News and Analysis
Street Culture: Metrics for a Global Community
While some company founders sit down and write out their core values and identify what their company’s culture should be before they even find the people who will help them, others just go with their gut. For Pete Gombert, founder of local marketing company Balihoo, his gut feeling about culture has turned into a whole new company.
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Media Companies Embrace Innovation by Nurturing Startups
Does anyone believe that a traditional media company could have created a digital product that would grow to be as quickly valuable as Instagram or Pinterest? The answer is no, but a few organizations are hoping to change that perception by bringing digital media entrepreneurs into the fold…
6 Mobile Coupon Platforms for Merchants
One of the simplest solutions for merchants just beginning to dip their toes into mobile marketing is text-based mobile coupons. Coupons that are sent via SMS are eight times more likely to be redeemed than coupons sent through email, and 90% of these messages are opened up within just three minutes of receipt. Here are six tools that local merchants can use to drive sales with targeted coupons sent to their customers’ mobile phones…
Street Fight Daily: Facebook/Foursquare?, MapQuest’s mqVibe
A roundup of today’s big stories in hyperlocal content, commerce and technology.…
Will Facebook Buy Foursquare Next? (ZDNet)…
Groupon Accounting Problems Put Spotlight on Board (Reuters)…
Consumer Trust in Online, Mobile Ads Grows (NetNewsCheck)…
EIC Brian Farnham Leaving Patch to Explore ‘Other Startup Opportunities’
Patch editor-in-chief Brian Farnham has announced he is leaving the AOL network of hyperlocal sites after four years on the job. A Patch spokesperson said the move was “100%” Farnham’s decision. Rachel Fishman Feddersen, who joined Patch as chief content officer in February, will now fully take over the editorial side of the operation…
Overview: Cerberus Acquires AT&T Ad Solutions, AT&T Interactive
Cerberus’ challenge will be to continue to purposefully and aggressively reorient an organization which has the dying print directory business in its DNA. The assets at their disposal are quite impressive but can the leadership let the past go and embrace the very fast-moving innovation now occurring in online and mobile?
Chicago Indy Ad Network Shutting Down After Poor Sales
The Chicago Independent Advertising Network is shutting down six months after it opened for business. Business manager Mike Fourcher wrote: “I am disappointed that it has come to this conclusion, but the old saying is, ‘When sales are good, everything’s good.’ Sales were not good, and therefore neither was publisher interest.”
How Pandora Is Winning Over Local Advertisers
Pandora recently announced it reached 400 local advertising campaigns in 2012. The figure represents a strong start in the company’s foray into local, although clearly it’s just a beginning. Street Fight spoke recently with John Hilton, the company’s executive director of sales strategy, communication & development, about the challenges of selling Pandora to local merchants…
Street Fight Daily: Local Pinterest, Gtrot, Groupon’s Broken ‘Promise’
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
‘Groupon Promise’ Broken? (VentureBeat)…
5 Ways to Market Your Brand With Location-Based Networks (Mashable)…
What Local TV Newsrooms Are Pinning on Pinterest (Lost Remote)…
Street Fight Launches New Investment Newsletter
Street Fight has just published the first installment of “The Hyperlocal Investment Report,” a monthly deep dive into the financial state of the hyperlocal industry. The report provides hard-to-find market analysis for investors and startups focused on hyperlocal content, commerce and technology…
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Beyond Likes: Win Hearts with Emotional Marketing