News and Analysis
Upserve Uses Restaurant Transaction Data to Track Industry Trends
Upserve recently released its State of the Restaurant Industry Report, using data pulled from thousands of restaurants and millions of transactions through the United States. Performing a retroactive analysis, Upserve’s data science team looked at 2017 trends to see which predicted trends lived up to the hype, and which fell flat.
Commentary
How a ‘Geo-Contextual’ Ad Campaign Produces Results
Hyperlocal has become one of the most intriguing new ideas for retailers and national brands looking to reach specific markets. Some people ask what the difference is between “local” and “hyperlocal” from a media perspective. I think the difference is clear. Traditionally, “local” media has meant DMA or metro level content such as major metro newspaper Web sites. But they could cover a pretty vast geography. Conversely, “hyperlocal” means granular, community-based or zip-code-level content…
Healing What Ails Local
Local has always been regarded as the sleeping giant in digital advertising, with so much heavy lifting required and so few solutions available at scale. But, at long last, a solution may be at hand. Local publishers are now participating in centralized, single point-of-entry buying platforms that give national brands the tools and data needed to buy premium local audiences with national scale.
Choosing a Data Partner for Local: What to Ask
Jeff Wood is a guest author. To submit a guest post, go here.
With all of the talk about data in our industry, I’m surprised that so few of the people I talk to in the Local space have a true data strategy — one that gives them real control over their own data and, most importantly, access to this data for decision-making.
It’s the nature of Local that a publisher loses the scale of large network buys. However, you gain the value of a centralized audience. With granular data, a site focused on the hyperlocal market can quickly understand the value of small pockets of inventory, and make educated decisions around how to package and allocate that inventory for sale across appropriate channels.
It’s amazing how many people simply don’t know who owns the data collected on their sites.
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Latest Posts
CardFlight Raises $1.6 Million In Seed Round
After launching a private beta of services in May, New York-based CardFlight has raised a $1.6 million seed round to expand the company’s mobile payments platform led by venture capital firm, ff Venture Capital. CardFlight, which provides apps and tools for large and medium-sized merchants, allows developers to incorporate in-person card payments into their own app…
Aisle411 CEO: Retail Will Be the Biggest Opportunity for Indoor Location Tech
The St. Louis-based company works with large retailers and small mom-and-pop shops to use indoor navigation apps to enhance the shopping experience for consumers while allowing retailers to track a shopper’s behavior in-store. In addition to a consumer-facing app, the startup, which raised $6.3 million in September, develops white-label applications for retailers, enabling clients like Home Depot and Walgreen’s to integrate indoor navigation into their existing products…
As Digital Media Gets ‘Horizontal,’ It Acts More Like Local Businesses
Local businesses are the most suited to life in the networked world, because they already deal with people directly, and often on a first-name basis. To the extent that local businesses have learned to do this, they can teach the rest of the business world how to behave in our increasingly collaborative environment…
LBMA Podcast: DoubleDutch, WordLogic Reach, and Gap’s New ‘Three Screen’ Strategy
Welcome to episode #149. On the show: Millennial Media partners with Placed and Neustar and, boom, value is created. Meanwhile, Joingo Places launches (and we wish it would stay just above the stratosphere). Our mobile minute with Chuck Martin focuses on the future of retail search, and our special guest is Cree Lawson, founder and CEO of Arrivalist..
Why Sacramento Press Hit the Wall – And How It Hopes to Survive
“Simply put, we can’t depend on either grants or online advertising to support local news,” says Jared Goyette. “Reader revenue and big sponsors or donors should be part of the picture. I hope we can find a hybrid approach at Sac Press that allows us to keep our client base – we have more than 40 clients and a significant revenue stream – while also finding nonprofit relationships to support our community work. There is no one answer. If I find it, I’ll be sure to let everyone know.”
Street Fight Daily: Facebook Expands Wi-Fi Check-Ins, Angie’s List Cuts Prices
A roundup of today’s big stories in hyperlocal content, commerce, and technology… Why Facebook Is Giving Out Free Wi-Fi For Check-Ins (CNet)… Cheaper Advice: Angie’s List Cuts Prices (Wall Street Journal)… In Test Project, N.S.A. Tracked Cellphone Locations (New York Times)…
JiWire Rolls Out Attribution Product As Mobile Ad Market Zeroes In On ROI
The conversation in the mobile advertising industry has shifted focus in recent months, moving away from targeting toward attribution and measuring return on investment as brands begin to invest meaningful spend in mobile and in turn, expect results. Following a string of product releases from competitors, JiWire, a San Francisco-based mobile-local ad startup, rolled out a new attribution tool called Location Conversion Index this morning, which draws on a similar technique used by competitors to measure in-store visits but allows marketers to normalize those numbers against a wider sample…
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