Trouble and trends, they say, come in threes. Today, a trifecta of deals shows how old-school web companies are engaging in a little retail therapy because they must, and because Wall Street has given them the equivalent of a year-end bonus, thanks to an uplift in tech stocks.
- Amazon is buying Quidsi, the parent of Diapers.com, for $500 million in cash, or roughly 3 times Quidsi’s 2009 sales. Diapers.com is a hit with the mommy set and is on target to generate $300 million in sales for 2010. Amazon will assume $45 million in debt as well.
- QuinStreet, an online marketing and lead-generation company is buying CarInsurance.com for $49.7 million in cash and is expanding its footprint in the insurance business. CarInsurance.com, as the name suggests, sells car insurance online and provides leads to automobile insurers.
- Shutterfly, an online photo service, bought the assets of WMSG Inc., for $6 million and will use these to expand its commercial print-on-demand business. WSMG was in the business of helping deliver direct-marketing campaigns for large companies like Toyota and Dell
Now, while we all like to obsess about what company Google will buy next, the recent wave of M&A shows that it’s actually these old school web companies of a certain age that are looking at a current boom in tech stocks as a way to bolster their businesses. A report from the National Venture Capital Association (NVCA) recently noted that during the third quarter of 2010, there were 104 mergers, a trend they expected to continue. And why not?
Over the past two months, the tech-heavy NASDAQ composite is up almost 500 points or roughly 18.5 percent to over 2800. According to a report in the Wall Street Journal, the tech stocks in the S&P 500 are trading at 13.9 times their forward earnings, versus the average of 12.7 times for the entire index. The current rally in technology stocks is driven by profits and growing sales for companies such as QuinStreet and Amazon.
QuinStreet’s stock is up 60 percent over the past three months, while Amazon has seen its stock jump 40 percent since early September, and Shutterfly shares have climbed over 35 percent since August of this year. Positive earnings are only adding to their coffers, which in turn means they can be used to beef up their businesses.
For related research check out GigaOM Pro (subscription required):
- Cleantech Financing Trends 2010 & Beyond
- Report: U.S. Mobile Venture Capital Investment, Q2 2010
- Motives and Possibilities for a Big Apple Acquisition
Conde Nast confirmed today what Keith Kelly had been hearing earlier this month -- that Conde Nast Digital is about to undergo a major re-organization. The digital sales team is being absorbed into Conde Nast Media Group and individual brands will now be responsible for their own digital sales and marketing efforts.
The restructuring is part of new president Bob Sauerberg's broader reorientation of Conde Nast's business model, which is moving away from a long standing reliance on print ad sales and becoming more focused on consumer revenue.
The news comes just one day after Conde Nast announced that its Style.com site was immediately being moved into the company's Fairchild Fashion Group, and that Adobe rather than Conde Nast Digital would develop all of its future tablet offerings.
Here's more about the re-org via press release:
New York, N.Y., October 26, 2010— Condé Nast will realign its sales and marketing organization across the company to focus on brand centricity and drive growth and innovation, it was announced today by Charles H. Townsend, C.E.O. The Condé Nast Media Group continues its evolution as a leading provider of multi-platform, multi-brand comprehensive offerings as all sales and marketing at the corporate level come together under Lou Cona, Chief Marketing Officer. Content for the vast majority of magazine web-sites is already managed at the brand level and now the brands will also become responsible for the digital sales and marketing. CN Digital will now focus on developing and implementing the corporate digital growth strategy as well as oversee content and operations for emerging digital businesses. These structural changes represent a significant step towards realizing the strategic focus announced by the company in July. A transition schedule for the changes will begin immediately and continue throughout 2011.
“This is the next step towards capitalizing on what we see as unparalleled opportunity for Condé Nast to further extend its leadership position, create impactful media offerings for advertisers, and deliver cross platform products that will deepen consumer connectivity,” said Mr. Townsend.
The organizational implications of this realignment are as follows:
In order to promote a more effective go-to-market approach and seamless access to brand assets, the Condé Nast Digital sales and marketing team will join CNMG to form one multi-platform, multi-brand unit.
“Condé Nast Digital brings tremendous power to the portfolio of assets we are able to offer the marketplace,” said Lou Cona, Chief Marketing Officer Condé Nast. “By integrating its sales and marketing expertise into the Media Group, we are positioned for maximum growth and are better aligned with the industry.”
Drew Schutte, currently SVP, Chief Revenue Officer of Condé Nast Digital, will become EVP, Chief Integration Officer for Condé Nast Media Group, serving as the primary liaison between the brand publishers and CNMG, reporting to Mr. Cona. He will oversee all pricing, planning, and creative marketing in support of the integration of print and digital, single-site brands. Josh Stinchcomb, currently Publisher, Internet Sales Group, will become VP of Digital Sales for Condé Nast, reporting to Mr. Cona and working to integrate digital sales.
Brands Become Responsible for Digital Sales & Marketing
To optimize brand revenue growth, responsibility for single-site, digital sales and marketing-- currently handled by Condé Nast Digital—will migrate to the brand level. Publishers will now fully leverage their offerings across all platforms.
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger
Trouble and trends, they say, come in threes. Today, a trifecta of deals shows how old-school web companies are engaging in a little retail therapy because they must, and because Wall Street has given them the equivalent of a year-end bonus, thanks to an uplift in tech stocks.
- Amazon is buying Quidsi, the parent of Diapers.com, for $500 million in cash, or roughly 3 times Quidsi’s 2009 sales. Diapers.com is a hit with the mommy set and is on target to generate $300 million in sales for 2010. Amazon will assume $45 million in debt as well.
- QuinStreet, an online marketing and lead-generation company is buying CarInsurance.com for $49.7 million in cash and is expanding its footprint in the insurance business. CarInsurance.com, as the name suggests, sells car insurance online and provides leads to automobile insurers.
- Shutterfly, an online photo service, bought the assets of WMSG Inc., for $6 million and will use these to expand its commercial print-on-demand business. WSMG was in the business of helping deliver direct-marketing campaigns for large companies like Toyota and Dell
Now, while we all like to obsess about what company Google will buy next, the recent wave of M&A shows that it’s actually these old school web companies of a certain age that are looking at a current boom in tech stocks as a way to bolster their businesses. A report from the National Venture Capital Association (NVCA) recently noted that during the third quarter of 2010, there were 104 mergers, a trend they expected to continue. And why not?
Over the past two months, the tech-heavy NASDAQ composite is up almost 500 points or roughly 18.5 percent to over 2800. According to a report in the Wall Street Journal, the tech stocks in the S&P 500 are trading at 13.9 times their forward earnings, versus the average of 12.7 times for the entire index. The current rally in technology stocks is driven by profits and growing sales for companies such as QuinStreet and Amazon.
QuinStreet’s stock is up 60 percent over the past three months, while Amazon has seen its stock jump 40 percent since early September, and Shutterfly shares have climbed over 35 percent since August of this year. Positive earnings are only adding to their coffers, which in turn means they can be used to beef up their businesses.
For related research check out GigaOM Pro (subscription required):
- Cleantech Financing Trends 2010 & Beyond
- Report: U.S. Mobile Venture Capital Investment, Q2 2010
- Motives and Possibilities for a Big Apple Acquisition
Conde Nast confirmed today what Keith Kelly had been hearing earlier this month -- that Conde Nast Digital is about to undergo a major re-organization. The digital sales team is being absorbed into Conde Nast Media Group and individual brands will now be responsible for their own digital sales and marketing efforts.
The restructuring is part of new president Bob Sauerberg's broader reorientation of Conde Nast's business model, which is moving away from a long standing reliance on print ad sales and becoming more focused on consumer revenue.
The news comes just one day after Conde Nast announced that its Style.com site was immediately being moved into the company's Fairchild Fashion Group, and that Adobe rather than Conde Nast Digital would develop all of its future tablet offerings.
Here's more about the re-org via press release:
New York, N.Y., October 26, 2010— Condé Nast will realign its sales and marketing organization across the company to focus on brand centricity and drive growth and innovation, it was announced today by Charles H. Townsend, C.E.O. The Condé Nast Media Group continues its evolution as a leading provider of multi-platform, multi-brand comprehensive offerings as all sales and marketing at the corporate level come together under Lou Cona, Chief Marketing Officer. Content for the vast majority of magazine web-sites is already managed at the brand level and now the brands will also become responsible for the digital sales and marketing. CN Digital will now focus on developing and implementing the corporate digital growth strategy as well as oversee content and operations for emerging digital businesses. These structural changes represent a significant step towards realizing the strategic focus announced by the company in July. A transition schedule for the changes will begin immediately and continue throughout 2011.
“This is the next step towards capitalizing on what we see as unparalleled opportunity for Condé Nast to further extend its leadership position, create impactful media offerings for advertisers, and deliver cross platform products that will deepen consumer connectivity,” said Mr. Townsend.
The organizational implications of this realignment are as follows:
In order to promote a more effective go-to-market approach and seamless access to brand assets, the Condé Nast Digital sales and marketing team will join CNMG to form one multi-platform, multi-brand unit.
“Condé Nast Digital brings tremendous power to the portfolio of assets we are able to offer the marketplace,” said Lou Cona, Chief Marketing Officer Condé Nast. “By integrating its sales and marketing expertise into the Media Group, we are positioned for maximum growth and are better aligned with the industry.”
Drew Schutte, currently SVP, Chief Revenue Officer of Condé Nast Digital, will become EVP, Chief Integration Officer for Condé Nast Media Group, serving as the primary liaison between the brand publishers and CNMG, reporting to Mr. Cona. He will oversee all pricing, planning, and creative marketing in support of the integration of print and digital, single-site brands. Josh Stinchcomb, currently Publisher, Internet Sales Group, will become VP of Digital Sales for Condé Nast, reporting to Mr. Cona and working to integrate digital sales.
Brands Become Responsible for Digital Sales & Marketing
To optimize brand revenue growth, responsibility for single-site, digital sales and marketing-- currently handled by Condé Nast Digital—will migrate to the brand level. Publishers will now fully leverage their offerings across all platforms.
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger
eric seiger
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger
Trouble and trends, they say, come in threes. Today, a trifecta of deals shows how old-school web companies are engaging in a little retail therapy because they must, and because Wall Street has given them the equivalent of a year-end bonus, thanks to an uplift in tech stocks.
- Amazon is buying Quidsi, the parent of Diapers.com, for $500 million in cash, or roughly 3 times Quidsi’s 2009 sales. Diapers.com is a hit with the mommy set and is on target to generate $300 million in sales for 2010. Amazon will assume $45 million in debt as well.
- QuinStreet, an online marketing and lead-generation company is buying CarInsurance.com for $49.7 million in cash and is expanding its footprint in the insurance business. CarInsurance.com, as the name suggests, sells car insurance online and provides leads to automobile insurers.
- Shutterfly, an online photo service, bought the assets of WMSG Inc., for $6 million and will use these to expand its commercial print-on-demand business. WSMG was in the business of helping deliver direct-marketing campaigns for large companies like Toyota and Dell
Now, while we all like to obsess about what company Google will buy next, the recent wave of M&A shows that it’s actually these old school web companies of a certain age that are looking at a current boom in tech stocks as a way to bolster their businesses. A report from the National Venture Capital Association (NVCA) recently noted that during the third quarter of 2010, there were 104 mergers, a trend they expected to continue. And why not?
Over the past two months, the tech-heavy NASDAQ composite is up almost 500 points or roughly 18.5 percent to over 2800. According to a report in the Wall Street Journal, the tech stocks in the S&P 500 are trading at 13.9 times their forward earnings, versus the average of 12.7 times for the entire index. The current rally in technology stocks is driven by profits and growing sales for companies such as QuinStreet and Amazon.
QuinStreet’s stock is up 60 percent over the past three months, while Amazon has seen its stock jump 40 percent since early September, and Shutterfly shares have climbed over 35 percent since August of this year. Positive earnings are only adding to their coffers, which in turn means they can be used to beef up their businesses.
For related research check out GigaOM Pro (subscription required):
- Cleantech Financing Trends 2010 & Beyond
- Report: U.S. Mobile Venture Capital Investment, Q2 2010
- Motives and Possibilities for a Big Apple Acquisition
Conde Nast confirmed today what Keith Kelly had been hearing earlier this month -- that Conde Nast Digital is about to undergo a major re-organization. The digital sales team is being absorbed into Conde Nast Media Group and individual brands will now be responsible for their own digital sales and marketing efforts.
The restructuring is part of new president Bob Sauerberg's broader reorientation of Conde Nast's business model, which is moving away from a long standing reliance on print ad sales and becoming more focused on consumer revenue.
The news comes just one day after Conde Nast announced that its Style.com site was immediately being moved into the company's Fairchild Fashion Group, and that Adobe rather than Conde Nast Digital would develop all of its future tablet offerings.
Here's more about the re-org via press release:
New York, N.Y., October 26, 2010— Condé Nast will realign its sales and marketing organization across the company to focus on brand centricity and drive growth and innovation, it was announced today by Charles H. Townsend, C.E.O. The Condé Nast Media Group continues its evolution as a leading provider of multi-platform, multi-brand comprehensive offerings as all sales and marketing at the corporate level come together under Lou Cona, Chief Marketing Officer. Content for the vast majority of magazine web-sites is already managed at the brand level and now the brands will also become responsible for the digital sales and marketing. CN Digital will now focus on developing and implementing the corporate digital growth strategy as well as oversee content and operations for emerging digital businesses. These structural changes represent a significant step towards realizing the strategic focus announced by the company in July. A transition schedule for the changes will begin immediately and continue throughout 2011.
“This is the next step towards capitalizing on what we see as unparalleled opportunity for Condé Nast to further extend its leadership position, create impactful media offerings for advertisers, and deliver cross platform products that will deepen consumer connectivity,” said Mr. Townsend.
The organizational implications of this realignment are as follows:
In order to promote a more effective go-to-market approach and seamless access to brand assets, the Condé Nast Digital sales and marketing team will join CNMG to form one multi-platform, multi-brand unit.
“Condé Nast Digital brings tremendous power to the portfolio of assets we are able to offer the marketplace,” said Lou Cona, Chief Marketing Officer Condé Nast. “By integrating its sales and marketing expertise into the Media Group, we are positioned for maximum growth and are better aligned with the industry.”
Drew Schutte, currently SVP, Chief Revenue Officer of Condé Nast Digital, will become EVP, Chief Integration Officer for Condé Nast Media Group, serving as the primary liaison between the brand publishers and CNMG, reporting to Mr. Cona. He will oversee all pricing, planning, and creative marketing in support of the integration of print and digital, single-site brands. Josh Stinchcomb, currently Publisher, Internet Sales Group, will become VP of Digital Sales for Condé Nast, reporting to Mr. Cona and working to integrate digital sales.
Brands Become Responsible for Digital Sales & Marketing
To optimize brand revenue growth, responsibility for single-site, digital sales and marketing-- currently handled by Condé Nast Digital—will migrate to the brand level. Publishers will now fully leverage their offerings across all platforms.
eric seiger
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger eric seiger
eric seiger
eric seiger
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
The increase in the usage of the Internet as both a vital marketing tool and a place for commerce has meant that traditional advertising and marketing firms have had to become more dynamic in their approach to client satisfaction. One website in particular that seems to exemplify this new wave of online marketing firms is Mindcomet, which combines interactive marketing consulting and technology development to create what their website calls “relationship synthesis.” Essentially, Mindcomet’s approach creates a full-circle approach from conception through execution that involves not only marketers and clients, but media consultants and others with different perspectives on what works in internet marketing.
Founded in 1999, Mindcomet is headquartered in Orlando, Florida, with satellite offices in Atlanta, New York City, Los Angeles, and Austin, Texas. Mindcomet offers a full range of e-marketing tools on its website and is constantly developing new tools to fulfill customer needs. On the Mindcomet website, there are offerings to businesses and individuals interested in marketing for traffic generation, online communications, eLearning and web hosting, among other crucial marketing tools. As well, the website offers a great marketing portfolio utilizing all of these tools and a client portfolio that is quite impressive.
The most important aspect of the site, however, is that it is easy to navigate and it is aesthetically pleasing. The image presented by a marketing and consulting firm is much more crucial to success in the e-commerce world than the regular business world because of the sheer amount of competition among web sites. Mindcomet lacks nothing in the navigability of the various tools and resources and both Mindcomet personnel and satisfied customers are featured on the site giving video testimonials to the power of internet marketing. For small businesses looking to move up in their particular market or big businesses looking to distinguish themselves among their competitors, Mindcomet offers the most dynamic internet market consulting at present.
To find out more about Mindcomet, go to http://www.mindcomet.com.
http://www.counttrackula.com/tracker/image/182/1150
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger
Google <b>News</b> enhanced for mobiles - Pocket-lint
Google News enhanced for mobiles - Easier navigation for your fat fingers.
Arrowheadlines: Chiefs <b>News</b> 11/10 - Arrowhead Pride
Good morning Kansas City Chiefs fans! Another full day of news for you. DJ, Special Teams, Parity, and this Sunday's opponent wait below. Enjoy.
Craig Crawford: NBC '<b>News</b>' Is What Fox Says It Is
Cool, NBC's mere slap on the wrist for an anchor who gave thousands to Democratic candidates simply confirms that one of our major news organizations has made a partisan choice. Lord knows we need a counterpoint to the Republican ...
eric seiger
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