Not that you have mastered social media, here comes social gaming. Christina Warren explains;
- Loopt Star is based entirely on Facebook Connect. Instead of having to build or import your social graph, Loopt Star simply uses Facebook. We think this is pretty brilliant because it lets users get started immediately. Users can then share their current location in real time with their Facebook friends and alert them about special Loopt Star offers via newsfeed.
- Brands can customize campaigns based on location, the number of visits, how many people are in a group, time of day or day of the week.
- Wi-Fi location technology is used to limit cheating.
- Users can view “Nearby Rewards” in the app and also get updates of rewards for places they have been before or that their friends share with them.
Loopt has already signed more than 20 sponsors and will launch with several large companies including The Gap, Universal Records, Burger King, Starbucks and Stanford University. New brands will be rolled out each week in the application.
In a recent editorial post about why location hasn’t gone mainstream, Leah Betancourt argued that its value to advertisers was questionable. Loopt Star isn’t designed to be its own social network; Facebook and Twitter and other services can do that better. Instead, it can be a location guide and a virtual loyalty card. The coupons and the simplicity offer the user value, while the ability to set parameters around offers and to better target existing users offers businesses and advertisers value.