Foursquare Benefits for Business

A week ago today was officially Foursquare day. Feel free to head over there and check out all the fun ways they celebrated!

In honor of its one week anniversary, we thought we'd go a little bit in depth on this social media tool that has generated a lot of hype. Why use Foursquare if your a business? What benefits does it hold for you? Here are 4 great answers to those questions.

Consumers Love the Competition: Not only can those on Foursquare share new places and find new hangouts through checking in, but they can also earn points while doing it. They earn badges for being the first to check in somewhere or checking in somewhere the most often. Who doesn't like to gloat about being the mayor of somewhere right?

New Customers at no Cost: All you have to do is add your business to Foursquare and you've opened the door for a whole new group of consumers. While searching for a product or service, your business will then come up in their search and they are now aware of your offerings. Once they are aware you are out their that can then turn into them doing business with you.

Reward Your Customers: Those who check in often and help in supporting your business should be rewarded in some way to show appreciation. Offer coupons, special promotions or give them a shout out. Loyal customers deserve it and they will pay it forward!

Real Time Data: While users of Foursquare are checked in to a certain location they gain access to polls, questionnaires  quizzes, etc. This is a great tool for businesses to gain feedback from their customers.

Social media is all about creating awareness and building a loyal following all while having fun doing it! Foursquare is a great way to create all of that.