A closer look at ALikeList
The buzz around the local business review market seems to be friggin out of control these days. I half expect to walk into my local grocery store tomorrow and pick up a copy of the Star with a grainy photo of a Yelper making out with Angelina Jolie on the cover!
It’s not that I don’t think local review content is important, really, it is. It’s just that this type of stuff has to have been some of the earliest content on the Internet, I am sure some of the early messages across ARPANETwere something like “took Molly to Surf Shack on Wilshire after switch testing last night, fish tacos were keen”. It just seems like sometimes it just takes FOREVER to not make much progress in Internet land.
You have to give Yelp a lot of the credit for the current surge of interest, not only is it a pretty valuable service, but the Google + Yelp deal that never happened, and now the Yelp business practices lawsuits have kept them on the front cover of the business section for a while now.
So if you wanted to reinvent this baby one more time, what might you do? Well let’s check under the hood of Alikelist.
Presence at Place of Sale (PAPOS) The New Click Rate?
So if you’ve followed the news in the mobile social networking world recently, first we had people like Yelp introduce “check in” and word that Facebook has the feature on its way, then Foursquare struck a number of big media deals which has kept the mobile location aware world on the front pages of the trade press with thoughts about new ad models focused on cost per check in.
Well after giving it a bit more thought, I’ve come to the conclusion that the industry needs a more broad “presence at place of sale” (PAPOS?) metric that could capture all the events where a person actually walks into a brick and mortar retailer and that action is recorded by any available means.
The PAPOS could then be looped back into the marketing ecosystem serving as the click or conversion rate for all advertising, both on and offline, targeted at driving brick and mortar foot traffic. Read more
Foursquare, Facebook, Yelp and the Battle of the Check-ins
In case you missed it a few weeks back Yelp announced that they were adding a check-in feature to their service where visitors to retail establishments can check in and let others know where they’re at, or have been. Well today on the front page of the Silicon Alley Insider is a post reporting that Facebook too is working on a similar feature.
NYC based Foursquare has undoubtedly been the leader in this area and their success seems to be attracting a lot of imitators.
Here are some thoughts on the importance of check ins and the ensuing pile on we’re about to see of folks adding on the feature. Read more
Localeze + Bing versus Google + Yelp
I noticed an article from MediaPost this morning that talks about Microsoft signing a deeper relationship with Localeze recently for use in Bing’s local efforts. This is one of those fly under the radar types of news items that garners very little attention, unlike say the big fuss made over the potential Google – Yelp acquisition. It’s just another day to day type deal, so I suppose there is no reason for it to grab headlines but in my mind this type of deal between Microsoft and Localeze is much more interesting than Google and Yelp.
I love Yelp and use it frequently, and to a degree I get the rationale on why its a potentially attractive acquisition, particularly for someone like Google that is looking so aggressively at targeting the local brick and mortar businesses, and their advertising budget. Yelp has many of the right relationships with local advertisers and at the same time has a nice content creation tool and user base who rabidly create tons of local oriented content… all a very nice fit with what Google does and where they’re looking to grow.
But the deal between Microsoft and Localeze in my mind directly tries to fix something that is currently wrong when you search for local businesses. Read more
Google and Yelp Acquisition?
There has been a lot of buzz in the past few days about Google potentially buying Yelp for $500 million or so, a lot of back and forth, will it happen or not. A lot of folks see Yelp as just another review site for big cities, so what’s the big deal? Well here are a few reasons why Google may be interested:
