This will also greatly propel socialommerce™. This is very important, when you consider that Bill Eager, cofounder of bSocial Networks, estimates there will be as many as 250,000 sites that call themselves social networks within a year, compared...
We started to answer this question in "Social Media and Online Commerce: Birth of Socialommerce™. What is the potential of Socialommerce™? Here's a real world example of what the future of socialommerce holds:
The big social networks will eventually dominate this portion of socialommerce. Socialommerce and Twitter's Death by Facebook Socialommerce™ is the next big thing. What is socialommerce exactly? Socialommerce in Action
Google) have shown they can generate substantial revenue (what I like to dub "socialommerce"). There are many more social networks for myriad audiences: business (LinkedIn, Plaxo), older (Gather, Eons), travel (aSmallWorld, TripAdvisor), teens...
