When Facebook Place was first introduced, we know it will not just end there. Indeed. During Facebook’s mobile press conference, Deals was announced, a needed feature that integrates perfectly with Places.
Deals is a feature that allows businesses to create deals on Facebook through a claimed Facebook Place. It’s similar to Foursquare’s Special but in a more organized fashion.
There are four types of deals that a business can offer – Individual, Loyalty, Friend, Charity:
And when someone checked-in and claimed a deal, the status update looks like this on Facebook:
Instead of offering badges to users, Facebook is quick to pull in businesses into its ‘mobile check-in’ plan. When businesses offer deals, check-ins become more valuable and meaningful. With benefits, it motivates users to use the feature more frequently. Businesses get more customers, users more benefits and Facebook more interactivity. It’s a beautiful picture.
We’re strong believers that businesses are the ones bringing in the real value for check-in users, not badges. Foursquare did make several business partnerships but I guess Facebook huge user base and popularity are too tough to match, even if we consider it as a late entrant in this domain. One thing for sure, Foursquare has to act fast before Facebook gobbles up the entire check-in market.
Perhaps Facebook has been watching this domain closely, learning from the mistakes made by its competitors and only enter when they’re sure about the market and plan. It’s the art of war at its best.
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