Analytics Magazine Analytics Magazine, September/October 2014 | Page 50

soc ial me d i a The only true way of measuring the eventual success of any social media campaign is if it translates into real-world currency, one way or another. bigger aspect of this art is knowing when to talk and when to stay silent. The metric of interest here would be a reach of posts (as discussed in Step 2) split by time of the day and day of the week for different channels. You should be able to figure out what time of day or day of week your post has maximum reach within your audience. One more thing of interest would be to analyze the activity period of your followers (possible in Facebook Insights and Twitter Analytics) and identify overlapping areas or gaps of improvement between you and your audience’s operating time. An eventual insight from this exercise should arm you better in terms of when to go onto your channels and update the posts. Many social media channels now offer the option to “preset” a post for a specific day and time in advance, which can be wisely programmed as a result of this analysis. Measure 5: The “How” – How is your audience responding to your efforts? Looking at CTR (click through rate) or jumping-with-joy (virtually) over follower count is not the only way to measure social media success. The only true way of measuring the eventual success of any social media campaign is if it translates into real-world currency, one way or another. Although it’d be a utopian exercise to tie every single social media activity to the green buck, there still exist alternate measures of monetary success. 50 | a n a ly t i c s - m a g a z i n e . o r g w w w. i n f o r m s . o r g