Groupon’s Stock Dives as Deal Margins Shrink
Groupon lost more than a quarter of its market value in after hours trading on Wednesday after the company reported diminishing margins and continued international stagnancy in Q4. The once-resurgent daily deals company saw gross billings increase 24% year-over-year in the fourth quarter, but declining margins in both its local and ecommerce business forced its gross profit down 10% from a year earlier…
Street Fight Daily: Life After Patch, What Really Happened at LivingSocial?
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Life After Patch.com: A Newspaper Editor Returns To Newsprint (The Awl)… What Really Happened at LivingSocial? (Fortune)… The Newsonomics of The Boston Globe Sale (Nieman Journalism Lab)…
Street Fight Daily: Square Puts ‘Business in a Box,’ Google Opens Glass
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Square’s ‘Business in a Box’ Offers a Digital Register for $300 (Wall Street Journal)… Google Will Offer Its Glasses to Select Few (New York Times)… Patch Reportedly Cuts Editors in Lead Up to Pivot (Business Insider)…
PODCAST: This Week in Location-Based Marketing — Urban Airship
In this week’s episode, hosts Rob Woodbridge and Asif Khan bring you stories about new photo polling app Voto; 42Floors, the AirBnB for office rentals; LivingSocial’s painful year; Pepsi’s next generation vending machine and the mobile food market starts to sizzle (sorry!); plus, Scott Kveton, CEO of Urban Airship…
Street Fight Daily: Path Privacy Flaw, Facebook’s Offline Payments
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Privacy Flaw in Path’s iPhone App Shares Location Data (The New York Times)… Facebook Offers Physical Gift Cards for Selected Retail Stores (PC World)… A Local Community Meets to Save Hyperlocal Digital Journalism (Reader)…
Street Fight Daily: LivingSocial Losses, Facebook Offers Pick Up
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… LivingSocial records net loss of $650 million for 2012 (The Washington Post)… Facebook Offers Have Been Claimed By 42M Users (TechCrunch)… Time to Retire the Term ‘HyperLocal’ (Screenwerk)…
Street Fight Daily: Groupon Acquires Glassmap, Google Targets Coupons
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Groupon Acquires Realtime Location-Aware Service Glassmap To Help You Find Deals (TechCrunch)… Google launches Google Launches Zavers, Targeted Digital Coupons with Real-Time Redemption Data for Retailers (The Next Web)… 21 Things I Learned Running Hyperlocal News Sites (Vouchification)…
Street Fight Daily: Field Trip Adds Deals, Local Online Ad Rev to Jump in 2013
A roundup of today’s big stories in hyperlocal content, commerce, and technology... Local Online Ad Rev to Grow 31% in 2013 (NetNewsCheck)… Google’s Location-aware Field Trip Tour Guide App Now Serves Up Local Deals, Courtesy of Scoutmob (The Next Web)… How Location-Based Social Networks Are Changing the Game for Businesses (Entrepreneur)…
Street Fight Daily: Cash Crunch at LivingSocial, Startups Tackle Local
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… LivingSocial May Be Running Dangerously Low on Cash and Time. Will Amazon Come to the Rescue? (Pando Daily)… Startups Tackle the Local Neighborhood as the Next Frontier (GigaOm)… Google Updates iPad App to Make Search More Local (Mashable)…
Street Fight Daily: Capital One Acquires Bundle, JRC Signs Purchase Agreement
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Capital One Acquires Bundle, A Data-Driven Local Business Directory (TechCrunch)… Journal Register Company, Hedge Fund Sign Purchase Agreement (Poynter)… What Do LivingSocial and Groupon’s Woes Tell Us about Consumer Interest in Deals? (Screenwerk)…
Street Fight Daily: Mason Stays, LivingSocial Speeds to a Halt
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Groupon CEO Mason to Stay After Directors Discuss His Tenure (Businessweek)… LivingSocial Learns Speeding Doesn’t Pay (The Wall Street Journal)… Hyperlocal Ads Are Linchpin to Holiday Mobile Search Auccess (Mobile Marketer)…
Street Fight Daily: LivingSocial Layoffs, Google Buys Couponer
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… LivingSocial expected to lay off 400 in U.S. (Washington Business Journal)…
Google Buys ‘Coupon’ Platform Incentive Targeting For Closed-Loop Marketing (Screenwerk)… The Story Of Adku, And Why Andrew Mason Isn’t The Problem At Groupon (TechCrunch)…
Street Fight Daily: Fab Channels LivingSocial, Black Friday’s Tech
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Fab’s Newest Distribution Channel: LivingSocial (The Wall Street Journal)… The Shrewd Shopper Carries a Smartphone (The New York Times)… Why Passbook Could Join Ping in the Apple Graveyard (GigaOm)…
Street Fight Daily: Waze Gets Social, LivingSocial Fallout Continues
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Waze Gets More Social, Helps Users Share Location and Connect (GigaOm)… LivingSocial May Need a Deal of Its Own (The Wall Street Journal)… Zillow Acquires Real Estate Shopping And Collaboration Platform For Brokers And Homebuyers, Buyfolio (TechCrunch)…
Street Fight Daily: Hyperlocal Sees ‘Sandy’ Bump, Yelp Adds Menus
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Hurricane Sandy Boosts Local Online News Brands (AdWeek)… Yelp Launching Visual Menus With User-Contributed Photos (TechCrunch)… Location-Based Services to Bring in $4B Revenue in 2012 (Mobile Marketer)…
Street Fight Daily: Google Tests Same-Day Delivery, Facebook’s Local Hole
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Google Is Testing Same-Day Delivery for Shoppers (New York Times)… The Big Market Facebook is Missing Out On (GigaOm)… Now Amazon Can Easily Win The $100 Billion Local Commerce Market And The $150 Billion Smartphone Market (Forbes)…
Street Fight Daily: LivingSocial Takes $566M Loss, Mayer Buys Stamped
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Amazon Loss Puts Spotlight on Daily-Deal Firm LivingSocial (Reuters)… Mayer Strikes First Deal at Yahoo With Acquisition of Stamped (New York Times)… What we’ve learned a year after Groupon’s IPO (Crain’s Chicago Business)…
Forecast: Consumer Daily Deals Spending to Reach $5.5 Billion by 2016
“We’re leaving phase one, in which deals companies basically sent out sharply discounted deals to large mailing lists,” said BIA/Kelsey’s Peter Krasilovsky. “Deals companies are now beginning to also focus on the merchant relationship, offering them a variety of business services, from reporting and payment processing to loyalty programs and continuous, instant deals.”
How Enhanced Targeting Will Change Local Commerce in 2013
Restaurants are moving away from the traditional daily-deal model and demanding more targeted services. In 2013 we will see the marketing landscape dominated by three types of marketing services addressing more specific merchant goals: snipers, niche pure plays, and the cycle-conscious…