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1. hbswk.hbs.edu › item › the-yelp-factor-are-consumerThe Yelp Factor: Are Consumer Reviews Good for Business?

   hbswk.hbs.edu › item › the-yelp-factor-are-consumer

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   Oct 24, 2011 · When the dust settled, Luca determined that each ratings star added on a Yelp review translated to anywhere from a 5 percent to 9 percent effect on revenues (depending on the control variables and means of estimation)—more than he had expected.

2. risingstarreviews.com › yelp-ratings › yelp-fact-sheetThe Data of Yelp Reviews - Rising Star Reviews

   risingstarreviews.com › yelp-ratings › yelp-fact-sheet

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   This Yelp fact sheet shows evidence below of the connection between Yelp’s star ratings, review quantity, and small business sales. Your business needs 4.5 or 5 stars on Yelp just to be considered above average. For you to get more sales from Yelp, you need to beat your local competitors.

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3. Videos

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     2:50

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     Does Yelp Really Impact Businesses?

     Sep 7, 2013

     42.9K Views

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     Here's how Yelp reviews affect restaurant success

     Feb 4, 2021

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     2:05

     youtube.com

     Yelp reviews not recommended - Yelp- recommended reviews vs not recommended

     Aug 9, 2018

     3.2K Views

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4. perfectlyoptimized.com › yelp-pros-consUnderstanding Yelp for Business - Pros & Cons | Perfectly ...

   perfectlyoptimized.com › yelp-pros-cons

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   Discover in-depth analysis of Yelp's pros and cons. Learn how Yelp can impact your business, how to handle negative reviews, and explore alternatives.

   • Location: 229 NW 9th St #210B, | Oklahoma City, 73034

   • Phone: (405) 373-6870

5. www.harvardmagazine.com › 2011 › 10HBS Study Finds Positive Yelp Reviews Boost Business

   www.harvardmagazine.com › 2011 › 10

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   Oct 5, 2011 · A new study by Harvard Business School assistant professor Michael Luca finds that a positive evaluation on the popular review site Yelp.com does, in fact, appear to lead to increased business for restaurants.

6. blog.reputationx.com › are-online-reviews-reliableAssessing Yelp Reviews: Reliability & Online Reputation ...

   blog.reputationx.com › are-online-reviews-reliable

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   Apr 10, 2024 · How important are Yelp reviews to business? Yelp reviews can have a tremendous impact on businesses – especially in the hospitality, retail, and service industries. On average, each additional one-star Yelp rating causes a 9 percent increase in business revenue.

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7. www.hbs.edu › faculty › PagesReviews, Reputation, and Revenue: The Case of Yelp.com

   www.hbs.edu › faculty › Pages

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   I present three findings about the impact of consumer reviews on the restaurant industry: (1) a one-star increase in Yelp rating leads to a 5-9 percent increase in revenue, (2) this effect is driven by independent restaurants; ratings do not affect restaurants with chain affiliation, and (3) chain restaurants have declined in market share as ...

8. People also ask

   Do Yelp reviews increase business revenue?

   • Yelp reviews can have a tremendous impact on businesses – especially in the hospitality, retail, and service industries. On average, each additional one-star Yelp rating causes a 9 percent increase in business revenue.

   Are Yelp Reviews Reliable? Ratings Make or Break a Business. - Reputati…

   blog.reputationx.com/are-online-reviews-reliable

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   Does Yelp rating affect sales?

   • The fact is that Yelp’s average star rating directly impacts sales. An extensive study by Harvard Business School found that a 1-star increase in Yelp rating can lead to a 5% to 9% increase in revenue. 4

   Yelp Fact Sheet (The Good, Bad & Ugly) - Rising Star Reviews

   risingstarreviews.com/yelp-ratings/yelp-fact-sheet/

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   How do Yelp reviews affect a restaurant's success?

   • In order to establish causality between reviews and a restaurant's success, Luca took advantage of the fact that Yelp rounds its ratings to the nearest half-star-so, for example, a 3.26 rating would be rounded up to 3.5 stars, and a 3.24 rating would be rounded down to 3 stars.

   The Yelp Factor: Are Consumer Reviews Good for Business?

   hbswk.hbs.edu/item/the-yelp-factor-are-consumer-reviews-good-for-business

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   Are Yelp reviews good or bad?

   • Luca has been following up his initial research to determine how review sites can do just that. He notes that consistency of reviews were weakest when there were a low number—supporting the criticism by those restaurants that blame Yelp for killing business with a couple of bad reviews.

   The Yelp Factor: Are Consumer Reviews Good for Business?

   hbswk.hbs.edu/item/the-yelp-factor-are-consumer-reviews-good-for-business

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9. www.spoton.com › blog › how-to-boost-yelp-reviewsHow to improve your Yelp rating in 4 easy steps - Heart & Hustle

   www.spoton.com › blog › how-to-boost-yelp-reviews

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   Jan 24, 2024 · Talk to any Yelp users and they'll tell you that lower ratings will turn them off from visiting a local business. In contrast, higher Yelp ratings make them more likely to try out someplace new. If you're a business owner or restaurant operator, this is good news.