Baidu, a “local Chinese Google”, who leads the search engine market with over 75% share (Google only has 19 percent), is also one of the biggest and popular websites in the world. Alexa currently ranks it as the 6th popular in the world, just above Wikipedia and below Live. As do most big players in the SE industry, Baidu offers various services – such as video and image storage, website building platform, online encyclopedia, discussion forums, and more.
However, in today’s dynamic world, standing still and cherishing your achievements will very quickly lead to dethronement, at the very least. That’s why Baidu is looking to expand even further, especially when the number two Chinese website, Tencent, is also gaining ground, entering Alexa’s “world’s top 10” this month, after surpassing Twitter.
Tencent is largest internet company in China, and, with Facebook being unavailable to users, it is trying to utilize the social networking niche to compete with Baidu. The “satellite” services that are being offered by Tencent are very similar to the stated above Baidu products, making the clash between the two a “hot” battle for dominance. Baidu’s response, according to Robin Li, the CEO of the company, lies within expanding its own network of users and making it more “social”. In addition of fighting Tencent, this should also serve as additional income channel for the Chinese market leader.
In addition to bringing you the most relevant results, search engines are many times fighting over presenting the most up-to-date pages to the searcher. That’s why Google has those time-related filters in the left, just below the “type” filters. Although recent content might be well of importance only to news-seekers, Google thinks otherwise. Long before the recent “Panda” update to its indexing algorithm that is being talked about all over the world in during last week, Google has made numerous adjustments to its ranking rationale, with frequently updated websites getting “bonuses” in SE placements.
Yet another step in the same direction was done several days ago, although no official announcement has been made. It seems, Twitter is getting more credit within Google, which has decided to present recent tweets in the search results. In addition, the results also show user’s picture. But more important is the fact that the link is the tweet is included in the SERP’s, making it a valuable inbound link for the featured website.
It has to be noted, that the above only applies to recently posted tweets (the exact amount of time could not be determined, but from my testing it is probably several hours, and after that the results return to the usual “join twitter to follow”. If you want to see those results, by the way, it is very advisable to include the word “Twitter” in your search query.
One of the challenges in the recent Man vs Machine Jeopardy game, which was easily won by the computer, Watson, was coping with contextual questions. I was not only about facts, but understanding what the question is about.
Another fact is that people searches become more and more specific. Once, people would just type “cheese”. Today, as the number of webpages is immense, the search has to be more specific, stating what exactly you would like to know: “cheese vs cholesterol”, “where to buy cheese”, “how was the cheese invented” etc.
William Tunstall-Pedoe, co-founder of Trueknowledge.com, claims that his website is the future of search – at least for those who want to get answers to specific questions. Instead of typing search terms, you may just enter a question (“what is cheese”) and get a brief paragraph with an answer. Additionally, you will have some useful facts about the product and further at the page you could see related links (“external answers”) . There is also a possibility to add you answer, if you think you know better and want to contribute. To the right, you will see other sections, such as “other ways this question is asked” and related questions that are waiting to be answered (“Can you answer these questions?”).
My personal hope is that since Trueknowledge.com has been founded by scientists, it should present a viable alternative to the popular Wikipedia, which, unfortunately, has numerous incorrect facts in its articles…
While several companies established a Fairsearch.org group in order to try and prevent the Google-ITA deal, claiming that it is a yet another step of monopoly (by Google that is) of the airline ticket market, Bing has decided not to complain, but to fight. In addition to purchasing a predictive engine for flight costs, the Farecast, about a year ago, they now team up with one of the popular travel search engines, the KAYAK. It seems that the deal is beneficial for both sides – after all, KAYAK is probably also worried about Google acquiring ITA, despite their talks about “welcoming Google as a competitor”.
It their announcement, Bing flatters KAYAK, calling its new partner “a leading innovator in travel search”, and talks about “more comprehensive travel search experience”. The deal should benefit those people who want to plan and book via Bing. Although this looks like trying to stop people from leaving Bing, the move is actually a counter-step to Google entering the travel search. Of course, although “Google is not wining every niche it enters” as said KAYAK CTO and co-founder Paul English, it can affect the market heavily.
So, there is nothing left but to wish good luck to both Bing and KAYAK in their struggle.
Growing rapidly, with about 200 million registered users and estimated to surpass the 15 million adult users in the US in 2011, Twitter has proved as a very successful venture in the past 3 years. Based on acquisition offers, the company value has increased from $3.7 billion in 2009 to about $10 billion in the closing months of 2010. Yet, the owners are probably not going to sell it any time soon.
Instead, they want to turn Twitter into more profitable website. And the best way to ear money for an internet website is, of course, advertising. Currently, there are three options for advertising on Twitter – Promoted Tweets (that look like normal tweets, but are said to reach not only your followers but a significantly larger crowd), Promoted Trends (advertising at the Twitter home page) and Promoted Accounts (Twitter recommends certain accounts as “worth to follow”).
The problem, however, is that every potential advertiser has to submit an advertising request, which is then reviews by the Twitter staff and is either approved or not approved. The approval process is manual and, as a result very slow. Many small- and medium-sized businesses simply give up, unwilling to wait, and turn to other advertising options – such as Google Adwords and Facebook Ads.
Although Twitter is not going to remodel the advertising scheme completely, it is done the first step, reportedly increasing the “advertising team” to assize of 35 workers (a notable 10% of the company personnel). Their primary task will be to improve response times and also to contact potential advertisers – those who had previously expressed interest in using Twitter in their campaigns.
With the recent Goolge’s algorithm update (which was quickly called “Farmer’s Update”, as it seriously affects the so-called “content farms”) and Blekko’s removal of twenty famous websites from its results, it seems that fighting spam is the hottest issue in the search engine market.
Indeed, when we face certain enemy, it is very advisable to know about him as much as you can. So, what is this “spam”? The answer is clear – something annoying and useless. The first occurrence of spam is said to happen in the 19th century, when many honorable English gentlemen received an urgent telegram with an advertising content.
When we are talking about search results, however, spam is not easily defined. Usually, it means irrelevant pages that happen to have a keyword in them. But this has been handled a while ago. The search algorithms are far more advanced than 10 years ago, when one could fill the page with meaningless phrases and get a high SE ranking.
The problem has switched to using a good-written content (grammatically that is), which provides little useful information. It keeps repeating the same things again and again, so while looking “normal article” for the bot/spider, for the human being it is simply a waste of time. That’s what “content farm” means – a website that has constantly generated and frequently updated content, which has little value in it. That’s what Blekko and Google are fighting. The problem is that technically it is very hard to distinguish between “useful” and “useless” content – even for a human, let alone an indexing bot…
According to latest StatCounter data, Goolge has dropped below 90% of search engine market share – for the first time since July 2009. The presented figure of 89.94%, though is still a major headache for its competitors, Yahoo and Bing that combine to just over 8% of global search… In the European market the domination is even greater – Google has about 94% of market share.
Although Bing has surpassed Yahoo globally in January, in the US market Yahoo! is still a number two search engine, with 9.74% share compared to Bing’s 9.03%. Google has dropped below 80% once again, with 79.63%.
In Asia, Baidu has once again beaten Bing for the number three spot (Yahoo! is second). It must be noted however, that StatCounter only considers English searches so the results have to be viewed with care. For example, in Russia Google is reported as the market leader with 52% with Yandex having a figure of 46%, and in Czech Republic the picture looks even brighter for Google, which beats local Seznam 79% to 19%. Of course, when native language searches are considered, both Yandex and Seznam are more popular than Google in their local market.
But even so, in China, Baidu is a clear number one, with almost 70% of the market (compared to Google’s 29%) and in South Korea Naver is back to absolute majority (55.15%), with both Google and recently launched Daum both loosing ground (31.7% and 7.85% respectively).
Recent consumer study conducted by comScore and GroupM revealed that although 64% of the users are likely to follow a brand on Facebook and/or Twitter, search engine is still the most popular initial step for the majority of purchases made online. The study shows that nearly 60 percent of future buys originate within the search engine websites, with social media coming in the third place with 18% behind company websites (24%). And of those 18%, nearly half will eventually turn to search at some stage of their research. Similarly, only 40 percent of those that use search as their initial step will use social media throughout the purchase.
Moreover, almost no users (less than 1%) use Social Media and do not use search, while the search beats the “search+social media” combination 50 to 49 percent. Only 45 percent, though, use search throughout their research with 26 percent stating that they only use search in the beginning of the process.
The study also shows that customer reviews are something customers are looking for – making the recently reported idea of “SearchReviews.com” pretty viable. 30% of the responders said reviews are the most important thing to them. Social networks were selected by 17% of the users, and video sharing finished third with 14%.
Notably, the study only researched COMPLETED buys. So, maybe social media is simply good at preventing future purchases? After all, reading a page of negative opinions about a product can drive you away from it, and sometimes the whole idea of purchasing a certain accessory can become obsolete…
It was always believed that “word-to-mouth” is the best form of advertising. Before buying certain product, one would generally consult with those who already bought it, asking their opinion as well as the observed pros and cons. Advertising could make the product recognizable, but it were always the reviews that could make it a really popular hit.
With the introduction and development of the internet and the so-called “global village”, the importance of the reviews has escalated even further. When considering certain product, most of us would check what the others said about it, reasonably assuming that an unbiased opinion of the real user is more valuable than the presented specs and even professional opinions. Reading reviews before buying a product has become a mandatory (and quite easy) stage of the research.
Recently, another step in promoting this “what-do-the-users-say-about-it” way of buying has been made. A new site has been launched, called “SearchReviews”. The idea is simple – it is an Search Index (or as we call it “search engine”) that gathers reviews of various products form different online retailers (amazon, ebay etc.) and presents them as the answer to user query. The search can be a very specific (such as Nokia N95 8g) as well as fairy general (apple iPad). Currently, reviews only exist for products, but in the future SearchReviews.com owners plan to include services as well, integrating local reviews into the index.
Russian top search engine, Yandex, which was founded in 1997, has made an outstanding progress in recent years. Despite constantly growing competition from both the local Rambler and the “global” Google, it has succeeded to increase its market share in 2010. According to Yandex report, for the first time in four years the engine’s share of the Russian search market exceeded 60 percent, reaching the 64% mark. Yandex has also launched its English version, officially “going global”, possibly intending to fight Google at its own ground.
Despite speculations about going public in 2008, Yandex cancelled the move at the last minute – possibly due to fluctuating economic conditions in both Russia, the US and Europe. Thus, the company is still privately owned, with about 24% being owned by the founders and workers (another 10% held by former employees) and over 60% owned by various funds (including the initial major investor, ruNet Holdings).
After reporting a year-to-year increase of 43% in revenue, which was over 400 million dollars, the company now plans to attract more investors. The IPO (initial public offering) is expected to take place in the early summer and will be managed by Morgan Stanley and the Deutsche Bank. According to various reports, Yandex’s target is raising 1 billion dollars with this move.