News and Analysis
Why Commercial Banks Are Turning to Proximity Technology
That location intelligence firms are able to use foot traffic patterns to predict the financial performance of businesses is nothing new. But a new report released shines a light on the ways commercial banks and investment companies are upping the ante by using location data to get the most out of the market.
How Thanksgiving Day Store Closures Impact Black Friday Sales
Shoppers say they don’t want retailers opening their doors on Thanksgiving Day, but research from Foursquare tells a different story. Analyzing proprietary foot traffic data at major retailers, Foursquare found that stores that open earlier on Thanksgiving Day drive more visits and steal share from their competitors.
Latest Posts
What Reviews Sites Need to Do to Prepare for Facebook’s Graph Search
It’s well known that reviews, ratings, and recommendations are a major factor in driving consumer decisions. Sourcing friends or people you know to provide advice holds even more weight when it comes to personalization and has an added benefit of trust. This is what makes the concept of Facebook’s new Graph Search so powerful…
Street Fight Daily: Facebook Readies SMB Push, Foursquare’s Nascent Asset
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… As Small Businesses Become Tech Savvy, They Could Earn Big Ad Revenue For Facebook (TechCrunch)… Why Foursquare’s Growth Story Is Better Than You Think (Forbes)… Andrew Mason on How to Deal: From Founder to Ex-Groupon CEO (Fast Company)…
Openings & New Hires at Yelp, Groupon, Local.com, Viddy and more
It is indeed hiring season! Who are the eager employers? Nokia, DexOne, Yelp, Hibu, CityGrid, Local.com and Street Fight among them (us). On the move this week include executives at Local Market Launch, Groupon, Acquisio and Viddy, where the son of Michael Ovitz has faced some controversy over his company’s distribution techniques. Plus, find out who’s looking to make the leap. Read on…
Report: Online Ad Revenue to Hit $24.3B in 2013
In looking at the categories of ad revenue, Borrell found that displays ads, which have taken a lot of heat in the industry for their supposed increasing irrelevance,, remain the dominant choice of businesses. But targeted display has moved ahead of run-of-site display, and targeted’s rate of growth is far higher…
LBMA PODCAST: David Lieb Ushers in the ‘Age of Inference’
In this week’s episode, hosts Rob Woodbridge and Asif Khan look at a new universal ad metric; Tata Docomo makes it easy to check in without GPS or internet (but why?); and Glympse moves onto the streets inside of BMW. Special guest David Lieb ushers in the age of inference and we all take a much needed mobile moment thanks to Chadwick Martin Bailey…
Street Fight Daily: Mobile-Local Video, Foursquare Readies New Ad Product
A roundup of today’s big stories in hyperlocal content, commerce, and technology.
… Fox News and WSJ Look to Turn Video Ads Into Mobile Coupons (AdWeek)… Foursquare Planning to Offer Check-in Data to Target Ads on Other Platforms (AdAge)… With Profitable Operations And 100K Stores On Its Platform, Retail Tech Startup Erply Shifts Into High Gear (TechCrunch)…
Wanderful Media Revamps Find&Save With Personalization in Mind
“We’re building toward a completely personalized experience, like Netflix,” said Dave Thomsen, the company’s EVP of product design. “When you’re logged in, you get a unique circular that’s customized for you based on what we know about you.” So the product will understand what you have looked for in the past and show deals you might be interested in now…
The ‘New News Ecology’ Needs to Be Nourished With Sustainable Revenue
The grand, this-is-where-we’re-going commitment at the Journalism That Matters meeting held last week in Denver was encouraging. Local journalism needs this re-invention of what it does and how it relates to a newly empowered public that is outgrowing its old role as a passive consumer of news. I hope, though, that JTM members will also make “investigating new economic models” an important part of the new news ecology they’re creating.
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