Clip 2 - Social Media Analytics - Key Social Media Metrics

9 important questions on Clip 2 - Social Media Analytics - Key Social Media Metrics

Volume is one of the Key Social Media Metrics, what does it tell you?

The number of mentions of a brand name over a  specified period of time across different platforms.

Share of Voice is one of the Key Social Media Metrics, what does it tell you?

It allows you to look at your volume in relation to the volume of your competitors in the market.

Engagement is one of the Key Social Media Metrics, what does it tell you?

The number of comments on, replies to, likes of and shares of a given post.
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The overall engagement percentage can be calculated in multiple ways, discuss the 1 and what it is closely related to?

  1. Engagement at a particular time of post divided by number of views - related to impressions;

Advocates are one of the Key Social Media Metrics, what does it tell you?

The number of social media participants who write positive posts about a brand during a specific period of time.

Then there is the ROI, this consists of the calculation as presented on the right. The revenue of campaign is a metric that differs per platform. If you for example would look at Instagram, and the costs would be whatever it cost you to create a campaign, what could be your metric for Revenue?

Conversions happened via that post.

Response time is more of a customer service metric, why is this the case and what is the ideal time to keep it efficient?

Response time is the amount of time that has passed between the receipt of an inquiry or support request and the response of a company, you want this to be 30 min max.

What is the KPI that Social Sales Effectiveness is related to?

Increased sales.

How do you calculate the Social Sales Effectiveness when working with Advanced Metrics? Where you look into repeat purchases.

Number of customers buying more due to social engagement/ number of purchases.

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