Social commerce is a subset of Electronic commerce in which the active participation of customers and their personal relationships are at the forefront. The main element is the involvement of a customer in the marketing of products being sold. e.g. recommendations and comments from customers. This happens for example when customers publish weblogs with their shopping lists. The term was first introduced by David Beisel[1] and then picked up on by Steve Rubel,[2] and originally referred primarily to sites such as Yahoo!'s shoposphere, and Shopit, where the social component is primarily recommendation and review.
However, the term has been expanded to include a variety of collaborative commerce activities, where the social participation may extend beyond recommendation to collaborative purchasing, such as BountyUp, or fundraising (ChipIn, Crowdfunder, Causes on Facebook).
Social commerce can be correlated with Search Engine Optimization as a way to build inbound links and generate user content, all of which are tools to improve a website's search results on a given search engine such as Google.Social shopping is a method of e-commerce and of traditional shopping in which consumers shop in a social networking environment similar to MySpace. Using the wisdom of crowds, users communicate and aggregate information about products, prices, and deals. Many sites allow users to create custom shopping lists and share them with friends.[1]. Others concentrate on the user interactions consisting information and recommendations that are hard to acquire from the actual sales personnel. Some services even allow users to shop together synchronously to complete the social environment Social shopping sites can generate revenue not only from advertising and click throughs, but also by sharing information about their users with retailers.
Social shopping can also exist in the real-world even beside the obvious changing of consumer stories with people one knows. For example, when you walk into a dressing room, the mirror reflects your image, but you also see images of the apparel item and celebrities wearing it on an interactive display. A webcam also projects an image of the consumer wearing the item on the website for everyone to see. This creates an interaction between the consumers inside the store and their social network outside the store. The technology behind this system uses RFID[2].
Examples of social shopping sites include Yelp and Kaboodle. Examples of social shopping applications inside of Facebook include StyleFeeder. Business aspects of social shopping are still to be proven, although several companies have managed to publish their services and gather masses of users.
Social shopping is a method of e-commerce and of traditional shopping in which consumers shop in a social networking environment similar to MySpace. Using the wisdom of crowds, users communicate and aggregate information about products, prices, and deals. Many sites allow users to create custom shopping lists and share them with friends.[1]. Others concentrate on the user interactions consisting information and recommendations that are hard to acquire from the actual sales personnel. Some services even allow users to shop together synchronously to complete the social environment Social shopping sites can generate revenue not only from advertising and click throughs, but also by sharing information about their users with retailers.
Social shopping can also exist in the real-world even beside the obvious changing of consumer stories with people one knows. For example, when you walk into a dressing room, the mirror reflects your image, but you also see images of the apparel item and celebrities wearing it on an interactive display. A webcam also projects an image of the consumer wearing the item on the website for everyone to see. This creates an interaction between the consumers inside the store and their social network outside the store. The technology behind this system uses RFID[2].
Examples of social shopping sites include Yelp and Kaboodle. Examples of social shopping applications inside of Facebook include StyleFeeder. Business aspects of social shopping are still to be proven, although several companies have managed to publish their services and gather masses of users.
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