Are you making the most out of your social media insights?
Social media is one of the best performing marketing platforms you have at your disposal. It’s how you connect with your existing audience and how new audiences find you.
It’s one of the best ways to engage directly with your audience.
And it’s an amazing source of traffic to your website. But if you’re not leveraging your social media insights to their full potential, you could be missing out on a lot of opportunities to improve your social media presence, grow your followers and your overall results from social media.
Here’s how to take full advantage and leverage your social media insights to grow your business:
Without insights, you’re essentially shooting in the dark: you’re trying all these different strategies but you don’t know exactly which work and which don’t.
This is true of all marketing strategies and all marketing channels – not just social media. Whenever you use a channel to promote your business, you need to also leverage your analytics to actively inform your strategy.
And when it comes to social media marketing, your insights can provide a lot of valuable data for your business and perhaps most importantly, they will help you improve your social media strategy to generate better results, month by month.
However, before we get to all the best ways to leverage these insights, make sure you:
However, apart from leveraging your social media insights to evaluate your return on investment, you can also leverage them to improve your overall strategy and results from social media.
How well are your social media updates performing? Which ones get the most engagement and reach the most people? Which ones get you the most clicks and traffic to your website? One of the main things that your social media insights can tell you is how each of your updates performs.
This can help you understand:
This information is extremely valuable because it tells you exactly what types of updates you should be sharing on your social media in order to achieve the best possible results and keep improving them, month after month.
It’s a very simple and quick exercise that should be done at least once a month; then, with this information, you’ll be able to improve your content strategy and consequently, your results.
Another valuable insight you can gain from your social media analytics is when to post your updates, based on when the bulk of your audience is online.
There’s a lot of data out there and a lot of studies made to identify the best times to post on each social network.
However, while that’s a great starting point, the truth is that every social media audience is different and that’s why you should also check your own analytics to find out when you should be posting your updates.
For example, with Facebook, you can easily find out this information by going to your Page’s Insights, clicking on Posts and then When Your Fans are Online:
At the top, you can see the data for each day of the week and by hovering with your mouse over the graph in the Time section just below, you’ll be able to see the exact times when the bulk of your audience is active on Facebook.
Alternatively, you can also use social media analytics tools – such as Buffer – to help you identify the best times to post:
Which social media channels get you the most traffic? The most engagement?
While it’s important to establish a presence on multiple (relevant) social media networks, you should also be very clear about where you should focus the bulk of your attention – and resources. This in turn, will help improve your overall social media ROI.
To find out which social networks perform best, check your web analytics and look for:
To find out all this, simply go to your Google Analytics account, then click on Acquisition -> All Traffic -> Channels. Then, from the report generated, click on Social to see a breakdown of your social media traffic for each channel.
Don’t stop at how many clicks each one generated; rather, look at all the other data provided, such as the time they spend on your site, on average, how many pages they visited during their sessions and so on.
What’s more, you can also calculate the value of each network’s traffic by seeing how many of these visitors actually converted.
To get this data though, you first need to set up conversion goals in your Google Analytics account.
You can do this easily by going to your Google Analytics settings and then clicking on Goals:
You can set up as many as 20 different conversion goals, which can be anything from visiting a particular landing page, watching a certain video or completing your contact form. These goals are fully customizable so that you can track the exact conversions that are relevant to your business.
Once set up, you’ll be able to see how many people converted from each social network, thus helping you identify the channels that bring the best ROI for your business.
Are you reaching the right audience on social media?
In order to be successful and generate a positive ROI from social media, it’s much more important to reach the right audience – rather than reaching as many people as possible. After all, if they’re not likely to buy from you or recommend you, there’s not much value in those followers from a business perspective.
That’s why you should leverage your social media insights to understand whether you’re reaching your target audience or not.
For example, a tool like Buffer can tell you exactly who forms your audience and where they’re located:
What this data will tell you is whether you need to change up your strategy in order to reach the right audience. For example:
While this is more of a long-term strategy – as it takes time to change your social media audience – it’s worth doing this regularly as the more targeted your followers are, the better your results will be.
Your social media analytics can provide a ton of insights that will help improve your overall social media strategy and your social media ROI.
However, it’s important to track all of this data consistently and leverage it to its full potential:
Use this data to constantly inform your strategy and keep improving your results.
Get your first two reports on the house.
Pocket Insights – Made with ❤ by OnQ Marketing
© 2020 All rights reserved