Quick Facts  <ul><li>Has had 150% grown compared to Facebook’s 27% growth  </li></ul><ul><li>Created by Dennis Crowley and...
How to Use it… <ul><li>Can be used through any smart phone device. It can even be used through text messaging  </li></ul><...
Why people use it? <ul><li>Connect further with their friends </li></ul><ul><li>Can be connected with Facebook and/or Twit...
Who’s using it? <ul><li>Still a young audience </li></ul><ul><li>Older generations are catching on  </li></ul><ul><li>New ...
For advertisers…. <ul><li>Provides instant gratification for their customers </li></ul><ul><li>Creates an even closer and ...
Arising Problems  <ul><li>Privacy issues? </li></ul><ul><li>Very similar to Facebook security settings </li></ul><ul><li>L...
How others can benefit from Foursquare  <ul><ul><ul><li>Corporation: Advertise on their products that they are on Foursqua...
Conclusion  <ul><li>Foursquare is the new direction for social media and for advertisers </li></ul><ul><li>Creating a larg...
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Foursqaure

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Foursqaure

  1. 2. Quick Facts <ul><li>Has had 150% grown compared to Facebook’s 27% growth </li></ul><ul><li>Created by Dennis Crowley and Naveen Selvadurai in 2009 </li></ul><ul><li>Located in the historic Village Voice building in the East Village of NYC </li></ul><ul><li>Named technology pioneer by World Economic Forum in Sept. 2010 </li></ul>
  2. 3. How to Use it… <ul><li>Can be used through any smart phone device. It can even be used through text messaging </li></ul><ul><li>Users can “check in” to any location-including services, restaurants and other hot spots </li></ul><ul><li>Frequent users gain badges </li></ul><ul><li>The most frequent visitors of a location can become “mayor” of that certain establishment </li></ul>
  3. 4. Why people use it? <ul><li>Connect further with their friends </li></ul><ul><li>Can be connected with Facebook and/or Twitter accounts </li></ul><ul><li>Allows the user to show where they are located to their friends </li></ul><ul><li>Gain free coupons and other rewards </li></ul>
  4. 5. Who’s using it? <ul><li>Still a young audience </li></ul><ul><li>Older generations are catching on </li></ul><ul><li>New group of small business owners working from home or an online business are starting to spring up more. </li></ul>
  5. 6. For advertisers…. <ul><li>Provides instant gratification for their customers </li></ul><ul><li>Creates an even closer and intimate relationship between the consumer and the brand </li></ul>
  6. 7. Arising Problems <ul><li>Privacy issues? </li></ul><ul><li>Very similar to Facebook security settings </li></ul><ul><li>Location can be auto revealed on Twitter through someone elses status </li></ul>
  7. 8. How others can benefit from Foursquare <ul><ul><ul><li>Corporation: Advertise on their products that they are on Foursquare and how their customers could benefit </li></ul></ul></ul><ul><ul><ul><li>Educational Services: creates more of an awareness of events on campus </li></ul></ul></ul><ul><ul><ul><li>Non Profit- Help fundraise for events </li></ul></ul></ul><ul><ul><ul><ul><li>Give credit to those volunteers who are very involved in the organization </li></ul></ul></ul></ul>
  8. 9. Conclusion <ul><li>Foursquare is the new direction for social media and for advertisers </li></ul><ul><li>Creating a larger mobile advertising presence </li></ul><ul><li>Could potentially become a nightmare for consumers- advertisers could follow them constantly </li></ul><ul><li>Right now, a great benefit for both consumer and advertiser </li></ul>
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