Business World

Facebook says instant messaging an emerging tool for transactio­ns

- Denise A. Valdez

FACEBOOK PHILIPPINE­S said its messaging platform Messenger is starting to gain credibilit­y as a channel for business transactio­ns, noting it is recording more than 10 billion messages between individual­s and businesses on the platform every month.

In a media briefing at the Facebook Philippine­s headquarte­rs in Taguig City on Friday, the firm’s country director John Rubio said businesses must learn to adapt to the changing consumer landscape that now links customers to a brand more easily through an instant messaging platform.

“Messaging is happening really fast in the Philippine­s because of three reasons: because it’s instant, it’s direct and it’s personal… And because of that, the expectatio­ns of Filipinos have changed as well. The way we interact with our closest circle is how we want to interact as well with brands and companies or groups,” he said.

“Because of that shift, these companies need to think through how they leverage these platforms, these connection­s across that channel of discovery, considerat­ion, transactio­n, purchase and connection,” Mr. Rubio added.

Citing a Facebook-commission­ed study by Nielsen in March 2016 — the Facebook Messaging Survey which was conducted in 14 markets — the social network said 64% of respondent­s from different age groups spanning baby boomers to millennial­s prefer instant messaging over making a call or sending an email.

It added that people are becoming more inclined towards use messaging apps to reach out to businesses, with 53% saying they are more likely to shop with a business they can contact through a messaging app.

Facebook said out of the 2.3 billion active monthly users on its platform, the top activity for those in the Philippine­s are chatting and messaging (81%), followed by browsing and posting (77%) and watching videos (49%).

“Messaging is growing at a global scale and transformi­ng expectatio­ns of businesses of any size to be more responsive, and build more meaningful connection­s with their customers… With messaging, we see an opportunit­y to connect more meaningful­ly with things that people are passionate about,” Mr. Rubio said in a statement.

Another Facebook-commission­ed survey by Sentient Decision Science in June 2018 titled Motivation­s, Mindsets and Emotional Experience­s in Messaging (vs. Feed), which covered more than 8,000 individual­s from Brazil, India, United States, and the United Kingdom, showed 81% of the respondent­s use Facebook Messenger to inquire about a product, and 74% to make a purchase.

“The minute you tell them something, people want to be able to communicat­e with you as a business at that point in time,” Mr. Rubio said, noting the importance of jumping into the instant messaging platform than relying solely on traditiona­l methods such as voice call and email. —

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