Shopit is a marriage of e-commerce and social networking

What Company Is Offering:
Shopit is designed to be a faster, easier and more cost effective selling and trading environment than any other available today. It is the world′s first and largest peer-to-peer social commerce network that enables users to buy, sell and trade anything, anywhere on the Internet.
How It Works:
Shopit is a marriage of e-commerce and social networking. This website is the only e-commerce exchange that allows users to build personalized Mini-Stores™, quickly upload items and list them for sale or trade. These Mini-Stores™ can be displayed millions of places on the Web, including social networks, blogs and e-mails.

Best of all, doing business on Shopit is absolutely FREE! You can buy, sell, trade, and list items without any fees. Shopit also allows users to promote products with photos and video on their own profiles.
Who Is Backing Them:
The Shopit team is a group of Internet users who decided that buyers and sellers needed better tools for Web commerce. The site is backed and managed by a team of Internet visionaries with expertise spanning e-commerce, social networking, advertising, online marketing and affiliate marketing. Together, they realized that the next evolution in e-commerce involves empowering every Internet user to be a merchant. You are able to browse for free without registering but in order to purchase or sell an item you must register.

More at:http://www.shopit.com/