That’s right coupons. As in the the piece of paper or code that saves you money each time you buy something. Whether it’s food, clothes, electronics, or any other type of thing you can buy (sorry you can’t buy back all the hours you spent on Facebook…chances are you would spend it on Facebook again anyway) Facebook has your fixin. But this goes beyond the traditional paper coupons you leave behind at the grocery store. What Facebook is propositioning to retail stores is a genius business move in the name of social commerce. 
Imagine this…you and a group of friends are going out to the movies. You let facebook know “Gonna watch Due Date @Vista Ridge Mall with Stacy Blah, Cody Blah-Blah, and Courtney Meh. Cant wait!”. You show up to the mall and check your news feed..BAM! Coupons up the whazoo! $10 off Express…15% off Bath and Body Works….”HOW IS THIS HAPPENING? ” you might ask? Quite simple my dear…you see, when you start with the base equation y=x+b,and plug in the certain variables like x=You and b=Facebook Location, you get y=COUPONS! Plus now that you brought your blah friends and tagged them…you get extra savings. Interesante….
While certain factors come into play, like ACTUALLY using Facebook Locatons, Tagging your friends, having internet connection, and IF there is even a store in that area that has made a deal with Facebook…the idea is to have a good amount of people use the Location service which will in turn help convince more companies to offer coupons, which would eventually make Facebook an unstoppable force…just saying.
At the end of the day, it is nice to have coupons available to you even if you are not using them. I can attest that the huge coupon book I have IS useful…even more useful than I thought when I first bought it. Although, I’m still hesitant about supporting the “Facebook Location” feature because of all the stalkers you could attract, I can see the positive side in this as well. Maybe it will set off a domino effect where you want to use the coupons, but are afraid to divulge your location, so you will begin to delete friends off facebook whom you do not completely trust or don’t know too well…or at all! Food for Thought
Good post this week, Erick. It is well-written for a blog audience (as in casual and personable, but clear and effective) and you do a good job of examining the different possibilities of the Facebook coupons feature.