Local consumer search behavior trends in Q1 2023
انتشار: خرداد 25، 1402
بروزرسانی: 21 تیر 1404

Local consumer search behavior trends in Q1 2023

Volatility is a way of life in banking and financial services, yet consumers expect a cohesive and intuitive online experience when they search for loan, mortgage, insurance, and other finance-related information.\xa0

Each month from late 2020 to December 2022, our team aggregated and analyzed Google Business Profile (GBP) performance data from over 170,000 enterprise brand locations and shared the resulting\xa0local consumer search trends\xa0on our blog. For the purpose of this research, the term “enterprise” refers to businesses with 50 or more locations.\xa0

Since late last year, business services brands have been battling a tight labor market, rising unit labor costs, and increasing pressure for capital investments in automation to reduce costs.\xa0

Multi-family residential businesses are looking for efficiencies, and there are wins to be had in local marketing strategy by putting automation to work. Rio SEO’s\xa0Local Experience Platform\xa0bridges the gaps between national and local to ensure local listings management, online reputation management, local pages, and insights reporting is always on, working to attract prospects each hour of the day, every day of the week.\xa0

In Q1 2023, we saw local search views, searches, and click volume decline on both a quarterly and annual basis, in every industry we evaluate. However, this reduction in search views and clicks doesn’t necessarily spell trouble for brands and must be viewed through the lens of the pandemic impact.\xa0

Large QoQ declines of 48.2% and 22.4% in total views and search volume didn’t translate as harshly to conversion actions for financial services brands in Q1 2023. Clicks to call, visit the website, or get directions to a branch location or office were down to a lesser degree, each less than 10%.\xa0

From an experience perspective, consumer queries tend to be more complex and higher stakes than when they’re searching for a restaurant or retail store. For example, they may be looking for a clinic that accepts their insurance, or a doctor that provides a certain type of therapy.

Q1 2023 brought quarterly declines of 41.6% in search views and 11.6% local search volume. However, clicks to call rose 13.8% while clicks to website grew 13.5%, indicating that although their informational needs have declined, prospective tenants are still reaching out to engage multi-family residential businesses.

Consider these factors as you review the local search data below and use it to benchmark your locations’ performance.

Business services

business-services-consumer-trends
  • Total views were down 43.6% QoQ and 17.9% YoY in Q1 2023.
  • Total searches were down 26.5% QoQ and 23.6% YoY in Q1 2023.
  • Total clicks were down 13.2% QoQ and 3.1% YoY in Q1 2023.

Healthcare brands should use all applicable attributes and ensure all relevant fields of each location’s GBP are complete and optimized to improve search visibility and deliver the local search experiences patients expect. Read\xa04 research-backed SEO findings to guide your local strategy\xa0to find more ways to improve your healthcare listings.

Multi-family residential

residential-consumer-trends
  • Total views were down 41.6% QoQ and 46.3% YoY in Q1 2023.
  • Total searches were down 11.6% QoQ and 55.5% YoY in Q1 2023.
  • Total clicks were down 2.2% QoQ and 39.4% YoY in Q1 2023.

Large drops in quarterly views and searches translated to smaller declines in conversion actions for\xa0restaurant brands, with clicks to call down 13.9%, clicks to website down 6.3%, and clicks for directions down 17.9% QoQ.\xa0

Sales growth performance dropped in March to its lowest point since July 2022. Both same-store traffic and sales fell slightly from January and February, according to\xa0Black Box Intelligence. However, in the same report, analysts point out that restaurants that improved their average star rating in online reviews saw traffic increase by 3% over three years. Those with a negative change in star rating also saw in-store traffic fall by 1%.\xa0

Despite YoY drops in total searches (-6.9%) and search views (-41.7%) on GBP listings, the hospitality industry saw continued economic recovery in Q1 2023. Clicks for directions to hotels rose 10.4% QoQ and 0.3% YoY in Q1 2023, when\xa0occupancy rose 5.4%\xa0and revenue per available room grew 15.5%.

Conversion actions fell across the board for business services brands in Q1 2023, quarterly and year-over-year. Clicks to call fell furthest of the three types of conversions from Google Business Profile listings with a 13.2% drop. Business services include a variety of brands, including storage facilities, postal and delivery services, fitness studios, IT companies, personal care services, etc., for the purpose of this research.

Although this might result in a noticeable decrease in your view count, it offers your business additional transparency regarding the actual number of individuals viewing your local listings. This level of detail empowers your business to better understand customer behavior and interests, helping you improve engagement with potential customers.

Healthcare brands saw deep declines in search views both YoY and QoQ (-26.8% and -37.1%, respectively). Total searches fell to a lesser extent, while clicks to call, visit the website, or get directions to a location dropped by low single digits.\xa0

Listings accuracy and data integrity are essential in healthcare marketing, where Google classifies content as “YMYL” (Your Money, Your Life) and therefore subjects it to greater scrutiny. Outdated listings, incorrect contact information, and other misinformation in local listings negatively impact customer experience and can erode search engines’ trust in the brand, as well. See how TPMG, a primary care and advanced specialties brand with over 220 locations,\xa0improved its citation accuracy from 57% to 99.4%, growing web impressions and patient feedback scores, as an example of the importance of a clean, accurate online profile.

Local reviews should be a top priority for brands in this sector, as consumer trust has historically been low, and reputation has been identified as an important factor for\xa047%\xa0of consumers seeking financial services. See\xa0these reputation management tips for healthcare brands\xa0to learn more.

Full-service restaurants

full-service-restaurants-consumer-trends
  • Total views were down 45.6% QoQ and 16.5% YoY in Q1 2023.
  • Total searches were down 21.8% QoQ and 29.6% YoY in Q1 2023.
  • Total clicks were down 13.9% QoQ and 19.6% YoY in Q1 2023.

Want to learn more? See our latest\xa0in-depth analysis of Google Business Profile trends by vertical, and catch our\xa02023 Local search ranking factors breakdown\xa0webinar on demand now for more insights to fuel your enterprise local marketing strategy.



منبع: https://www.rioseo.com/blog/local-consumer-search-behavior-trends-in-q1-2023/

Quick-service restaurant conversions from Google local search listings continued their quarterly decline, though not to the same extent as in Q4 2022. In Q1 2023, clicks to call fell 14%, clicks to the website 0.8%, and clicks for directions 5.9% from the previous quarter.\xa0

Online reviews are essential for hotel brands, where customers crave recent, unbiased information about the experiences they might have at any given property. Hotel brands can also use specialty pages to highlight information about on-site spas, restaurants, entertainment venues, and more, including showcasing\xa0first-party reviews\xa0on these pages. Whether business or personal, the traveler’s experience often begins in search, and savvy hotel brands are boosting online visibility and bookings with local experience solutions built for the hospitality business. Learn more about crafting compelling\xa0local experiences for hotel searchers here.

Retail

retail-consumer-trends
  • Total views were down 59.4% QoQ and 44.8% YoY in Q1 2023.
  • Total searches were down 66.2% QoQ and 68.4% YoY in Q1 2023.
  • Total clicks were down 31.8% QoQ and 25.4% YoY in Q1 2023.

Average rents in the U.S.\xa0increased 6%\xa0YoY in Q1, still growing but at a lower rate than in 2022 (9.7%) and 2021 (12.7%). High interest rates, dwindling supply, and affordability constraints kept the housing market cool in the first quarter of the year.\xa0

Quick-service restaurants can stand out in competitive local search listings and appear on more relevant searches by optimizing each location’s GBP with attributes. This is Google’s way of enabling brands to proactively provide information hungry diners often seek: curbside pickup or delivery, parking, accessibility measures, ownership values, and more. Attributes are a great tool for helping potential diners understand how the experience on offer in your brand’s restaurant locations differs from local competitors. Learn how to\xa0make the best use of restaurant attributes here.

Hotels

hotels-consumer-trends
  • Total views were down 49% QoQ and 41.7% YoY in Q1 2023.
  • Total searches were down 6.9% QoQ and 7.4% YoY in Q1 2023.
  • Total clicks were down 23.3% QoQ and 18.8% YoY in Q1 2023.
Even as recession concerns receded, the collapse of Silicon Valley Bank brought fresh turmoil to the banking sector in the first quarter of the year. It was short-lived, however, and initial drops in stock prices recovered by the end of the quarter. The Federal Reserve raised rates twice, and inflation showed signs of slowing in Q1, as well.\xa0

The Omicron variant emerged in the U.S. late in 2021 and caused the\xa0largest global surge in COVID cases\xa0since the pandemic’s start through the first months of 2022. Brands saw dramatic increases in local search interest, views, and conversions as business interruptions heightened consumers’ informational needs.

Discover more ways to personalize the local retail customer’s experience in\xa0this free e-book.

Healthcare

healthcare-consumer-trends
  • Total views were down 37.1% QoQ and 26.8% YoY in Q1 2023.
  • Total searches were down 18.2% QoQ and 23.6% YoY in Q1 2023.
  • Total clicks were down 3.9% QoQ and 2.3% YoY in Q1 2023.

Quarterly declines in search views, volume, and conversions are no surprise given the annual seasonal shopping trend. However, industry reports show that consumers continued to spend despite economic concerns and the impact of inflation in Q1 2023.\xa0U.S. retail sales\xa0grew 7.7% in January and 5.4% YoY in February, according to the U.S. Commerce Department. Executive sentiment is positive in the retail sector, as evidenced by the\xa0Business Roundtable CEO Economic Outlook Index.\xa0

Inflation-pressed consumers may be spending more with retailers they already frequent, making loyalty initiatives a great place to focus in the months ahead. Using SMS messages and emails for post-purchase follow-up, to request reviews, and sharing personalized offers and discounts on future purchases is one way to\xa0build local customer engagement\xa0in such an environment.

Periods with slower inquiries and foot traffic are a great time to focus on preparing local listings and promotions for seasonal upswings, often in the third quarter of the year. See\xa0A complete guide to Local Listings for service businesses\xa0to learn more.

Financial services

financial-services-consumer-trends
  • Total views were down 48.2% QoQ and 39.8% YoY in Q1 2023.
  • Total searches were down 22.4% QoQ and 29.9% YoY in Q1 2023.
  • Total clicks were down 7.2% QoQ and 2.1% YoY in Q1 2023

Restaurant brands and franchises need a technology solution to compile reviews in one dashboard, receive alerts to new reviews, manage review responses, and analyze review sentiment. It’s important to maximize the value of consumer reviews by amplifying their impact with\xa0dynamic embeds on local pages, too.

Quick-service restaurants

quick-service-restaurants-consumer-trends
  • Total views were down 45% QoQ and 27.8% YoY in Q1 2023.
  • Total searches were down 19.8% QoQ and 30.5% YoY in Q1 2023.
  • Total clicks were down 6.4% QoQ and 20.1% YoY in Q1 2023.

It’s also important to note that\xa0Google changed the way “views” metrics are calculated\xa0for brands in February 2023. Before that, every instance of a user viewing a Profile was counted, even if the same user viewed it multiple times within a day. However, the current approach measures views based on unique occurrences. For example, if a user views a Profile three times in a single day, it will now count as a single view.

This blog post marks the first in our transition to quarterly insights. This shift allows us to share more impactful updates and, in turn, more meaningful insights.

Hotels were among the hardest hit throughout the COVID pandemic, and US hotel bankruptcies\xa0spiked in 2021. However, the sector continues to exceed expectations with a Q1 2023\xa0RevPAR 13% higher\xa0than in the opening quarter of 2019, and 17% higher average daily rates.\xa0

Even so, Black Box Intelligence points out that fast casual and quick-service were the restaurant segments with the best in-store traffic results in Q1. Another analyst firm reported in early April that traffic in quick-service restaurants was\xa0approaching Q1 2022 levels when traffic was relatively high due to Omicron recovery traffic.\xa0\xa0