Last month, we learned how Groupon is beneficial for businesses. Today, let’s take a look at some real life examples of how Groupon and Foursquare can be used to bring in new customers:
Cafe 50’s Uses Groupon
The concept of discounted dining is not new. Restaurant.com has been around for much longer than Groupon but it lacks a social and “cool” aspect of Groupon deals.
This weekend, I ate at Café 50’s for the first time after seeing a Groupon. This kitschy 50’s themed eatery has fairly good Yelp reviews and two locations in Los Angeles. After a yummy breakfast, the owner thanked us for coming and told us how much he loved Groupon because it was bringing him in so much business. How much exactly? He revealed that within 24 hours, nearly 4,000 people had purchased a Groupon! That number is pretty amazing to me for a local business. It’s also the kind of restaurant that is good for groups and families so I’m sure that they’ll be looking forward to more customers through word of mouth and online reviews.
Checking into Dodger Stadium with Foursquare
This weekend was full of new things as I checked into Dodger Stadium for the first time using Foursquare. I even earned a “swarm badge”, which means that I checked into a venue where 50+ others have also checked in. Foursquare badges and mayorships provide customers with a fun way to show their loyalty and encourage them to explore new venues. I also saw that fans checking in using Foursquare could also save 25% on their next visit! Groupons and Foursquare is great for restaurants, retailers and venues because they provide incentive. It’s a new way to invite people who wouldn’t normally visit your business.
Of course, there are downsides to Groupon and Foursquare if businesses believe that they could lose money (especially for service provides or small businesses who are not equipped to handle the volume). If your business is interested in Foursquare or Groupon, make sure to read the conditions carefully.
Matt Ramage is founder of Emarketed a web marketing agency located in Los Angeles. He loves coffee, good design, and helping businesses improve their look and getting found on the Internet.