Local Quotables: Richard Jones, Ellis Hamburger, Bo Fishback and more..
The best words about and around the hyperlocal industry.
Wise words from the outgoing editor of the Saddleworth News; a first-time Foursquarer questions what it’s all about; Yipit’s Vin raises the Google-Groupon question; and Ben Ilfeld comments on the new indie hyperlocal trade association formed last weekend in Chicago. More:
Street Fight Daily: 10.07.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.
Groupon said in a regulatory filing that it plans to “significantly” reduce online marketing spending over time as such investments yield insufficient returns. (Bloomberg)
“AOL’s management may be committed to Patch for now, but the company can’t continue pouring money into an unprofitable entity forever, no matter how much Webster talks about a “long-term” investment,” writes Mathew Ingram. (GigaOm)…
Beyond the Banner: Using Twitter Posts as Ad Updates
The publisher of CarsonNow.org has created an advertising system that uses Twitter to supply quick updates to ads. It takes the advertiser’s latest tweet and pairs it with a logo image, and displays it like a banner ad. The logo supplies the branding power, while the text of the tweet carries the advertising message…
Street Fight Daily: 10.06.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
U.K. regional newspaper publisher Northcliffe Media wants publishers to pay to be part of its hyperlocal network. The group is beginning a “franchise” model, where “franchisees” must pay Northcliffe at least £6,995 ($10810.24) plus VAT to run their own local site. For that, they would get keys to the site, the “ability to sell advertising space” themselves, a “marketing pack” and “handbook” and a whole three days’ training. (Paid Content)…
“It’s not worth trying to be comprehensive” in hyperlocal, writes publisher Richard Jones. “Focus on doing what you’re able to do and do it well, rather than trying to take on the impossible.” (Richard Jones Journalism Blog)…
Street Fight Daily: 10.05.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Apple is launching a new location-sharing feature called Find My Friends, that will allow users to easily share their location with other users. The details are still coming in but users will be able to share their location with friends and find out where their friends and family are in real-time. (GigaOm)…
If enough people buy into Groupon’s IPO, it seems, they all may get a discount, writes Tom Johansmeyer. Of course, this isn’t the goal of the daily deal site, but it could be an unintended consequence. (Business Insider)…
At Chicago Summit, Local ‘Indies’ Get Down to Business
Last week’s Block by Block Community News Summit 2011 was a combination mirror and crystal ball where independent local publishers saw both what they have accomplished and what they need to do to ensure that what they created with their credit cards, sweat and tears would be around years from now…
Philly.com Launches Hyperlocal Site for Main Line
Philly.com, the digital face for the Philadelphia Inquirer and the Daily News, launched a small hyperlocal site yesterday. The site, Neighbors, will begin by providing news coverage exclusively for Philadelphia’s Main Line — the city’s oldest, and arguably most advertising-friendly, suburb…
Street Fight Daily: 10.04.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
In the top 30 US markets, no company that reports purchase counts outperformed Groupon in August. In fact, in only 5 markets is the second largest competitor even generating 50% of the gross revenue Groupon generates. (Yipit Blog)…
It was only about six months ago that investor excitement for a Groupon IPO was so high that its expected valuation was $25 billion. Now, institutional investors are wary. A fund manager suggests that Groupon might have to reduce its IPO valuation to between $3 billion and $5 billion in order to get it out the door. (TechCrunch)…
Hyperlocal Publishers Form a Trade Group
A group of 22 local online news organizations have announced that they are forming a trade association. The parameters and potential activity of the association remain largely undefined, but the group includes some of the better-known names in indie hyperlocal publishing, including The Batavian’s Howard Owens, Baristanet’s Debra Gallant, and Oakland Local’s Susan Mernit…
Street Fight Daily: 10.03.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Loopt has been allowed its first patent, and it could be a big one. In layman’s terms, the patent describes using your location to display relevant ads and offers on top of a map, as an interstitial, or as a text ad — another claim also discusses displaying where your friends are on the same map. (TechCrunch)…
A basic contradiction at the heart of the daily deals industry on the Internet has become apparent. Consumers have been told: You will never pay full price again. The merchants were hearing: You are going to get new customers who will stick around and pay full price. Disappointment was inevitable. (New York Times)…
What Bad News Means for the Future of Daily Deals
The fact that sending a mass email to lots of random people advertising a random business may damage said business’ reputation is not entirely surprising. But this news really speaks to group buying 1.0, not where the industry is going. And that future will be far more interesting with differentiated, personalized, time-specific and behavior inducing offers…