Peter Krasilovsky's

Local Onliner

Mar 9
2012

Milo.com Positions Itself as Anchor for EBay Local

Inventory hasn’t yet emerged as a “must have” for merchants, but the strategic importance of tracking store inventory remains undiminished. Merchants will potentially use inventory levels to drive users to specific locations, build promotions to get rid of overage (or remove promotions when supplies are running low). While far from universal, many national retailers are …continue reading »

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Mar 8
2012

Google Offers’ Nitin Mangtani Set to Keynote at ILM East

Here’s what we’ve been waiting to announce: Google Offers’ head Nitin Mangtani will join our great list of keynoters at ILM East March 26-28 in Boston. We believe Mangtani’s appearance marks one of the first public debuts of Google Offers, which is playing a major role in Google’s vital local strategy, along with Google Places, …continue reading »

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Mar 2
2012

Milestone: Yelp’s IPO is Today

Yelp is IPOing today at $15 a share, allowing it to raise $123 million on a valuation of $900 million –$400 million more than it was apparently offered by Google a couple of years ago. We know from the S1 that Yelp earned $58.4 million in net revenue in the first nine months of 2011, …continue reading »

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Mar 1
2012

First Data’s Sarah Owens: Digital Receipts are ‘Social Currency’

The giants of American commerce are now diving into the “local” space. American Express, MasterCard, Citibank are just some of the big brands diving into local via SMB and national retailer relationships. FirstData, which processes secure transactions for 7,000 financial and more than four million U.S. merchants – 50 percent of U.S. merchants — has …continue reading »

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Feb 28
2012

CardSpring’s Alternative to the Electronic Wallet

It is a given in some circles that the next era of promotions will be driven by electronic wallets that perform transactions, manage deals and coupons, and target and engage loyal consumers. Google, American Express, MasterCard, Living Social, Groupon, AT&T, Microsoft and Square are just some of the companies that are purported to be developing …continue reading »

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Feb 21
2012

Cartera: Local SMBs ‘Key’ to Growth of Loyalty Programs

Local businesses don’t have their own loyalty programs but can now benefit from tapping into bank programs. “Local is the key to our strategy,” says Jim Douglass, EVP at Cartera, a Lexington, Mass. company which manages loyalty programs for many top banks and credit card companies. Douglass sees five million SMBs potentially seeking to extend …continue reading »

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Feb 6
2012

Next Jump’s Charlie Kim: Deals Are Losing High End Women, Focus on Loyalty

The deals culture is shifting from customer acquisition to customer loyalty by necessity. Why? Deals have begun losing high income women. That’s the view of Next Jump CEO Charlie Kim, a featured speaker at ILM East in Boston March 26-28. “Daily deals had an initial surge then quickly lost flavor on a key customer segment …continue reading »

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