What triggered us to make this entry was that Foursquare, the fastest growing location-based social media network, recently added its one millionth user. With only 100,000 users in January, the social network’s user base is currently growing 900 times faster than Facebook was when it’s use began to spread and grow virally. If you aren’t already using Foursquare, chances are you will want to try it when your friends and family start asking you about your ‘badges’, or your ‘mayorships’, both of which can be earned by being active on Foursquare.
For those who are not familiar with Foursquare, it is a location-based social network. What this means is that everything you share on the network is tied to your location at the time. Instead of updating a status message, you check-in at a location and if you want you can add a comment when you do. Like Facebook, on Foursquare you also have the ability to build a list of Friends. For your privacy, you are able to control what information your friends see and what information the general public sees.
Many people are slow to try using location-based networks because they are worried that they might be sharing too much information. The funny thing is that location is the only aspect of one’s life that people share more often on a location-based network when compared with any other type of social network. Only your friends can see where you have checked in. People often include where they are or where they are going in their other social network statuses. At the end of the day, if you feel that sharing your location might put you (or your empty home) in danger at any time…don’t check in!
How much information people share about themselves on a location-based network is actually less information than people share on a Facebook or Linkedin profile. On those profiles people often share where they work, live, go to church, photos of themselves and their families, and all kinds of other personal information. As a matter of fact, the database Facebook has compiled on consumers adds up to Facebook having more information on consumers than any other database that exists.
What people share on their profiles is just the tip of the iceberg. The amount of information people share by updating their status messages is sometimes shocking! Worried about being robbed because you checked in away from home on Foursquare? Do you think that having your religious beliefs on your Facebook profile could reveal that you might not be in town on Easter weekend? Do you think that changing your status to ’7 more days in Maui’ might create any home security risks? You see what we mean? Enough about security. We cannot change that social media is becoming more and more a part of how we communicate with each other every day. When using any social media network, just use a little common sense and proceed with caution.
So what’s the big fuss about location-based social networks? Although Foursquare was launched to the public a little over a year ago, significant adaptation of social-based networks is only happening right now and ramping up every day. So why isn’t everyone using these types of networks? Fear about it creating safety risks is one reason, which hopefully has already been addressed in this post. The other reason people and businesses are not adopting it yet is because they are unaware of all of the benefits of participating.
There are benefits you get from being a user of a location-based network that you just don’t get from Facebook or Twitter. For instance, imagine you are traveling on business and you get to an area that you are unfamiliar with. By looking at tips that other people have left in the surrounding area you will be able to find restaurants, coffee shops, or even the closest neighborhood park. Not only do location-based networks make it easier to find those places, you also learn what it would be a shame to miss. What a terrible thought to imagine you might have come within a block of eating ‘the best cheesesteak south of Philly’ or you sat at the wrong park bench in a park where sitting at the right one would have afforded you the most beautiful sunset you have ever seen. When you are on Foursquare you won’t miss opportunities to bump into your friends around town, and even around the world. The possibilities to network yourself using location-based networks is endless. If those benefits weren’t enough, when you frequent businesses or become ‘mayor’ of a business, you receive exclusive offers from those businesses. Ever think you should be recognized as a regular somewhere? With Foursquare, smart businesses of every size won’t miss out on opportunities to treat those who should be treated like regulars as such.
Speaking of businesses, the benefits that businesses will reap from location-based networks have only just begun. If you are a business owner just think of how valuable it would be to know more about your most loyal customers, when they frequent your business, and combine that with information on their buying habits. Not only that, but when businesses’ most loyal customers or people who aren’t regular customers use your business and share their opinions of your operation on a network like Foursquare, you gain valuable information that may reveal what they like or don’t like about you. Although that might seem a little scary, knowledge is power. If people don’t like something about your business, wouldn’t you like to know about it? If people love your business, isn’t it great that they will now have a vehicle to tell people about it while they are experiencing your products and services? Sometimes people even invite their friends to come join them immediately. Talk about instant gratification working in your favor!
Please contact us at BlueSpot Web Solutions if you’d like to discuss Foursquare and/or location-based social networks further.