Social Media News of the Day: August 2, 2010

My Monday morning started out with a great surprise, the first Charleston-based Groupon! Five Loaves restaurant offered a $10 coupon for $5 and by 8 a.m. had already sold 48! A few of us here at Step Ahead purchased the coupon, did you?

Groupon had another big announcement yesterday with the release of Personalized Deals for those living in New York, San Francisco, Chicago, Los Angeles, Seattle and San Jose. Groupon will look at your previous purchases and try to tailor deals around what you like. If you complete your user profile, you have a better chance of actually receiving deals that you would be interested in, and Groupon has said that their system will become smarter and more personalized as time goes on.

Charlestonians, are you excited about Groupon coming? Did you think the first deal was worth it? And, would you enjoy a more targeted coupon in your inbox or do you like the original format?

Up and Coming Social Media Trends

We’ve been talking quite a bit recently about Foursquare and other location-based applications. This is obviously a trend that is making the way we tweet, purchase items and travel a totally new experience. Radian6 has listed four other social media topics that we need to keep an eye on. Anything missing?