Many marketers, advertising agencies (as the greatest advocates of brand-building) and brand strategists will espouse the concept of owning and building a brand, but few will practise what they preach – and make it simple for everyone to understand. That’s what I like most about Google, my favourite brand and one of the greatest brands on this planet.
What’s so special about Google is its simplicity – from its home page to its corporate philosophy. It’s this philosophy which drives Google’s genius as a brand, as stated on their ‘Our Philosophy’ page simply as a list of ‘Ten things Google has found to be true’. Here are the first two:
1. Focus on the user and all else will follow.
2. It’s best to do one thing really, really well.
These are humble confessions; confessions that have led Google’s phenomenal growth from September 1998 to date: revenues of over $6 billion, profits of $1.5 billion, market capitalisation of over $117 billion. Google is the world’s most popular (touted as ‘the best’) Internet search engine today; ahead of Yahoo!, MSN and Ask. According to industry reports, Google handles half the searches in the world.
What belies this simplicity is the enormous amount of mathematics and sophisticated algorithm that Google uses in its search technology – and to convert the search results into money through its unique ‘pay-per-click’ advertising model. Google places little text advertisements on search pages selected by its advertisers. But these advertisers pay only once an Internet user clicks on these links, thereby expressing an interest in buying.
Can it get any simpler than this?
20 May 2006
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