Compete.com recently released their ranking of social networking sites for January 2009*. Ranked by number of monthly visits, Facebook overtook Myspace to grab the top spot for the first time.
This reversal doesn't surprise me. While Facebook has been innovating, Myspace has been stagnating. Facebook finished rolling out its feed-focused redesign last Fall; since then the average number of monthly visits has increased from 11 to 17. Meanwhile, Myspace also introduced feeds, but not in key areas like the profile page. Since then, Myspace visits have remained flat at an average of 14 per month.
*Statistics are based on US internet traffic.
I have to say that I don't really get the point of tagged.com and I'm surprised to see it in the number 6 position. I am also really tired of getting spam telling me I need to respond to my tags.
With all the innovation taking place in the social media space, it will be interesting to watch how the rankings change over the next few months. I believe that Myspace will continue to lose steam and drop in the rankings. Ditto tagged.com. I also predict that Twitter will rise to the number two spot in the next six months. I am a big fan of Linkedin.com and expect it to move up the rankings to the fourth and perhaps even the third spot within the next six months.
For more information, see the article in Venture Beat and compete.com.
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