Buy.com made a splash with their announcement of a new Facebook application called Garage Sale. acebook users can use the application to sell thing directly to others via their Facebook profile. Buy.com charges a flat 5% commission on completed sales (the seller will also have to pay Paypal or other payment fees. The application says “thanks to Garage Sale, Facebook users don’t have to leave their profile page to advertise and sell personal goods.”http://news.yahoo.com/s/nm/20070807/wr_nm/buycom_onlineshopping_dc
http://www.techcrunch.com/2007/08/07/leveraging-facebook-to-compete-with-ebay-wont-work/
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