Groupon Now! sets itself apart by offering daily deals on your phone that local merchants themselves can schedule. The familiar Groupon deals (ex: $10 coupon for $20 worth of food) will still be there but they wont be one-time offers as local merchants can choose when these deals can be available. The deals will be able to be bought directly within the mobile application, and the fact that they can be redeemed instantly by the merchant sets Groupon Now! apart.

This system is particularly effective especially for businesses because it gives merchants the ability to offer discounted deals on a slow day to attract customers. And customers there are, Groupon is one of the fastest growing companies in history and recently partnered with Foursquare.com where the deals now show up on its Explore tab.

The partnership between Groupon and Foursquare is only natural as customers will keep using Foursquare to find things to do and use Groupon Now! to do so at a discounted price. The app already has a large customer-base and will only grow moving forward as local businesses now have an easier way to reach out to their customers and prevent slow days.

The app simply shows two buttons for “I’m hungry” and “I’m bored.” Clicking either will offer time-specific daily deals for food or entertainment, based on the user’s location. Groupon Now! is already available in more than 25 cities in the U.S. and Groupon will keep its focus on their mobile strategy hoping that this system will set a new trend and grow like it should.

Are we all asking to get robbed?  That’s what the guys behind PleaseRobMe.com are telling us, with their new website dedicated to a Twitter reel showing anyone who recently left their homes and then notified the public via location-sharing networks, such as Foursquare, Buzzd, Gowalla, all of which have been profiled in this blog.  Really it’s about time someone highlighted the dangers of sites like Foursquare and Google Buzz; when you break it down, it really does seem ridiculous to tell the entire world when you leave your home and to publicly list your address.  The site itself is overall quite primitive—all their “inside scoop” comes from a simple Twitter search that anyone could perform on their own computer in about 0.4 seconds.

Okay, so maybe these guys are exaggerating a bit, making it sound like we might as well put out a welcome mat and greet burglars with a tray of freshly baked cookies.  But they do make a very good point about how oblivious most users are to the privacy risks that come with being so connected.  And now that they’ve done that, and in the process garnered a whole lot of buzz, they want to dedicate the website to a foundation for online privacy awareness.

What does it all mean?

One reading of this development is as follows: privacy concerns are taken far too lightly by members and participants of these social networks.  People share too much information too frequently and are compromising their safety.  Conversely, one could argue that the size of these networks has grown faster than imagined, creating a wealth of information that is now being sifted through and sorted out, allowing for a disciplined thief to digitally case someone’s place.  If members start to post less information they will be protecting themselves, but they’ll also be providing marketers less information to assemble a profile from.  In the meantime let’s not forget the major precautions one can take to protect their home and belongings…like locking the door.

Loopt leaves much to be desired

Such was the case with Loopt, the seasoned veteran in the battle for smart phone networking app supremacy.  Introduced in 2005, Loopt relies primarily (if not solely) on the attraction of keeping tabs on your friends’ coordinates at any given time.  Later generations of the application, along with similar competitors, have imported information from Yelp or CitySearch in order to present users with a list of dining or drinking options nearby as well.

Foursquare leads the competition

Other applications have introduced new weapons in response to the primitive GPS-based technology of Loopt.  Most prominently, Foursquare challenges its network to collect points at check-ins and earn badges and mayorships, complete with scoreboards and term limits.  Now available in over 100 metropolitan areas, Foursquare is the leader of the pack in location-based mobile networking, as the application synthesizes information from Yelp and enables friends to meet-up or share tips in absentia.  Furthermore, as the size of the network has grown, so too have the number of offers and coupons up for grabs.  Even some forward-thinking bars offer a free drink to the rightful Foursquare mayor of their location.  The rapid check-in and point scoring system does have its shortcomings as well: as successful as Foursquare is in New York City, don’t hold your breath waiting for its arrival in Branson, Missouri.

New challengers offer innovation to the location-based app

Behind Foursquare stand a few guerilla insurgents aiming to displace the reigning king of location-based networks.  Buzzd is aimed at twenty-somethings, as it seeks to provide its network with the bars and clubs that are trending or popular in real-time.  Gowalla brings a populist approach to the application, allowing for users to design tours through Central Park’s main attractions or Texas BBQ pits, thus encouraging more network members to compete for notoriety and respect, rather than points.

A battle between location-based networks lies ahead, but so too do new competitors and innovations to existing networks.  As this competitor only makes applications better, location-based social networks will continue to innovate and incorporate new strategy—representing the future, portable portal to consumers.

Not just for elementary school playgrounds anymore, Foursquare, a new online social network/gaming platform, is catching on like the common cold in a fifth grade classroom.  And this isn’t their first venture: just a few years ago, this same crew gave us the mobile social network Dodgeball, which was acquired by Google in 2005, and then later canned.  But unlike Dodgeball, FourSquare presents an expansion to the simple notion of broadcasting your location to your friends.  Foursquare tracks your “check-ins” at various locations like bars, restaurants, museums, retail outlets, and even street vendors, and awards you for such notable achievements as “Gym Rat” (for frequent visits to the gym), “Mayor of ___” (for frequent visits to a certain location), and “School Night” (for checking in late on a weeknight).  These achievements are then published on your personal profile and available for viewing for the whole Foursquare community.

Friends can use Foursquare as a means of finding each other when they’re out as well as compete with each other to get the most badges or Mayor statuses.  One can see how addictive the game could get; similar to Facebook, Twitter, and the likes, users can easily become preoccupied with the number of “check-ins” and forget the real reason they even go out.

The team has also partnered with Twitter as another broadcasting channel for their check-ins, a partnership which spurred some chatter about the similarities between the two social networks.  Mashable blogger Pete Cashmore commented on Robert Scoble’s observation: “Go back three years ago. Twitter was being used by the same crowd that is playing with Foursquare today.”

The application also allows for highly targeted marketing initiatives for participating locations, such as drink specials for the “Mayor” of a bar or reduced ticket prices for those who frequent a specific art gallery.  The novelty in this could quickly wear out, though, as many perceive to be the fate of Twitter’s marketing abilities.

With key competitors including Gowalla, Loopt, Brightkite and Google’s Latitude, Foursquare’s path to success won’t be smooth sailing.  But their unique offerings will surely give them a head start against the rest of the pack, and I’m sure we can expect many more great things added to the Foursquare platform in the near future.