Denver Social Media: Foursquare for Business – What, Why and How

By in Marketing Trends,

I’m sure by now you have heard of Foursquare, and know a lot of people using it.  If you’re anything like me, you have yet to get on Foursquare, and are unsure as to why you would want to in the first place….”Why do I want people following me around knowing where I am every second?”  Well, I’ll tell you why…

What is Foursquare
Foursquare is a service that allows you to “check-in” to different locations you visit, using your phone.  You can check into pretty much any location – bars, restaurants, parks, golf courses, museums, grocery stores, you name it.  You can also see where your friends have checked-in, and get tips from other users on what to do at those locations.

Foursquare for Business
While on the outside it may appear to be just a fun tool to log where you are, see where others are, earn points, win Mayorships and unlock badges for trying new places and visiting old places, but it can also be a very useful business tool.  On the business end, you can use Foursquare to actively engage your increasing group of mobile customers with Foursquare “Specials”.  These specials are prized and other discounts you are able to offer to your customers who are loyal and check in via Foursquare at your venue.  You will not only be able to reward frequent customers, you can also track the analytics on how your venue is performing over time, with their set of venue analytics (this is free.)

Foursquare Promotions
Foursquare provides an entirely free self-service tool set that allows you to create a variety of specials, manage these different specials, and then track how each of these specials perform.  Some of these customizable specials include:

How are your specials promoted?
There is a Specials platform right on the Foursquare app for the iPhone, Android, and Blackberry.  As well, Foursquare actively calls attention to those venues offering Specials.  For instance, if there is a user that has checked into your restaurant, Foursquare will alert them what to do in order to unlock a free/discounted drink.  In fact, the user doesn’t even need to check-in to be alerted.  If they happen to be just a few blocks away from your location, they will be alerted that your business is giving Specials at that moment, and that they should stop in to take advantage of the opportunity.

Getting Started
The first step to participating in Foursquare as a business owner is to get on Foursquare and claim your venue.  This is basically saying that a particular location is “your” location.  Once you claim your venue, you can check real time stats on your venue, including:

Location Logging Not Going Anywhere
While you may feel that Foursquare is a “here today gone tomorrow” trend, this is not the case.  This is evidenced by the fact that last week, Facebook launched its own location logging functionality, with Facebook Places.  Launched August 18th, Facebook Places allows users to share their location with their Facebook friends and followers, and find new hot spots by following the places that have been visited by the people in their network.  While Facebook Places has nowhere near the functionality of Foursquare, increased functionality is on the horizon.  It has not yet been confirmed how Facebook Places will eventually integrate with Facebook’s business pages, it is undoubtedly in the works.

What to Do Now
The fact that Facebook has now started Facebook Places is a sure sign that this is a trend that will be here for a while, and one that you should learn about, and eventually utilize for your business.
• If you’re business is not on Foursquare already, claim your venue now.
• If you have claimed your venue, utilize the service to draw users to your business in creative new ways.
• If you are doing this, start using Facebook Places now, and familiarize yourself with its capabilities, and be ready for ways to incorporate it into your business page.

The tough part is of course coming up with creative “specials” to use with Foursquare.  What are some creative specials you have come up with for your business?

FREE Consult with a Web Development Expert

For more than 24 years, we've worked with thousands (not an exaggeration!) of Denver-area and national business leaders to help them achieve their business goals. Are YOU ready to take your website and business to the next level? We're here to inspire you to thrive. Connect with Webolutions, Denver's leading web design and digital marketing agency, for your FREE consultation with a web development expert.

I'm Ready

About Mike Hanbery

A 26-year marketing industry veteran, Mike has assumed active leadership roles at Webolutions since 2010. Achievements include overseeing the digital marketing team and contributing to the marketing success of many of the more than 2,000 websites Webolutions has launched since 1994. Certifications include social media, inbound marketing and local search marketing. Mike’s mom thinks he is witty and insightful.

Pueblo is the only city in America with four living recipients of the Medal of Honor.