Google +1 Reporting with Webmaster Tools

Last week was a busy one for Google, and summer vacationing Webmasters may have missed the global release of +1 buttons to Google search sites, as well as the introduction of the Google+ project. Both are key elements to Google’s social networking initiative, designed to compete directly with Facebook by making it easier for users to connect with friends and colleagues online. The +1 button aims to bring recommendations from friends and trusted contacts into actual Google searches – potentially giving it similar weight for marketers as the Facebook Like button. Google may make up for being late to the party by providing the kinds of analytics that marketers have been yearning for in the social space. Late last week, the company released a number of reports within Google Webmaster Tools that will show website owners the actual value that…