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  • fankenkoenig fankenkoenig Nov 23, 2013 1:38 AM Flag

    And that’s where Local Corp. comes into play

     

    “Because we have access to what’s in that store, plus what’s in 70,000 retail locations nationwide,” Clarke said, “we can tell you if that Pioneer 50-inch plasma is cheaper up the road at Sears than it is at the Best Buy you are standing in and tell you if it’s in stock right now.”

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    • The Platform - Patented Local Shopping Technology

      Powered by Krillion®, Krillion delivers the most robust and accurate location-based product search data available. Our solutions provide dynamic, up-to-the minute information about where specific branded products are sold, and which retailers have them in stock the instant shoppers are ready to buy.

      Our patented Krillion® localization engine provides aggregated and structured local product shopping data to our business customers and channel partners. We pioneered local shopping search and are committed to the continuous growth of our dynamic platform that supports multi-channel retailers and brands looking to engage consumers wherever they research products and where to buy.

      As a result, our patented data normalization platform offers the most comprehensive cleansing and distribution capabilities in the available today.

      • 4 Replies to fankenkoenig
      • Newest numbers: Our local shopping data is growing daily!

        Over 2.1 Billion

        retail inventory products

        Over 75,000

        national and regional retailer stores

        Over 23,000

        consumer brands

      • The company said Bing's local product listings search will be powered by Local's Krillion shopping data platform

        Krillion provides local shopping information about consumer products from retailers, including in-store availability, comparison pricing, current discounts and images.

      • The Message;: "Our powerful shopping infrastructure is unparalleled"
        .
        Benefit from our dynamic shopping engine that indexes products from over 75,000 retail stores nationwide. Powered by the patented Krillion localization engine, we capture the most current product, pricing, and inventory information across leading consumer brands to deliver locally relevant, up-to-the minute shopping content to your audience.

      • Shop By Local: Find national brands, locally, with the worlds most relevant local search engine, Krillion.
        Example: Frigidaire in Orange
        1.12 Miles
        Frigidaire Gallery 22.6 cu. ft. Side-by-Side Refrigerator ENERGY STAR
        ... More
        0 users liked this posts users disliked this posts 3 Reply Shop By Local: Find national brands, locally, with the worlds most relevant local search engineflankenking by flankenking • Sep 1, 2013 4:59 PM Flag
        Shop By Local from Local Corp: Find national brands, locally, with the worlds most relevant local search engine, Krillion.
        Example: Frigidaire in Orange
        1.12 Miles
        Frigidaire Gallery 22.6 cu. ft. Side-by-Side Refrigerator ENERGY STAR
        $1399.99
        See It
        1
        Sears
        Orange
        1.12 Miles
        Danby 3.2 Cu. Ft. Designer Compact Refrigerator - Black with Spotless Steel Door ENERGY STAR
        $199.99
        See It
        1
        Sears
        Orange
        1.12 Miles
        KitchenAid 21.8 cu. ft. French-Door Refrigerator w/ Internal Water Dispenser ENERGY STAR
        $2879.99
        $3199.99
        10% OFF
        See It
        1
        Sears
        Orange
        1.12 Miles
        Frigidaire 26.0 cu. ft. Side-by-Side Refrigerator ENERGY STAR
        $1149.99
        See It
        1
        Sears
        Orange
        1.12 Miles
        Frigidaire Professional Series 22.6 cu. ft. Side-by-Side Refrigerator (FPHS2386) ENERGY STAR
        $1799.99
        See It
        1
        Sears
        Orange
        1.12 Miles
        Frigidaire 26.0 cu. ft. Side-by-Side Refrigerator ENERGY STAR
        $1049.99
        See It
        1
        Sears
        Orange
        1.38 Miles
        Scotsman Brilliance 50 lb Ice Machine
        $2155.00
        See It
        2
        Wal-Mart
        Orange
        1.38 Miles
        Magic Chef 3.6-Cubic Foot Refrigerator, Black
        $129.00
        See It
        2
        Wal-Mart
        Orange
        1.38 Miles
        Ig

    • We call this the last mile of shopping data what’s in-store right now and at what price

      When a consumer does that showrooming search for a 70-inch Vizio model X, Y, Z, we want to be able to tell them that it’s available in the store 2.1 miles up the road for $300 less and here is the map to get there

    • Key Takeaways from Q3-13 of Local Corp with an idlotic low market-cap off 39 million yesterday

      • Revised 2013 guidance:
      » Annual revenue for 2013 is expected to be at the low end of previously provided guidance of $95 to $97 million
      » Adjusted EBITDA is expected to be approximately $4.5 million
      • Sequential revenue growth up 4% to $23.5 million in Q3-13 from $22.7 million in Q2-13
      • Adjusted EBITDA up 12% to $1.3 million in Q3-13 from $1.2 million in Q2-13
      • Continued expansion of our highest gross margin business –Network revenue up 190% from Q3-12
      • Significant progress related to local shopping
      » Launched next generation Krillion®local shopping platform
      » Announced agreement to provide location-based product data for major search engine
      » Powering shopping channel for Pittsburgh Post-Gazette

      • 3 Replies to fankenkoenig
      • Growth of the revenues of the network-division of Local Corp (now 61% of all revenues of Local Corp) beats the growth-rates of the revenues of Twitter and Yelp

        Revenues of the Network-Division of Local Corp:
        Q3-12 5.0 million
        Q4-12: 7.6 million
        Q1-13: 8.3 million
        Q2-13: 11.6 million
        Q3-13: 14.5 million Less

        Reveneus of Q3-13 are the 2.9-fold of the revenues of Q3-12.

      • 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.

      • Local is a leader in area-specific (i.e., "local") web search, indexing, and syndication.
        The company owns and operatesa flagahip-site, an online search and aggregation web
        site. Using strong partnerships with internet search behemoths Google and Yahoo!/
        Bing, Local caters to web consumers and local merchants--and, the Internet publishers
        who wish to find them. The company is currently generating positive adjusted EBITDA,
        has a growing base of tens of millions of monthly unique visitors (MUVs), and intends
        on aggressively defending its valuable Pay-Per-Call patent IP.

        We think these shares could move soon; thus, we're initiating coverage of Local at BUY with a $4.50
        PT, or 1-times our FY14 revenue estimate of $108.4 million.

 
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