{"id":648819,"date":"2013-03-26T09:47:15","date_gmt":"2013-03-26T13:47:15","guid":{"rendered":"http:\/\/www.webpronews.com\/?p=222387"},"modified":"2013-03-26T09:47:15","modified_gmt":"2013-03-26T13:47:15","slug":"yelp-launches-revenue-estimation-tool","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/648819","title":{"rendered":"Yelp Launches Revenue Estimation Tool"},"content":{"rendered":"<p>Yelp announced the launch of a new &#8220;revenue estimator&#8221; tool, which lets local businesses compare their Yelp-driven business to the national average as found in a recent <a href=\"http:\/\/yelp.typepad.com\/files\/boston-consulting-group-study.pdf\">Boston Consulting Group study<\/a>. According to that study, local businesses with free Yelp accounts saw $8,000 in annual revenue from Yelp. For advertisers, it was $23,000. <\/p>\n<p>This new free tool does the math by multiplying customer leads sent from Yelp each month by the business\u2019s average revenue per customer lead,&#8221; <a href=\"http:\/\/officialblog.yelp.com\/2013\/03\/new-revenue-estimation-tool-for-local-businesses-.html\">explains Yelp<\/a> in a blog post.  We\u2019ve also included the average spend per customer for each business category for reference, based on the BCG study.&#8221;<\/p>\n<p><center><img decoding=\"async\" src=\"http:\/\/cdn.ientry.com\/sites\/webpronews\/pictures\/yelp-revenue-estimator.jpg\" alt=\"Yelp Revenue Estimator\" \/><\/center><\/p>\n<p>&#8220;We think this new tool will be helpful to business owners for two reasons,&#8221; the company adds. &#8220;First, it helps quantify the revenue opportunity Yelp is already sending to each business. Second, it establishes a revenue baseline for prospective advertisers, from which they can later evaluate the impact of their investment in Yelp Ads.&#8221;<\/p>\n<p>Business owners can use the tool when they log in to Yelp. <\/p>\n<p>This isn&#8217;t the only new calculation tool out there available for businesses. <a href=\"http:\/\/www.webpronews.com\/google-launches-tool-to-help-you-calculate-mobile-value-2013-03\">Google just launched one too<\/a>. This one helps you calculate the value of mobile for both online and offline conversions. <\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=aWRBOj5zXIQ:kfoJOrqW3-4:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=aWRBOj5zXIQ:kfoJOrqW3-4:wF9xT3WuBAs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=aWRBOj5zXIQ:kfoJOrqW3-4:wF9xT3WuBAs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=aWRBOj5zXIQ:kfoJOrqW3-4:7Q72WNTAKBA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=aWRBOj5zXIQ:kfoJOrqW3-4:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=aWRBOj5zXIQ:kfoJOrqW3-4:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=aWRBOj5zXIQ:kfoJOrqW3-4:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=aWRBOj5zXIQ:kfoJOrqW3-4:mfZ73u_VV2s\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=aWRBOj5zXIQ:kfoJOrqW3-4:mfZ73u_VV2s\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/webpronews\/all\/~4\/aWRBOj5zXIQ\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yelp announced the launch of a new &#8220;revenue estimator&#8221; tool, which lets local businesses compare their Yelp-driven business to the national average as found in a recent Boston Consulting Group study. According to that study, local businesses with free Yelp accounts saw $8,000 in annual revenue from Yelp. For advertisers, it was $23,000. This new [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-648819","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/648819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=648819"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/648819\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=648819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=648819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=648819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}