Street Fight Daily: 09.08.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Echoecho is a simple service that lets people request location updates from friends in their phone address book, who then can decide whether to respond with their coordinates. The company announced yesterday that it has raised $750,000 in seed funding from Google Ventures and United Kingdom-based PROFounders Capital. (GigaOm)…
“It seems to me that Digital First is much more likely to solve the problem of building strong — and profitable — web-based local media than is AOL’s Patch,” writes Felix Salmon. “The first and most important reason is that local newspapers are, and always have been, the first best source of local ad-sales talent. … On the other side of the editorial divide, local newspapers are also the first best source of local news, and are generally much more respected and trusted in local communities than any cookie-cutter Patch site is likely to become.” (Reuters)…
Daily Deals 2.0: Card-Connected Offers
Banks now know more than practically anyone about consumer spending behaviors and they are rapidly entering the digital marketing and local commerce space. Many have rolled out programs that leverage technology to offer customers truly digital deals from merchants of all types via their existing credit or debit cards…
Street Fight Daily: 09.07.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Add Groupon Inc. to the list of hot new Web companies having second thoughts about whether now is a good time to go public. The daily deals website, which is expected to fetch a $20 billion valuation upon its stock-market debut, canceled its investor roadshow and is reevaluating plans for an initial public offering in the face of stock-market volatility. (Wall Street Journal)…
Location-based services are becoming more commonplace tools for mobile users, but check-in services appear to be facing a tough road to adoption, according to new figures from the Pew Internet & American Life Project. The organization found that 28 percent of American adults use some form of mobile and social location-based services to get directions or recommendations, or to check into a location. But Pew found that only 4 percent of adults use their phones specifically for check-in services like Foursquare and Gowalla, the same as in November. (GigaOm)…
Street Fight Daily: 09.05.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
GPS navigation services provider TeleNav has completed the acquisition of goby, a local search engine and mobile application developer. goby provides services that allows users to explore events and activities based on location. (M&A Deals)…
Nonprofit news site The Bay Citizen got a jump start to success early in its life with a unique content relationship with The New York Times that provides two pages of local news for the newspaper’s Northern California edition. (NetNewsCheck)…
Rethinking Hyperlocal: Not Just a Paper, Not an Address
The Washington Post’s decision to close most of its regional bureaus makes a tremendous amount of sense and moves us further along the continuum towards a new reality when the news doesn’t have an office and hyperlocal is also hypermobile. In fact, I’d venture to say that real estate is something that the traditional dailies should ditch, pronto, as part of their transition into a new kind of news organization…
Facebook’s Life After Deals
The best or biggest deal, assertion, investment or other strategy this week. Who: Facebook What: Taking another approach to location-based services Just a week after it said it would abandon its location-based service Places in favor of a new strategy, Facebook announced that it was getting out of the deals business. Facebook Deals was only around […]
Street Fight Daily: 09.02.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
While Yelp’s daily deal segment got off to a strong start, things have been getting worse ever since. So, what happened? Over the last 6 months, Yelp has been generating less and less revenue per deal as competition in the space heated up. (Yipit Blog)…
The Washington Post has decided to let the leases lapse on all but two of its local bureaus. Beginning next year, the Post has decided to end the leases on four offices in Virginia and three offices in Maryland. (Politico)…
Ex-NYC Deputy Mayor: Hyperlocals Should Help Citizens ‘March on City Hall’
Journalism and community are rapidly converging in the hyperlocal space. But the big missing piece is meaningful participation by local government. Mayors, city and town managers and other local public officials may have Twitter accounts or Facebook pages, but too often they’re used for carefully managed image messages–not for joining citizens in serious problem solving. Stephen […]
Street Fight Daily: 09.01.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
If a private equity firm buys AOL and chops it up to sell off the parts — as is being rumored — Henry Blodget thinks Patch will be “toast.” (Business Insider)…
“While it’s easy to get into the daily deal marketplace it’s much harder to grow and sustain a daily deal business,” says Mary Song, CEO of Yuupon. (WebProNews)…
What Motivates Yelp’s Power Users?
In an effort to dig a little deeper into what motivates Elite Squad-ers and other active Yelp users — beyond the free beer and crudités — Street Fight spoke with three power users who approach the service with differing goals in mind, but all of whom view Yelp as an integral part of their decision-making process.
Storming the ‘Geolocals’ in the Eye of Irene
How did some of the clever new geolocation/geosocial applications take advantage of a situation where people suddenly needed to find and purchase things they normally would not? For intel on this I chatted up a couple young guns in the space and found, unsurprisingly, weather is still a money maker…
Street Fight Daily: 08.31.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
“The golden age of daily deals, led by the unprecedented growth of Groupon, seems to be coming to its end,” writes Ben Parr. “That’s not to say daily deals won’t be sticking around for a long time — clearly there is a business in it — but when two major players withdraw from the space and its biggest player experiences a 50% traffic decline, it’s a clear sign that the daily deals market is no longer in its heyday.” (Mashable)…
A little over a year after Gannett and Yahoo teamed up on local ads sales primarily for the publisher’s 81 community newspapers, the two are extending their partnership to include all of Gannett’s 19 local TV stations. (PaidContent)…
Managing the Data Infrastructure Behind Hyperlocal
As more and more location-based apps and services pop up, one of the major issues that developers at these companies face is the need for accurate, updated, geo-coded information about all of the businesses out there. Data provider Factual is kind of a clearinghouse for the data sets that these developers need…
Case Study: P.F. Chang’s Jumps Into Location-Based Marketing
P.F. Chang’s China Bistro is giving away free happy hour dishes to customers who checked-in on Foursquare, Facebook, and Yelp this summer as a way to promote its new Triple Happiness Happy Hours. Brand director Dan Drummond says location-based marketing was a no-brainer for the national restaurant chain…
FundsOn: Deals Site’s Charitable Twist – Getting by Giving Back
Charu Chundury was once an entrepreneur focused on software to help manage local youth sports. But these days, he sees an opportunity to tweak the model for charitable giving with an “effort-free” hyperlocal product aimed at the $290 billion a year consumers spend — all the while benefitting small businesses and consumers. How so? With a new company called FundsOn.