If you think tracking the return on investment of your company’s social media is not necessary, then you might want to re-think your priorities. When tweaked and tracked properly, it could provide a powerful web presence to any start-up company and could help you keep up with large companies. Plus, it helps business owners to determine if their marketing strategies are working or not.
Web analytics
Web analytics is one of the most efficient ways of gauging your social media marketing ROI. Most business owners use Google Analytics to do this. By using this tool, you can easily determine the number of people who clicked on the link you shared on any social media channel. Most importantly, you’ll have a more accurate count on the number of people who visited your site through the link.
Engaging contents
Before focusing on the metrics, you’ll have to post meaningful and interesting contents through all your social channels on a regular basis. Also, take note of the kind of contents that your followers share, like and comment on the most.
Create posts that will capture the attention of your followers. This way, they’ll be interested to share your posts and could lead to a more solid fan base. Though there are no guarantees of turning these followers into paying customers, having numerous followers might actually help.
Frequency
While we fully understand the importance of keeping track of your social media ROI, knowing how often you should check on the metrics is also helpful. Experts suggest you keep track of your metrics at least once a week. This way, you’ll be able to understand the types of content which drives the most number of web visits. Most importantly, you can focus on determining which content turns into sales.
Mistakes
Obsessing over the number of likes and followers your company gets is one of the biggest mistakes most business owners commit.
Please bear in mind that these information could be used in improving your social media marketing campaign. So, dig deeper and focus on the metrics that could help you climb the ladder of success.
