Originally published in Fast Company
Location-based social networks are the current darling of social media. They are getting a lot of media attention and a lot of businesses, large and small, are experimenting with incorporating these services into their marketing mix.
The most popular location-based applications are: Foursquare (4.5 million users), Gowalla (350,000), Loopt (4 million), Google Latitude (3 million), MyTown (2 million), BrightKite (2 million). The list goes on. Recently Facebook joined in with Facebook Places.
These services are being used in a variety of ways to market to consumers. The most popular are: coupons/discount offers; raffles; specials for the users who check in most often; first checkin specials; location tips; etc.
So this begs a question: are location-based services (LBS) the next big thing? Continue Reading »
Tags: checkin, geo-location, lbs, location-based services, mainstream, social media