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Street Fight Daily: DailyCandy Shut Down, An Omnichannel Rollup

The Editors

Street Fight Daily: DailyCandy Shut Down, An Omnichannel Rollup

A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technologyNBCUniversal-Owned DailyCandy and Television Without Pity Will Be Shut Down (Recode)… Nomi Acquires Media Armor To Add Online Marketing Data To Its Offline Marketing Tools (TechCrunch)… GoDaddy Partners With Dwolla On New E-Invoicing Option For Small Businesses (TechCrunch)…

For Groupon, Resurgence Is In The Numbers

Myriah Towner

For Groupon, Resurgence Is In The Numbers

Even as investors interest in daily deals company has waned, the game is not over for Groupon, and others in the deals space. After a calamitous 2012 , the company has bounced backed in 2013 thanks, in part, to a rise in the number of merchants offering longer-running, recurring campaigns instead of one-off deals, according to Jim Moran, co-founder at Yipit, who gave the afternoon keynote at Street Fight Summit in New York on Thursday…

Yipit Co-Founder: Hyperlocal Is Coming to Be Defined By ‘Marketplaces’

Noah Davis

Yipit Co-Founder: Hyperlocal Is Coming to Be Defined By ‘Marketplaces’

“I think what would surprise most people is that the ‘daily deal’ industry is actually stable and increasing,” Jim Moran told Street Fight. “By this point the vast majority of revenue is driven by repeat customers, both on the consumer and the merchant size. One time users have moved on over a year ago, and the market will now grow as offer quality and user experience continues to improve. … The only thing surprising to me about the daily deal industry is that we still haven’t been able to agree on a better name for it.”

Who’s Hiring: Hyperlocal Jobs at Factual, Yipit, Mashery and More

Patrick Duprey

Who’s Hiring: Hyperlocal Jobs at Factual, Yipit, Mashery and More

Street Fight’s new hyperlocal job listings board, powered by StartUpHire is Exhibit A in the hyperlocal hiring trend. Several companies have multiple listings in operations, sales and tech, including Mashery, Factual, Loopt, OneSpot, Yipit, JiWire, Half-Off Depot, Inc., and EveryScape. The most aggressive prospective employers are Mashery with nine openings; Factual, eight openings; and Loopt, eight openings. Following is a more detailed look at the notable hirers.

Yipit’s Vacanti: Flash Offers Will Drive Growth of Deals Industry

Steven Jacobs

Yipit’s Vacanti: Flash Offers Will Drive Growth of Deals Industry

During a keynote address at yesterday’s Daily Deal Summit in New York, Yipit CEO Vin Vacanti laid out a trajectory for the deals space, in which Gilt-like flash offers would drive much of the industry’s growth. “It’s not about daily deals anymore; what these companies have realized is that they’re building a user base that’s willing to consume from them,” said Vacanti.

#SFS11 VIDEO: Yipit’s Vacanti on Why Groupon’s Bubble Has Burst

David Hirschman

#SFS11 VIDEO: Yipit’s Vacanti on Why Groupon’s Bubble Has Burst

At last week’s Street Fight Summit in New York, Yipit co-founder Vinicius Vacanti said that it was clear that Groupon’s valuation bubble has burst, but the daily deals industry and the big players in it are alive and well. In this full-length video of his keynote, he describes some of the dynamics affecting the deals companies, and suggests where the industry may be headed…

Street Fight Daily: 10.27.11

David Hirschman

Street Fight Daily: 10.27.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

“Deals don’t mean dollars. That was a point of consensus at the inaugural Street Fight Summit,” writes Jeremy Caplan. “A key question threaded throughout the conference was how best to turn local consumers into reliable revenue streams. The most valuable insights for independent publishers in attendance centered around new opportunities for better serving local businesses.” (Poynter)…

When hyperlocal news sites can’t compete on CPMs, where else can they find revenue? The St. Louis Beacon, a nonprofit online publication for regional news, sought to tie revenue strategies to its mission, business manager Shawn McGinness said. (PaidContent)…

Will Data Define Deals 2.0?

Steven Jacobs

Will Data Define Deals 2.0?

Industry data has become a commodity in the young, explosive deals space, with aggregators like Yipit selling reports on industry trends. For the most part, the data is publicly available. Aggregators use bots to scrape hundreds of deals sites, indexing the thousands of deals distributed each day across vertical, geography, and, until recently, number of deals sold…

Street Fight Daily: 10.24.11

David Hirschman

Street Fight Daily: 10.24.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups…

Groupon Now! generated just $1 million of gross billings in September, despite being available in 25 markets — only $40k per market. In other words, the product that Groupon is telling investors to view as the future of the company, still represents less than 1% of Groupon’s total gross billings in North America. (Yipit Blog)…

Group buying sites in China are reaching 42 million customers according to figures released by The China Internet Network Information Center (CNNIC). The figure represents an increase of 125% on the previous the year’s business, with the country’s group buying industry now estimated to reach 8.7% of China’s Internet users. (The Next Web)…

Street Fight Daily: 10.10.11

David Hirschman

Street Fight Daily: 10.10.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

All of the major players in the daily deals industry experienced significant gross revenue growth in September. Total industry gross revenue jumped 12%, from an estimated $238 million in August to $267 million in September. The number of deals offered increased by 6%. (Yipit Blog)…

Reports of the death of Groupon’s IPO plans have apparently been greatly exaggerated. The online daily deals pioneer filed an updated version of its S-1 document with the Securities and Exchange Commission on Friday, as part of its preparation for a planned initial public offering of its stock. (GigaOm)…

Bing is Good for Daily Deals — And Deal Buyers

Alex Salkever

Bing is Good for Daily Deals — And Deal Buyers

A few weeks back Microsoft’s Bing! was the first search engine to roll out a daily deals search feature. The deals feed includes 200,000 offers perusable by geography and timing. It’s impressive. The Bing! Team has been aggressive about quickly putting in place customer-centric features like enhanced travel search and visual shopping search that address the way we live now with useful tools. This is the logical extension of the daily deal aggregation game, where the big fellas in the online search biz take the lead. And it both validates and improve my deal experience…

Street Fight Daily: 09.28.11

David Hirschman

Street Fight Daily: 09.28.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

New data from Yipit finds that in August each of the industry’s top five deals was from a different category – and all were from Groupon. The top-grossing deal last month was a travel deal from Groupon Getaways, a new category that Groupon entered less than six weeks before. (Yipit Blog)…

Groupon is about to roll out a new product called Groupon Rewards that tries to give merchants a way to increase customer loyalty. With a Groupon Reward, a business that offers a regular Groupon deal will be able to follow up with another reward that gets unlocked after the customer spends a certain amount of money. (TechCrunch)…

Street Fight Daily: 09.02.11

David Hirschman

Street Fight Daily: 09.02.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

While Yelp’s daily deal segment got off to a strong start, things have been getting worse ever since. So, what happened? Over the last 6 months, Yelp has been generating less and less revenue per deal as competition in the space heated up. (Yipit Blog)…

The Washington Post has decided to let the leases lapse on all but two of its local bureaus. Beginning next year, the Post has decided to end the leases on four offices in Virginia and three offices in Maryland. (Politico)…

Street Fight Daily: 08.26.11

David Hirschman

Street Fight Daily: 08.26.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Local business reviews site Angie’s List filed for an IPO yesterday. The company will raises as much as $75 million. Angie’s List offers consumers a way to review and rate doctors, contractors and service companies on the Web. (TechCrunch)…

Yipit’s data report revealed substantial shifts in the daily deal space occurring over the past month: Daily Deal industry revenue declined 7% in July in North America’s largest markets. Groupon’s revenue declined 4% while LivingSocial’s revenue declined 18%. (Yipit Blog)…

Street Fight Daily: 08.08.11

David Hirschman

Street Fight Daily: 08.08.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Groupon’s subscribers have more than doubled to 115 million so far this year, according to a person familiar with the situation. Groupon had 50.58 million subscribers at the end of 2010. That jumped 64 percent to 83.1 million at the end of the first quarter. Since then, the number of subscribers has climbed to 115 million, the person said. (Reuters)…

While it may be curious that advertisers, investors, and Foursquare’s ever-growing horde of users continue to maintain faith in the company’s fortunes, this allegiance has almost entirely to do with the enchantments of a single person: founder Dennis Crowley. (Ad Age)…