News and Analysis
Foursquare Analysis Shows Where Customers Go When Retailers Close
Using both explicit and passive location data from its Foursquare City Guide and Foursquare Swarm apps and websites, the company analyzed consumer visits at Macy’s and Kmart locations that closed in 2016. Foursquare also looked at foot traffic at competing retail stores around the same time period.
Google Analytics for Brick-and-Mortar? Spatially Targets Where to Set Up Shop
Hillit Meidar-Alfi, the company’s founder and CEO says the service “is building the most powerful platform for location search and analytics with applications for small and medium businesses, marketing technologies, ecommerce, real estate, and more. Businesses using location analytics will have a significant competitive advantage over those that do not.”
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Street Fight Daily: 06.03.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups…
In its long awaited S-1, it’s clear that Groupon has impressive topline growth. However, when looking at it’s oldest markets, it appears that their business model is deteriorating. (Yipit Blog)…
Several more perspectives on the Groupon IPO: a Twitter debate over the company’s doomed-ness, a look at who owns what stake in the company, a warning to investors by Andrew Mason, and some red flags for potential investors. (GigaOm, TechCrunch, PaidContent, Business Insider)…
How Not to Be Yelp: Foodspotting
I spent the last column questioning the veracity of Yelp reviews and doubting the future of user-generated content (UGC) on that most trafficked of UGC sites. In fact, I was probably so harsh that it may have seemed like I hate UGC entirely. I don’t. I just hate UGC that is easily gamed and encourages the worst aspects of human nature – fawning frippery or obnoxious snarkiness. Further, a hyper-local reviews site that allows anyone to post a review, even from the comfort of their body-shop cube in Bangalore, makes it hard to trust the information proffered…
Groupon to Go Public — And Then Where?
The point of the company that eventually became Groupon was initially to inspire group action around a political or social cause. It was called ThePoint.
The point of Groupon… well, that may yet to be determined. The company, which filed an S-1 today with the Securities & Exchange Commission for a $750 million initial public offering, is known as a group-buying firm offering deep discounts on everything from hair removal to horse rides, complete with clever copy in each offer. It has seen a meteoric rise in revenue, earning $644 million in the first quarter of 2011 alone, up from $713.3 million in all of 2010. It has 83 million subscribers across 43 countries. And, as CEO Andrew Mason revealed this week at AllThingsD’s D9 conference, about half of its 8,000 workforce is in sales. Groupon has some serious feet on the streets…
Case Study: Minneapolis Music Club Becomes a Foursquare Hot Spot
Minneapolis isn’t a city that’s lacking for nightlife options, but First Avenue marketing coordinator Machen Davis believes her music club has been able to stand out from the pack by using location-based services as promotional tools and by turning the club’s Foursquare mayorships into a fierce competition…
Roost’s DIY Social Media for Small Businesses
As more and more companies vie for marketing dollars from small business owners, many businesses find the growing options confusing. They barely have time to keep up with the demands of online marketing on sites like Facebook and Twitter — and it’s unclear whether it’s best for them to place an ad on a hyperlocal site or offer a daily deal where they lose 75% of the sale…
PBS ‘Local’ — Building From the Bottom Up
Sesame Street and Mister Rogers’ Neighborhood might bear resemblance to an idyllic (or frightening) vision of the hyperlocal ideal — but the network behind these standards of our pop-culture recollections has its own ideas about what it means to be out there on the street. PBS wants to bring culture to the neighborhood; to share among others. To be local while not being hyper. To cooperate.
Street Fight Daily: 06.01.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.… What’s next in the evolution of geolocation? Foursquare’s most attractive qualities — the social game of checking in and the availability of local deals — arguably provide a foundation. But will we need more value if checkins are ever to hit the mainstream? (Mashable)… Google is beginning the roll-out of its Daily Deals service, Google Offers, today. The news that Google is getting into the daily deals space is not a surprise. Google attempted and failed to acquire Groupon for $6 billion last year. Google claims that Offers will take the heavy lifting of marketing off of the business owner, allowing the business to simply focus on the customer. (Mashable, The Next Web)…
Main Street Connect’s Tucker Responds to Criticism
In an interview published two weeks ago, Main Street Connect’s founder Carll Tucker told Street Fight that hyperlocal Web sites need the efficiencies of scale to truly become profitable businesses rather than “passion or hobby” sites. His words clearly touched a nerve, sparking a slew of impassioned comments, as well as reactions on Twitter and elsewhere. Ahead of his network’s Wednesday launch of 32 new sites in Westchester County (N.Y.), Tucker wrote a long comment in response to some of the criticism that was lobbed his way…
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