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Social Media Platform:
Foursquare
Andrew Cantor
Overview
•   Description
•   Launch
•   Key Impacts
•   KPI’s
•   Personal Use
•   Businesses Using Platform
•   Advertising Opportunities
•   Cautions
Description of Foursquare
• Mobile App for Businesses to make profile

• Allows Consumer to
 ▫   Check In
 ▫   Rate/Review
 ▫   Claim Offers
 ▫   Provide Recommendations
Launch Date/Registered Users
• Launch Date: March 11, 2009

• Over 20 Million Users and 2 Billion Check Ins
 ▫ Not All Users are active
Key Impacts
• Foursquare heavily impacts where consumers
  take their money
 ▫ Reviews
 ▫ Offers/Promotions
Key Performance Indicators
• Customer Reviews

• Likes

• Check Ins

• Offers Claimed
Personal Use
• Save money

• Find best businesses

• Recommend to friends
Businesses Using the Platform
Advertising Opportunities
• People love discounts

• Help draw people in

• SEO

• Window Cling
Cautions
• Is it really ever safe to post your location on the
  internet?
Sources
• http://techcrunch.com/2012/03/02/foursquares-
  inflection-point-people-using-the-app-but-not-checking-
  in/
• www.foursquare.com
• http://www.readwriteweb.com/archives/foursquare_act
  ive_users.php
• https://foursquare.com/business/localupdates
• https://foursquare.com/business/merchants/specials

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