Another layer of privacy removed or an innovative way to encourage new clients to explore your business? Proponents argue that this is a fantastic way to draw buzz to a business as well as reward loyalty. Conversely, some believe that is just another layer of personal privacy removed.
Four Square operates on the idea that people will go where there are other people- individuals will go to inspect what is going on where there is a crowd of some sort. Much like motorists stop to look at a car accident, people are curious and stop to see what the fuss is about.
By advertising that there are customers at their location they can start a conversation about what is going on there. Taking this a step further- business encourage customers to ‘check- in’ with them and publish it to their Twitter feeds and Facebook Walls. Four-Square also allows companies to offer incentives to ‘checking- in’ with them. They can offer special coupon codes or track check-ins and allow rewards for loyalty. In addition Four-Square will name a user ‘the mayor’ the mayor is the user who has checked in the most in the preceding 60 days- many businesses offer rewards for being deemed the ‘mayor’.

Corporate clients are able to analyze data about the clients who check in at their location. Four Square collects a large amount of user data and presents it in an easy to understand way. Four Square collects data on most recent visitors, frequent visitors, hour by hour break down of check ins, total number of unique check ins, as well as the amount of check ins that were broadcast to Twitter or Facebook. Companies can then leverage the individual’s networks to their benefit. Businesses are able to view these statistics in real-time which allows for prompt response to changing market needs. Data is presented in an easy to interpret graphs and charts which adds to its value. Measuring a campaigns success or impact is often difficult and this presentation increases the value tremendously to businesses.
Four Square also broadcasts specials to users nearby or already in your location to tell them of specials or deals to unlock. The ease of use adds to the value for individuals. Because Four Square understands the needs of individuals and business and works to meet each’s needs respectively it is becoming a formidable player in the Social Media Marketing world.