“How to use social media to achieve business objectives?” is still once of the biggest questions marketers and digital marketers have to deal with on a daily basis. A 2015 EY Study showed that not being able to measure social media success and sustain engagement rate are biggest challenges for Indian brands.
XOR Labs decided to make sense and quantify the social media efforts in India by tracking social media profiles of 100 Indian startups for a period of 3 months—from July 1 to September 30.
Although many large businesses have adapted social media, Indian startups are the pioneers in deploying social media strategy. So instead of selecting old players, they chose Indian startups to be the subject of the study.
Although fundamentals are the same, how social media is managed for an ecommerce has to be different from sexual wellness space. So to make the report more meaningful, they categorized 100 startups into 13 segments—from horizontal ecommerce and food delivery to fashion and fintech.
Here are some insights from the report. Download the full report and more information from the Xor Labs website here.