Looking at the Local Marketplace Providers, 1996
The PAFET group [see item about its founding] commissioned the technology consulting group, the Yankee Group, to look at competitors in local markets. In other words, look at who could compete against newspapers for viewers and advertisers. Here’s a touch of the overview:
PAFET has asked the Yankee Group to research the variety of institutions providing localized, Web-based consumer information services. The firms were researched from two perspectives: investment opportunities and partnership opportunities.
- Local content/city-based
- Enhanced Yellow Pages
- Other (combination of both camps/directory services)
On-line services such as AOL’s Digital Cities and Microsoft’s Sidewalk were not covered in this effort.
We evaluated these companies on a series of criteria which were in turn weighted according to strategic importance. These criteria included positioning in four main categories:
1. brand/marketing/sales,
2. corporate and competitive,
3. content and services, and
4. technical
The report gives a snapshot to the time when newspaper companies knew there was danger ahead. How much they were willing to act is another matter.