Mission Statement Google’s mission is to organize the world’s information and make it universally accessible and useful.
Target Market Approach Google generally uses a mass marketing approach. The majority of Google products is technology related, and are relatively inexpensive. They offer high end products at affordable prices, so that a variety of individuals can afford to buy them. Google products are available in most countries, and are easy to use for most demographics.
Demographics / Psychographics The demographics of those who may buy Google Glass mostly include upper and middle class residents of first world countries. Google Glass attracts males aged 16 to 30 working in a technology related field, or have an interest in computers. Fashion forward individuals, especially women, are not as likely to buy Google Glass because they are thought to look unfashionable. Individuals who are interested in keeping up with the newest technology are more likely to buy this product, as well as individuals that have disposable income.
Product Usage Individuals who would use Google Glass include travelers, the deaf, and the professional working class. Travelers could use the foreign language translation and GPS services. The deaf require aid in communication. Google Glass can display conversations in real time, giving the deaf the ability to read ongoing conversations and respond with ease. Professional individuals with busy lifestyles would use this product to multitask, while doing additional activities with their hands. They would also use the Google Glass for taking pictures, video, and for texting without needing to use their hands. Google Glass is utilized by giving it voice commands, and by has it translated text and voice onto the screen.
Market Needs / Benefits Google Glass would benefit the market by allowing buyers easier access to the internet, providing a hands free method of communicating, taking pictures, recording videos, and accessing useful applications. It also helps fulfill the needs of the global technology market by utilizing translation tools that translate voice and signs in foreign languages onto the screen. The main benefit Glass brings to the market is it brings individuals closer to technology and to each other, by making it easier to communicate and access the internet.
Product Positioning Customers would most likely see this product as a more affordable, more stylish, and easier to use than the competition. Google Glass has received more attention in comparison with its competitors, 9 and it has not even been released to the public. Google Glass is seen as great solution to problems such as deafness, communication issues, and navigation. Google Glass poses a solution for deafness it can display a person’s speech on the screen in text, while comparable products just make noises louder. This means the deaf would shave the ability to communicate easily. Consumers may prefer Google Glass to other translation tools because it translates text and voice automatically onto the screen. Making it is easier to use than other translation services, which usually require the user to type the text into a device which then translates it into another language. People would prefer Google Glass when navigating to other products like a GPS because it shows exactly where they need to go in real time directly in front of their face, instead of other products which usually are on a small device in the car.
Target Market Issues Google’s marketing strategy is like one big experiment. It is hardly experimental technology. It is an experiment in how to use a consumergrade head up display. But the experiment goes much deeper than hardware and apps. It goes deep, in fact, into Google’s crowdbased future ("Google's Perfect, FutureProof Marketing Strategy For Google Glass")
Demographics The research, which polled the views of 1,600 UK and US adults this September, revealed around half of respondents are aware of products including Google Glass, Sony, Smart Watches, Samsung Galaxy Gear, and Nike+ Fuelband, particularly among the male, under45 yearsold demographic. The research proved that the "price is a “major barrier” for mass takeup of the technology, particularly for 16 to 24 year olds, according to the research"(Davies).
Psychographics Google Glasses are ideal for those “techsavvy” adults that love to have some sort of technology with them at all. Google Glass offers complete hands free accessibility that people with hectic, busy lives would appreciate. Google Glass will be a life changing product for secretaries, and busy business men and women all over the world. The features Google Glass features are ideal for and appealing to those that live the busy lives that calls for them to be hands free. With a quick swipe of a finger and the tone of the user’s voice the user can do almost anything with Google Glass hands free. The user can take a quick picture with a wink of an eye, make a call, Facetime, get directions, send a text message and even search the internet while being hands free. The hype around Google Glass has inspired a division of opinion. The people who want Google Glass and smart glasses are probably in the minority, with most people saying: "No way!". They say this because Google Glass looks weird or dorky, they are too expensive or they are thought of as creepy invasions of privacy. But the wide range of smart glass products coming next year may change minds. Some of them do not look, function or empty wallets like Google Glass does (Elgan). Google's target market for Google Glass is International Male Business Travelers between the 23 ages of 2436, “tech savvy” male enthusiast between the ages of 2140, male and female American teenagers between the ages of 1419. Google does a great job promoting Google Glass, they promote the product by using traditional and nontraditional tactics. Their non traditional tactics are Mobile Marketing, Social Media, and Guerilla Marketing. Their traditional tactics are billboards, commercials, and magazines.
The product positioning chart above represents where Google Glass stands against other products in the market right now. Google Glass is on the higher end of the spectrum when it comes to the price tag, but it is cheaper to buy google glass than buying a computer. Not much information can be provided for Google Glasses current sales, due to the fact that it is not on the market for sale. Google glass has been distributed to different companies throughout the country. The current price tag for Google Glass is $1500, but it is said to go down in price when the product is released to the public. Google Glass was said to be released in 2013 but when that did not happen the release date was moved to 2014. It is said the company will not be able to go below the $500 price tag. The more 24 realistic price for Google Glass will be $600. Will Google be able to quickly drop it to the $300 Scoble hopes to see in 2016? (H.).
"(BI Estimates) provides high, mid and lowrange sales estimates that could result based on a number of factors, including price. On the high side, analysts believe Google Glass will sell 21 million units annually by 2018." (BI Intelligence) Google Glass will go mainstream within a few years, as the price drops and the design begin to resemble normal eyewear. While detractors carp about privacy and its current goofy appearance, Glass will improve its user experience and draw in users with amazing apps that leverage augmented reality (BI Intelligence). Google Glass will become a “fad”, and everyone who is anyone will jump on that bandwagon. Google Glass will become more of a fad to the 1518 year old age group. One child in school will get a pair, then their friends will buy them, then anyone who does not have them will ridiculed causing a chain reaction. Just to be able to fit in the "in" crowd, youth will begin acquiring them