Yesterday, I came across an interesting article about the the Internet usage stats in Korea in 2008. (As you know, it's the end-of-the-year time and we're getting tons of statstical reports summarizing 2008, so it's good time for TechnoKimchi.)
So, to make it brief, you know that the top 3 traffic sites in Korea are Naver, Daum, and Cyworld. And guess what the top 3 search keywords for 2008 are? Yup. They are Daum, Cyworld, and Naver.
Wait a minute. Am I saying that people don't type in the URLs for those sites, but search for them to get there? Apparently so. Basically what this means is that Naver is the biggest traffic generator for Daum and Cyworld. It's like saying "most of Yahoo traffic comes from Google."
Indeed. Among other top 10 search keywords are gMarket (4), Auction (5) (gMarket and Auction are the top two ebay-like sites in Korea), Kookmin Bank (6), Yahoo (7), Woori Bank (8), and Shinhan Bank (9). Take notice the keyword ranking almost exactly aligns with the the most popular sites in Korea.
I've been personally watching some young kids at my church (around elementary school age) use the Internet. They actually do search on Naver for the names of sites they want to get to and get there by clicking on the links. I asked them, "why do you search instead of typing in the URLs?" The answers typically come in two ways: "Why not?" or "URLs?"
This is the power of the search economy. The fact that the top search keywords are Daum and Cyworld, not Naver and Cyworld, means it's the No.1. search portal Naver that sends out traffic to Daum and Cyworld, making them the greatest beneficiaries of their greatest competitor in Naver. Traffic means money, but apparently that's the cost Naver will gladly take.
Display ads are dying. URL games are dying. Newspapers are dying. The only thing that seems to be certain in the midst of economic downturn and flood of information is the efficiency of search engines. No wonder Google is the king no matter what.
(After reading through comments provided by Channy and Chang, I realized this is not a trend only unique to Korea but rather a universal one. Guess who's been behind, haha. Sorry, folks :)
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