Monday, August 10, 2009

Social media a fertile ground for virtual-goods seller - Boston Business Journal:

It’s hard enough for online retailers to get consumers to spend money on real goods and services — but one Cambridge company is betting that sites will want to get into the business of selling virtual goods.

Venture-backed Virtual Goods Market Inc., which does business as Viximo, provides a white-label virtual goods store with gifts and personal accessories designed to complement online identities and messages. When Viximo launched in 2007, the company’s founders thought publishers of virtual worlds like Second Life and massively popular multiplayer online role-playing games would be among its core customers, said co-founder Brian Balfour...