Facebook's market share is up 50% year-over-year, according to data released by Hitwise. myYearbook.com saw a 256% growth, propelling it into the third spot for most visited social network sites in the United States in August 2008. Still, they only had 1.65% of the total share.
MySpace lost market share, 10% to be exact. But it still holds the number one spot at 67.54% of the market.
Here are the charts:
5 Million Users Hate the New Facebook? No Problem
Less is More: What Social Media and Electronics Can Teach the Establishment
Social Media is Key Component of Back-to-School Marketing Supply List
Facebook and Hi5 Lead Global Growth Among Social Networks
The Original Search Marketing Event is Back!
SES Denver (Oct 16) offers an intense day of learning all the critical aspects of search engine optimization (SEO) and paid search advertising (PPC). The mission of SES remains the same as it did from the start - to help you master being found on search engines. Register today!