Web analytics company Compete has released the biggest winners and losers among the top 1,000 sites last year, in terms of monthly visits. Because it is rather tedious to read all the 1,000 sites, the table below shows the top 20 moving sites of 2007.
Moreover, Compete pinpoints several trends observed during the analysis. As expected, social networking sites have not reached its saturation point. Simply translated, there is still room for other startups to succeed in this market. The key is finding a profitable niche to focus on. In a way it mirrors the study conducted by Experian about the Impact of Social Networking in the UK.
Free remains and will remain the name of the game as evidenced by the success of fastest growing online dating startups datehookup.com and Iamfreetonight.com in the already crowded market. Waiving membership fees, they exist through advertising revenues.
Originally posted on January 18, 2008 @ 8:51 am