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The second annual 2020 Localized Marketing Benchmark Report, released today (March 24), is a 70-page research project from SOCi (a platform for multi-location marketers) in partnership with Localogy (formerly the Local Search Association). The report examines how top multi-location brands are performing in the top digital channels covering local search, social, and ratings and reviews. Results are broken down by sector (ranging from fitness to restaurants to real estate), and include recommendations for improvement for each category.
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Multi-location brands (most, if not all, franchises) were evaluated on their overall presence, ratings and reviews, and community engagement. Localogy analysts analyzed data from 251 top franchise marketing and property management brands. More than 200,000 locations, 600,000 local pages, and 1 billion reviews were examined and used as the basis for the benchmark scores. Scoring: 100 possible points were awarded based on 23 ranking factors that covered presence (37.5), customer care (45), and engagement (17.5) across the top three digital platforms for localized marketing: Google My Business, Facebook, and Yelp.