Street Fight Daily: 12.05.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Living Social Beta Tests Premium Membership Program (Local Onliner)

Walmart Had a Pretty Good Foursquare Black Friday (Ad Age)

Yipit Secretly Tests Its New Foursquare Integration (TheNext Web)

Street Fight Daily: 12.02.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Zaarly App Aims to Deliver Customers to Small Businesses (Mashable)

Groupon’s Exaggerated Deals Will Be Probed By UK Government (PaidContent)
Mobile Commerce To Hit $6.7B In 2011 (MediaPost)

Street Fight Daily: 11.21.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups... Mobile Deals Set to Lure Shoppers Stuck in Line (NYT)Living Social to Announce Funding (CNBC)Pandora to Roll Out Geo-Targeted Political Ads (Wall Street Journal)

Living Social Releases Q3 Purchase Trends: Magazines Up, Burgers Down

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Missing summer? Livingsocial has released its Q3 Members Must-Have Study, revealing a few interesting trends in group-buying over the summer months. The daily deal giant has changed up the format of its trends report, favoring percent changed over total numbers of deals sold as showed in the Q2 report…

Street Fight Daily: 11.15.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

BIA/Kelsey: Local Digital Ad Revenue to Hit $37.9 Billion by 2015 (Mashable)Borrell: Online Poised For Dominance in Local Ads (NetNewsCheck)

Street Fight Daily: 11.10.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

News Futurists DNAinfo Expanding to NYC’s Outer Boroughs and Chicago (New York Observer)
DNAinfo, a neighborhood-centric Manhattan news start-up, will expand to all five boroughs in early 2012. After rolling across New York City, the company will begin national expansion, starting in Chicago and hiring about 30 reporters total…

Rumor: LivingSocial & Groupon Looking to Acquire SCVNGR (BostInnovation)
Gregory Gomer: For the past few weeks, we have heard rumblings that both LivingSocial and Groupon are interested in acquiring SCVNGR, and that the options are currently being evaluated by SCVNGR’s top level execs and board of directors…

Street Fight Daily: 11.09.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Yelp Hires Goldman and Citigroup to Lead I.P.O. (NYT/Dealbook)
Yelp, the online reviews site for local businesses, has hired Goldman Sachs and Citigroup to lead its initial public offering of stock, which is expected to value the company at $1.5 billion to $2 billion…

CrowdMob Builds a Tapjoy+Groupon for Distributing Local Deals (GigaOm)
The company offers merchants and retailers a way to distribute their local deals through third-party apps, incentivizing mobile users to buy a deal in exchange for virtual currency or goods…

Gilt City’s City Unlisted: Merging Commerce and Content

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Gilt City, the group-buying offshoot of luxury commerce brand Gilt Groupe, has — among other things — built its business on developing a strong editorial voice mostly through the selection and presentation of its offers. In May, however, the company launched an under-the-radar beta project called City Unlisted to experiment with an alternative approach to pairing content and commerce…

Street Fight Daily: 10.27.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

“Deals don’t mean dollars. That was a point of consensus at the inaugural Street Fight Summit,” writes Jeremy Caplan. “A key question threaded throughout the conference was how best to turn local consumers into reliable revenue streams. The most valuable insights for independent publishers in attendance centered around new opportunities for better serving local businesses.” (Poynter)…

When hyperlocal news sites can’t compete on CPMs, where else can they find revenue? The St. Louis Beacon, a nonprofit online publication for regional news, sought to tie revenue strategies to its mission, business manager Shawn McGinness said. (PaidContent)…

Case Study: Chelsea Piers Goes Beyond Groupon

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Since 2009, the recreational complex Chelsea Piers in New York City has sold approximately 20,000 group coupons — until recently, all Groupons. But after a two-year exclusive came to an end with the deals giant in the spring, Chelsea Piers SVP in charge of marketing and sponsorships, Dana Thayer, began tracking other services, looking at verticals, price points, and what her competitors were doing…

What BuyWithMe (And All Daily Deals Companies) Could Learn From Woot

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We here at Street Fight and other media sources have been calling for a big consolidation in the daily deals market for some time now. But consolidation can take two forms. To date, that has been acquisitions. Going forward, there may be more outright closures. Woot did an amazing job in the daily deals space before getting acquired by Amazon last year. What Woot was trying to pull off, however, was far less complicated than what is being attempted in the local deals space right now…

Street Fight Daily: 10.21.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Groupon has put to rest speculation about its IPO. It is on, albeit at a slightly lower valuation than originally expected. It intends to raise between $480 million to $540 million in the public markets, setting a valuation range between $10.1 billion and $11.4 billion. (AllThingsD)…

“The daily deal companies are version 1.0 of great things you can build with the Internet that help local merchants drive foot traffic into the door,” says Dennis Crowley in an interview. “What we are doing with Foursquare is version 2.” (TechCrunch)…

Street Fight Daily: 10.19.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Daily deals are coming to the radio. Clear Channel, the media giant that owns 850 stations, has made an exclusive deal with LivingSocial to offer its discount offerings on 500 of its stations, the companies announced on Tuesday. (New York Times/Media Decoder)…

Foursquare CEO Dennis Crowley expects the company to remain independent for another year, but admits he’s open to an acquisition: “The only thing we want to do is build a product,” Crowley said. “If we do it independently that’s great, if we do it as part of a company that’s another story.” (Business Insider)…

Street Fight Daily: 10.18.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

New York state tax administrators have concluded merchants should collect sales tax on the full face value of items purchased with vouchers from Groupon, LivingSocial and other Internet discount deal sites —if the vouchers are for a specific dollar amount. (Forbes)…

New York City’s Gothamist is thriving with an average 2 million unique visitors each month reading its eclectic brand of voice-forward reporting and aggregation geared to the young and well-heeled. Its success has allowed it to spin off sister sites across the country and around the globe. (NetNewsCheck)…

Street Fight Daily: 10.14.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

MapQuest’s new Vibe uses data collected from the past 10 years about cities’ most popular destinations. Vijay Bangaru, MapQuest vice president of product, writes that the concept originated out of a shift in users’ needs from “maps and directions” to “local search.” (Mashable)…

Groupon and LivingSocial succeed because consumers perceive them as great deals. But is that true? Perhaps not. Thumbtack.com called 10 vendors offering daily deals (five from Groupon and five from LivingSocial) and found eight instances where they were quoted a price over the phone that was cheaper than the advertised regular price being offered. (Business Insider)…

Daily Deals Industry Moving Into Consolidation Mode

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With over 600 companies currently in the daily deals space in the U.S., industry consolidation is bound to occur — with larger companies buying up smaller rivals while other competitors go belly up. To find out more about what to expect in the deals space, Street Fight recently spoke with two industry watchers from local media adviser BIA/Kelsey…

Street Fight Daily: 10.11.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Microsoft appears to be readying the formal launch of a Bing-branded daily deals website powered by white-label group buying platform service provider Tippr. This offering is notably different from Microsoft’s earlier launch of Bing Deals, which basically features links to aggregated deals from a number of partners. (TechCrunch)…

The daily deal industry has jolted a formerly sleepy corner of the $30 billion online advertising market: the local part of the paid search marketing business. Local search ads that included references to towns and cities were not in demand until daily deal companies started paying handsomely to track down people interested in neighborhood goods and services. (Reuters)…

Street Fight Daily: 10.10.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

All of the major players in the daily deals industry experienced significant gross revenue growth in September. Total industry gross revenue jumped 12%, from an estimated $238 million in August to $267 million in September. The number of deals offered increased by 6%. (Yipit Blog)…

Reports of the death of Groupon’s IPO plans have apparently been greatly exaggerated. The online daily deals pioneer filed an updated version of its S-1 document with the Securities and Exchange Commission on Friday, as part of its preparation for a planned initial public offering of its stock. (GigaOm)…

What Bad News Means for the Future of Daily Deals

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The fact that sending a mass email to lots of random people advertising a random business may damage said business’ reputation is not entirely surprising. But this news really speaks to group buying 1.0, not where the industry is going. And that future will be far more interesting with differentiated, personalized, time-specific and behavior inducing offers…

Street Fight Daily: 09.22.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups…

Ad sales chief Scott Colontonio is leaving AOL’s hyperlocal network Patch after little over a year to join Google. Meanwhile, AOL CEO Tim Armstrong reiterated his assertion that some Patch outposts would be profitable by the end of the year. (PaidContent)…

LivingSocial may raise more than $200 million in funding that would give it a valuation of as much as $6 billion, rather than proceeding toward an initial public offering. (Bloomberg)…