You Won’t Believe How Much Yelp’s Top Shareholders Are Worth Now

Matt Lynley | Nov. 17, 2011, 6:16 PM |

Yelp just filed for an initial public offering in order to raise up to $100 million.

 

The review site is seeking a valuation between $1 billion and $2 billion, according to reports by the Wall Street Journal and others.

That’s going to mint some decent fortunes for Yelp’s shareholders. CEO Jeremy Stoppelman and his investors have managed to hold onto the lion’s share of the company’s equity.

Stoppelman and his investors control around 86 percent of the company, with the next largest shareholder, chief operating officer Geoff Donaker, controlling just 1.6 percent. Stoppelman himself has a nice 11.1 percent share of the company.

We’ve calculated each shareholder’s worth based on those valuations.

Location-based targeting grew 50pc quarter-over-quarter:

Alcatel-Lucent, 1020 Placecast partner on location

Location, location, location

Local-based targeting grew 50 percent quarter-over-quarter and made up 66 percent of all the targeted audience campaigns on Millennial Media’s platform, according to the company’s recent report. 

The new Smart report proves that marketers are increasingly using location to better target consumers. The report also found that certain post-click options, such as the ability to watch video, grew 78 percent quarter-over-quarter.

“Using mobile to reach local consumers has been one of the major trends of 2011, and this was definitely seen in the third quarter of this year,” said Mack McKelvey, senior vice president of marketing at Millennial Media, Baltimore, MD.

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Mobile Brings New Opportunities for Local Retailers

Mobile becomes a more important driver of in-store traffic


Ecommerce sales are growing fast, but the vast majority of consumer spending still takes place offline in local stores. A large portion of those sales are influenced by online research, most of which is conducted on the desktop. But increasingly, consumers are taking advantage of the sophisticated capabilities of smartphones to do more of this online research while in a store or on the go.

“While online sales are measured in billions of dollars, the store sales influenced by web research are worth trillions of dollars,” said Jeffrey Grau, eMarketer principal analyst and author of the new report, “Local Commerce: How Consumers Find Nearby Retailers.” “The desktop has been the prevalent place for cross-channel shoppers to do online research, but there are signs that a significant share of this activity is shifting to mobile and social platforms.”

Some 70% of consumers checked an online source before visiting a local business or restaurant, according to a survey from local content and advertising network CityGrid Media conducted by Harris Interactive in March 2011. Google was the top source, 13 percentage points ahead of online yellow pages. Consumers also checked review sites (13%) and Facebook (12%).

 

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Mobile Coupons & Why 20 Percent of Smartphone Users Redeem Them

November 03, 2011 — By 

The folks over at Microsoft Tag have put together a new infographic detailing the explosive growth in mobile coupons, along with some interesting usage stats and predictions.

Consider this — a full 20% of smartphone users currently acquire and redeem mobile coupons on a regular basis, with that number expected to grow to 30% by 2013.  In addition, a full 10% of ALL mobile phone users redeem mobile coupons on a regular basis, growing to 16.5% by 2013.  These are pretty powerful numbers when looking at the big picture, and even more powerful when you look at the engagement rates mobile coupons generate.

People love saving money, and having the ability to acquire, store and redeem coupons directly from a device we all carry around with us everywhere we go is a powerful thing.  Take a look at the graphic below and see if it falls in line with your own usage of mobile coupons.

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Mobile coupon industry will be worth $46 billion by 2016, analysts say

By:  | Nov 2nd, 2011 at 02:40PM
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Filed Under: MobileRetail

A recent report from Juniper Research suggests that the mobile coupon market will be worth $46 billion by 2015, a large jump from the $5.6 billion projected for the industry this year. Google Offers, a feature of the NFC-based Google Wallet mobile payment system, will be one catalyst for the growth. “Mobile coupons are going mainstream,” Juniper Research analyst David Snow said. “Cost effective mobile coupon campaigns are now within the reach of smaller retailers providing them with an easy way to drive profitable footfall and build customer loyalty. To ignore the potential of mobile coupons would be to ignore the future of mobile commerce.” A quick search of the iTunes App Store revealed dozens of applications for iOS devices, including apps from Coupons.com, GroupOn, Cellfire, Coupon Clipper and more, but there are also applications such as FourSquare that provide special offers for mobile users. Snow’s comments, which also suggest an opt-in approach could be more beneficial for retailers, complement a recent report from Retrevo that claimed retail stores are failing shoppers by not providing them with enough incentives to shop in-store instead of online. Read on for the full press release from Juniper Research.

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Daily Deals: Beloved by Consumers, Less So by Merchants

by 

 

There are few things U.S. consumers love more than a bargain, and the spread of daily deals sites has given them plenty of their beloved and then some. Americans will spend an estimated $2 billion on daily deal sites this year alone — a figure that’s expected to double by 2015.

Merchants, however, are telling a different story. While daily deals sites are helping many businesses attract new customers, turning those new arrivals into repeat customers has proved unexpectedly difficult. Furthermore, consumers aren’t spending over the allotted amount of their deals. Businesses are taking a hit as a result.

What will this growing pattern mean for consumers, businesses and daily deals sites? It’s difficult to say. But this infographic seems to make one thing apparent: Merchants are going to need to turn elsewhere if repeat business is what they’re after.

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