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Foursquare: Marketers Start to Jump Aboard the Next Social PhenomenonFoursquare – you’ve heard of it, probably even might be a member yourself. The quick-growing location-based social network is beginning to make reputable noise in the social space, and since August, traffic and user growth has soared for the new social noise maker.  According to co-founder Dennis Crowley, the platform is closing in on 500,000 individual users, with about 70% of the user base in the United States, and their international arm growing quickly – especially Tokyo, according to Crowley in an e-mail interview. These users are also checking in at an astonishing rate of 1.5 million check-ins a week. If you are not familiar with Foursquare, the concept is simple – you sign up for an account and then you began the process of checking-in wherever you go; the majority of check-ins that are being done are through GPS-enabled mobile devices.  This social city-guide and game rewards you then for doing interesting things. The motive is to encourage people to discover new places and challenge you to explore your neighborhood in new ways. The rewards attached to this are tied to pseudo ‘badges’ a user is given for unlocking new places, times you check-in, how often, ultimately working your way to become the “Mayor” or “Deputy” of that locale. In addition, the platform makes it very easy to connect your updates to your Twitter and Facebook profiles – seemingly synching your entire network with each update you post on Foursquare. Something that was not in place last year when Foursquare introduced themselves at the SXSW, but is working it’s way into a much more seamless process in 2010 and allows for a much higher engagement and viral distribution. The concept is quite ingenious and despite it’s evolving stature; it is beginning to make quite the name for itself. Just in the past month, it’s been reported that Foursquare inked several major media partnership deals, including Bravo TV, Zagat, Warner Bros., HBO, the History Channel, ExploreChicago, and more. These “branded” type of channels could be, if used and marketed properly, great engagement tools that focus around brand awareness, content sharing, and goes one step further and creates a physical presence with your brand using local stops where you instruct users to go. With the user taking part in the brand’s “game”, it allows the brand to create custom badges with Foursquare directly to keep user’s engaged and work toward further outreach goals. Zagat @ Foursquare Zagat’s official Foursquare page is calling the partnership “Foodie Love” and there is a custom badge to go along with taking part in the Zagat experience. The page offers people to follow Zagat and then take part and in various venues where Zagat wants users to check-in from, mainly a variety of restaurants throughout the country; check-in there, become a Zagat Foodie, and unlock the Zagat Foodie Badge. And through further engagement – Zagat is going to have a online video series on their website called “Meet the Mayor” where they will feature discussions with prominent Foursquare mayors.  Harvard @ Foursquare The prestigious Harvard University has also partnered with Foursquare to create a channel where they list locations, experiences and ideas for students and visitors to go and check-in – taking part in the Harvard community; soon unlocking a custom Harvard Foursquare badge. Whether that helps with the admission process…I’m going to say doubtful – but hell of an engagement tool!  New York Times @ Foursquare The NYT recently closed a deal with Foursquare and created a branded channel that is celebrating the 2010 Vancouver Olympics by sharing tips on what to see and where to go in Vancouver and Whistler. And if you check-in to two recommended venues you get to unlock the Olympics badge.  Conclusion There is no doubt that Foursquare is growing quickly, with the focus mainly on gaining users, not revenue at the moment, according to Crowley; with now nearly 500,000 users, this number is likely to grow fast! After the Bravo TV deal was inked last month, a number of major brands, as shown above, came knocking at the door to work with Foursqaure, no doubt helping them earn some revenue. And with the ability for locales to offer up free food, drinks, discounts, coupons just for those who might become the “mayor” or “deputy” of their venue; being on Foursquare could soon become like being on Twitter…maybe? In addition, Crowley did confirm that Foursquare is working on creating actual incentives for users who garner specific badges and points in their account - not just pseudo "Mayoral" titles. To that end, Foursquare is working on a set of services and tools, according to AdAge in early February, to begin offering paid services on a three tiers: one for small (local) businesses, one for retail chains, one for large marketers. Begin throwing these offers around, and soon Foursquare will move pass just the “engagement” level that these major brands are seeing above as far as click, follows and check-ins; and offer nailed-down analytics (impressions, clicks, friends, etc…) and deals could be sold against impressions such as web ads, clicks such as search ads, or even what Kunur Patel in AdAge said, “ a completely new model: cost per check-in.” Foursquare TV Commercial Update: A tweet today, February 24, from the Foursquare Twitter account said that there is a rumor that a Foursquare commercial could be running tonight on Bravo alongside the show Sheer Genius from 9 to 10 PM. The rumor quickly went to fact is going to be a 20 second spot that highlights Foursquare’s new partnership with Bravo TV. Watch the ad spot here (something I’m sure will garner a few more users…): Labels: Foursquare, online marketing, Social Media Marketing Social Media Privacy - Does it Really Exist?I know where you are, I know where you could be, I know pretty much everything about you. And I’m not even your friend – at least (REAL) friend. It’s no surprise that social networking allows me to know this about you. I can see what you just ate, because you tweeted it, what you just got for Christmas, because you put it on Facebook. And now I can even see where you are all the time, because you went ahead and checked-in on Foursquare, or you Google Buzz-ed a random thought, and oh yea, you forgot to shut off that geo-location feature that is set to be on automatically when you activate your Google Buzz account…doh! Sure, these publicly announced check-ins, random personal thoughts, and location-sharing networks might get you a cool new pseudo badge and allow you to  become the Mayor of your workplace or the supermarket next door, maybe even the Target down the street – but one key thought that revolves around all of this – I know what you are doing, I know where you are, I know pretty much everything about you.Social Networks & Privacy? Privacy seems to be the 800-pound gorilla in the room that everyone notices is a big problem, large enough to be spoken about daily, but we more or less undermine it and sweep it under the rug and think it will clean itself up later somehow – aka….someone else will deal with it… or even worse – maybe nobody cares? In the past, we’ve gone through the trials and tribulations of privacy wars on Facebook, and after that battle, their new policy now allows for more individual control and openness at the same time. That battle has slowed, and has now turned into the discussions around the new dangers of location-sharing networks such as Foursquare, Google Buzz, Loopt, even Yelp’s new check-in feature, maybe even clever Twitter or Facebook searches will yield some good results as to where you might be. As each of us get caught up in the novelty and bonuses associated with our behavior – what dangerous doors are we opening by taking part in this? This leads into a larger discussion around the privacy associated with social networks, but to be honest, if we are taking part in this phenomenon daily – do we care about privacy? Sure there are certain Facebook pictures you want to keep targeted to just a select group of friends, and on Twitter you want to grant permission to a select group of people to see your tweets; privacy exists – but what is privacy if we are taking part in social reality anyways? The 24/7 personal openness we display as social media users ties to our inherent behavior to play to our strengths. Social media has changed the way we live on and offline and has us living in much more “open” environments, compared to our parents and other Generation X’ers who lived in “closed” worlds and had “separate” behaviors. Social reality now combines all of that for us! All of this sharing allows people to play to their virtues, even more in a social media world. People find their triumphs in social media accomplishing and well deserved from a societal standpoint, as well as a boost in their own individual behavior (aka EGO). If I tweeted from the top of mountain and said “About to hang-glide from 4,000 feet in Peru, what a life!”, compared to “Watching ‘Charles in Charge’ reruns on Mondayz…”; clearly it’s cooler I am doing the first rather than latter, but social media, despite its privacy concerns, allows us to live that behavior and feel accomplished for letting the world know what WE are doing. Does it matter that it related to hang-gliding or watching mundane television – no… I am letting the world know because I feel that I need to, to maybe feel that accomplishment in society. I am not going to break this down from a psychological level, but I am sure there is some reality to this opinion in how people perceive themselves and why they take part – not caring about the privacy concerns we always feel so bullied with. In a recent study from the Future of Privacy Forum, 42% of Internet users are concerned that websites are collecting too much information about them, but then again with Facebook recently overtaking Yahoo! for the #2 top spot on the entire Internet - I don't know if that reflects privacy as much of a concern anymore?  And as we go forward into the future, there is no doubt that Privacy will become more of an issue, especially as more and more individuals begin to feel violated, whether in an emotional online attack or a physical attacks, such as when video podcaster Israel Hyman was robbed after we tweeted that he was out of town, and the fact that studies have already been done to show how social networks are being used as tools to further provoke attacks on a person – in the next two years, privacy and further security will certainly come to a boiling point, it will be interesting to see what happens at that point. What are your thoughts around privacy and social networking – does it really matter and is there anything we can do about it? Labels: Facebook, Foursquare, Google Buzz, privacy, security, Twitter Foursquare: The Next Evolution in Social Media? Location-sharing social networks have steadily been gaining traction in the social media world, and Foursquare is currently leading the way in overall popularity and name recognition due to its ease of use and slick integration. Mashable even wrote back in July that FourSquare could be the next Twitter.The premise is quite simple. Install the application on your mobile phone (applications are now available for iPhones, Blackberries, and Android Phones) or browse to their mobile site and “check in” whenever you visit a new venue. Not only do you receive points and badges for checking in and reaching certain milestones (as well as blast a message on Facebook and Twitter alerting your friends and followers as to your whereabouts), but if you visit a particular location often enough, you could be crowned as Mayor. Many bars, restaurants, and cafes have started to offer discounts and free offers to loyal patrons who prove their mayorship, including free appetizers or a drink on the house. This sort of friendly competition, while of course a lot of fun, can also be extremely beneficial for a business’s overall exposure. Foursquare could potentially se  rve as a source of valuable traffic data for your business, as it logs not only how many times customers have visited your venue, but also the frequency of their visits. In addition, customers can leave comments or suggestions when they check in, allowing business owners access to invaluable feedback in much the same way Yelp does.In the future, Foursquare intends on implementing a more detailed dashboard view for participating venues to make it easier to keep track of who’s visiting, how often, where they’re coming from, and where they’re going next. Foursquare and other similar location-sharing services might just be the next evolutionary step for social media, and could completely redefine social media marketing. Labels: Foursquare, Social Media, Social Media Marketing |
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