February 24, 2020
15 years ago, analytics sounded like a foreign topic for many companies. Data-based decision-making and marketing strategies were reserved for large conglomerates with huge purses.
Technology today has created bite-size platforms that enable normal business owners to harness the power of deep analytics and reporting. This is especially pertinent when it comes to social media and platforms like Instagram.
First, what have you go to lose? The site is free. Instagram has over 25 million business profiles worldwide and over 200 million people visiting one of these daily. It’s evident that companies are finding value in the platform, no matter the size of the operation.
However, if you don’t know who is viewing your page or how your posts and stories are performing, how do you know if your efforts are driving value? The last thing you want to do is waste time posting content where it won’t get noticed.
So, what could go wrong if you fail to evaluate your Instagram? Here are a few ideas:
These are all things you could be doing better and/or avoiding if you are diving into your data each day. The information you glean will help you use the platform more effectively.
Therefore, it’s important to know the top metrics to measure and what is can show you.
When it comes to using Insta (as the kids call it) there are a variety of actions and channels to measure. Here is what you should be looking at:
Do you know who your true target audience is? I am sure you have an ideal demographic in your head, but that might not be accurate. You must look at the numbers to know if your messages are aligning with people coming to your digital space. Here are the top metrics to watch out for when gauging your Instagram audience:
These are the metrics you access directly through “My Profile” where your posts live. This page will show you insights for the length of a week. Here are some important figures to keep in mind:
Once you have a good amount of posts under your belt, the analytics should start showing some patterns and trends. This can help a business make more informed decisions. Some key metrics to consider include:
If you’re not posting to Insta Stories, you’re not fully utilizing the platform. The Snapchat-like feature gives you a substantial opportunity to reach and engage a wider audience. Consider these metrics to follow:
No matter what you choose to track and analyze on Instagram, it’s important to start with a baseline. Then check in periodically to establish performance and tweak where necessary.