From BusinessWeek’s SmallBiz Magazine comes this quick take about an entrepreneur in Second Life:
Rhonda Lillie makes about $12,000 a year selling virtual shoes to virtual people in a virtual world…Lillie, 38, who lives in Oxnard, Calif., rents land in Second Life for about $8 a month. She sells her shoes for $4 to $10. Because the shoes are just images, Lillie has an unlimited supply.
Lillie, 38, currently does not have a day job. Says Lillie: “I wouldn’t have any idea how to run a real-life business.”
Yes, folks, this is the new face of business. Granted, she’s not setting the Fortune 100 track on fire. But others are. How are you planning to meet your customers who view Second Life and other online worlds as just an extension of their meatspace reality? Do you have any idea how to compete with, collaborate with or learn from her and others like her?
Know this: this is reality. It’s going on right now, it’s growing very quickly and “real world” money is flowing through the virtual world in big, splashy gouts that are only getting bigger and splashier. If you’re not at least aware of it and how it can affect your business for good or ill - and how your competitors may be using it to do an end run around your meatspace-only biz - you’re missing some vital data from your business plan.
business, business week, cyberspace, entrepreneur, meatspace, second life, small biz magazine, virtual world
Tags: Business, Internet Marketing, Society and Culture, Web 2.0 by Soni Pitts
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