Social news sites such as Digg, Netscape, Fark, etc. are said to be losing momentum

Posted on August 15, 2007
Filed Under web 2.0 news |

In the last few weeks I have often talked about a problem that is very common in the industry. There is something I would call the company life cycle. After a year or two of this cycle what you observe is that companies can’t keep growing as fast as they did before.

I have carried out an analysis about this phenomenon and what I got is a confirmation of my opinion.

Have a look at this chart:

image

There is no doubt that is still the leader in the industry, but the trend is either steady or declining for all the sites.

In the last few months I couldn’t find any sites that could be good alternatives for those listed above.

My forecast is that each of those site will lose between 15-20% of users within a year. Profits will be lower than expected for sure, so if you are planning to take over , Netscape, or any other such site be careful.

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4 Responses to “Social news sites such as Digg, Netscape, Fark, etc. are said to be losing momentum”

  1. Ted on August 15th, 2007 11:23 pm

    Netscape looks really bad. The should do something to cath up. SHoutwire is crap too.

  2. CREATT Group » Blog Archive » Social news sites such as Digg, Netscape, Fark, etc. are said to be losing momentum on August 16th, 2007 12:06 am

    [...] Źródło: Businesshackers Team [...]

  3. hazan on August 16th, 2007 1:36 am

    Its a a very bad idea to use Alexa for this type of analyses

    check this
    http://siteanalytics.compete.com/digg.com+netscape.com?metric=uv

    you will se the differece in a digg progress.

  4. mark on August 16th, 2007 4:01 am

    Social networking is sliding into social bookmarking. Hence, less of a need to congregate at these sites.

    Social networks are exploding while these hubs decline. Just one more stat to show that the future is in networks.

    Mark from ClutterMe

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