While you may already shop for online fashion deals, you will be able to do this soon via Facebook. The social networking giant is planning to offer a free service that will allow retailers to broadcast deals to all Facebook users in a specific area. This service, called Facebook Deals will work with Facebook Places, which allows users to "check in" to locations with their smartphones. In this case, Facebook Deals will allow users to check in at their stores and receive special deals.

Major fashion retailers hope that Facebook Deals will get people off the streets and into their stores , as well as that people will share the location with friends. While the full impact of this new type of 'social commerce' is yet unknown, it is likely to be significant.