While the race for ‘ownership’ of the LBS market (Location Based Services) rages on, and naysayers’ debate its viability, I am sold on the concept.
If you are not familiar, LBS are the latest craze in the ever growing social media marketing landscape. The general principle is that an end user uses their smart phone and its GPS abilities to ‘check in’ to their current location.
Like its social media older cousins Facebook and Twitter, there are many out there that think this is just a passing phenomena - a game if you will. Like Facebook and its now 400 million plus users, and Twitter and it’s large following I believe in the LBS strategy. Out of the pack has emerged two ‘major’ players in the field, FourSquare and Gowalla. Google, Facebook, Yahoo! and even Apple are also looking at entering the playing field but I believe they will have to make an acquisition to truly play.
Along with the hype of these types of services there is also a lot of criticism. Since I am a ‘fan’ and a user I might be a bit jaded but I think I can at least address the critics; here are the gripes I have heard, some legit, some just silly:
1. If you tell everyone where you are then you are leaving your house open to be robbed. I originally thought that this was a ‘non-issue’ I have to admit but after a conversation with people smarter than I over drinks I have amended my opinion. This is one that you DO have to pay attention to. Use common sense, if you are ‘checking in’ on vacation, turn off the setting that posts to Facebook and Twitter, so ONLY your friends on that LBS Tool of your choice get it. Second, and this goes whether you use and LBS or not, CHECK YOUR PRIVACY SETTINGS IN FACEBOOK! Facebook has gone through a number of changes and many people have forgotten to go into their settings and make sure they have the level of privacy that they want. For me, I only want FRIENDS seeing information; others may have different standards and that’s cool, just make sure you are comfortable with yours. As for Twitter, you can ‘protect your tweets’ as well so only your followers can see them.
2. You can get stalked by a crazy ex and have to deal with all that. True, but is that really a concern? If it was, you wouldn’t be on FB, Twitter or LinkedIn. Can it be a problem? Sure. However, you don’t have to tell EVERYONE where you are. Your standard LBS lets you self select who the information goes to. Side note – crazy ex probably knows all your haunts and when you like to be there anyway…
3. Why would you want to be doing free marketing/advertising for a place or a brand? Are we seriously talking about this one in 2010? Look down at your feet people (go ahead, I’ll wait) --- is that a ‘swoosh’? Did NIKE pay you to wear their shoes or did you drop $100+? How about that laptop I carry around? You know the really sleek, chrome looking thing with the fruit in the middle very well lit? Let’s face it people, WE have become walking billboards! Take the silly Ed Hardy T-shirts (yes, I am just over 40 and don’t get it). You have people clamoring to be seen in an Ed Hardy, and what is besides some crazy print with the biggest part of it being his SIGNATURE!!! I’ll talk more about personal brands in another blog.So there are some of the negatives, which may be legitimate, but aren’t exactly deal breakers.
What are the positives you might ask?
1. It’s fun and it’s social. One of my favorite shows as a kid was CHEERS, the bar where everyone knows your name. Basically, with a tool like FourSquare you can become your own walking CHEERS. Check in at a friendly place and the bartender says, “Welcome, how about a beer Mr. Peterson”, OR how about you get to a place that is running an amazing special, you could take the time and call or your friends, or break your fingers and text them OR check in with an LBS, type in a comment, it automatically gets to everyone through whatever social tools you are using and who knows what can happen when everyone shows up. Simply put, in its most elemental form, it’s a way to extend the party.
2. As I have heard from Social Media Guru, Gary Vaynerchuck, “why would someone check in at a bar?” Give’em a free beer and watch them check in all day! What a cool way to earn stuff and allow a small business truly establish a win-win customer loyalty program. At one of the Whole Foods in Austin, TX you get a very valuable coupon on your 5th visit. What does this do? It drives loyalty, rewards it, makes it fun and even mysterious…what will I get on my 10th check in, etc…Not enough small businesses are using these tools to see a huge uptick here but I believe by this time next year it will be off the charts.
3. That last part of #2 is part of the biggest positive from a business application and it’s the direct corollary to the third criticism. I’m not sure when MARKETING became a four letter word but when it comes to LBS that is seems to be the #1 complaint and it goes something like this, “that stuff is just one big marketing ploy to get you to go somewhere or buy something”. My response is somewhere along the famous Socrates reply of “duh!” Isn’t that the whole reason for newspapers, magazines, TV shows, etc…sure they have their entertainment and news value BUT no one is shocked to know that advertisers are paying to place their content in front of your eyeballs to get you to buy stuff! Not sure why the uproar when it comes to LBS, it seems to me like a natural fit.
4. Last but not least and this is by far where I see the big win for LBS and that is creating partnerships to pull off some really cool stuff. I was discussing the value of FourSquare with an Executive at one of the major record labels. She is responsible for new acts and we were discussing the value of LBS for her and she said; give me one way it works in my world. So I said, do you have an all girl band you want to promote? The answer was yes. How about an in store ‘tour’ across America teamed with an outlet like Express? You have all the traditional ways to support it but now add an LBS layer for very little cost. It is also a completed integrated approach across all the social media tools; from Facebook, to Twitter, blogs, Flickr and a full activation using LBS. Her eyes lit up and she said, write it up and let’s take a look at it. That’s just the tip of the iceberg.So, mock it if you want. Five years ago you never thought you’d be on Facebook.
If you can remember back to 1991, if someone asked if you wanted to be accessible 24/7 via the phone, some new thing called email and a feature called text that in our old lexicon meant a book at school you would have said, “no freaking way”…and how many of you don’t have a cell phone today?
If you are not familiar, LBS are the latest craze in the ever growing social media marketing landscape. The general principle is that an end user uses their smart phone and its GPS abilities to ‘check in’ to their current location.
Like its social media older cousins Facebook and Twitter, there are many out there that think this is just a passing phenomena - a game if you will. Like Facebook and its now 400 million plus users, and Twitter and it’s large following I believe in the LBS strategy. Out of the pack has emerged two ‘major’ players in the field, FourSquare and Gowalla. Google, Facebook, Yahoo! and even Apple are also looking at entering the playing field but I believe they will have to make an acquisition to truly play.
Along with the hype of these types of services there is also a lot of criticism. Since I am a ‘fan’ and a user I might be a bit jaded but I think I can at least address the critics; here are the gripes I have heard, some legit, some just silly:
1. If you tell everyone where you are then you are leaving your house open to be robbed. I originally thought that this was a ‘non-issue’ I have to admit but after a conversation with people smarter than I over drinks I have amended my opinion. This is one that you DO have to pay attention to. Use common sense, if you are ‘checking in’ on vacation, turn off the setting that posts to Facebook and Twitter, so ONLY your friends on that LBS Tool of your choice get it. Second, and this goes whether you use and LBS or not, CHECK YOUR PRIVACY SETTINGS IN FACEBOOK! Facebook has gone through a number of changes and many people have forgotten to go into their settings and make sure they have the level of privacy that they want. For me, I only want FRIENDS seeing information; others may have different standards and that’s cool, just make sure you are comfortable with yours. As for Twitter, you can ‘protect your tweets’ as well so only your followers can see them.
2. You can get stalked by a crazy ex and have to deal with all that. True, but is that really a concern? If it was, you wouldn’t be on FB, Twitter or LinkedIn. Can it be a problem? Sure. However, you don’t have to tell EVERYONE where you are. Your standard LBS lets you self select who the information goes to. Side note – crazy ex probably knows all your haunts and when you like to be there anyway…
3. Why would you want to be doing free marketing/advertising for a place or a brand? Are we seriously talking about this one in 2010? Look down at your feet people (go ahead, I’ll wait) --- is that a ‘swoosh’? Did NIKE pay you to wear their shoes or did you drop $100+? How about that laptop I carry around? You know the really sleek, chrome looking thing with the fruit in the middle very well lit? Let’s face it people, WE have become walking billboards! Take the silly Ed Hardy T-shirts (yes, I am just over 40 and don’t get it). You have people clamoring to be seen in an Ed Hardy, and what is besides some crazy print with the biggest part of it being his SIGNATURE!!! I’ll talk more about personal brands in another blog.So there are some of the negatives, which may be legitimate, but aren’t exactly deal breakers.
What are the positives you might ask?
1. It’s fun and it’s social. One of my favorite shows as a kid was CHEERS, the bar where everyone knows your name. Basically, with a tool like FourSquare you can become your own walking CHEERS. Check in at a friendly place and the bartender says, “Welcome, how about a beer Mr. Peterson”, OR how about you get to a place that is running an amazing special, you could take the time and call or your friends, or break your fingers and text them OR check in with an LBS, type in a comment, it automatically gets to everyone through whatever social tools you are using and who knows what can happen when everyone shows up. Simply put, in its most elemental form, it’s a way to extend the party.
2. As I have heard from Social Media Guru, Gary Vaynerchuck, “why would someone check in at a bar?” Give’em a free beer and watch them check in all day! What a cool way to earn stuff and allow a small business truly establish a win-win customer loyalty program. At one of the Whole Foods in Austin, TX you get a very valuable coupon on your 5th visit. What does this do? It drives loyalty, rewards it, makes it fun and even mysterious…what will I get on my 10th check in, etc…Not enough small businesses are using these tools to see a huge uptick here but I believe by this time next year it will be off the charts.
3. That last part of #2 is part of the biggest positive from a business application and it’s the direct corollary to the third criticism. I’m not sure when MARKETING became a four letter word but when it comes to LBS that is seems to be the #1 complaint and it goes something like this, “that stuff is just one big marketing ploy to get you to go somewhere or buy something”. My response is somewhere along the famous Socrates reply of “duh!” Isn’t that the whole reason for newspapers, magazines, TV shows, etc…sure they have their entertainment and news value BUT no one is shocked to know that advertisers are paying to place their content in front of your eyeballs to get you to buy stuff! Not sure why the uproar when it comes to LBS, it seems to me like a natural fit.
4. Last but not least and this is by far where I see the big win for LBS and that is creating partnerships to pull off some really cool stuff. I was discussing the value of FourSquare with an Executive at one of the major record labels. She is responsible for new acts and we were discussing the value of LBS for her and she said; give me one way it works in my world. So I said, do you have an all girl band you want to promote? The answer was yes. How about an in store ‘tour’ across America teamed with an outlet like Express? You have all the traditional ways to support it but now add an LBS layer for very little cost. It is also a completed integrated approach across all the social media tools; from Facebook, to Twitter, blogs, Flickr and a full activation using LBS. Her eyes lit up and she said, write it up and let’s take a look at it. That’s just the tip of the iceberg.So, mock it if you want. Five years ago you never thought you’d be on Facebook.
If you can remember back to 1991, if someone asked if you wanted to be accessible 24/7 via the phone, some new thing called email and a feature called text that in our old lexicon meant a book at school you would have said, “no freaking way”…and how many of you don’t have a cell phone today?
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