Aug
Facebook Ventures into Geo Location with Facebook Places
Facebook recently announced their newest addition, Facebook Places. Facebook Places is an application that allows users to tag their location or “check in” and create a trail of their locations throughout the day. This application will show users what their friends are doing and where they are. Facebook Places can be accessed from a cell phone and, as always, comments can be made on these location posts.
This new application will certainly be a hit with many Facebook users, but will also greatly benefit businesses. After claiming their locations, businesses can use Facebook Places as another form of word of mouth advertising. When Facebook users tag themselves at a particular business and even comment positively or negatively on that business, the opinions of other potential customers will be influenced. Businesses can even offer special deals to Facebook Places users as they do with users who become a fan of their company page. Companies that incorporate the Places application into their marketing plans will find themselves reaching their potential customers even better than before.
As always, some Facebook users are concerned about the effect that this new application will have on their privacy. However, this application requires users to tag themselves or “check in” at a particular location in order for the information to be revealed on Facebook. Users who do not want their information shared should check their privacy settings, but they can also choose not to participate in this new application.
But what effect will Facebook Places have on other location based sites like Foursquare? The Facebook network is much larger than the networks of location based services such as Foursquare, Yelp.com, Gowalla.com, and Whrrl.com, so some might think that these companies will be greatly threatened by the addition of Facebook Places. However, Facebook Places appears to be doing the opposite. Shortly after the announcement about Places, Foursquare experienced a huge peak in signups. Instead of crushing the smaller location based sites, Places appears to be attracting attention and getting people interested in location based applications of all sorts.
As Facebook continues to expand into other areas, smaller sites will have to keep on their toes in order to keep themselves unique and original, but they should not fear being squashed by the Facebook giant. The key for sites like Gowalla and Foursquare will be to differentiate themselves from Facebook Places. They will need to offer their users a different incentive for using their site in order to keep business thriving.
Will Facebook Places be something you utilize? Why or why not?







