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Local Corporation Message Board

  • fankenguru fankenguru Nov 28, 2013 4:08 PM Flag

    Next BIG in 2014

    Local's new and revolutionary mobile shopping directory apps could
    offer substantial new shopping-related revenue streams in 2014. Local is
    planning to introduce a new shopping directory product and a price comparison
    application called Savings Near Me in the 2nd half of the current year. These apps
    will aggregate thousands of retailers across the country in real-time to provide
    price-savvy consumers with price comparisons as they search for local products

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    • "We delivered a 30% compound annual growth rate over the past six years, about twice the industry growth rate. We’ve done that primarily by expanding our online presence through over 2100 websites that provide our local search results to local consumers on their sites.

      But things are changing in our space due to the explosion of smartphone usage in the U.S. Industry experts project that within a few years, 80% of local searches will be done on a mobile device. That means our company has to become a mobile business. Fortunately that transition is well underway."

      Source: Read the complete transcript from the last conference call direct on Seeking Alpha

    • Very important will be: IP & Technology
      • Proprietary platform and know-how
      » Real time business, product and services data integration
      » Large scale local/commercial content production and syndication
      » Very large scale CPC ad-serving and distribution
      » Web indexing and local search relevance
      » Very large scale SEO, SEM campaign expertise
      » Local display ad production and syndication
      » Web hosting and local/commercial domain name acquisition

      • 12 patents issued, 7 pending
      » Key patents
      – Local web indexing (for indexing local web sites across the web)
      – Pay per call for local and commercial searches via a mobile device (multiple patents)
      • The billion dollar industry question: How do we monetize mobile?
      – Dynamic cascading menu search (for product search on tablets and smart phones)
      –Bulk domain registration and content management (for very large scale SEO)


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