How Google+ Will Copy Facebook
Nov 30th 2013 3:00PM
Updated Nov 30th 2013 3:02PM
Google is going to have to embrace social ads at some point, Fool contributor Tim Beyers says in the following video.
The search king has thus far resisted overt ads running in Google+ news feeds. And yet Google still uses some social data for advertising. One example: social annotations, wherein ad text displays how many G+ users are following your business. Facebook is similar in that it'll show you which of your friends likes an ad or service pitched in your newsfeed.
Tim says it's a short distance from annotated ads to promoted posts -- think of them as similar to Twitter's Promoted Tweets -- from businesses or people you've interacted with via the Google +1 button. The search king might also allow businesses to pitch offers directly from their Google+ Pages.
We're long past time for Google to do something in this area of the market. Researcher BIA/Kelsey has the total spend on social media advertising rising from $6.1 billion this year to $11 billion by 2017. There's no sense in ignoring that sort of hypergrowth opportunity, Tim argues.
Do you agree? Or should Google keep G+ free and clear of advertising? Please watch the video to get Tim's full take and then leave a comment to let us know where you stand.
The key to unlocking vast wealth
What is it? Simple: buy shares in solid businesses and keep them for the long term. In the special free report, "3 Stocks That Will Help You Retire Rich," The Motley Fool shares investment ideas and strategies that could help you build wealth for years to come. Click here to grab your free copy today.
The article How Google+ Will Copy Facebook originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Google at the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends and owns shares of Facebook and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.