Commentary
Daily Deals 2.0: Card-Connected Offers
Banks now know more than practically anyone about consumer spending behaviors and they are rapidly entering the digital marketing and local commerce space. Many have rolled out programs that leverage technology to offer customers truly digital deals from merchants of all types via their existing credit or debit cards…
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Revenue a Key Focus for ‘The Brooklyn Game’ Founder
In his much-quoted report for the FCC, Steve Waldman said that while hyperlocal news sites “do not make much money, they do not need to, because they function more as civic organizations than businesses, relying on volunteer efforts rather than cash.” But Waldman recently told us that The Brooklyn Game, for all its considerable civic presence, is, preeminently, a revenue-driven business where there are no slam dunks…
Street Fight Daily: Square Explores IPO, Google Tests Real-World Tracking
A roundup of today’s big stories in hyperlocal content, commerce, and technology… Square Exploring 2014 IPO With Banks (Wall Street Journal)… Google Takes Its Tracking Into The Real World (Digiday)… The Cost Of Winning: Tim Armstrong, Patch, And The Struggle To Save AOL (Business Insider)…
What Local Publishers Can Learn From Starbucks
Publishers shouldn’t think about “what thing” they should do to make money, but rather “what experience am I delivering and how can I extend that experience thoughtfully?” If something adds value for readers, adds value for advertisers, and strengthens your other efforts then you should be doing it today…
Street Fight Daily: OpenTable Bets On Mobile, ReachLocal President Resigns
A roundup of today’s big stories in hyperlocal content, commerce, and technology… OpenTable Bets On Mobile App To Drive Revenue (Reuters)… More Exec Changes at ReachLocal (LocalOnliner)… Will ZIP-Level Targeting Help Twitter Gain New SMB Advertisers (Screenwerk)…
Winding Down Investment In Patch, AOL Writes Off Millions
AOL revenues fell sharply in the third quarter due to large writeoffs related to the continued challenges at the company’s hyperlocal news network Patch. During an earnings call Tuesday, the company said it took a $19 million charge due to recent restructuring costs at the hyperlocal media division as well as a $25 million charge related to non-cash asset impairment, or decrease in the valuation, of the project…
Groupon Defends Branded Keyword Practice
A spokesperson for Groupon yesterday defended the company’s practice of buying branded keywords to promote discounts run for clients, telling Street Fight that most clients wants as much reach as possible. Some in the local marketing industry have criticized the practice lately, arguing that the deals company may be cannibalizing merchants’ potential sales by promoting discounts to users who were already looking for the business while diverting customers away from the merchant’s existing site…
Constant Contact Rolls Out Digital Coupons for SMBs
Email marketing giant Constant Contact has rolled out a new coupon feature as part of its growing online marketing tools platform. The new service makes it possible for small businesses to offer discounts based on a given set of criteria such as increasing revenue and attracting long-term customers, within a single integrated resource…
How Online Review Sites Can Regain Consumers’ Trust
As long as there are economic incentives to create bogus reviews, unscrupulous people and businesses will continue to exploit the platforms that make it easy to deceive. For the local players seeking to help users in selecting a great business, use the offline world as a guide. Require an identity, build communities of real people sharing advice, and give legitimate customers a megaphone to honestly rate the service received…
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