Hoc Tai
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In the digital age, social networks are not only a place to connect with friends but have become a "golden land" for businesses to promote their brands, reach potential customers and increase revenue. However, many businesses have difficulty measuring the effectiveness of their campaigns, leading to "spending money but not knowing whether it is effective or not". This is where KPIs (Key Performance Indicators) play an important role.
KPIs not only help you know whether your campaign is on track or not, but also show you where you need to adjust to achieve better results. In this article, we will explore the most important KPIs when promoting on social media and their practical meaning.
Before going into each specific KPI, let's clarify the concept. KPIs (Key Performance Indicators) are effective measurement indicators, set up to evaluate the success of an activity compared to the original goal. In marketing, KPIs help businesses know whether their promotional campaigns are reaching the right customers, generating revenue, and are worth the costs.
What are KPIs? Why are they important?
Measuring KPIs in social media promotion is especially important because:
In other words, without KPIs, promoting on social media is just “throwing money out the window”.
Each social media platform provides its own data system, but to avoid getting confused by too many indicators, businesses should focus on core KPIs that can be applied to all channels. Here are the 08 most important KPIs that you need to closely monitor to evaluate Marketing effectiveness:
Before we talk about conversions or revenue, the first step is how many people have seen your content. Reach is a measure of how many unique users have seen your post or ad:
Having a high reach does not necessarily mean success, what is important is how customers react to that content. Engagement includes likes, comments, shares, saves, or any action that shows interest:
If the post has a link (e.g. Landing Page, product website), CTR is one of the most important KPIs. This is the percentage of people who clicked on the link divided by the total number of impressions:
After a customer clicks on a link, the most important thing is whether they take the next action: fill out a form, buy a product, download an app… Conversion Rate measures this final effect:
When running ads on social networks, you need to pay attention to the cost:
CAC is the total marketing and sales costs divided by the number of new customers acquired. This is one of the “vital” KPIs to know if the campaign is really profitable:
In addition to “hard” numbers, what customers say and feel about the brand are also important KPIs. Sentiment Analysis measures the percentage of positive, neutral or negative responses:
Finally, the “ultimate” KPI in every marketing campaign is ROI. This is an indicator that tells you how much profit you make for every dollar spent.
After understanding the important indicators to monitor on social media, the next question is: How to collect and analyze these data to promptly adjust strategies? The answer lies in the measurement tools that you can refer to below:
With native platforms like Meta Business Suite for Facebook and Instagram, TikTok Analytics or LinkedIn Analytics, you can directly track basic metrics like reach, impressions, follower growth, and engagement.
For example, on Meta Business Suite, the Insight section lets you see details about how many people saw your content, how often it was shown, and engagement rates. TikTok and LinkedIn also have similar analytics panels, allowing you to compare each post and adjust the content.
The advantage of these tools is that they are free and directly from the platform, but the downside is that you will have to log in and analyze each channel separately, which is quite time-consuming if the business operates on multiple platforms.
Google Analytics (GA4) is an indispensable tool when you want to evaluate the quality of traffic from social networks to your website. By attaching UTM tracking to your shared links, you can see exactly which channels, and even which campaigns, are driving the most traffic and conversions.
In GA4, the section Acquisition → Traffic acquisition → Session source/medium allows you to filter data to see whether users are coming from Facebook, Instagram, LinkedIn, or TikTok, and analyze their behavior after they visit, such as time spent, pages viewed, and bounce rate. This is especially important if you want to demonstrate ROI from social media.
GA4 Customer Tracking Interface
However, to get the most out of GA4, you need to set up UTMs and configure GA4 correctly from the start. This requires a bit of technical knowledge, otherwise your measurements may be inaccurate. In addition, analyzing data effectively is also a difficult problem because there is too much complex data.
For small and medium-sized enterprises in Vietnam, a more comprehensive choice is GTG CRM.
GTG CRM - All-in-one Marketing platform integrated with AI with many features
This is an all-in-one AI-powered Marketing platform that allows you to connect multiple social media channels, schedule and create posts, manage multi-channel messaging, and especially track KPIs centrally in a single dashboard.
GTG CRM's smart AI helps you create multi-channel advertising content
Instead of having to use each individual tool, you can see right in GTG CRM the number of reach, CTR or CPC, ... from posts or ads.
GTG CRM provides a dashboard reporting detailed multi-channel advertising effectiveness
In addition, the AI integrated in GTG CRM also helps you create multi-platform posts and photos quickly.
Create cross-platform content with AI easily
In short, if you're just starting out, native tools are enough to get you started. If you want to measure traffic and conversions, Google Analytics will give you a more comprehensive view. But if you want to save time, manage centrally and turn data into concrete business actions, GTG CRM is the optimal solution for SMEs.
If you're still wondering which metrics to track for each social media platform, SEMRush has compiled a detailed guide that will help you easily identify and select the most important KPIs to measure campaign performance.
Metrics to track by platform provided by SEMRush
Source: SEMRush
Promoting on social media is not just about posting and running ads, but more importantly, measuring effectiveness through KPIs. From Reach, Engagement, CTR to Conversion and ROI - Each metric is a “piece” in the comprehensive picture of marketing effectiveness.
For SMEs, mastering and tracking social media KPIs not only helps you allocate your budget appropriately, but also helps improve content quality, increase conversion rates and ultimately maximize revenue. Instead of having to struggle with many separate and time-consuming applications, GTG CRM offers an all-in-one solution, helping you manage data, measure effectiveness and deploy automated marketing on a single platform.