Thursday, June 17, 2010

Mayors of Sports Authority Get $10 Cash Cards on Foursquare

From Mashable:

Hey sports aficionados, how does saving $10 at Sports Authority stores nationwide sound? Probably a little too good to be true, but for mayors of the sporting goods retail chain on Foursquare, this discount is a reality.

On Monday, Sports Authority kicked off its Foursquare mayor special. The promotion rewards mayors at its 463 retail venues with $10 Cash Cards. Cash Cards work similar to cash, so you can use them instantly at the time of purchase, though you won’t get cash back if your purchase is under $10.

The retailer’s deal one-ups the nationwide Starbucks promotion in terms of dollar value, and should prove to be a welcome reward for those with a predilection to shop for sports-related items.

In the bigger scheme of things, Sports Authority’s mayor special serves to reaffirm the potential value of big brands providing customers with digital discounts for real-world behavior via the location-sharing application. With Starbucks, Domino’s UK and Sports Authority all on board, the notion of U.S.-wide Foursquare deals appears to be catching on.

We hear from Foursquare’s Tristan Walker that there’s more big brand deals to come; California Pizza Kitchen, for instance, recently started offering its own special at 65 southern California locations. Walker explains the emerging trend is a sales-driven experience that rewards both consumer and retailer. He says: “We’ve shown how the intensely competitive nature of mayorships can inspire changes in consumer behavior. When retailers layer monetary rewards as a signal to encourage this repeat behavior from mayors and track/measure ROI at the point of sale, things get really interesting.”


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