This website business model is a document and media sharing service that allows users to store files online, share them with a single click and easily create professional Flash video, audio playlists, image slideshows and document viewers. The site offers three subscription tiers for members, each provides new features, increased storage and different download limits. In January 2007, the site was featured on ABC 7 News in NYC and the critical acclaim has poured in from tech media ever since. With traffic at 2.2 million unique visitors per month, more than 600,000 members have created accounts since the site's launch in December 2006 and its member base has doubled in the past five months. The site's revenue is also growing at tremendous speed as income for the first four months of 2008 has already matched the entire 2007 year.
This site has been growing consistently since its inception. As the positioning and traffic continue to increase, ad revenue will continue to follow.
There are several websites in this space, but none compare to the excellence in the systemized approach that this site takes in this niche. As such, it generates the largest volume of traffic and is the market leader in this industry.