Commentary
When Credit Card Companies Can’t Process Hyperlocal Risk
If you are working with merchants in any capacity and processing payments for them, then you can probably expect credit card processors to give you a hard time. They might accept your account and then shut you down, or charge you prohibitive fees and cap the amount you can process, stifling growth…
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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 Tools Local Retailers Can Use to Build Digital Storefronts
The majority of local retailers — including those with basic websites that are optimized for mobile — still aren’t offering customers tools to browse listings and complete purchases with their smartphones. Here are five platforms that local businesses can use to quickly (and cheaply) set up digital storefronts where customers can purchase goods and services via mobile…
Street Fight Daily: Square CEO’s Gift, Groupon Expands Point-of-Sale
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology.… Square’s Dorsey Returns 10% of his Shares (Fortune)… For Groupon, The iPad is its New Passport to Global Markets (Washington Business Journal)… UrbanSpoon Hires New Top Exec, Hopes to Emerge from Restaurant Discovery Pack (PandoDaily)…
DemandForce CMO: There’s No Limit to Where We Will Want to Go
If Google’s acquisition of Waze was the biggest exit in local tech over the past few years, Intuit’s buy of Demandforce was arguably the most important. Since shelling out nearly half of a billion dollars for the retention marketing software provider, the company has quietly executed on a strategy to position itself an integrated solutions provider for small businesses…
Street Fight Daily: Foursquare Raises Another $35M, eBay’s Strategy for Offline Commerce
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology.…. Foursquare Raises a $35 Million Round and Adds DFJ’s Schuler to the Board (AllThingsD)… EBay’s Strategy for Taking On Amazon (New York Times)… Nextdoor Talks Growth, Now Being Used In One In Six Neighborhoods In The US (TechCrunch)…
Why Small Local Sites *Must* Have Multiple Revenue Streams
“If there is a ‘model’ for community news, it’s finding the right mix of diverse revenue streams that are best suited to the particular conditions of a news organization’s local market and journalistic mission,” says Jake Batsell of NewsBiz. “But that diversity of revenue is critical, because news outlets depending on a single stream of income are leaving themselves vulnerable…”
Case Study: Caribou Coffee Amps Up Holiday Sales With Mobile Gift Cards
In an effort to enhance Caribou Coffee’s mobile marketing capabilities, and spur a boost in gift card sales during the important holiday shopping season, vice president of marketing Michele Vig launched an eGift card initiative in early November. Now, customers who purchase eGift cards online can send their gifts to friends via email. Recipients can then redeem their gifts by showing their smartphones to a cashier or printing the gift card at home and handing over a paper printout…
Street Fight Daily: Moovit Raises $28M, Local’s Next IPO
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology.… Moovit Raises A $28M Sequoia-led Funding Round For Its Public Transit Service (PandoDaily)… Local Heroes: The Public Companies of Tomorrow (AllThingsD)… Hey Uber, Lyft Is Growing Faster Than You (TechCrunch)…
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