I had some time recently to view some data on Hitwise. Hitwise publishes information about online trends. It was interesting to note that Flickr, A Good Web 2.0 Photo sharing site (owned by Yahoo!) improved performance over the last year while Yahoo!’s once popular photo sharing service has declined. Here is a breakdown of April 2006 compared to April 2007:
APRIL 2006 Market Share for Traffic
- 25% – Photobucket
- 14.4% – Yahoo! Photos
- 11.7% – Webshots
- 4.6% – Kodak Gallery
- 3.6% – ImageShack
- 3.6% – Flickr
APRIL 2007 Market Share for Traffic
- 40% – Photobucket
- 5.7% – Yahoo! Photos
- 4.8% – Slide
- 4.5% – Flickr
- 3.8% – Kodak Gallery
- 3.1% – ImageShack
What prompted me to go to Hitwise for the data was reading an article that said Yahoo! would be shutting down the once popular Yahoo! Photos later this year (USA Today), and had referenced Hitwise for the above data. I think this just shows the growing trend and effect that Web2.0 is having online. Is this the 2nd Internet bubble? I don’t know, and I don’t think so. We are more dependent on the Internet now than before, and I think many business models have a more realistic picture of online performance. Flickr has done a good job of being A Good Web 2.0 Photo site.
