What a relief that Google received approval for their China operating license last week. Google remains a keen player in Greater china region, and many young Chinese adore Google, and use services provided by Google from email, to maps, to news, etc. Although the site still re-directs from Hong Kong, there has not been a visible impact in the search volume, the clicks received and the ROI generated from Google search.
Latest quarterly figures for Q2 shows that Google had a year on year growth compared to previous year with a net profit of $1.84 bn.
As consumers become more savvy online, search volume and expectations for it to perform will only continue to grow. A visible trend we are seeing right now is that many clients are starting to realize the importance of Search in their overall marketing mix, and are steadily diverting monies from other channels to fund Search Activity. As more clients become more KPI driven, I am sure this trend will only increase.