16 Keys For Social Media Metrics You Need To Check

16 Keys For Social Media Metrics You Need To Check

The great thing about Social media is that you can track almost every movement and detail that occurs through social media metrics.

The art of Social media measurement begins with how well you understand social media metrics, including the order and meaning of each key metric.

In this topic, I will review 16 keys for Social media metrics that you can check out.

Before we discuss the 16 keys for social media metrics, let's start to understand What are SOCIAL METRICS?

Social Media Metrics are data points that show how well your social media strategy is performing. These metrics will help you understand everything from how many people view your content to how much money you make on social media, metrics are like a building block for continuous improvement and growth.

A survey conducted in early 2022 shows that social media success can be tracked through metrics. The number of metrics you need to track will depend on the size of your budget and team size, as well as your business goals. Below I include benchmarks that can help you set realistic work goals.


Metrics fall into 6 categories:

  1. Awareness Metrics: These numbers show how many people viewed your content and how much attention your brand has on social media.
  2. Engagement Metrics: Their function is to show how much people are interacting with your content, not just viewing it.
  3. Video Metrics
  4. Customer Experience and Service Metrics: These are business KPIs that involve customer input. This metric helps you understand how loyal or satisfied your customers are
  5. R.O.I metrics: What is your return on social investment? These metrics will help you figure it out.
  6. Share of Voice and View Metrics (sentiment)


The 6 categories above will be subdivided into several detailed metrics sections, let's check this:

# Awareness Metrics

∞ Reach

Reach is simply the number of people who viewed your content. It's a good idea to monitor your average reach of each post, story, or video.

An important part of this metric is to see what percentage of your reach consists of followers vs. not a follower. If a lot of non-followers see your content, it means your content is shared or running well within the algorithm, or both.


∞ Impressions

On impressions, you can see how many times people have viewed your content. It could be higher than reach because the same person may see your content more than once. A very high impression rate compared to reach means that people viewed the post multiple times.


Audience Growth Rate

On audience growth rate you can measure how many new followers your brand has gained on social media in a given period. Not like a simple count like seeing how many new followers you have. Instead, we measure the number of your new followers as a percentage of your total audience. So when you're just starting, getting 10 or 200 new followers in a month means your social media growth is high. But to maintain that high value, you need a lot of new followers. Here is the formula for calculating your audience growth rate presentation:

TOTAL FOLLOWERS NET

___________________________ X 100

TOTAL AUDIENCE


# Engagement Metrics

Engagement Rate

Its function is to measure the number of engagements such as; reactions, comments, and sharing.

The definition of ''Audience'' may differ from yours. You may calculate the relative engagement count just from the number of your followers. But not all of your followers will see every post, you may get engagement from people who don't (yet) follow you. Here is one method and a formula that can be used:

TOTAL LIKES, COMMENTS, SHARE

______________________________________ X 100

TOTAL FOLLOWERS



Development Rate (Amplification)

It is the ratio of shares per post to the overall number of followers.

Avinash Kaushik, author and digital marketing evangelist at Google, states that amplification is “the rate at which your followers take your content and share it through their network.”

So basically, the higher your amplification level, the more your followers expand your reach for you. Here is the formula for calculating the amplification level presentation value:

TOTAL POSTS

_________________________ X 100

TOTAL FOLLOWERS


Well, the above review is part of our discussion. I'll go into more detail for each section of the other categories.

Next week we will discuss this again, before that you may learn and try to understand every detail of my review above.

For more details, you can also use the feature for 45 Minute Consultation with me at the following link.

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