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(and the people who work with them) 29 Must-Know Terms For Every Social Media Analyst

29 Must-Know Terms For Every Social Media Analyst

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(and the people who work with them)

29 Must-Know Terms For Every

Social Media Analyst

Social networks have improved their internal analytics offerings to the point where they are

unrecognizable even from a year or two ago. Can you imagine working with the old Facebook

Insights now that they provide a wealth of data about the health and status of your page?

Business demand drives much of this access to better social analytics. Paid advertising through

social networks is becoming a core part of any marketing campaign, and brands need data to

justify the spend. Access to better analytics arms marketers with the information needed to

measure ROI and allocate budgets.

Facebook, YouTube, and more recently, Twitter and LinkedIn have really beefed up their analytics

offerings. Younger social networks such as Instagram and Pinterest are still navigating best practices

for businesses to leverage their platforms and as a result, are still playing catch-up in this area.

With your brand being active across so many social networks, it’s important for you to remain up

to speed on the myriad of industry terms used for each platform. These terms are often different

words that can essentially mean the same thing but are important to know so that your boss or

client understands what you’re talking about in your reports!

As a side note, this report focuses on social media analytics terms, so we haven’t included

many well-known marketing analytics terms like Click Through Rate, Cost Per Action, Return On

Investment, etc. in this guide.

Introduction

Contents

Unmetric is an online platform that leverages human and algorithmic

intelligence to provide enterprises with data and insights into how

well their social media content and campaigns perform compared to

industry competitors.

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Cross-channel terms

Facebook

Twitter

YouTube

LinkedIn

Pinterest/Instagram

Thank you

Each social network employs its own terms to describe very similar metrics. These common terms are relevant for most or all of the social networks.

Cross-Channel Terminology

1. Benchmarks – Used to help a brand validate its social media performance (particularly for vanity metrics) and to justify social media budgets. Brands should benchmark against direct competitors or a larger peer group rather than non-relevant brands or sectors. Brands should also benchmark against their own previous efforts.

04

Benchmarks can be done against your own performance or use a third party analytics platform to benchmark against your wider sector.

Social networks show the engagements in their analytics platforms but often the way engagement is calculated differs from network to network. Use a third party analytics platform to get a standardized engagement score on competitor pages.

In the analytics platforms of the various social networks.

Most social networks will show you the number of people that have interacted with your content in their analytics platforms – some networks refer to interactions as engagements.

2. Engagements – From a metrics perspective, Engagements is the number of people that have interacted with a piece of content posted on a social media channel. Engagements are often thought of as the objective of social media, but like any form of mass communication, achieving business objectives is now becoming the primary goal.

3. Impressions – Similar to mass media terminology, social media impressions is the number of people that have had a piece of brand content show up in their newsfeed across various social networks. An impression should not be referred to as a definite view or meaningful engagement, as people often overlook brand content.

Where to find it

4. Interactions – A subset of Engagements, an interaction is anything a user does with a piece of brand content on social media. Interactions can be a Video View, Like, Favorite, Comment, Retweet or Share. Facebook determines Engagement as a summation of the interactions (Likes, Comments, Shares) on a piece of content.

Where to find it

Where to find it

Where to find it

05

FansLikes

CommentsShares

FollowersFavoritesReplies

Retweets

FollowersLikes

CommentsRepins

Subscribers ViewsLikes

Comments

Followers Likes

Comments

FollowersLikes

CommentsShares

5. Targeting – The method by which a brand reaches its target market on a social network. Some social networks have more advanced targeting than others, but standard targeting options include: location (down to the neighbourhood in some cases), age, and gender. Some social networks will let you target people by the company they work for, their job role, designation and interests.

In the advertising platforms of the various social networks but also when you post an update on Facebook you can select the target audience for the post.

6. Vanity Metrics – So defined because without context, they don’t help a brand with its business objectives or measure ROI. However, vanity metrics are easy to grasp and provide good headlines. The best way to use vanity metrics is in conjunction with benchmarks or trend analysis. Examples of vanity metrics include:

“A maniacal focus on likes and shares, for example, would lead a brand to over-index on pictures of puppies. But how does that help you achieve your brand’s objectives? People often talk about signal versus noise, and we believe that’s the right way to think about it.”

Carrie Van EsVice President at M Booth.

Read the full interview here.

Where to find it

Facebook

7. Average Reply Time (ART) – The average amount of time between when a user first posts a question on a brand’s Facebook wall and when the brand actually replies for the first time. ART doesn’t take into account the resolution of a problem but does help a brand understand and plan its customer service resource allocation.

06

Facebook has more metrics than most other social networks in its analytics dashboard, but it doesn’t give you everything you need to know to plan your social media strategy.

Facebook does not provide this data directly, you need to use a third party analytics platform which uses multiple data points to calculate this metric.

Facebook does not provide this data directly, you need to use a third party analytics platform which uses multipe data points to calculate this metric.

Where to find it

Where to find it

8. Response Rate – Is calculated by examining the number of questions/comments being posted on a brand’s Facebook wall and then seeing how many replies those questions and mentions received. This is useful for determining social media customer service resource allocation.

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10. Monthly Active Users / Daily Active Users – Usually abbreviated to MAU & DAU respectively, these terms inform a brand how many users a have used a Facebook app. The DAU fluctuates daily, while the MAU is a 30-day moving average of the number of Daily Active Users. Combined with relevant benchmarks, a brand can understand how effective a Facebook app investment has been.

Facebook does not provide this data directly, you need to use a third party analytics platform to get this metric.

Under the Facebook Insights tab and also below each brand post.

Where to find it

Where to find it

11. Reach – The number of people that have been exposed to a piece of brand content on their newsfeeds (this doesn’t mean the audience necessarily noticed or interacted with the content in a meaningful way). As Facebook has restricted the organic reach to fans, brands now need to pay to achieve significant reach for their content -- although organic user sharing of content can drastically increase reach.

“Paid Media is a critical piece to success in Social Media and shouldn’t be treated as a nice-to-have but rather a mandatory for a presence on specific channels.”

Jeff MeltonSVP, Global Technology and Platforms at MSLGROUP

Read the full interview here.

When logged in as the page admin and posting an update, a button is available to Boost the post, it’s also available on content that was previously posted.

Where to find it

9. Boosting – Facebook encourages brands to think of it as a mass media platform. Just as with mass media advertising, brands must pay Facebook for their post to reach the masses and this process is called Boosting.

Twitter

12. Average Reply Time (ART) – The average amount of time between when a user first tweets at a brand on Twitter and when the brand actually replies for the first time. ART doesn’t take into account the resolution of a problem but does help a brand understand and plan its customer service resource allocation.

08

The social network on which you can take the pulse of your community and is also quickly becoming the platform of choice for brands to offer customer service.

Twitter does not provide this data directly, you need to use a third party analytics platform which takes separate data points to calculate this metric.

Twitter does not provide this data directly, you need to use a third party analytics platform which takes separate data points to calculate this metric.

13. Response Rate – Is calculated by examining the number of @-mentions on Twitter, and then seeing how many replies those questions and mentions received. Response rate is useful for determining social media customer service resource allocation.

Where to find it

Where to find it

09

14. Influencers – Thanks to the democratization of social media, there are individuals that have gained recognition as an authority in a particular field or popularity with the general public. Previously, influencers may have been celebrities or sports stars, but now, anyone with a loyal following can be an influencer. Brands can amplify their message or react to a PR crisis by understanding and interacting with key influencers.

Twitter does not provide this data directly, you need to use a third party analytics platform which takes separate data points to calculate this metric.

Twitter does not provide this data directly, you need to use a third party analytics platform which takes separate data points to calculate this metric.

In the Twitter Advertising dashboard.

15. Sentiment – This indicates whether the buzz about a brand is positive or negative and picks up recurring topics from the general public related to a brand’s products and services. Sentiment is a metric that is best measured over time to identify trends rather than looking at a snapshot on a particular day.

16. Twitter Cards – Like a promoted tweet but with more functionality, there are many varieties of Twitter Cards that brands can use. Audience information can be collected with the click of a button making them quite useful for lead generation.

“If anything I believe that too many metrics are available today. I look forward to a point in time when it’s less about metrics and more about meaning”

Zaheer NooruddinVP of Digital & Social Media at Waggener Edstrom APAC.

Read the full interview here.

Where to find it

Where to find it

Where to find it

YouTube

17. Estimated Minutes Watched – The cumulative number of minutes watched by everyone that has viewed a YouTube video. This is more of a vanity metric.

10

Not just for home videos and cat videos, YouTube is quickly growing up and now provides many metrics that would be familiar to anyone from the TV advertising

industry but with more depth, accuracy and insight.

In the YouTube Analytics dashboard.

In the YouTube Analytics dashboard.

18. Audience Retention – Few viewers manage to get all the way through a video. This metric tells brands the average duration a visitor viewed their video, or the percentage of the video that the average person watches – useful for identifying edits the video might need. A view is counted the moment a person begins to play a video.

Where to find it

Where to find it

11

20. Pre-roll Campaigns – These are ads that play before a video starts and are charged on a CPM (Cost Per Thousand– how much it costs for 1,000 views) basis. By default, viewers can skip an ad after 5 seconds, but YouTube allows brands to pay more to disable the skip button.

In the YouTube Advertising dashboard (you will need an AdWords account).

In the YouTube Analytics dashboard.

21. Annotations – These are the messages overlaid on YouTube videos, and can be used to promote different videos or link out to other websites. They are very useful for increasing engagement or getting people to interact with a video.

“You never know what you might learn [when you look at other sectors] - a new platform, a new way of looking at a platform, a new concept, or just the way social media marketing is heading! For instance, a lot of Coke’s ‘feel good’ videos can extend to many categories, not just soft drinks!”

Deepak GopalakrishnanPlanning Director at OgilvyOne Worldwide.

Read the full interview here.

In third party analytics platforms that take multiple data points to create new metrics.

19. Average Video Length – Brands use this metric to find out how long the average video is for a particular channel or the sector. This information can be combined with Audience Retention metrics to determine a brand’s optimal video length.

Where to find it

Where to find it

Where to find it

LinkedIn

22. Acquired Followers – These are followers a brand has acquired through paid promotion such as a sponsored post. Brands can identify how paid efforts help them to build and engage with a LinkedIn community.

12

Dismissed by many in the early days, LinkedIn has been ramping up its advertising offerings and has emerged as a strong platform to reach decision

makers especially with its new Showcase pages.

In the LinkedIn Analytics dashboard.

In the LinkedIn Analytics dashboard.

23. Audience – LinkedIn will indicate if content was sent to all followers, which is true for organic posts, or targeted to select people, which is the case for sponsored updates.

Where to find it

Where to find it

13

24. Reach – LinkedIn refers to content impressions as Reach. It is a total of the number of times a piece of brand content was served up in the newsfeeds of LinkedIn users. A sub-metric of this is Unique Reach, which is the exact number of newsfeeds the content was published on. This is different, as a user might refresh the newsfeed several times and increase the reach metric with each refresh.

In the LinkedIn Analytics dashboard.

In the LinkedIn Analytics dashboard.

This information is not available in the LinkedIn analytics dashboard. You will need to use a third party analytics platform that collects this data.

25. Engagement – Along with the number of interactions (the number of people who have liked, commented or shared the content), LinkedIn determines Engagement as a percentage of impressions against the total number interactions and clicks.

26. Hiring Updates – This is a useful metric for brands to measure the competition, gain insights into the HR needs of the company and potential new products or services based on hiring patterns.

“There isn’t a time on a social media cycle that you don’t need the data or you need it more. Data is used to predict, plan, optimize, evaluate and then again use the data in order to plan the next one.”

Stavros KontakstisPartner and Strategy Director at Avakon+.

Read the full interview here.

Where to find it

Where to find it

Where to find it

Pinterest & Instagram

Both of these platforms are in the nascent stages of offering analytics solutions to brands and focus primarily on vanity metrics that are useful for benchmarking

against competitors but less so on helping with business objectives.

27. Hashtags – Used on both Pinterest & Instagram, hashtags are an indication of an ongoing campaign but also allows a brand to tag similar content. Hashtags don’t necessarily trend in the way they do on Twitter.

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Pinterest & Instagram do not provide this data directly, Use a third party analytics platform that gathers this data.

Use a third party analytics platform that gathers this data.

28. Pin / Re-pin Ratio – This is very useful for brands to understand how well a board has been received. The higher the ratio, the more re-pins there have been, which increases the brand’s visibility.

Where to find it

Where to find it

15

Both their advertising platforms are being beta tested at the moment and are

invite only, once these advertising platforms open up to the general public, expect

to see a rise in the number of metrics available in these platforms.

29. Pin Source – This is the place where the pin originated (either another website or was uploaded on Pinterest). Brands can use this metric to understand how competitors are generating their content.

Use a third party analytics platform that gathers this data.

“We don’t simply optimize social campaigns; we leverage social data to optimize customer experiences across channels at each stage of the journey.”

Randi RosenfeldSocial Media Director at MRM//McCann.

Read the full interview here.

Where to find it

Thank You

Thanks for downloading and reading these 29 Must-Know Terms For Every Social Media Analyst (and the people who work with them).

Feel free to share this PDF with your colleagues and clients.

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