Why You Should Consider Using Foursquare To Drive Foot Traffic To Your Business

I was eating in my favorite restaurant, Smash Burger and checked in at Foursquare.
Foursquare is an online service which enables people to “check in” or announce that they are at your business. What’s interesting is that many people are leveraging Foursquare and “checking in” but not enough businesses are rewarding this local foot traffic.
This location-based social networking application lets users “check in” to local venues and broadcast that information to their friends. You use the application on your smartphone, which relies on GPS to figure out where you are.
When I checked in at Smash Burger I thought maybe someone would run from the kitchen saying welcome or something 🙂
CMIT Solutions wrote a nice blog post about why businesses should leverage Foursqsuare.

The primary purpose of Foursquare is to make it easy for you to find all your friends in a local area – one of the reasons why it was such a big hit at the South by Southwest Interactive conference last March. A secondary purpose – and one that merchants and businesses are increasingly using to their benefit – is to use a system of incentives to encourage people to get out more. If you’re the most frequent visitor of a certain venue, you become the “Mayor,” which may entitle you to coupons or freebies of some sort. So, if you go to the coffee shop around the corner all the time anyway, by using Foursquare and checking into that shop you might qualify for a free coffee. Checking into venues can also qualify you for “badges”.
As a small business owner, you can use Foursquare to encourage more foot traffic. Just like you might announce special deals on Twitter or through your Web page, you might offer a special to Foursquare users.
The benefits of Foursquare are pretty obvious for retail, dining, and entertainment establishments. You can create specials or coupons and track their effectiveness. You can create incentives for new or repeat business. And your results are measurable without having to invest in a fancy CRM application. (For more information on setting up your business with a Foursquare account, go here: http://foursquare.com/businesses/)
Obviously, Foursquare might not be right for your business. If you’re a divorce lawyer, people might not want to broadcast that they’re visiting your office. If you’re a consultant, you probably don’t spend a lot of time in the office anyway – you’re too busy visiting clients. So, as with all Web technologies, your mileage may vary.