Google Inc (GOOG): Key Factors That Could Help It Hit $1,000

Other revenue streams

The company is currently testing the Google Shopping Express in San Francisco bay area to provide same-day delivery service to consumers from various stores, including American Eagle Outfitters, Toys R Us, Target, Walgreen, Office Depot, and Staples. This action signifies that Google intends to compete with Amazon.com, Inc.’s (NASDAQ:AMZN) local express delivery service and eBay Inc (NASDAQ:EBAY)‘s Now same day service.

Amazon.com, Inc.’s (NASDAQ:AMZN)’s service fee per delivery is $8.99, and it offers free-two day shipping on selected items under its “Prime” subscription program with an annual rate of $79 with unlimited streaming of films and TV shows, and a free Kindle book rental every month.

eBay Inc (NASDAQ:EBAY)’s delivery service charge is $5, and it recently announced the expansion of its same-day delivery service in Chicago and Dallas. The company is implementing different initiatives such as local commerce, innovating its mobile capabilities, and expanding in target markets to achieve long-term growth. Its revenue is expected to increase 50% due to the fast growth of PayPal.

Google Inc (NASDAQ:GOOG) is still figuring out its shipping rate, but the price is expected to be competitive at around $60-$70 per year.

Also, we should not not forget the Google Glass, a wearable computer that looks like an eyeglass, and allows users to check e-mails and search other information on the internet using voice commands. The gadget is extremely popular. Many joined the “If I had a Glass” competition. They are willing to pay $1,500 to be included in the first batch to own the developer version of the Google Glass. I think Google Glass is capable of delivering record sales once it is available in the market.

Conclusion

Google Inc (NASDAQ:GOOG)’s management is a go-getter. Its executives, Larry Page and Sergey Brin, clearly demonstrate their vision for the company. The products and services of the company are intertwined, strategic, and provide strong support to its core business. In addition, the company is very aggressive in terms of innovation and competition. Most importantly, Google knows that the “Customer is King.”