Category#virtualGood

Information Technology Strategy: Class 4 – Facebook will own the universe!

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Last night we talked about the monster that is Facebook. Monster you ask? Y E S. Facebook could own the Internet or better yet; become the Internet. But more on that in a little. We started out by watching the Facebook in real life video. This video puts, what is now accepted as online behavior, in an interesting light. It’s also really funny. From there we talked about how Facebook fits...

Virtual goods on the mobile web

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Recently, there have been numerous stories about social networks, virtual worlds and gaming sites utilizing virtual goods as a way to monetize their offering. The game FarmVille is something many Facebook users are familiar with and the game allows you to “farm with your friends”. It’s currently the most popular game on Facebook with over 82 million users and members can use...