News and Analysis

Raise Report: Unacast, Attentive, Adikteev Score Fresh Funding

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Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech. This week’s edition includes funding for 8th Wall, Front, Asana, and Lumi.

Openings and New Hires at SOCi, Foursquare, BrandMuscle

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Every two weeks, Geoff Michener covers some of the latest openings and new hires in this dynamic industry. This week’s edition includes moves and new openings at Interbrand, Visto, and MediaCom.

SMB Index: Local Stocks See Modest Gains in January

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The SCP SMB Index started off 2018 with a modest gain of 2%, outpaced by other major indices. Square led the month’s gainers, up 35.3% in the month of January after dropping 11.6% in the previous month. LendingClub led the list of losers, down 11.4% during the month.

Commentary

Where Hyperlocal Meets Digital-Out-Of-Home

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The digital out-of-home advertising sector — all those networked screens you see on top of gas pump tops and in elevators, 7-11s, waiting rooms and the back seats of taxis — couldn’t be happier about the rise in popularity of location apps and daily deal coupons. Finally the hyperlocal targeting that is a part of what these networks of screens can do has some consumer-driven energy and contextual relevance behind it…

Local Deals’ Second Act: Dynamic, Mobile

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In the tech and media worlds, it’s no secret that local deals and mobile are exploding — both in terms of revenue growth as well as in the attention and investment being lavished upon them. Surprisingly, though, the two elements haven’t yet come together to the degree that they probably should…

An Engaged Audience Is Key to Hyperlocal Success

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The true value of a hyperlocal site is its audience, but eyeballs alone aren’t enough. To create a thriving hyperlocal site today, an editor needs to attract and hold the attention of an engaged readership. Even more importantly, to sustain a hyperlocal site with limited resources, that audience needs to play an active role in providing and responding to its content.

Latest Posts

RetailNext CEO: Brick-and-Mortar Retailers Are Not Under Threat

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Online retailers have traditionally had a big advantage in terms of data, but in-store retail analytics company RetailNext has built a model that allows owners of brick-and-mortar stores to collect, analyze, and visualize in-store customer engagement data. The San Jose-based company, which has raised over $24 million, aggregates the data that is collected from customers and makes it actionable for retailers such as American Apparel, Bloomingdales, Verizon Wireless, and Family Dollar…

Street Fight Daily: Patch Staffs Top Sites Only, BrandNetworks Acquires Optimal

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A roundup of today’s big stories in hyperlocal content, commerce, and technologyPatch Will Staff Outlets In Top-Performing Areas Only, Memo Says (Poynter)… Social Ad Companies Team Up As Brand Networks Acquires Optimal For $35M (TechCrunch)… In-Store Analytics Firm Nomi Raises $10 Million, Looks Beyond Retail (Mashable)…

7 Strategies For Measuring the ROI of Indoor Location Campaigns

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Discounts. Shopping cart and cubes with percentNational retailers and CPG brands are willing to spend big on indoor location campaigns, but only when the platforms they’re using are providing an excellent return on their investments. As the industry continues to expand, vendors are being forced to get smarter about the ways they demonstrate ROI and sales lift. The more precisely an indoor platform can demonstrate its value on a per campaign basis, the easier it is to justify its price to skeptical corporate clients. Here are seven strategies for measuring the ROI of an indoor location campaign…

Case Study: Natural Food Chain Sees Steady Growth In Mobile Coupon Redemptions

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One-in-five consumers has downloaded a supermarket app, and the majority of those consumers use their mobile apps at least twice a month. In an effort to get in on the trend, PCC Natural Markets, a health food co-op with nine locations in Washington, partnered with Chinook Book earlier this year on a mobile coupon app. “Print coupons are still very popular — we get a ton of them that come through our registers — but it’s inevitable that digital coupons will become more prominent,” says Tom Monahan, marketing manager at PCC.

Street Fight Daily: GoDaddy Continues Buying Spree, Walmart Expands Same-Day Delivery

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A roundup of today’s big stories in hyperlocal content, commerce, and technologyGoDaddy on an Acquisition Tear: Five Companies Since February (Screenwerk)… Walmart Expands Same-Day Grocery Delivery To Denver (TechCrunch)… Savings.com Launches Favado Mobile App, Aims To Solve Grocery Savings Once And For All (PandoDaily)…

The Government Shutdown and the Local Data Economy

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For the most part, local search appears to demonstrate with flying colors the benefits of getting things done in the private sector. Not only is it a self-sustaining and profitable industry; it exhibits a drive to innovate that brings ever-improving services to our desktops and handheld devices at a dizzying pace. Imagine if local directories and apps were run by the same bureaucracy that manages the Postal Service, the IRS, and the Census Bureau. We’d probably still be using phone books. Yet at a fundamental level, governmental authorities still act as objective reference points when it comes to information of interest to the public…

5 Mobile Payment Platforms With Integrated Marketing Solutions

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When a cashier swipes a customer’s credit card at a mobile point of sale terminal, he’s doing more than just processing a financial transaction. He’s transmitting data about who that customer is, what he’s buying, and when he’s buying it. Although this data has traditionally been closely guarded by legacy POS vendors, an increasing number of providers are opening up their doors and giving merchants a peek inside—using the data they gather through customer transactions to fuel integrated marketing programs for merchants…

The Local Conference You Don’t Want to Miss

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It’s that time of year again when the most exciting companies in local gather in New York City to hash through and celebrate the best ideas and strategies. Street Fight Summit is coming next Thursday and Friday to TriBeCa, and one of the themes we’re focusing on this year is partnerships. Partnerships are a key reason we have been bringing people together for the last few years, but never have they been such a high-profile, essential element of success as they have become over the past year…

Street Fight Daily: PayPal Teams With Revel, Drones Deliver Same-Day

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A roundup of today’s big stories in hyperlocal content, commerce, and technologyPayPal Expands “Real World” Presence Via Integration With iPad Point-of-Sale Maker Revel Systems (TechCrunch)… Zookal Starts “World First” Delivery-By-Drone Service In Sydney (PandoDaily)… Report: Google Smartwatch “Heavy Into” Google Now Functionality (GigaOm)…

Foursquare Introduces Ads For Small Businesses

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This morning the company rolled out its flagship small business advertising product, capping a two-year effort to solve the company’s toughest challenge yet: making money. With the new product, which the company has been piloting in New York since May, local businesses will be able to buy ads that surface in the search results pages or home screen of its popular mobile app…