Google has finally announced the “Change of Address” tool to the search console interface, earlier it was there in the older version.
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Importance:
This tool is very precious to the SEO and site owners as through this, they could tell Google about when a website is moved from one domain to another or shifts to the subdomain. Notifying Google helps them to maintain ranking in the SERP.
Usability:
This tool is only be implemented when the whole address of a website is changing. Before using this tool the site owners must implement 301 which redirects for the homepage and for approved pages. This tool helps the user in checking whether all the necessary steps have been done or not and if not then it will help them to do the necessary pre-work.