Although social media has become an increasingly constant presence in our lives, it was not considered to produce a viable “return on investment” (ROI) until recently. Because the concept of social media is still so “new” in terms of research, many professionals were skeptical that investing time and money into the medium could have a positive impact on their organization. However, the possibilities for social media measurement have grown extensively in the past few years, and continue to advance on a daily basis. Marketing and measurement on social media has its own unique set of guidelines and metrics, and knowing how to use them is essential to gain insights on opinions about their brand.
According to Cognizant, social media measurement tools can allow content creators to gauge sentiment towards an organization or post, analyze reach and awareness, raise engagement and predict future trends based on those results (Alexander, et. al.). Through collecting data from these standard measurement topics, organizations can easily recognize areas that they excel in and can improve upon. Although some channels provide more advanced insight reports than others, most networks will provide a basic reading of engagement. For example, Facebook metrics include the amount of likes, shares, comments and clicks, while Twitter metrics include replies, retweets, favorites and clicks. These networks essentially measure the same level of “engagement,” but the form is unique to each channel. Understanding the difference between the key areas on each channel can help create content that will be best received by the target audience.
Utilizing advanced measurement features can also have a profound impact on the success of a company’s social media presence. The built-in analytics features on YouTube allow users to filter insight reports based on user location, demographics and date range. The channel also includes options that manage the reach of paid videos, as well as audience retention reports (YouTube). These advanced retention reports allow the ability to see the exact point in time where a viewer replayed, fast forwarded or stopped watching altogether, which is revolutionary in measuring audience opinion of a specific video. An organization that acts on this information can potentially increase sentiment and even profit by simply adjusting the duration of their videos going forward.
Social media managers often refer to common best practices when marketing their brand on social media. As we’ve discussed previously in the semester, social media networks like Facebook, LinkedIn, Twitter, YouTube and even Snapchat have guidelines that have been proven to produce successful, engaging content. However, even when best practices are followed, it is equally important to measure audience reaction to ensure that your posts are reaching the target audience. For example, a post that contains all of the social media best practices may not reach a large number of viewers based on the time of day that it’s posted. Also, if an organization is not engaging in paid advertisements for their content, a great post can go unnoticed based on a low follower base. I personally manage a few social media pages for local organizations and initially had trouble developing higher reach for my posts. However, when I began engaging with Facebook’s paid advertising tools, I realized that focusing a specific audience through Facebook’s targeting tools allowed me to gain more likes and a greater reach for each post.
In addition to an organization’s built-in measurement features, external management tools can be used to measure sentiment and engagement from an outside source. Examples of these tools include Radian6 and Crimson Hexagon, which integrate with selected social media channels and provide analytical readings of their reach. These measurements allow the flexibility to pick and choose certain elements of content engagement to examine. As mentioned in the Radian6 product demo video, high level executives are often just looking for a “snapshot” of key performance indicators for a specific piece of content (YouTube). This quick summary can be sent via email, which allows professionals to quickly gauge their reach and which topics have received the most buzz.
In the digital world that we live in, most organizations must have at least some sort of presence on social media in order to remain relevant and gain profit in public opinion. Measuring the impact of an organization’s social media presence can make the difference between investing and wasting both time and money on advertising.
Works Referenced
1. Alexander, Bret, J.P. Benedict, and Mary Ermitanio. "Tracking What Matters: Best Practices and Common Pitfalls in Social Media Measurement." Cognizant 20.20 (2013).
2. YouTube Creator Hub. "YouTube Partners: Guide to Your YouTube Analytics." YouTube. Google, Inc., 30 May 2012. Web. 20 Nov. 2015.
3. SocialMediaDemo. "Radian6 Product Demo." YouTube. Google, Inc., 27 Mar. 2012. Web. 20 Nov. 2015.
According to Cognizant, social media measurement tools can allow content creators to gauge sentiment towards an organization or post, analyze reach and awareness, raise engagement and predict future trends based on those results (Alexander, et. al.). Through collecting data from these standard measurement topics, organizations can easily recognize areas that they excel in and can improve upon. Although some channels provide more advanced insight reports than others, most networks will provide a basic reading of engagement. For example, Facebook metrics include the amount of likes, shares, comments and clicks, while Twitter metrics include replies, retweets, favorites and clicks. These networks essentially measure the same level of “engagement,” but the form is unique to each channel. Understanding the difference between the key areas on each channel can help create content that will be best received by the target audience.
Utilizing advanced measurement features can also have a profound impact on the success of a company’s social media presence. The built-in analytics features on YouTube allow users to filter insight reports based on user location, demographics and date range. The channel also includes options that manage the reach of paid videos, as well as audience retention reports (YouTube). These advanced retention reports allow the ability to see the exact point in time where a viewer replayed, fast forwarded or stopped watching altogether, which is revolutionary in measuring audience opinion of a specific video. An organization that acts on this information can potentially increase sentiment and even profit by simply adjusting the duration of their videos going forward.
Social media managers often refer to common best practices when marketing their brand on social media. As we’ve discussed previously in the semester, social media networks like Facebook, LinkedIn, Twitter, YouTube and even Snapchat have guidelines that have been proven to produce successful, engaging content. However, even when best practices are followed, it is equally important to measure audience reaction to ensure that your posts are reaching the target audience. For example, a post that contains all of the social media best practices may not reach a large number of viewers based on the time of day that it’s posted. Also, if an organization is not engaging in paid advertisements for their content, a great post can go unnoticed based on a low follower base. I personally manage a few social media pages for local organizations and initially had trouble developing higher reach for my posts. However, when I began engaging with Facebook’s paid advertising tools, I realized that focusing a specific audience through Facebook’s targeting tools allowed me to gain more likes and a greater reach for each post.
In addition to an organization’s built-in measurement features, external management tools can be used to measure sentiment and engagement from an outside source. Examples of these tools include Radian6 and Crimson Hexagon, which integrate with selected social media channels and provide analytical readings of their reach. These measurements allow the flexibility to pick and choose certain elements of content engagement to examine. As mentioned in the Radian6 product demo video, high level executives are often just looking for a “snapshot” of key performance indicators for a specific piece of content (YouTube). This quick summary can be sent via email, which allows professionals to quickly gauge their reach and which topics have received the most buzz.
In the digital world that we live in, most organizations must have at least some sort of presence on social media in order to remain relevant and gain profit in public opinion. Measuring the impact of an organization’s social media presence can make the difference between investing and wasting both time and money on advertising.
Works Referenced
1. Alexander, Bret, J.P. Benedict, and Mary Ermitanio. "Tracking What Matters: Best Practices and Common Pitfalls in Social Media Measurement." Cognizant 20.20 (2013).
2. YouTube Creator Hub. "YouTube Partners: Guide to Your YouTube Analytics." YouTube. Google, Inc., 30 May 2012. Web. 20 Nov. 2015.
3. SocialMediaDemo. "Radian6 Product Demo." YouTube. Google, Inc., 27 Mar. 2012. Web. 20 Nov. 2015.