{"id":3005,"date":"2015-11-30T16:00:47","date_gmt":"2015-11-30T10:30:47","guid":{"rendered":"http:\/\/rankwatch.com\/blog\/?p=3005"},"modified":"2023-07-07T19:17:42","modified_gmt":"2023-07-07T13:47:42","slug":"facebooks-new-feature-local-insights-for-local-business","status":"publish","type":"post","link":"https:\/\/www.rankwatch.com\/blog\/facebooks-new-feature-local-insights-for-local-business\/","title":{"rendered":"Facebook&#8217;s New Feature: Local Insights for Local Business"},"content":{"rendered":"<p dir=\"ltr\">In its recent quarterly earnings, Facebook revealed that the site is visited by an average of \u00a01.1 billion users every day. Many of these users did so on the move, with the company attributing 78% of its $4.29bn advertising revenue to mobile. Facebook keeps a track of not only where you go online, but also where you go in the real world. It recently decided to share some of this information to the benefit of marketers. Hence, on 5th November it rolled out a pretty amazing feature for pages in the U.S. called \u201cLocal Insights\u201d.<\/p>\n<h2 dir=\"ltr\">Overview<\/h2>\n<p dir=\"ltr\">This feature will enable business owners to learn more about the people who are in vicinity of their stores. The tool will also show the percentage of people who saw the brand\u2019s ad on facebook. Facebook will give suggestions to marketers for customizing their ads when people are nearby. This would lead to more foot traffic into stores.<\/p>\n<p dir=\"ltr\">It will be relatively easier now for local business marketers to connect the dots between their online ads and the foot traffic around their various store locations.<\/p>\n<p dir=\"ltr\">The feature comes at a time when cellphone carriers are also trying to provide companies with marketing data about their customer\u2019s movements and demographics, based on the information of their subscribers.<\/p>\n<h2 dir=\"ltr\"><a href=\"https:\/\/i0.wp.com\/www.rankwatch.com\/blog\/wp-content\/uploads\/2015\/11\/Local-Insights-.png?ssl=1\" rel=\"attachment wp-att-3897\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-3897\" src=\"https:\/\/i0.wp.com\/www.rankwatch.com\/blog\/wp-content\/uploads\/2015\/11\/Local-Insights-.png?resize=640%2C455&#038;ssl=1\" alt=\"Facebook-Local-Insights\" width=\"640\" height=\"455\" srcset=\"https:\/\/i0.wp.com\/www.rankwatch.com\/blog\/wp-content\/uploads\/2015\/11\/Local-Insights-.png?w=657&amp;ssl=1 657w, https:\/\/i0.wp.com\/www.rankwatch.com\/blog\/wp-content\/uploads\/2015\/11\/Local-Insights-.png?resize=300%2C213&amp;ssl=1 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" data-recalc-dims=\"1\" \/><\/a><\/h2>\n<h2 dir=\"ltr\">What does it have to offer?<\/h2>\n<p dir=\"ltr\">To use the feature, marketers have to go to Page Insights which now, has a tab that shows data about the people around your business locations. However, this is not in real-time. Data will be updated once a day.<\/p>\n<p dir=\"ltr\">The tool is free to any business with a Facebook Page using the page\u2019s location features. Additionally, brands which are advertising on Facebook can now see what percentage of people passing by have seen any of their ads in the last 28 days.<\/p>\n<p dir=\"ltr\">The tool will only show \u201caggregate demographics and trends associated with people nearby\u201d and won&#8217;t track in-store visits. \u00a0Facebook won\u2019t show the actual number of people who passed near the store. Instead they will display data as trends over the past week, month or quarter.<\/p>\n<p dir=\"ltr\">An important point of note is that users will remain absolutely anonymous.<\/p>\n<p dir=\"ltr\">Facebook will categorize information into gender and age group &#8211; 18 to 24, 25 to 34, 35 to 44, 45 to 54, 55 to 64 and people over 65 years old. Additionally, the foot traffic data would only be available for people who pass within 50, 150 or 500 meters of a store&#8217;s location<\/p>\n<p dir=\"ltr\">It will also report if these people are from out of town or reside within 200 kilometers of a store\u2019s location, but marketers will not have the option to filter this information by age or gender.<\/p>\n<p dir=\"ltr\">Apart from this, there are operational insights that can be easily derived from this data. Local business owners can learn what types of people are physically nearby and when. They can then tailor their marketing strategies in light of this information which will have targeting, hours and staffing implications for marketers and business owners. In simple words, businesses can discover the neighbourhood\u2019s busiest days of the week and the peak times of the day through this tool. In turn, this will let them know when people are most likely to visit their stores.<\/p>\n<h2 dir=\"ltr\">Is it actually helpful to marketers?<\/h2>\n<p dir=\"ltr\">Of course, yes! These local insights would help marketers target their facebook ads better. Before this, Facebook tracked, analysed and categorised users based on their Facebook activities and not on what exactly they do in real life.<\/p>\n<p dir=\"ltr\">The products an end user might buy are not largely dependant upon what he likes\/shares\/supports using his facebook profile. With local insights, the existing statistical data available for local marketers will change completely.<\/p>\n<p dir=\"ltr\">Facebook Local Insights will help marketers relate with the way people act in real life. This is helpful especially to businesses that don\u2019t have a large following on facebook. They can now understand the footfall in their geography and also run campaigns with better local insights. Better targeting would mean low advertising costs and thus, better results.<\/p>\n<p>Another thing to note is that <a href=\"https:\/\/www.facebook.com\/business\/news\/local-awareness-updates?_rdr=p\">facebook is updating its local ad feature <\/a>so that if you have stores in multiple locations you can customize the copy and targeting of your ad for these particular locations.<\/p>\n<p dir=\"ltr\">Undoubtedly, this update has a lot in its bag. Have you tried Local Insights yet? How has this data helped you in your marketing campaign? Share your experiences with us!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In its recent quarterly earnings, Facebook revealed that the site is visited by an average of \u00a01.1 billion users every day. Many of these users did so on the move, with the company attributing 78% of its $4.29bn advertising revenue to mobile. Facebook keeps a track of not only where you go online, but also [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":3006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-3005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-media","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maximize Success: Utilizing Facebook&#039;s Local Insights<\/title>\n<meta name=\"description\" content=\"On 5th November, Facebook rolled out a fascinating feature for pages in the U.S. called &quot;Local Insights.&quot; Check out this incredible feature right now.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rankwatch.com\/blog\/facebooks-new-feature-local-insights-for-local-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maximize Success: Utilizing Facebook&#039;s Local Insights\" \/>\n<meta property=\"og:description\" content=\"On 5th November, Facebook rolled out a fascinating feature for pages in the U.S. called &quot;Local Insights.&quot; Check out this incredible feature right now.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rankwatch.com\/blog\/facebooks-new-feature-local-insights-for-local-business\/\" \/>\n<meta property=\"og:site_name\" content=\"RankWatch Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RankWatch\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-30T10:30:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-07T13:47:42+00:00\" \/>\n<meta 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