Facebook claims its helping move business with real results

Facebook India has claimed that it has started offering unprecedented results for its partners in terms of "moving business".

Written by Nandagopal Rajan | Updated: November 24, 2016 1:45 am
Facebook, Facbook for business, facebook business platform, Samsung, Ford, Facebook India, Facebook business model, Facebook India number, Facebook monthly active users India, social media, technology, technology news Facebook India has claimed that it has started offering unprecedented results for its partners in terms of “moving business”.

Facebook India has claimed that it has started offering unprecedented results for its partners in terms of “moving business”. Umang Bedi, Managing Director, Facebook India and South Asia, attributed it to the fact that this was “only platform with real people”, in effect making it the “largest aggregator of real identities on the planet”.

Listing examples of recent successes, Bedi, who joined the social network a few months back, said Tata Housing was able to sell 280 houses on the platform within a day while Ford and Samsung too experienced similar success. Bedi said his focus was on eight key vertical including financial services, tech, telecom and auto.

India has for sometime been Facebook’s second largest market, but Bedi said the country is clearly the most critical and strategic market for the company. “We contribute $4 billion and 335,000 jobs to India through our marketing, platform and connectivity efforts.” he said, quoting a 2015 Deloitte report. Though he refused to divulge India’s position in terms of revenue, he said it was “leading the charter for emerging markets”.

To help brands make better use of the platform, Facebook has rolled out its Blueprint free creative training modules for businesses. The idea he said was to help them create “thumb stopping” creatives and understand the best practices for mobile first. Blueprint eLearning has hit 1 million enrolment. India ranks as the second largest country signing onto Blueprint. The top five countries include the US, India, Egypt, Brazil and the UK.

“Blueprint has vertical specific narratives. Then it shows various products and how to use them with deep and narrow segmentation as well as broad and wide targets. There is training on how to get maximum reach and maximum frequency. Blueprint really focuses on two things. One is the creative, the other is how do you build a campaign, reach and optimisation. By the way it is for both on and off Facebook,” Bedi told indianexpress.com.

Facebook India in Numbers (Q3)

Monthly Active Users: 166 million

Mobile Active Users: 159 million

Daily Active Users: 85 million

Mobile Daily Active Users: 81 million

India leading the pack

Second largest country for Facebook with 166 million monthly active people

One of the highest percentage of people accessing Facebook monthly, on mobile (95% for both monthly and daily) in APAC.

Top market for WhatsApp with 160 million monthly active users
Over 80M people use Groups each month

One of the top 5 adopters of Workplace ( India, Norway, US, UK, France)

One of the top countries creating Slideshows and Canvas

Largest country for developers building with Facebook outside the US.

Over 80% of top-grossing apps in India are integrated with Facebook