New Social Media Trend: Social Gifting

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Social gifting is on the rise. What is social gifting you ask? Well, it’s simple. People share their wish list of gifts on social media so others can see what they want and pitch in money to purchase it. It’s a collaborative way to buy expensive gifts for other people.¬†And gifts sure are expensive. The average price for top selling gifts from 2000 to 2011 was $244! That’s a lot of money for just one gift.

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