The numbers don’t lie: advertising for local businesses is gaining steam. According to TPG Marketing, traditional media like TV and magazines ads have dropped by 11 and 15 percent, respectively whereas online and phone advertising are still going strong at a rise of 11 and 18 percent, respectively.
A large portion of the money flowing into online advertising is due to the increasing interest in daily deals and group buying. Several major web properties like Google and Facebook have begun exploring this market, with incumbents like Groupon and LivingSocial adding in new features to keep out the competition. Local and hyperlocal deal sites that cater to certain verticals like organic produce or fashion are carving their own niche in the space as well. Continue reading










