Here is good information about the commercial side of Second Life written by Darko Veljovic. Hey Darko, you have a great name (…is this guy an avatar???)

 Second Life: Online Virtual World – Place For Internet Marketers

Second Life is a 3D Virtual World where users (residents) can socialize, connect and create using voice and text chat. If you are an Internet Marketer you must visit this place.

Domain age is over 6 years. Google Page Rank is 8. According to Alexa.com this site has an traffic rank of 2,543 wich is in the 0.01% of all websites. Second Life has a population of more than 10,721,535. Residents include people from 18 to 85 and they are housewives, artists, musicians, programmers, lawyers, fireman, political activists, college students, business owners, among many others. Just create yor avatar and start exploring the world, so that you can find a perfect parcel of land to build your house or business. A Single basic account costs a $9.95 one-time fee. If you prefer premium accounts which are reguired for getting land, fee starts at $9.95 per mount and up.

Bruce Willis chatted with movie fans in second life to promote his upcoming Die Hard 4.0 release in a move that is being seen as good example of virtual world marketing.

Second Life is a virtual world developed by a company called Linden Labs. In second life you can create your own persona and travel through virtual islands. You can also buy virtual land, from Linden Labs; you can receive virtual gifts, listen to live music, attend meetings and events and conduct ecommerce using Linden dollars which have real world value. Anshe Chung a second life real estate investor and innovator has declared herself the first person to become a real world millionaire through transactions made in second life.

Many companies, like Reebok or IBM have their islands in second life for education, training, selling…

When you’ve built something, you can easily begin selling it to other residents, because you control the IP Rights (Intellectual Property Rights) of your creations. What if you want something but don’t quite have the time or skills to make it? Just do a quick search to find and buy what you want.

By: Darko Veljovic

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Darko Veljovic Internet Marketing – How to Promote Website, Service or Product

So there you have it.  Just don’t fall into the Second Life Absorption syndrome while you’re spending all that money!