Importance of Social Media Analytics How to Understand Them

“Analytics help you interpret gathered information and steer future campaigns in the right direction.”
Teresa Cooper

You’ve created content and loaded it onto your social platforms. You’re all excited. You know it’s a great piece and will suck in your audience. But then here comes that nagging feeling in the back of your mind—or will it? How can you know for sure your efforts are making an impact and driving results? Today we’re going to discuss an important tool to help you answer that question: social media analytics. But, what is social media analytics, and how can it help you get the results you’re hoping for? When it comes to social media analytics, there’s an ocean of information to swim through—we’re thinking of the Pacific right about now! We’re going to break this information down into bite-sized pieces so you won’t drown in information overload.

 

 

The Importance of Understanding Social Media Analytics

Simply answered, what is social media analytics? It’s the gathering and analyzing of data from across your various social media channels. This useful information can then be used to guide you in your business strategy. Through these methods, you can learn what resonates with your audience and which of your efforts are performing better than others.

 

Social Media Metrics and Analytics – Two Important Components

Let’s break down this question of what is social media analytics a little more.

Metrics is information on the numbers gathered from different social media channels like Twitter, LinkedIn, Instagram, Facebook, YouTube, and such. It shows when people like, comment on, or share/retweet your content. It lets you know the heartbeat of your audience and how they’re responding to you.

Analytics is the processing of those numbers from across your online channels by software platforms. Those numbers are analyzed and categorized. The results help you to know whether your social media campaign is working or not. You can then use these results to plan out your strategies, make business decisions, and keep customers happy.

Analytics help you interpret gathered information and steer future campaigns in the right direction.

 

 

Is Anybody Listening?

One aspect of social media analytics is social listening.

By “listening” you can stay on top of what your customers are thinking, feeling, and talking about online. By tracking keywords, mentions, and conversations on social media, you can learn what people are saying about your brand, competitors, and industry.

Knowing this kind of information can help you divert any online situations that might occur.

On a positive note, it will also help you foresee opportunities. These are only a couple of the benefits of social media analytics.

 

What Is Social Media Analytics Process?

The first step in analyzing social media metrics is to develop a goal. In other words, what are you hoping to accomplish?

When setting your goals, make sure they’re specific and can be measured. Be realistic in what you’re wanting to accomplish and give yourself a reasonable amount of time in which to do it. Make sure your goals are related to your plan and set deadlines on how long you want it to take you to reach them.

Now that you’ve determined your goals, determine what strategy to take.

With your goals and strategies in place, you can begin measuring certain metrics to learn how effective your strategies actually are and how well your social media is performing across the different channels.

Consistently monitoring and documenting metrics will help you track your goals.

 

 

Which Analytics Should You Pay Attention To?

Your goals and strategy will determine which analytics you need to measure. Keep in mind that each goal needs its own metric.

According to sproutsocial.com, some of the most important metrics to keep an eye on are:

  • Engagement (how many likes, shares, and comments from your audience)
  • Awareness (impressions and reach), and
  • Referrals and Conversions (how many people are taking action based on your content)

Others to consider are mentions and discussions of your brand.

 

How Does This Vary by Platform?

Hootsuite wrote an excellent article explaining the different social media analytics tools across platforms like LinkedIn, Facebook, Instagram, YouTube, Twitter, and Pinterest.

Each site has its own set of tools, and you can learn a TON of useful information by using them.

Besides Hootsuite, Google Analytics and Sprout Social are great resources as well.

Businesses with low budgets will benefit greatly by signing up to tap into these free resources. In order to access data on Pinterest and Instagram, for example, you’ll need to open up a free business account.

 

How Do You Know if Your Social Content Efforts are Working?

By tracking metrics, you’ll know how well your social marketing strategy is working. Once you have this insight, you can redefine your strategy if needed.

There are many tools to use in the social media analytics process that help you find out if you’re meeting your goals. What metrics you use depends what goals you set. And knowing those numbers will help you reach your goals.

 

We’re Here to Help!

We hope this article helps you realize the benefits of understanding what is social media analytics, but we know this might all still feel pretty new—we’re here to help!

At Amenable, we have an amazing marketing team in place to help you reach and meet all your social media marketing goals. Reach out today, and let’s discuss how we can help make your goals a reality!

Teresa Cooper
GUEST AUTHOR
Teresa Cooper is a writer who is passionate about using creativity to collaborate, express herself, and get at the heart of what's hidden beneath life's surface. She shares the Amenable drive for doing everything with joy. When she isn't writing, you can find her daydreaming about a beach house in Nantucket or waxing poetic on the sound of crickets.
RELATED ARTICLES & RESOURCES

WANT A LITTLE MORE AMENABLE IN YOUR LIFE?

Sign up for updates, tips, and advice that’s not available anywhere else—sent directly to your inbox.
Give me ideas about:
Amenable empowers mission–driven people to cultivate trust and communicate honestly through kind and creative brands.
© AMENABLE 2024. ALL RIGHTS RESERVED.