Commentary
Why Leveraging Location Is the Key to Success in Mobile Advertising
Both smartphone and tablet users are searching for locally relevant content at an increasing rate, so much so that mobile user experience as a whole has been affected by the need for location-based information. Mobile networks have seen a massive increase in local search traffic this year, affecting mobile advertising in a big way. Yet the vast majority of mobile advertising doesn’t grasp what it means to be truly local.
Mobile Local Monetization Is Starting to Happen — For Real This Time
Facebook’s mobile Sponsored Story is already showing boosted performance over display ads. For many others, the mobile-first principle will come from location targeting, as its congruence with the use case similarly boosts performance and thus ad rates. For that and other reasons, I’ve forecast location-based ads to lead mobile ad revenues by 2016…
Getting Location Analytics Up to Speed for the Mobile Ad Revolution
The inability to apply value to the key differentiator of mobile (location) is part of the reason why mobile CPMs are still at 20% of desktop CPMs. It’s critical that media buyers push mobile inventory sources to provide location analytics that enable them to make buying decisions based on the unique features associated with mobile…
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Bitcoin Finding Growth, Stability at the Local Level
The infamous virtual currency is slowly gaining steam in the real world. Acceptance of Bitcoin at brick-and-mortar businesses has climbed steadily since the first exchange was established in early 2009, driven largely by merchants looking for a cheaper alternative to credit and debit card transactions…
5 Marketplaces for Buying, Selling and Sharing With Neighbors
Startups are looking for new ways to reinvigorate the function of traditional newspaper classified listings. Positioned as an alternative to Craigslist, hyperlocal marketplaces that facilitate the buying, selling, and sharing of goods between neighbors are filling an untapped niche and bringing together people in local communities…
Street Fight Daily: OpenTable Buys Ness, Chicago Cabbies Sue Uber
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology.… OpenTable Buys Ness, Tests Mobile Payments (TechCrunch)… Chicago Cabbies Sue Over Unregulated Uber, Lyft Services (Bloomberg)… For Yelp, an Expanding Push Into Politics (Hill)…
AOL’s Armstrong: ‘We’re Not Giving Up on Patch’
Aol’s tenure as Patch’s sole owner may be over, but Tim Armstrong, the company’s chief executive, is not giving up on the hyperlocal network just yet. During an interview on CNBC Thursday morning, Armstrong said that the company has retained a significant stake in Patch and called reports that the company “jettisoned” the struggling property to Hale Global incorrect…
One Model for Successful Hyperlocal News: Break the Rules
StuNewsLaguna has become a success in its sunset-renowned coastal community in Orange County, Calif., by ignoring and even violating some of the “best practices” of hyperlocal journalism, and paying no heed to the people-don’t-care-about-local-news critics. Shaena Stabler, the 28-year-old co-owner with founder and veteran Orange County journalist Stu Saffer, explains how she and Saffer are making StuNews succeed…
Street Fight Daily: Andreessen Bearish on Local News, Google Bets on Location-based Gaming
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology.… Marc Andreessen: The ‘Problem with Local News is Most People Don’t Care’ (Poynter)… Google: Location-based Gaming as Popular as Virtual Reality in 10 Years (Polygon)… Will Facebook Build a Stand-Alone Local Search App? (Screenwerk)…
In Yelp Earnings, No Sign of the ‘Mobile Gap’
Yelp posted stronger than expected earnings on Thursday, sending shares up nearly 10% in after hours trading — a fitting coda to a banner year for the firm on Wall Street. Shares of Yelp more than tripled in 2013, driven in part by rapid international expansion, a burgeoning local ad market in the U.S., and well-received strategic initiatives…
As Offline Purchase Data Comes Online, Changes in Store for Local Marketing
If exchange is the purpose of a marketplace, transaction data — information about who bought what from whom, and for how much — is its pulse. With 90% of transactions occurring offline, the growth of connected payments, and the subsequent ability for businesses and consumers to understand who’s buying what in the real-world, has deep implications not only for the local marketplace, but for the wider digital economy as well….
Street Fight Daily: Microsoft Invests in Foursquare, Target Turns to Chip and Pin
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology.… Foursquare Teams With Microsoft for Dollars and Data (Wall Street Journal)… Target Vows to Speed Anti-Fraud Technology (New York Times)… Satya Nadella: Our SMB ‘Ringer’ at Microsoft (Local Onliner)…
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