Monday, May 9, 2011

The Latest Trends in Social Media

The Latest Trends in Social Media
Reports have shown that YouTube was the fastest growing social media site in the month of April for the second consecutive month. This online video sharing website now accounts for nearly 1 out of 5 visits to a social networking site. YouTube is now established as the third biggest site, overtaking Hotmail recently.

However, Facebook on the other hand has lost market share of the number of visits for the second consecutive month in a row, dropping to below 55% of market share for the first time since last year.

The fastest climbing social networking sites were Twitter, Yahoo!, Tumblr and Answers. MySpace and Club Penguin have noticeably dropped in market share.

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