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Locality
recognizes that the majority of Web sites created by
national chains and pure Internet e-tailors are strategically
positioned to put the small business owner out of operation.
Locality's research conclusively demonstrates that the
average small business owner is deeply concerned about
the potential threats of the Internet. Unfortunately,
these same small business owners are also confused about
the time, money and hardware necessary to establish
their own Internet strategies. Locality helps "level
the playing field" by providing small businesses
with the electronic tools necessary to compete.The
playing field is leveled through a business-oriented
portal established specifically for business-to-business
and business-to-consumer interaction within local communities
yet accessible anywhere in the world. Value is delivered
to three different market levels: consumers, small
business subscribers and extranet partners.
Consumers
are attracted to a local community site and services
such as a merchant directory, online coupons and community-specific
content. Locality is the premier venue when there is a
need for information that is truly local in nature.
Small
business subscribers are able to access these online
consumers, as well as other small business subscribers
in order to communicate, share ideas, generate leads/referrals,
advertise, bid in auctions, conduct transactions, and
manage their businesses. With a subscription to the
site, a small business owner also receives Intranet
services and is aggregated into industry-specific vertical
communities. These vertical communities represent a
unique knowledge base with the potential for increased
purchasing power. This exposure to customers, coupled
with the availability of electronic business tools,
enable a small business to significantly increase its
competitive position.
Extranet
partners can tap into the vertical communities,
selling to previously unprofitable customers that, due
to aggregation, have become a powerful, new market segment.
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