Here’s what Google says about Google Boost:
Google Boost is a new online ad program that lets business owners build search ads from their Google Places account. The goal is to make the ads contextually relevant.
Google is really putting some muscle behind moving to strongly monetize Google Places or as it used to be known Google Maps. Google Boost is currently being tested only in Chicago, Houston, and San Francisco. The new program will allow business owners to create AdWords-like ads but from inside the Google Places platform. The client will be able to set a budget and Google Boost will do the rest creating a keyword list and serving the ad when relevant. The price model is pay per click, in other words you only pay when someone clicks into your Google Places page.
Google expanded the Google Places tag recently out of selected markets and is now offering the mini yellow icon for $25 per month to Google Places businesses who want their map marker in the local list to stand out. I consider the Google Place tag a grab for cash by Google, but I am testing to see if the little yellow marker does generate extra activity and will let you know at the end of my testing period.
In the meantime, with new management moving into Google Places, Google Boost testing being done now, and Google emphasizing local search placement above Google.com organic listings and in some cases even above existing AdWords ads I expect to see even more efforts to further monetize this important listing for local serving businesses.
If you aren’t even on Google Places now, make sure to check out our Google Places set up and placement services.