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Google Maps – your brand here

Google has developed yet another new revenue stream from its mapping product – companies are now able to pay to have their brand logo appear on their location on Google Maps.

Australia is the first market in the world to feature the product, which will see companies paying on a CPM basis, related to the number of times their icon is served on a map to show thigns such as ATMs or store locations.

Product manager Matthew Leske told Mumbrella that the product was briefly trialled last August and September. Brands signed up for the wider pilot include Bankwest, JB HiFi and LJ Hooker.

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