GITNUX MARKETDATA REPORT 2024

The Most Surprising Yelp Statistics And Trends in 2024

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Yelp is an online platform that connects people with local businesses. It has become one of the most popular review sites, and it’s easy to see why: Yelp offers a wealth of information about restaurants, shops, services and more. In this blog post we will be looking at some interesting statistics related to Yelp usage and its impact on business owners. We’ll explore how many reviews are posted each year, who uses the app most often, what percentage of users make purchases after searching for nearby businesses on the app and much more. So let’s dive in and take a closer look at these fascinating facts about Yelp.

The Most Important Statistics
Yelp has over 224 million reviews on its website.

The sheer magnitude of Yelp’s 224 million reviews is a testament to its immense popularity and influence. This staggering number of reviews is a clear indication of the trust and confidence that Yelp has earned from its users, and speaks to the platform’s ability to provide reliable and helpful information. This statistic is a powerful reminder of the impact Yelp has had on the way people make decisions about where to eat, shop, and more. Yelp was founded in October 2004.

This statistic is significant in the context of a blog post about Yelp Statistics because it serves as a benchmark for the company’s growth and success over the years. It provides a starting point to measure the company’s progress and accomplishments since its inception.

Yelp Statistics Overview

Approximately 29% of Yelp reviews have a 5-star rating.

This statistic is a testament to the power of Yelp reviews; it shows that the majority of users are satisfied with the services they receive. This indicates that Yelp is a reliable source for customers to find quality businesses and services. Furthermore, this statistic is a great indicator of the overall success of Yelp as a platform, as it demonstrates that users are finding value in the reviews they read.

Yelp has more than 5.5 million local businesses claimed on their website.

This statistic is a testament to the sheer magnitude of Yelp’s reach and influence. With over 5.5 million local businesses claimed on their website, Yelp has become a go-to resource for customers looking to find the best local businesses. This statistic is a powerful indicator of the impact Yelp has had on the local business landscape.

Yelp generates around 89% of its revenue from local advertisers.

This statistic is a testament to the power of Yelp’s local advertising capabilities. It demonstrates the company’s ability to effectively reach and engage local businesses, providing them with a platform to promote their services and products. This is an invaluable asset for Yelp, as it allows them to generate a significant portion of their revenue from local advertisers.

Yelp app users spent more than 18 billion minutes on the app in Q4 2020.

This statistic is a testament to the immense popularity of the Yelp app, demonstrating that users are spending an incredible amount of time engaging with the app. It speaks to the value that Yelp provides to its users, as they are dedicating a significant portion of their day to using the app. This statistic is a powerful indicator of the success of Yelp and its ability to provide a valuable service to its users.

Yelp’s estimated annual revenue in 2020 was $872 million.

The fact that Yelp’s estimated annual revenue in 2020 was $872 million is a testament to the company’s success and growth over the years. It is a clear indication that Yelp is a major player in the online review industry and is continuing to expand its reach and influence. This statistic is a great example of how Yelp has become an integral part of the online review landscape and is a key factor in the success of many businesses.

Yelp’s monthly average users in the United States were 28 million in Q4 2020.

The fact that Yelp’s monthly average users in the United States were 28 million in Q4 2020 is a testament to the platform’s immense popularity and reach. It is a clear indication that Yelp is a trusted source for reviews and recommendations, and that it is a go-to destination for millions of people looking for information about businesses and services. This statistic is a powerful reminder of the impact Yelp has had on the way people search for and discover businesses.

Yelp is used in over 32 countries and in 14 languages.

The fact that Yelp is used in over 32 countries and 14 languages is a testament to its global reach and influence. It speaks to the power of Yelp’s platform, which has enabled it to become a go-to source for reviews and recommendations around the world. This statistic is a reminder of the impact Yelp has had on the way people discover and share information about businesses and services.

Over 61% of the Yelp reviews are written by women.

This statistic is significant in the context of a blog post about Yelp Statistics because it demonstrates the power of female voices in the Yelp community. It shows that women are actively engaging with the platform and providing valuable feedback to businesses. This statistic also highlights the importance of creating an inclusive and diverse environment on Yelp, where all voices are heard and respected.

Yelp had nearly 4.4 million desktop unique visitors in the United States in January 2021.

This statistic is a testament to the power of Yelp as a platform for businesses to reach potential customers. It shows that Yelp is a popular destination for people looking for information about businesses, and that businesses can benefit from having a presence on the platform. This statistic is also important for understanding the overall health of the Yelp platform, as it provides insight into how many people are using the platform and how much engagement it is generating.

The Yelp app is downloaded approximately six million times per year.

This statistic is a testament to the immense popularity of the Yelp app, demonstrating that it is a widely used and trusted source for reviews and recommendations. It is a powerful indicator of the app’s success and its ability to provide users with a reliable and convenient way to find the best businesses in their area. This statistic is an important part of any blog post about Yelp Statistics, as it provides a clear picture of the app’s success and its impact on the lives of its users.

Around 73% of Yelp’s traffic comes from their mobile app.

This statistic is a testament to the power of Yelp’s mobile app, demonstrating that the majority of users are accessing the platform through their phones. This is an important insight for businesses looking to leverage Yelp for marketing purposes, as it highlights the importance of optimizing their presence on the app to maximize visibility and engagement.

Restaurants that have a 3.5-star rating on Yelp have a 63% chance of being full on a given night.

This statistic is a valuable insight into the success of restaurants on Yelp. It shows that restaurants with a 3.5-star rating have a high likelihood of being full on any given night, indicating that customers are satisfied with the quality of the food and service. This is an important factor for potential customers to consider when deciding which restaurant to visit, and it is a useful piece of information for restaurant owners to keep in mind when evaluating their business.

Conclusion

Yelp is an incredibly popular platform for businesses and consumers alike. With over 224 million reviews, 5.5 million local businesses claimed on their website, and 28 million monthly average users in the United States alone, it’s clear that Yelp has become a major player in the online review space. Additionally, 75% of Yelp users are searching for nearby businesses while on-the-go and 61% of all reviews are written by women – showing how diverse its user base is. Furthermore, with 89% of revenue coming from local advertisers as well as 6 million app downloads per year and 4.4 million desktop unique visitors to the site each month – it’s no wonder why so many people rely on Yelp when making decisions about where to eat or shop locally.

References

0. – https://www.foodrepublic.com

1. – https://www.review42.com

2. – https://www.statista.com

3. – https://www.yelp.com

4. – https://www.yelp-press.com

WifiTalents, cited April 2024: Yelp

FAQs

What is the primary function of Yelp?

The primary function of Yelp is to provide a platform where users can search, review, and recommend local businesses, such as restaurants, hair salons, and home services.

What are the key factors that affect the ranking of businesses on Yelp?

The key factors that affect the ranking of businesses on Yelp are the number of reviews, the average star rating, the recency of reviews, and the user's location.

What is the scale of Yelp's rating system?

Yelp's rating system consists of a 5-star scale, with 1-star being the lowest rating and 5-stars being the highest rating.

How does Yelp generate revenue?

Yelp generates revenue primarily through advertising services it offers to local businesses, such as sponsored listings and targeted advertisements.

Which year was Yelp founded?

Yelp was founded in 2004 by Jeremy Stoppelman and Russel Simmons.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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