HD Video: iPhone App: Snaffle: Location based coupons in the London area

Snaffle, an iPhone application created by lastminute.com labs, is one of those ridiculously awesome programs that makes you slap your forehead and make you wonder why no one else has done this before. Load it up, it uses the iPhone’s GPS to find out where you are, and then it displays shops around you that have a special promotion running. Unlike previous attempts at location based coupons, where you get a text or a request to turn on your Bluetooth if you walk past a certain area, this application actually makes a lot of sense. It’s on when you’re in the mood to spend money, off when it isn’t. It would be nice to “subscribe” or favorite a shop and be alerted to future promotions, and it would be cool if it worked in other parts of the world, so here is hoping lastminute.com labs is already hard at work on the next version.

[Hat tip to @DanLane]