Check-ins allow stores to present you with custom-made offers

You, the customer, are actually starting to initiate the advertizing to yourself.

Amplify’d from techcrunch.com

Online check-ins, as a trend and use-case, have created a remarkably compelling opportunity for offline merchants to interact with consumers who are in the store before the sale happens. When you announce you’re at a store or restaurant by checking into Foursquare or Facebook Places, for example, your experience can be shaped and molded in compelling ways.

This is precisely why check-ins are incredibly powerful—they give the offline merchants an opportunity to shape your behavior before you buy or consume. Unfortunately, check-ins alone provide little value to merchants in the absence of contextual data about you. And checking into a place definitely does not equate to liking it. Imagine how many restaurants you visit, then consciously decide to never return to. Without a feedback loop this context will be used erroneously for future offers and recommendations.

Read more at techcrunch.com

 

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Seth Godin endorses The Mesh

Amplify’d from sethgodin.typepad.com

Gansky has written the most insightful book about new economy business models since The Long Tail, and if you’re not facile in understanding and working with the key concept behind this book, it’s going to cost you time and trouble.

In short, the Mesh outlines how sharing resources and information creates an entirely new class of commerce. When you travel to another city, you don’t buy a house. You stay in a hotel. A hotel, because it allows hundreds of people a year to share a single room, is a mesh business.

Read more at sethgodin.typepad.com

 

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