Tuesday, January 19, 2010

Blippy goes live

Blippy, the social media service that broadcasts your card purchases, has officially launched. It is less than a month ago that MACAW research wrote about Blippy being tested in beta by 5,000 users and shared our thoughts in the MACAW Card Bulletin. Now it's gone live.

While the key question Twitter answers is "What’s happening?" Blippy answers the question "What are your friends buying?" Users link a credit or debit card to a Blippy account, and when they make a transaction on the chosen card, the information is broadcasted in the form of a "blip."

Every "blip" uses the format "X spent Y dollars at Z", i.e. "Jon spent 20.99 dollars at Sport Club." For select merchants, such as iTunes and Amazon, a list of purchased items appears in the Blip as well. In other words, people can see other users’ purchases down to the product level – such as a song or book title.

People following a given user can comment on transactions. They can also see which other users purchased something at "place Z" and what other purchases user "X" has performed. Those who jump on the latest technology inventions, and especially those who already blog or micro blog about their purchases, could find Blippy appealing. Instead of manually typing an update on what they have bought, they can now automatically generate a message instead, thus saving time.

Blippy is controversial.
The average user probably has transactions they want to keep private. In an article from the New York Times, co-founder Philip Kaplan was cited, saying that most cardholders have two or more cards. Only one card is intended to be linked to Blippy. In other words, users would only make their transactions known on a select card - a public card.

It remains to be seen whether Blippy will be a success or failure. If it does fail, it would be somewhat ironic as co-founder Philip Kaplan himself once operated a website that ridiculed the many failed web concepts back in the dot com era.

For social media enthusiasts who blog about their everyday purchases, Blippy might be just the thing to speed up their micro blogging. Be careful if buying a gift, though, as someone will see what you are buying - and you could risk being hounded if the price is too low or the gift is bought at "the wrong shop." Then again, maybe you don't want to buy those people gifts in the first place...