Banking & Financing News

Shopit's Shopit Store App to bring buyers and sellers together to the Worlds Largest Social Network

Los Angeles, CA (PRWEB) April 14, 2008 — Shopit, the leader of a new revolution in ecommerce, social commerce, today announced that it will launch the Shopit Store App on MySpace (http://www.myspace.com/shopitstore), the world's most popular social network. There are no listing, hosting, or transaction fees with the Shopit Store App. The App enables users to buy and sell right from their MySpace page. Empowered by MySpace's newly announced Developer Platform (http://developer.myspace.com), Shopit was able to easily build, test, and ultimately deploy the Shopit Store App.

The Shopit Store App brings MySpace users the ability to buy and sell right from within their profile page. The application connects users and finds other people with similar interests in items that users are selling and/or interested in buying. The Shopit Store App enables supply and price comparisons by connecting users with other people in a specific local area. Users can quickly add products and services as well as checkout and transact in multiple currencies via PayPal directly from the app. There are no listing, hosting or transaction fees and it's completely free to users.

Shopit enables users to conduct commerce right from their MySpace profile and can be found in the "Shopping" and "Jobs, Business, Money," apps directory on MySpace. The application can be added to a MySpace page by going to http://www.myspace.com/shopitstore.

MySpace first introduced their Developer Platform site on February 5, 2008 beginning a one-month application development period allowing companies including Shopit, time to build and test their applications in a secure environment before going live to the MySpace community.

On March 13, 2008, MySpace launched the public beta of the Application Gallery (http://apps.myspace.com), enabling broader testing of approved applications by allowing public installation. MySpace members can now discover and add new applications from a variety of categories, including the Shopit Store App, to both their home and profile pages.

"Bringing the Shopit Store App to MySpace users will provide a tremendous opportunity for web sellers and buyers to leverage their MySpace network of influence, while at the same time, harnessing the trade potential of millions of users accessed by Shopit's community agnostic platform," said Matt Hill, CEO, Shopit. "Shopit's free commerce engine, often coined 'Me-Commerce,' brings buyers and sellers together across multiple social networking communities, and is the fastest growing of its kind on the web. Our goal is to continue to develop the most advanced networking tools to enable ecommerce in social settings, utilizing our commerce intelligence system that matches users' goods and services for sale with millions of potential buyers, based on interests shared in our network."

As with all MySpace Developer Platform applications, the Shopit Store App will be able to safely access publically available profile information including a user's friend list, interests, photos & albums, video, as well as status & mood. The Shopit Store App will have real estate in five places within MySpace including:

• A MySpace application profile (users can "friend" the apps)
• Access to embed applications on the user homepage (inward facing–for you to see)
• Access to embed applications on profiles (outward facing widget–for friends to see)
• An application gallery listing
• A canvas page

"MySpace is committed to working with developers around the world to help build a more dynamic user experience," said Kyle Brinkman, vice president and general manager, MySpace Developer Platform. "We're thrilled by all of the exciting and innovative applications being built on the platform that enable our members to take control of their online presence in new and exciting ways."

For more information about the MySpace Developer Platform, please visit http://developer.myspace.com.

About Shopit
Shopit is a simple to use commerce platform that enables efficient sharing and publishing of products and information anywhere online. Products and Services can be directly linked, from Shopit to any site, including popular destination properties like MySpace, LiveJournal, Xanga, FaceBook, Bebo, Friendster, Blogger and many more. Shopit enables users within these networks to buy and sell goods and services. Shopit's Free Commerce platform provides 100 percent Identity Management/Security features, Shipping Management, and the Moderation of the products, services and content published by its users. Shopit's free service is compatible with most social networks, Blogs, and traditional ecommerce sites such as eBay, Craigslist, Yahoo Stores and Amazon. The service also supports communication with LinkedIn and Plaxo. For more information, go to http://www.shopit.com

About MySpace
MySpace, a unit of Fox Interactive Media Inc., is the premier lifestyle portal for connecting with friends, discovering popular culture, and making a positive impact on the world. By integrating web profiles, blogs, instant messaging, e-mail, music streaming, music videos, photo galleries, classified listings, events, groups, college communities, and member forums, MySpace has created a connected community. As the first ranked web domain in terms of page views (*), MySpace is the most widely-used and highly regarded site of its kind and is committed to providing the highest quality member experience. MySpace will continue to innovate with new features that allow its members to express their creativity and share their lives, both online and off. MySpace's international network includes localized community sites in the United States, France, Germany, Australia, Ireland, Spain, Italy, Mexico, Switzerland, Austria, Canada, Netherlands, New Zealand, Japan, Sweden, Latin America, Denmark, Norway, Finland, Brazil and the United Kingdom. Fox Interactive Media is a division of News Corp. (NYSE:NWS) (NYSE:NWS.A) (ASX:NWS) (ASX:NWSLV).

(*) Among the top 2000 domains comScore Media Metrix, December 2007. For more information on comScore Networks, please go to http://www.comscore.com.

Contacts:
Shopit
James Revell
(310) 987-7955
james @ shopit.com

Sparkpr for MySpace
Lauryn Nicasio
(415) 321-1896
Lnicasio @ sparkpr.com

Source: Business Markets

See Also

• Student Loan Servicing Web Site Responds to Recent Survey on College Loans
• Supply Chain Excellence Showcased at Logicon 2008 with Featured Participation From Wal-Mart SVP and Best Buy CIO
• Notable Solutions, Inc. (NSi) Names Richard Bosworth as its Chief Sales Officer

This entry was posted on Monday, April 14th, 2008 at 5:45 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.