Steven Duque is a Wall St. Cheat Sheet Contributor from Living in the Future.
A Giant Enters the Landscape
Twitter announced on its blog that it’s rolling out an optional location identification feature across 65 different countries to help provide context to tweets.
According to the post,
“…you can tag Tweets with specific places, including all World Cup stadiums in South Africa, and create new Twitter Places. You can also click a Twitter Place within a Tweet to see recent Tweets from a particular location.”
A well-strategized foray into the geo-local hotbed, Twitter positioned itself as the unifying piece between the two most popular geo-local players: Foursquare and Gowalla. The move gives users access to standard Tweets and check-ins from Foursquare and Gowalla, if users click on a Twitter Place, many of which correlate to check-in points generated by these services.
Stripped of virtual goods and rewards (which, in recent times, have demonstrated tremendous economic potential in the West, after a long history of success in the East), Twitter Places could be the singular feature that renders these services irrelevant, as late-adopting geo-local media users shift toward a community with a markedly larger user base. Despite the laudable achievement that Foursquare accrued users at an initially faster rate than Twitter, the fact is that the competitive landscape is significantly different than it was for Twitter in 2006.
Some, like GigaOm’s Matthew Ingram, look at Twitter’s move as ensuring the longevity of Foursquare’s and Gowalla’s services. Integrated into Twitter’s offering, they will have a place for their own niche, given their gameplay lure that Twitter lacks. Perhaps.
My intuition, however, is that Twitter aims to relegate its would-be competitors to the world of interesting but subservient sub-brands. While I believe that virtual goods and its cousins have yet to reach a saturation point of unearthed demand in the West, I do believe that the space lies across a tech-loving threshold that many potential users are unwilling or don’t care to cross. I may be wrong, though. Hell, FarmVille is a pretty big deal.
The Different Faces of Geo-locality in Social Media
Geo-locality is undeniably one of the hottest sources of conversation in the social media world. But how, as a concept, it is best utilized and, for lack of better words, serves as an indispensable function remains as unsettled as the Wild West. That is, the question remains: why should we care about geo-locality?
To that end, I’ll assess potential uses and share some thoughts on different applications of geo-local functionality in social media.
The Linchpins of Geo-locality in Social Media
Whether these applications of geo-locality will succeed hinges on the general public’s sentiments toward a couple broad trends, I think.
How this all plays out remains to be seen, but I’d to hear your thoughts in the comments section on what the future looks like as we live it.
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