From the Blog

New Revenue Estimation Tool for Local Businesses

Posted in SEO News & Updates

Google just introduced one for mobile, and Yelp, last night, launched its “revenue estimator” for small businesses. The tool is free to all businesses that have claimed their Yelp profiles.

The said revenue estimator is the same for advertisers and non-advertisers. Some say that Yelp might add some additional features for advertisers in the future. However, that remains undetermined.

According to Yelp’s official blog post, this new FREE tool does the math by multiplying customer leads sent from Yelp each month by the business’s average revenue per customer lead. They’ve also included the average spend per customer for each business category for reference, based on the BCG study.

Read the full blog post here:

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