Street Fight Daily: Google’s New Payment Project, Real Estate’s Digital Decline
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology…… Google Said To Be Testing A Point-of-sale System Called Plaso (GigaOm)… Borrell: Real Estate To Scale Back On Digital (NetNewCheck)… An Attribution Standard? IPG, Horizon, Digitas and Others Agree to Use One Firm (AdAge)…
Wooing Restuarants, Retail Software Startup LightSpeed Buys POSIOS
Point-of-sale startup Lightspeed said Wednesday it has purchased a belgian competitor, POSIOS, to help the firm enter the food service vertical and expand internationally. The deal underscores the potential for consolidation within a small business software segment that has seen an intense influx of capital and redrawing of product lines…
POS Startup Shows Cashiers Pictures of Customers Who Check-in
Revel Systems, a San Francisco-based company that makes point-of-sale software, will now notify businesses when someone has checked-in to their venue on Yelp or Foursquare. The feature offers a way to help businesses take a more proactive approach to engaging a vocal minority of users who actively share their opinions…
Consumers Are Using Cash Less — And That’s a Good Sign for Digital Marketers
A report by Javelin Research found that in-store cash sales in the U.S. dropped from $874 billion in 2012 to $788 million last year — a 10% decline. Over the next five years, the report projects that consumers will spend $100 billion less with cash, opting instead to pay using credit and debit cards as well as still-nascent mobile payment systems…
Shopkeep Raises $25M to Build a Better Cash Register for Indie Retail
The New York-based startup that builds point-of-sale software for mobile devices has raised $25 million in its third round of funding. The new capital thrusts the company to the forefront of a busy pack of upstarts looking to rethink the point-of-sale. It also sets the stage for a drawn-out fight between a handful of well-funded startups, the legacy point-of-sale providers who control much of the market, and a number of other tech giants looking in…
Street Fight Daily: Yodle Plans IPO, Uber Tests Courier Service
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… Online Advertising Company Yodle Planning IPO This Year (Wall Street Journal)… Uber Expands Into Courier Service With Manhattan-Only Pilot (Bloomberg Businessweek)… Facebook Wants to Turn 25 Million Small Businesses Into Advertisers (AdAge)…
5 Tools to Collect Customer Data Using Checkout Technology
Ecommerce retailers have always had a leg up on brick-and-mortar businesses when it comes to collecting data about their customers’ shopping behaviors and buying habits, but now a group of hyperlocal vendors is providing offline merchants with similar sets of tools. These vendors are using data from a merchant’s POS system to build detailed customer profiles, even in an offline environment…
Street Fight Daily: RadioShack Shutters Stores, A Rollup in Food Delivery
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… RadioShack Plans to Close Up to 1,100 Stores (Wall Street Journal)… With Eye On Growth, Just Eat Buys Meal2Go To Offer EPOS Tech To Its Takeaway Partners (TechCrunch)… NCR Updates Its iPad Cash Register With Loyalty Features (GigaOm)…
When Will Big Retail Rethink Point-of-Sale? Sooner Than You Think
Revel Systems wants to bring the tablet-based point-of-sale model upstream and disrupt the entrenched cadre of existing business software providers, which generated billions in revenue last year. Revel’s founder Lisa Falzone, a Stanford grad and one-time hedge funder, spun the company out of an online ordering app in 2010. Since then, Falzone and her team have raised over $14 million in venture funding, and have activated over 5,000 accounts…
5 Mobile Payment Platforms With Integrated Marketing Solutions
When a cashier swipes a customer’s credit card at a mobile point of sale terminal, he’s doing more than just processing a financial transaction. He’s transmitting data about who that customer is, what he’s buying, and when he’s buying it. Although this data has traditionally been closely guarded by legacy POS vendors, an increasing number of providers are opening up their doors and giving merchants a peek inside—using the data they gather through customer transactions to fuel integrated marketing programs for merchants…
Street Fight Daily: Foursquare’s Real-Time Recs, First Data (Re)Launches POS
A roundup of today’s big stories in hyperlocal content, commerce, and technology… With Real-Time Recommendations, Foursquare Checks Into Google And Apple’s Turf (ReadWrite)… First Data Quietly Buys Payments Startup Clover; Launches Point Of Sale Platform For Merchants (TechCrunch)… Google Now Cards Invade The New Google Maps (SearchEngineLand)…
Leaf CEO: For POS Startups, It’s a ‘Race Against Time’
“Anyone selling software to SMBs would love it if distribution was through ecommerce or retail,” says Aron Schwarzkopf. “The problem with the industry however, is that SMBs have never reacted well to that. Remote distribution never worked. … But I do believe that five years from now the POS could be the gateway to the SMB. And that the way you will get to the small business may be through applications that work through the POS.”
Street Fight Daily: Saving Online For Offline, Tablet Owners Stay Put
A roundup of today’s big stories in hyperlocal content, commerce, and technology… A Big Challenge For Retail: Turning Online “Saves” Into Offline Purchases (GigaOm)… Why Bother With Wireless? Tablet Owners Stay Tethered (AllThingsD)… Unlocking The Secret To Yelp’s Global Expansion With A Stop In Istanbul (Forbes)…
Case Study: Switching to a Cloud-Based POS For Increased Reliability, Lower Costs
As a seasoned restaurateur, Steven Cook already knew that traditional hardware-based point-of-sale systems could be overly expensive and unreliable when he opened Federal Donuts — a shop that sells cake donuts and Korean style fried chicken — in late 2011. What he didn’t know at the time, however, was that there were alternative options for quick-service restaurants…
Street Fight Daily: Square Unveils New Hardware, PayPal Offers Cash for Registers
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Square Unveils Hardware for iPad Registers (New York Times)… PayPal’s Cash For Registers Tries To Outdo Square And Groupon With Its Own Bid To Rule The Register (TechCrunch)… Facebook, Waze at Odds Over Liquidation (Business Insider)…
For Apple Pay to Thrive, Small Businesses Must Adopt
For a mobile wallet to really impact consumer behavior, its acceptance has to be ubiquitous — not just in the Targets and Macy’s of this world, but in our local bodegas, mom-and-pop shops, independent coffee shops and food trucks. You might think these businesses are a less important slice of the pie than the big-box retailers, but you’d be wrong…