Hello again!  In our last installment, we told you about Yelp’s business model, their online and in-person presence, their users and growth.  In this installment, we give you concrete advice on how to leverage Yelp to add value to your business.

How you can harness the power of Yelp

1. Claim you free business listing on Yelp

This is so incredibly easy and free.  It gives you the opportunity to put your business out there and not wait for a good Samaritan (or Yelper, in the case) or the dreaded D&B to list your business.  Your business will come up when people search either on the mobile app or the actual website.  You have the ability to post photos, give a detailed business description, list the business history, and your specialties.  Also, Yelp has free business tools associated with the business accounts, like how many page views you’re gotten or how your business comes up in searches.  Pretty cool.

2. Host or sponsor a Yelp event

If your business is in a city with an active Yelp community, consider hosting a special event for the Yelpers.  This is a great way to get Yelpers in your business and introduce yourself to the community at large.   Contact your local community manager for more details about this.

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If you are unfamiliar with Yelp.com, as I imagine many people are, given the percentage of times I tell someone I am an Elite Yelper and they say, “What’s that?,” it is time to get familiar.

On March 2, 2012, Yelp hosted their IPO with shares closing at $15 a share, 64% higher than anticipated.  Nearly 6 million people use Yelp’s mobile app to find businesses near to them and 66 million unique users visit the website per month.  Some of the top Yelp communities in America are in San Francisco (where it was founded), L.A., New York, and Austin (of course!).

Why is this important to you?  If you are a small business owner, Yelp can be used to add value to your business by leveraging social strategies to increase visibility of your business in your community.  That is, unless you have poor customer service or are peddling a poor product, then Yelp can be your worst enemy.   Let’s assume you have a nice small business, be it a restaurant or food trailer, day spa, clothing store, salon, day care, gym, or what-have-you.

Why Yelp is Good for Your Awesome Small Business:

1. Yelp is Mobile

Both dedicated and casual Yelpers look up businesses on the mobile app.  I found it especially useful when traveling since the app allows you to look for places meeting your criteria within a certain distance (2 blocks, 6 blocks, etc).  One author called this “enabling hyper local neighborhood searches” and this is the reason that many people prefer Yelp for local business searches to Google.  Yelp’s directions to your business are also superior to any I have seen on the web or on apps.  In New York, it even told me which subway to take since I was on foot.  That’s pretty cool.

2. Yelp is Trusted

66 million users per month and growing 80% per year.  Mm-hmm, people trust Yelp.

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