Great article in today's Business Insider about Facebook and Foursquare. There are concerns about Facebook's privacy issues and how that affects potential advertisers. We think that it's still too early to know what will happen.
Foursquare's mere 1.2 million users (versus 450 million FB users) are becoming increasingly attractive to big companies, such as Pepsi, and even publishers are starting to circle around the mobile app to tap its viral marketing potential.
While we don't know yet what plans Facebook has for location, marketers increasingly have more options on where and how to advertise on social media and how to adjust their strategy.
Right now Foursquare is the next best thing, and definitely very popular with its "checkin" feature. It will be an interesting year monitoring how this will evolve... Should Facebook just buy Foursquare?
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1 comment:
I think Facebook has yet to prove that they can be trusted with any geolocation data for the time being.
There would be a huge benefit in open-sourcing a lot of the parts of Facebook that people are having problems with right now. Whether Facebook will do that, though, remains to be seen.
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