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Geolocation June 21, 2011 Sean Zinsmeister
A Brief Background…
Global Positioning System (GPS) First made available for consumers on May 1, 2000
Using multi-billion dollar satellites to find tupperware in the woods Geocaching
Car Navigator (GPSr) Relies on internal map, not connected to internet (until recently)
iPhones For the first time, you and your location can be connected to the internet, instead of relying on the unit’s internal maps Contextual and Social
Value of Location
Hyper-Local
Foursquare.com
App
Brand Touch Points
Business Model FREE Subscription Redemption
Problems?
Point of Sale (POS) VS
Geolocation June 21, 2011 Sean Zinsmeister

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Rentcycle geolocation

Editor's Notes

  1. Just to set the scene, let’s run through a quick background on Geolocation
  2. Satellites send signals to receivers on the ground, was first made available in 2000Each GPS receiver is a computer that receives signals broadcast from GPS satellites.
  3. Pinpoint a location using GPS technology
  4. The next stage of GPS evolution moves to the cars. GPS units use internal maps and are not connected to the internet until recently
  5. Today, you and your location are able to be connected via the internet, instead of being limited to a device’s internal map database
  6. So who cares? It’s neat, but is there any value? The above shows a good display of the types of problems Geolocation sets out to solve
  7. Q&A Social Network website that was launched so college kids could ask and answer questions. The main revenue stream for the website would be generated by businesses surrounding the universities…hence hyper local
  8. The guys soon realized that there wasn’t much of a revenue stream in a Social Network site. They were burning too much of their angel investor’s cash so they decided to switch gears. Mobile was on the rise, So they decided to take this hyper-local model to the iPhone. The brand focus would be restaurants.
  9. Brick and Mortar branding
  10. Mobile, Social, Search
  11. Here's what big sports news looks like on Facebook: When San Francisco Giants third-baseman Juan Uribe hit a home run in the fifth inning of last night's World Series game, there was an obvious, immediate reaction in Facebook status updates. But it fell off quickly, showing the short shelf-life of breaking news. The word "Uribe" had 15,915 mentions on Facebook last night, Facebook rep Brandee Barker tweets. Of those, 12,120, or 76%, were within 15 minutes following his home run