A trendy retail clothing chain, for example, can offer its fans a 5 percent discount if they provide reviews and feedback for a particular outlet in downtown Denver. Such promotions can be not only fruitful in terms of revenue, but also packed with real-time trend data that companies can use for similar initiatives in other markets.
Customer Reviews: Is Facebook the New Foursquare or Yelp?
A trendy retail clothing chain, for example, can offer its fans a 5 percent discount if they provide reviews and feedback for a particular outlet in downtown Denver. Such promotions can be not only fruitful in terms of revenue, but also packed with real-time trend data that companies can use for similar initiatives in other markets.