Foursquare, originally a mobile check in app for getting brand discounts and perks for consumers, was founded back in 2009. Seven years later, the app has decoupled into two apps (Swarm and foursquare) and is still allowing similar functionality, but for brands, this app is a whole new treasure chest of opportunity. It is a data machine.
On April 12, Jeff Glueck, the CEO of Foursquare, published a post on Medium predicting that Chipotle’s first-quarter sales would be down nearly 30%. That was based on foot-traffic stats built from explicit check-ins and implicit visits from Foursquare and Swarm app users who enable background location.
Some call it alternative data. It’s not like the norm we’re used to in marketing statistics and data collection, in the past, but with our smart phones in our pockets, our smart watches on our wrists, and soon our smart earbuds in our ears, the data companies will have on where we are and what we’re doing will be unfathomable. Marketers rejoice.
Note – Currently this data is more accurate especially in cities versus suburbs/rural areas where it may have less usage.
You know what your target consumers are actually doing (before/during/after).
It’s based on their interests and what matters to them. You aren’t checking into something unless you have a purpose or interest behind it.
According to Fast Company – The company’s 35 million users have helped created a database of more than 50 million points of interest, from bars to restaurants to ice cream shops. While many companies have powerful location databases—Yelp, Yext, the Yellow Pages—Foursquare’s database is unique in that it’s inherently social: It was built on the 4 billion check-ins that users uploaded via the app.
It’s one thing to write a review, or state what you think on Facebook, it’s another thing to actually go somewhere and spend time there on a regular basis. Your habits and where you go, are a part of who you are as a person. Ask yourself, what did you do today? You’re likely to mention where you went, right? There you go. Foursquare has a timeline of where you went and in turn your target consumers. They know the % of consumers who are likely to go a nail salon after the gym or perhaps the grocery store. These trends and accurate points are helpful in knowing when they’ll visit your brand because it’s not just about being near the store/location, but when they actually step foot inside (which Foursquare can tell you).
You can create content and opportunities that really matter to your consumer and target them accordingly
Brands (along with their internal teams and agencies) can also work with Foursquare to determine the right content and approach for your specific audience based off the data collected. For example, your brand could consider targeted offers, or partnering with a retailer to provide a more exclusive opportunity. And with Foursquare’s offering pinpoint your brand can provide targeted content specifically based off of the data, where consumers actually go, utilizing their ecosystem of apps (including publishers/advertisers), audience segments (creating custom audiences based on the data and interests), and lastly working with partners (examples include but are not limited to AT&T, Samsung, and more).
Bonus:
And as a fun little scoop, most recently Foursquare determine who the audience was to visit comic con most and their related habits – as seen here.
Hello “search and discovery” and “alternative data” – the new Foursquare. The Foursquare that most brands are thirsty after.
According to Twitter’s blog – “last year, people on Twitter shared over 100 million GIFs…”- no big deal right? Perhaps that’s why Twitter has also allowed brands and consumers to discover, consume, and share GIFs even more easily through GIF search on Twitter. And if that’s not enough you can search more on tumblr. And even dating apps like Bumble allow you to respond via GIF. It’s a whole new world…
Have the GIFs taken over? Are emojis in trouble? Game of the “Animated Content” to show us who will take the Throne?
So what does that mean for brands?
Brands should consider how GIFs can play into their content strategy, especially within social media and blogs. GIFs are shareable content and allow consumers to relate and get a feeling or emotion a lot faster than reading through a bunch of text. Especially when consumers are going to pass through your content in seconds, through their newsfeed, a GIF can catch their attention. It may have actual stopping power if it’s engaging and creative enough (fun, funny, and relatable). And stopping power is a hard thing to do, especially when social media is so cluttered, through both paid content and organic. Both curated and original. Both visual and not. GIFs are a way to grab attention, and then your brand has to remember to take it from there, because a GIF can only do so much.
And if your brand is unsure, there are other visual animations that you can consider. For example, emojis are still at play. Some brands use them in subjects line in email marketing in order to get a consumer’s attention in their inbox. We all know the inbox is a mind field of clutter, and getting a consumer to get past the subject line and preview, to actually open the email is no small feat. Others use emojis in their social media text to represent a certain emotion or feeling, that can be relatable to consumers.
Remember, your brand has to evaluate and consider whether it’s worth curating existing GIFs (or emojis, etc) or creating your own. The key here again is relevance to the consumer. GIFs alone don’t mean anything, but within context and surrounded by key messaging related to the brand, they can provide an opportunity to engage with the user on a different level. For example, consumers enjoy content that allows them to share it with their own friends and audience. If your content can get to that level, then you’ve reached true engagement with your consumer. Because nowadays it’s not about the eyeballs you get on your GIF (and content), it’s about the action the consumer takes when they see it. Will they like it (ok, cool), will they share it (better), will they comment positively (also, cool), and/or will they start following your brand to get more content (even better).
Still unsure? Just look at the new Apple iOS for the iPhone. It allows consumers to share GIFs built into their keyboard. In addition, consumers have had the ability to add and use different emoji keyboards, as well as create their own Bitmoji to communicate with. There are some consumers who only communicate through imagery now (hello, Snapchat). This is a white space for brands to enter. Imagine your brand (example Top Shop) having created your own imagery (emojis, gifs) for consumers to have access to and use as part of their communication. It becomes organic use of branded content or related content. Your consumers are now sharing a piece of your brand, a story through their eyes. A whole new form of UGC.
Always do your research and only enter this universe, if GIFs/Emojis are relevant to your brand. It has to be authentic to work well. For example is the brand voice/tone humorous, entertaining and/or human. We hope so (at least with the third). If so, your brand can find GIFs that are able to be shared within the brand tone, without going against the grain of the brand. For example, an athletic brand could find humor in training, and/or provide a quick tip on how to do something. A financial brand, could find irony in finances, that allow consumers to relate. While a fashion brand could find something fun and entertaining to share. Something that consumers are like, wow that’s cool – I must share this now.
In the end, GIFs are here people. Embrace them at your own risk (i.e. at your own fun). And when you’ve had enough, they’ll be something new and shiny around the corner, of course.
Peach, a new social media platform by the founder of Vine, is being described as simple, GIF oriented, and a cross between Twitter, tumblr, and Slack according to the likes of Venturebeat and Mashable.
For consumers it’s a social network where they can say very little, and do more with actions through their phone.
Current conversations between users include GIFs, drawings, emoticons, emoticon actions, and more.
What’s the appeal of Peach?
Right now it’s new and shiny, and simple. You can express how you feel easily and visually. It’s another way to interact with your friends outside of text, but similar to it, so it’s close enough to normal behavior that’s it’s easy to adopt quickly.
Will it catch on like Snapchat did? Will it be a whole other beast? It’s hard to tell as it was just released but within a couple of months we’ll have a better idea.
The lessons so far are this…
When it comes to content, there are two trends with consumers:
- Quick, simple and visual – for those on the go, who want to consume what they want right away, share it if they like it, and move on. So for startups and fashion brands, this content is that of instagram, Pinterest, Periscope, and Snapchat. Allowing the consumer to get a quick story, an invite to an event, a view into a product line, or a quick peek at something coming up. And being able to like it, share it, and move on quickly is what they’re loving.
- Smart, insightful, and potentially more longer form – for those who want more information and want to learn more from their content. This is for when people have a little more time on their hands, such as a longer commute, an evening on their couch. For your brand this is great for blog posts, a youtube video, and launch content. This allows for a consumer to really dig into what the brand is about, a new campaign, a full look into a product line, or a recap of an event that they may have missed. And perhaps then signing up for the next one.
And now we wait to see what happens with Peach.
This post was originally written for Startup Fashion.
- the ability to block ads;
- search within spotlight for finding something within any app or doc on your device versus having to search multiple apps for what you want to
- View the trailer
- See movie times nearby
- Purchase tickets
- Share
- mobile savvy
- want instant consumption
- to meet and discover new people and experiences
Still have questions or not sure if your brand is the right fit? Ask us more in the comments below.
See this original full post on Socialnomics.