It’s hard to imagine a business today that doesn’t have social media for its customer base. Whether you’re an independent candlemaker working out of your apartment in a suburb or an international corporation with employees numbering in the hundreds of thousands, you need social media. Social media isn’t just how a business gets noticed, it’s how a business thrives in a global market that’s constantly in flux.
Creating trending content that’s fresh and relevant can bring in higher interactions with both returning and potential followers of your brand and is an essential tool for long-term success. However, going a step further by paying close attention to your analytics can be an immeasurable asset to your return on investment (ROI).
Reviewing analytics is the key to gaining a quantifiable understanding of your business’ marketing strengths and needs. Remain a step ahead of your competitors by studying traffic patterns, trending searches, and the daily interactions of your followers. You’ll discover how to influence their purchasing decisions and anticipate trending patterns more effectively. Not only will your analytics help you to create more engaging content, it will lead to more financial freedom for your business to grow!
Google Analytics is the most popular resource for studying website and social media traffic and trending patterns, but some social media platforms already have Analytics built-in. Do your homework and find out which social media platforms and corresponding Analytics are best for collecting data towards your marketing goals. For example, if you have a WordPress blog for your independent clothing brand that’s less than a month old and an Instagram account that’s six months old, use your Instagram account and Instagram Insights as an Analytics springboard. For further reading, you can check out this comprehensive list of “Instagram Analytics Tools” by Fergus Baird (Hootsuite). The list begins at the halfway mark and summarizes each Analytics program’s pros and cons.
2. Create Your Analytics Priority List
It’s easy (and totally expected) to be initially overwhelmed by the concept of analytics. The terminology and principles of such extensive data collection can be intimidating. However, to echo point 4 of our blog post, 4 Time-saving Tips for Marketing Your Business, “Measure Only What Matters.” Is your priority to focus on bringing more traffic to your new website? Would you like to compare still photography versus Boomerang interactions on Instagram? Maybe you’re trying to decipher the best time to post on your public figure page on Facebook. The more specific and organized you are about the data you wish to collect, the better you’ll be at prioritizing your time to do so.
3. Let It Go
Last but not least, use analytics to compare different social media platforms and determine which ones rank highest in engagement with your followers. This is an excellent way to not only prioritize data collection but to also achieve your marketing goals more efficiently. You can always reintroduce social media platforms that didn’t make the cut in the future—or not! Once you’ve taken a proper inventory of which social media promotion strategies best serve your business, you can move forward with the knowledge and confidence you need to be exemplary of the adage, “Quality over Quantity.”
Analytics will increase your business’ ability to more effectively anticipate trending patterns and interactions, as well as influence the purchasing decisions of your followers, all while inspiring trust and loyalty to your brand. Should you have any questions about how Komaya can help you achieve your business marketing goals, read more on what we do or just contact us today!