Got a press release in the mail today about a new social shopping widget platform called CybaSumo. It’s a strange sounding name (somehow also the reason why I instantly wanted to check out the website), thankfully the release also had info on what it means.
The Name CybaSumo is ‘Formed by
combining the Latin words cyba for “merchant” and sumo for “to buy,” ‘
CybaSumo, essentially is a widget platform for shopping. What makes it unique is the fact that merchants and individuals can use it to sell both digital as well as physical goods for 2.5% per sale.
Tomorrow, they will officially turn this website into a social-shopping platform by letting people buy and sell – in a widget that can be embedded into social networks of your choice.
If you are looking to log-in to the website to buy stuff, don’t expect much, the site only has about ten sellers at the moment, however, it’s great to see such platforms come up every now and then. As I have mentioned in quite a few earlier posts and comments, I think it is ideas like these that take web 2.0 to the web 2.1. The “contribution economy”, where all user-generated content is monetizable – for the users, where a website (or widget, or social-network) is simply a platform for users to not only create content on, but also make money from it.
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