Foursquare Turns Home Screen Into Ad Space

In a bid toward monetization, Foursquare has announced that it is now selling ad space on its home screen, Ad Age reported on November 21.

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    The geolocation-based social network announced that MasterCard would be embarking on an ad campaign set to end in late December.

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    This is the first time Foursquare has monetized its home screen. According to Ad Age, when users click on the ad, it takes them to a page showing restaurants in the area that take MasterCard as a form of payment.

    To learn more about Foursquare and its market potential, read our full case study on Foursquare and its possible monetization strategies

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