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A Harvard Business School study published in 2011 found that each "star" in a Yelp rating affected the business owner's sales by 5–9%. [ 131 ] [ 132 ] A 2012 study by two University of California, Berkeley economists found that an increase from 3.5 to 4 stars on Yelp resulted in a 19% increase in the chances of the restaurant being booked ...
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The study finds that a one-star increase in Yelp rating leads to a 5–7% increase in restaurant revenue having a major impact on local restaurants and a lesser impact on big chains [2] A similar study conducted at UC Berkeley reports that a half-star improvement on a five-star rating could make it 30-49% more likely that a restaurant will sell ...
Google (GOOG) is in talks to buy local business-review site Yelp for as much as $500 million, or at least that's what tech industry website TechCrunch is reporting. Yelp, which lets reviewers rate ...
Business-review website Yelp reported 20% more openings last year than in 2022, with big growth in home services and food- and travel-related businesses. Overall, the figures show 40% more ...
Billion Dollar Bully is a documentary film about Yelp and its alleged business practices.The film was directed by Kaylie Milliken and produced by Prost Productions. [2] [3] The film was released on May 21, 2019.