The Next Frontier: Monetizing Facebook Without Online Ads
ADOTAS – Trash-talking and shameless promotion on Facebook may be soon reach a fever pitch. A new service now allows users to create and profit from virtual online stores. In essence, if a user’s pitch about a product drives sales up – they get a cut.
bSocial Networks Inc. today announced the release of Market Lodge 2.0, the first consumer-to-consumer eCommerce application available on social networking site Facebook.
Market Lodge will give users a 10% commission if a product they shill for gets an uptick in sales. Facebook users can create online stores within their profiles – and they don’t have to maintain an inventory. Market Lodge vendors and bSocial Networks takes care of the back-end transactions such as shipping, billing and customer service.
“Until now, social networks have used online advertising as their primary revenue stream,” said Sue Spielman, co-founder of bSocial Networks. “The next step in eCommerce is to expand the social bond of trust inherent in social networks into the actual sale of products. Market Lodge represents a radical, and much needed shift in the way business and commerce are integrated within social networks.”
Users can choose from more than 1,200 products in health/wellness, entertainment, fashion, books and other categories. Facebook has about 67 million users and is the sixth-most trafficked site in the United States.
Article Sponsor
More News
Reader Comments.
No comments yet
Leave a Comment
Features
- Scaling Mt. Mobile — NOW July 3rd 2008
- Leveraging Big Brother Alliances July 3rd 2008
- FYI: Sponsoring Content, Context Are Not the Same July 2nd 2008
- Why People Hate Us July 1st 2008
- Social Media Part 2: Back to Basics for Cash Bonanza July 1st 2008
Latest News
- Court Ruling Releases YouTube Users’ Private Data July 3rd 2008
- Hiring Round-Up: Skype, iBloks, NBCU July 3rd 2008
- Yahoo, MerchantCircle Pen Local Marketing Deal July 3rd 2008
- The Secret: Everyone Spills Online July 3rd 2008
- Study: SMS Top Priority for Mobile Users July 3rd 2008
- Chinese Video Site Attracts $30M in U.S. Funds July 3rd 2008
- IndieClick: “No Ads Are Better Than Bad Ads” July 2nd 2008
- AOL To Grow Niche Game Fan Base With BigDownload.com July 2nd 2008
Spotlight
GlobalSpec: Firing Up the Vertical Search Market ADOTAS EXCLUSIVE — GlobalSpec is a leading vertical search, information services and e-publishing company that serves the engineering, manufacturing and [...] more...
Reader Favorites
Classifieds
Most Commented
- Google Sucks: Why It Might Be a Good Thing (7)
- Why Top Publishers Bash Ad Networks (6)
- No Recession For Online Advertising, Promise (4)
- Raiders Of The Lost ROI (4)
- “Cheaper” iPhone Prompts Deceptive Pricing War (4)
- Why CMOs Can’t Keep Their Jobs (3)
- Online Advertising Baffles RE Agents: Study (3)
- Obama, McCain Commit to SEO (3)
