Research Infographic: Facebook Groups in Hong Kong and their Buy & Sell Activity – Week 1

We at swapit believe there is a huge market for buying and selling second hand items in Hong Kong. So we have been talking a lot about how people are buying and selling such items, what their process is and how we can improve it through swapit.

It is also very interesting to look a bit deeper into what people are actually selling on Facebook groups for example. For that, we selected 5 Facebook groups and took a closer look at them. Yet, we know there are several dozen more groups on Facebook as well as Yahoo and there are other websites – some especially dedicated to such classifieds. As we needed to keep it manageable, we chose 5 Facebook groups and analyzed the trading activity that’s happening in such groups.

To make it easier to understand, we put together a nice infographic that visualizes our results. From a very selfish perspective, it helps us to grasp the vast size of this market. Though, we are also happy to share this insights with all of you. Feel free to have a look at the infographic:

trade-stats_fb

The content in this article and its infographic is based on research done by Kevin Hsu of the swapit team.

Advertisements

6 thoughts on “Research Infographic: Facebook Groups in Hong Kong and their Buy & Sell Activity – Week 1

    • We tried Grytics, but it’s pretty useless – even when you have the paid service.

      Any API call (which is what Grytics is using) is limited to getting 5,000 posts / items / users from Facebook’s OpenGraph API. Thus, you get an incomplete picture on groups that have a larger member base.

      We did manual analysis on the content of the posts in the end. Very time consuming, but definitely worth looking into. Stay tuned for this week’s update on the stats.

      Like

    • I just noticed you’re working at Grytics 🙂

      Sorry for the harsh words. No offense. Please take it as suggestions to improve your service. I do actually like the approach and would use Grytics if it would give me more insight.

      Like

      • Hi, actually the 5000 limit is on list of group members. There is no limit for group’s feed fetching (you can be throttled by Facebook if you are fetching too aggressively or get token timeout if the group is huge though).

        You can try http://sociograph.io – the service provides analytics for Facebook Groups and Pages. The report can be exported to CSV file, so you can build nice infographic.

        P.S. I’m the author of the service. Any feedback is highly appreciated.

        Like

  1. Pingback: Research Infographic: Facebook Groups in Hong Kong and their Buy & Sell Activity – Week 2 | swapit blog

  2. Pingback: Research Infographic: Facebook Groups in Hong Kong and their Buy & Sell Activity – Week 1,2,3 Combined | swapit blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s