Business
Loopt u-Deals Lets You Create Your Own Deals for Local Businesses

Loopt has an interesting new spin on the hot deals space. The company has announced a product called U-Deals, which essentially gets the consumer (You, or “U” – get it?) to create the deal, including the discount, and then use…

SocialMediaNews
How Much is a Tweet or a Like Worth to You?

ChompOn has released some interesting findings (pdf) related to social media sharing and its value to e-commerce. Specifically, the firm sought out to answer the question: "What is the value of a social action in online commerce?" 

What they came up with is that a Facebook Share was worth $14, a Facebook "like" was worth $8, a tweet was worth $5, and a Twitter follow was worth $2.