Globally, internet audiences are rapidly proliferating – 87% of the internet population now belongs to regions excluding the united state. Many Emerging Regions are likely to bypass the old modes – skipping dial-up and moving straight to broadband. Moreover, E-commerce growth is now being driven primarily by existing online shoppers, a trend which was at a nascent stage few years backAsia taking over?
According to the recent report released by comScore, Asia Pacific with 41.2% now represents the region with the largest internet population in the world. From 2000 to 2011, world internet usage has grown by a mind boggling 480%.As a measure of engagement, comScore also analyzed that internet users outside the US account for 13% of the world’s online population in 2011 as compare to 66% in 1996. Many emerging regions, with social networking and mobile internet, are expected to gain momentum over the next few years. That has strong implications for marketers fancying their online edge.
Coupons on the money
A few specific categories have secured top slots in terms of driving web growth. As far as web growth in US is concerned, those are the coupons & retail-movies categories that have driven the growth. Humour was ranked the top gaining category last year with a growth of 88% in Unique Visitors (UVs), but has now dropped to the least growing category with only 8% growth (maybe they need them only in economic downturns!). With already a strong visitor base, unique visitors to the gaming information category grew by 13% since July 2010 and kids sites grew by 16%.
Socially & musically sold
While conversational media sites such as Tumblr & LinkedIn with 223% & 52% yoy growth in UVs respectively are known to be popular among the younger generations, properties such as Vevo & entertainment sites other than social media are fast catching up too. Vevo had 18.6 million more visitors in July 2011 than in July 2010. Even advertisers & marketers are looking for opportunities to advertise on social networking sites as traffic on these sites is comparatively very high. However, the music & entertainment category is fast gaining favour among the youth who are getting attracted to sites like Vevo and Pandora.
India on a searching spree
The global search market continues to grow at an extraordinary pace, with both highly developed and emerging markets contributing to strong growth worldwide. With the recent facts & figures revealed by comScore, it can be seen that 27.4 billion searches were performed in July 2011, which marked an 8% growth rate over the July 2010. India is ranked 8th in the global list of number of searches conducted but it has grown at a rate of 19%, which is the fastest after Turkey & Brazil when we compare the other countries in the top 10 list.
Source : IIPM Editorial, 2011.
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).
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