Guide to Measuring Social Media Success
To truly harness the power of social media, it’s essential to analyze your account’s and content’s performance. This guide will walk you through how to find social media data and how to use it to measure your success.
Without regular analysis of the data, it’s challenging to gauge the impact of your efforts. Social media analysis will ultimately help you make data-driven decisions to optimize your strategy.
We encourage you to review and strategize about your performance on a regular basis. At minimum, aim to update the ‘Next Steps’ section of your strategy document quarterly.
Defining Key Performance Indicators (KPIs) for Your Social Media Goals
Key performance indicators (KPIs) are the metrics used to measure success and how well you are achieving your goals. In the social media realm, there are several common KPIs:
Engagement Metrics:
Social media engagement metrics measure how much your audience is interacting with you. Tracking these metrics keeps you aware of how well your content resonates with your audience and which types perform best.
These include:
- Likes, Comments, and Shares: Interactions from your audience.
- Engagement Rate: The percentage of your audience that engages with your content. Engagement rates can be found for individual posts or for all posts over a defined period. It can be calculated by dividing total engagements by the total number of followers and multiplying by 100%. Most social platforms provide this percentage in your account insights.
Reach and Impressions:
Reach and impressions measure the visibility of your content on user’s feeds. These metrics provide insight into how widely your content is being spread.
- Reach: The number of unique users who see your content, including repeat views. Reach helps you understand the size of your audience and the potential scope of your message.
- Impressions: The total number of times your content is displayed, regardless of if it was clicked on or not. Impressions give you an idea of how often your content is being seen, providing insight into its visibility and frequency.
Follower Growth:
Follower growth metrics measure the number of new followers your social media account gains over a specified period.
- Follower growth rate: Tracks the increase or decrease in the number of followers over time.
Traffic and Conversions:
Traffic and conversion metrics measure the number of viewers who complete your desired action.
- Website Traffic: The number of visitors to your website from social media.
- Conversions: actions taken by users, such as signing up for an event or tour.
Content Performance:
Content performance metrics identify which types of content perform the best, helping guide your content creation strategy.
- Content topics: Identify which topics (e.g., videos, images, blog posts) and formats perform best.
Audience Demographics:
Audience demographics provide insight into the makeup of your audience, helping you determine if you are reaching your target demographic.
- Audience demographics: Includes age, gender, location, and interests
How to Find Social Media Data
Social media data is found through a process referred to as ‘analytics.’ Social media analytics involve collecting and analyzing data and metrics to measure overall performance, aiding in making data-informed decisions to improve efforts.
Analytics can be found natively on platforms such as Instagram, TikTok, Facebook, and LinkedIn, or through paid programs like Agorapulse, Sprout Social, Hootsuite, and HubSpot. Our marketing team uses Agorapulse for analytics but also leverages platform insights for quick data checks.
Platform-Specific Analytics
- Facebook and Instagram: Log in to Meta Business Suite and select ‘Insights’ on the top left-hand side to navigate through available data. You can specify the reporting period and find insights on specific content. You can also access data for a post’s performance by clicking on ‘select insights’ while viewing your posts. For Instagram accounts not connected to a Facebook profile, select the ‘Professional Dashboard’ on your profile.
- LinkedIn: Utilize LinkedIn Analytics on your business profile. Select ‘Analytics’ on the left-hand side of your page to access various metrics, including competitor comparisons. You can also see data for individual posts by hiting ‘preview results’.
- TikTok: Use Business Suite for business accounts or TikTok Studio for non-business accounts. Navigate to your profile and select the three lines at the top right, then choose ‘Analytics.’ TikTok only allows you to look at a data range up to the past 12 weeks, so keep that in mind when gathering data. You can also find data in your individual videos by selecting ‘Quick insights’.
For help navigating these tools, check out blogs published by these platforms.
Analyzing Your Performance
Data doesn’t mean anything if you don’t think about it and draw conclusions from it. What do the numbers show you? What kind of patterns, trends, or even anomalies do you spot in them? Identify what content and strategies were most successful and what can be improved. Compare your data at key milestones, such as the end of an academic year, to gauge progress.
Make sure to highlight anything that went specifically well during this reporting period. And celebrate your wins; social media management is not easy work!
Planning for the future
Now that you have all these great insights, it’s time to make some informed plans on what should happen next. Should you create more video content? Were social media takeovers successful? Did event story reminders help yield a good turnout?
Provide actionable recommendations for future content, including new ideas or adjustments to posting schedules.
Let’s get Started
Make regular updates to the ‘Next Steps’ section of your strategy document and continue optimizing your strategy through your findings. Establish a regular reporting schedule—monthly, quarterly, or bi-annually—and continue to track and analyze your performance. Compare your performance against industry standards and past results to assess progress.
If you have any questions or need additional help, please contact Mary Leufstedt, Staff Associate of Web & Digital Communications, at mleufstedt@worcester.edu.