Monday, 2 February 2009

The Social Million Dollar Idea in the Web

I'll talk about new internet phenomenon today - probably, next Million Dollar Idea in the Web, called "The Social Millionaire".

The overall idea of The Social Millionaire is very simple; the site is focused around a list of links where users can bid on keywords they would like to be associated with, and the highest bidder gets their keyword link displayed.

At a first glance, the site seems almost like a very common "link dump", but once you take a look at the finer details, you start to realize that this is much more original. It has a lot of great things going for it; first of all, the auction system for bidding on keywords really helps create a sense of competition. That's because some keywords are definitely eye catching and recognizable.

What's more important about this site though, and something that is really driving it's success, is the "Social" part of The Social Millionaire.

Well, I think it's very unusual idea and, probably, we can hear about in the future soon.

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