As Tom Taulli wrote this morning, Google has entered the couponing market with its local search product. As such, Google hopes to further entrench itself into a more localized and customized presence with consumers. While a global presence -- hence, it's search engine -- is by no means a declining market, Google probably hopes to slip into the consumer mind from a localized perspective. I've written before that while Google News, for example, is a great aggregator of news information in many categories, the one thing many print newspapers have on Google is local flair and favor, including local columnists and so forth. Newspaper circulation, while declining in many areas due to cable news and Internet news sources, has a great stab at not becoming irrelevant soon. That is, to keep the localized feel relevant to readers who expect the content they cannot get anywhere else.Many millions of newspaper subscribers receive the weekend (Sunday edition) newspaper for one very important reason -- the advertisements and coupons. What if Google began offering coupons to online merchants? It has entered the market for doing just that as of this morning. When a search is performed at Google Maps, printable coupons will soon appear alongside map search results, as Google courts more local-searching customers and also recruits more small businesses into its network. With Google saying that half of the small businesses in the U.S. don't even have a website, this is a lucrative piece of revenue Google is losing by not making those businesses appear anywhere on the Google network.
If the website does not exist, it can't be indexed by Google, in other words. With local coupons and possibly more small businesses coming into the Google fold soon, will these further speed the demise of the printed newspaper? That's a good question, as there are still many positive aspects about viewing and clipping physical coupons from newspapers that cannot be duplicated by an online alternative. The question to Google is this: What are those positive aspects, and how can they be challenged?
Brian White has worked in various executive positions in technology and telecommunications and now focuses on editing and writing.
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Reader Comments (Page 1 of 1)
8-15-2006 @ 2:55PM
Andy said...
It should really slam the newspapers- better timing and better targeting. Another part of their grand strategy is unfolding.
8-15-2006 @ 7:54PM
Mike Hogan said...
First Craigslist cut out the legs of printed classified ads. Then news syndication hollowed out the newspaper’s day old news. Now Google is looking to suck the air out coupon-based advertising to choke off newspapers. What can newspapers do to strategically address this situation?
To respond to Google coupons, newspapers need the following:
1. Self-service online coupons for local advertisers, they need a lower cost structure for coupons.
2. Syndication of those coupons, to maximize the impact for local vendors…a one stop shop.
3. A mechanism for publishing those coupons locally, with reviews, ratings, tags, etc.
4. Local coupon content
But how can the newspapers, and other sites for that matter, respond with these pieces of the puzzle in time to block the onslaught of Google on their coupon revenue? ZiXXo has all of this and more today. And the newspapers can even offer a branded version of ZiXXo in about 24-hours! The big question is whether they roll-over and play dead or that respond quickly and aggressively.
8-19-2006 @ 2:20PM
Mike Levinzon said...
I'm not sure that this will be another revenue stream for google, it is just not promising.
8-19-2006 @ 3:23PM
Angelica Dumont said...
There is another website that I can recommend to those who shop for coupons and discounts online. I have come across this website and found it very interesting http://www.metrohorse.com
Here people who provide any type of service create an online profile for themselves and offer different discounts for buyers. They can create different coupons, offer discounts and list their prices for differnt services so that we (buyers) can know exactly how much they charge before even contacting them.