Connect with us

Politics

Here’s How GMB Can Make Your Business Rock in Local Rankings – ReadWrite

Published

on

Here's How GMB Can Make Your Business Rock in Local Rankings - ReadWrite


The coronavirus crisis has made it critical for companies to ensure their websites get ranked in search results. There’s no silver bullet or a dedicated tactic. Only a combination of multiple efforts can provide a good rank for local businesses. And this is where (GMB) Google My Business comes into the picture.

How GMB Can Make Your Business Rock in Local Rankings

The dashboard is proving to be a significant source for quality links. The listing displays all the business details, including reviews, operating information, posts, and more.

How does GMB contribute towards local SEO initiatives?

Prominence, distance, and relevance are considered critical factors for Google’s local search results. The search engine pairs keywords with verified businesses that are nearby. When it comes to local 3-pack listings, Google gives priority to companies that have verified Google My Business profiles. Such firms stand a better chance of appearing in the top search results.

As pointed out in the Local Search Ranking Factors Survey, local pack rankings are highly influenced by Google My Business signals. The logic is simple; GMB profile sends social signals to the search engine and sends traffic to the business website. Reviews on the profile work as social proof.

GMB can make your business rock in local rankings. Here’s a quick look at certain critical aspects.

  1. Getting started with GMB
  2. What type of content can work?
  3. What’s the need to tailor content for Google My Business to boost SEO when everything is available on the website?
  4. Is Google My Business really worth the time and effort?
  5. GMB during COVID-19

#1. Getting started with GMB

The first step is creating an account to claim your business. Complete the online verification for your firm. Tag the location on Maps, select a category, and add a phone number as well as a website URL.

Then, wait for a physical letter with details from Google to arrive at your address. Once verified, you can fill up the necessary information on the business and complete the listing. Some companies can also complete the process via email or phone call verification.

Entrepreneurs can use GMB as an ultimate tool to control how their business information appears in the search engine. Adjusting location in Maps, as well as the knowledge graph, becomes easy.

From managing and displaying customer reviews, photos, opening hours to adding NAP details, entrepreneurs can handle various aspects of the business listing with ease.

The content is used by Google search and Maps as the primary reference. A selected number of Google Local Guides can review and edit business listings on GMB.

This tool from Google is considered one of the most critical components for local SEO success. Remember, the listing is not a button to help climb the charts. It needs to work as a part of your off-site and on-site SEO efforts. Accurate GMB profile, localized content, and a well-optimized site are things that need to go hand in hand.

#2. What type of content can work?

  • Use Google My Business as a channel to share your current content

Every content marketer strives to ensure their target audiences remain exposed to the content. However, even choosing the best platform and spending handsomely on social media campaigns may not yield results worth appreciating. Surprisingly, merely updating Google My Business listing with fresh content weekly can help.

Several small businesses neglect basic information and this impacts the customer experience. Ensure you have accurate links for your website, social accounts. Most importantly, the updated list of products and services offered, current working hours, phone numbers, and addresses for various locations need to be accurate.

  • Focus on offers and specialty of the house

The audience viewing GMB content is more transactional. So, the content should focus on offers, specials, and USPs for products and services.

Studies have highlighted that firms with 100+ photos in their GMB listing often register more clicks than competitors.

  • Content that describes the experience

Introduce yourself and your firm with videos. If you have a dedicated budget, work with a Google-certified 360 virtual tour professional.

Besides videos and photos, a quick introduction to the team members working at the location can be encouraging for consumers. They get an idea about what they can expect after they arrive at the business location.

Administrators should also update info for weather-related specials, seasonal offerings, and details for daily specials.

  • Posts that answer most asked questions

Focus on questions that potential consumers ask. Answer them via blog posts and share the same on your listing.

  • Small description about the company

Potential customers would appreciate it if you provide a short description of the company.

Google Posts feature attracted a lot of attention back during the 2016 elections in the US. The function enables businesses registered with GMB to share messages with consumers on Maps and Google local search panels.

Firms can also use Google Posts for advertising new deals, events, and coupons. You can add a call-to-action button in the content for driving user engagement.

The analytics feature in GMB enables you to check how the audience interacts with the content you posted via Google Posts.

  • Spammy tactics do not help

Keyword stuffing, creating doorway pages, and posting spun (automating) content on GMB profile is a strict no!

Also, paying people to post positive reviews is a bad idea. Remember, the world’s most robust search engine has its advanced set of tools that detect spammy tactics.

  • Real and honest reviews can do wonders

Paying dubious websites to rate you five-star does not work anymore. Genuine review sites and Google can detect spammy reviews and flag your website and business as dishonest.

Similarly, asking consumers to leave positive reviews on GMB in exchange for discounts can also backfire. Potential consumers might consider reviews mentioning incentives as false ones. On the other hand, genuine consumers’ feedback proves better even if there’re a few negative ones.

  • Understand and address negative reviews

It is evident; bad reviews do come through. Responding diligently to negative reviews shows how much you care about customers.

If something is wrong, acknowledge, understand, and address the issue to make sure consumers end the conversation happily. Apologize and empathize wherever required. Remember, resolving issues means digging into the problem and ensuring all the aspects of your enterprise run smoothly.

#3. What’s the need to tailor content for Google My Business to boost SEO when everything is available on the website?

The tool has a direct impact on local SEO. Achieving a good rank in a search engine requires time. So, it’s not useful for promoting information that becomes stale quickly. On the other hand, GMB aims at providing accurate and immediate information to searchers. So, Google always gives more relevance to content maintained on the tool.

#4. Is Google My Business really worth the time and effort?

A study conducted by BrightLocal back in 2019 pointed out the significance of this tool. It highlighted how 45,000 local business listings from GMB managed to get more clicks, views, and actions due to localized content.

Digital marketers can deliver the content to the right audience without waiting to get good rankings for the company website.

It’s not just about views and clicks. As mentioned earlier, posting content on My Business regularly can help secure a spot in the local-3 pack featuring the top three businesses relevant to the search keywords. Thus, posting fresh content on the tool at least once in seven days is a must for small businesses.

#5. GMB during COVID-19

The COVID-19 pandemic has forced businesses to tweak their operating hours. Business models have changed, and so has the list of products, services. Shipping timeframes have changed. The world has entered 2021, and vaccines are being administered. However, local lockdowns and restrictions are still in place.

In the current situation, the Google My Business tool can help in keeping customers updated about changes. Accurate information will be readily available on Google Maps and search results as well.

An SEO company with local search engine optimization experts can help you set GMB listings in the right way.

Image Credit: anna tarazevich; pexels

Rakshit Hirapara

Professional SEO Expert

Rakshit Hirapara is a content marketer at PeddleWeb, an internet advertising company in India. He holds spectacular skills in digital marketing, branding, lead generation, customer retention and a few more. He has been featured in major publications like SEOBlog.com, Einsteinmarketer.com, Hyken, User.com, Martech.zone, and a few more.

Politics

Fintech Kennek raises $12.5M seed round to digitize lending

Published

on

Google eyed for $2 billion Anthropic deal after major Amazon play


London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

Continue Reading

Politics

Fortune 500’s race for generative AI breakthroughs

Published

on

Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

Continue Reading

Politics

UK seizes web3 opportunity simplifying crypto regulations

Published

on

Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

Continue Reading

Copyright © 2021 Seminole Press.