The Ultimate Guide to Social Media Analytics

Social media offers your clients a unique opportunity to engage with potential customers, enhance brand visibility, and cultivate loyalty. However, for social media marketing agencies, the real task is deciphering the complex data and effectively showcasing ROI to clients.

The point of analyzing social media data isn’t just to report numbers—it's about telling a compelling story of success. In this guide, you’ll learn how to master social media analytics tools to enhance your reporting capabilities. Not only will your agency showcase its achievements, but it will also secure clients in the long run. We'll also get advice from our friends at OhMyDigital, a high-powered social media marketing agency, on how they deliver social media success to their clients. 

Dive in, and let's chart a course to success together. 

4 Key Reasons Why Agencies Need Social Media Analytics

Agencies are no longer flying blind in the realm of social media marketing. Instead, they harness the power of social media analytics tools to make informed, data-driven decisions that ensure optimal outcomes. 

We rely completely on social media analytics. They help us make better decisions (backed by data). Otherwise, we’d be winging it, and you shouldn’t be winging it when it comes to the success of your clients' businesses.

Hayley Peters, Co-Owner of OhMyDigital

Agencies need to leverage social media analytics tools to elevate their clients' social strategies across various social media channels.

• By diving deep into audience demographics, agencies obtain a better understanding of their clients' target audiences. This insight into the audience's preferences, habits, and behaviors contributes to crafting highly tailored and effective marketing campaigns.

• The use of sentiment analysis enables agencies to gauge public sentiment toward a brand or a product. This provides an invaluable opportunity to adapt their clients’ strategies accordingly, whether to mitigate a negative trend or leverage a positive one.

The primary responsibility of your agency lies in gathering diverse social media data from a plethora of platforms. Agencies must then evaluate this data to derive actionable insights that fuel informed business decisions. 

These insights serve multiple purposes, such as: 

• Boosting clients’ social media presence

• Planning social media posts to grow their social media audience 

• Performing sentiment analysis to monitor conversations and gather business intelligence 

• Using social listening tools to optimize marketing campaigns

• Improving social media strategy with insights from social media data

• Clearly communicating success to clients using a social media reporting tool 

In essence, a robust social media analytics tool doesn't merely offer numbers and statistics; it equips agencies with a roadmap to navigate the complex terrain of social media marketing effectively.

Let’s take a look at four different scenarios where social media analytics comes into the picture. 

1. Making Data-Driven Decisions in Social Media Management

To the seasoned social media marketer, social media marketing represents a vibrant, living organism in a state of perpetual flux. Every day, millions of users make split-second decisions on various social channels, responding to a multitude of factors that are often elusive, challenging to quantify and predict.

These individual reactions can ignite significant momentum in mere minutes. Social media shaped by user actions can diverge, connect, amplify, and even erase narratives in the blink of an eye (think cancel culture).

As you can see in the graphic above, a torrent of activity is happening each day. It's this endless flow of user engagement that has the potential to prompt swift, unexpected changes that drive social media trends.

Influencer marketing, for instance, plays a pivotal role in this ever-shifting ecosystem, where a single viral social media post can significantly alter the trajectory of marketing campaigns. The key, however, lies in understanding the patterns within this complex web of interactions and closely monitoring audience demographics.

Harnessing the power of a robust social media analytics tool is essential to track, interpret, and learn from this vast pool of social media data. Managing your clients' social media is no longer just about crafting engaging posts; it involves dissecting social media data, leveraging insights to drive strategic decision-making, and understanding audience demographics to create more targeted and effective content.

With a social media management tool, agencies make informed, data-driven decisions for their clients. It facilitates the tracking of ongoing trends, monitoring engagement levels on different social media channels, evaluating the performance of marketing campaigns, and analyzing audience demographics for optimal content alignment.

Ultimately, navigating social media marketing requires a keen understanding of the dynamics at play. By leveraging sophisticated analytics tools and keeping a finger on the pulse of social media data, your clients anticipate changes, manage risks, and seize opportunities.

2. When Your Clients Thought They Could Do Social Media Themselves

Agency clients, often well-established within their industry, commonly find themselves caught in a time-skill bind when it comes to managing their social media accounts. 

This observation is pointedly made by Hayley Peters, Co-Owner of OhMyDigital. She articulates that businesses, more often than not, lack the necessary time and expertise to orchestrate and maintain effective marketing campaigns through their social media channels.

The most recurring pitfall she identifies with new clients is their frenzied attempt to maintain an omnipresence across all major social media networks. Without a solidified plan of action or strategic blueprint, these businesses end up "trying to do all the things" without fully understanding the distinct dynamics of each platform.

In the complex maze of social channels, it's easy to be overwhelmed. As Peters explains, businesses often feel compelled to match their competitors' pace, which may involve hopping onto every fleeting trend or maintaining an incessant posting frequency. This frantic race not only leads to burnout but also dilutes the quality of their social media content.

“They often think that because they see their competitors jumping on trends and posting daily that they need to do it too. Consequently, they find themselves caught in the trap of mass-producing content, instead of slowing down and focusing on crafting fewer, but qualitatively superior posts,” says Peters.

Being successful on social media is about more than just creating content. It involves sentiment analysis to gauge public opinion, influencer marketing to expand reach, and tailoring unique messages for each platform. These tasks are often best handled by a dedicated agency that knows how to maximize the potential of social media platforms. 

Agencies possess the expertise and social media analytics tools necessary to navigate these channels, ensuring that their clients’ brand message is amplified without sacrificing quality.

3. Crafting Plan Across Multiple Social Media Platforms  

Understanding the nuances of various social media platforms and harnessing them effectively is the cornerstone of any successful social media strategy.

Every social media platform, from leading networks like Facebook and Instagram to fast-growing newbies like TikTok, has its unique user base, content formats, engagement strategies, and audience demographics. Hence, applying a blanket marketing strategy to social media marketing might not deliver the desired results. Instead, agencies should craft bespoke strategies for each platform, accommodating the unique characteristics and user behaviors inherent to each.

For instance, Instagram's visual-centric nature might make it the go-to platform for brands with strong visual content, while Twitter's (now known simply as “X”) real-time nature might be more suitable for brands looking to participate in immediate conversations and updates.

Similarly, LinkedIn could be the ideal platform for B2B companies seeking to engage with professionals and decision-makers in their industry.

Understanding various social media platforms is just the beginning. Agencies also need to know how to devise and execute effective social media strategies.

This involves staying abreast of the latest trends and shifts on social media, as they can considerably impact the effectiveness of social media campaigns. Such campaigns often incorporate influencer marketing and sentiment analysis as integral components of their strategy.

It also includes setting clear goals, identifying target audiences, crafting engaging content, and measuring performance against set objectives using robust social media analytics tools.

Establish clear objectives for your marketing teams to easily keep track of. Test the goals feature with your 14-day AgencyAnalytics free trial!

Moreover, the emergence of multiple social media platforms necessitates the need for agencies to manage multiple accounts simultaneously. This complex and time-consuming task is crucial for reaching a wider audience and maintaining a consistent brand presence across all platforms.

Understanding social media platforms and their strategies goes beyond just knowing how to use social media. It's about knowing how to utilize it efficiently to attain specific marketing goals, extract value from social media data, and deliver value to clients.

4. Continual Optimization Is a Fundamental Aspect of Social Media Campaigns

When asked about the significant transformations observed on social media over the past few years, Hayley Peters, Co-Owner of OhMyDigital, underscored two pivotal aspects: brand culture and technological advancement.

She emphasizes how the contemporary consumer yearns for authenticity and is drawn toward brands that embody these principles at every touchpoint across social media channels. 

People demand more authenticity, and they crave brands that have strong values and actually live and breathe those values. Customers look for them at every touchpoint, and they aren’t afraid to call brands out if those values are lacking.

Hayley Peters, Co-Owner, OhMyDigital 

Social media marketers are intertwined with the technology they deeply depend on. Not only do they need to maintain a comprehensive understanding of their campaign metrics, but they also need to stay ahead of the curve with emerging technological trends.

There’s also so much more reliance on keeping up with changing technology. From moving storefronts online to providing a better customer experience throughout the whole journey and automation to make processes more efficient.

Hayley Peters, Co-Owner, OhMyDigital 

Agencies are tasked with the critical duty of quantifying how their clients' social media performance impacts core business objectives and the bottom line. This is where the use of social media analytics tools becomes paramount.

Interpreting social media data is more than just number crunching. It involves using a sophisticated social media analytics tool to make sense of these metrics and translate them into actionable insights. Data and metrics are invaluable. 

However, without a clear understanding of how to leverage them, potential learning opportunities may be overlooked. 

Effective social media management needs a well-rounded understanding of social media analytics. This ensures that the content generated, whether it's social media posts or comprehensive marketing campaigns, is not only engaging but also optimally effective.

For this, a robust social media management platform becomes an indispensable asset. It allows for a thorough understanding of user engagement and audience behavior, enabling businesses to continually optimize their campaigns and meet their core objectives.

Keep tabs on your clients’ social media performance insights in a single dashboard with a social media analytics tool specifically built for agencies. Up your reporting capabilities with AgencyAnalytics–start your free 14-day trial today. 

The Difference Between Social Media Data vs. Social Media Analytics

Let’s make one thing very clear: social media analytics and social media data are inextricably linked but are not one and the same. Every social media platform has its own section with metrics–aka social media data.

Social media data is the classic gathering of basic metrics such as ‘Likes’ and ‘Shares’. Social media analytics, on the other hand, takes that data to another level by making it actionable. It’s a bit like the vanity metrics versus the actionable metrics debate. 

Knowing this difference will make or break your client reports: you can either inform your agency’s future social media marketing efforts and give clear business insights for your clients, or report only on the fluffy stuff that makes your client feel good in the short term, hurting client retention down the road when they see no actual ROI.  

Here are some examples of the difference between social media data and how they translate to social media analytics:

The real challenge (which is really an opportunity for your agency to shine) is not only showing the numbers that matter but what to do about them. After all, they hired you not just to create exceptional social media content, but also to make sense of the data. 

So what do clients look for in their reports?

“Definitely the highlights and improvements in each month,” says Hayley, Co-Owner of OhMyDigital. “They look to see what our recommendations are, the key highlights that we’ve found interesting, and how we’re using that social data to make informed decisions for the next month.”

Essential Metrics Your Agency's Social Media Analytics Tool Must Monitor

Having delved into 'why' your agency requires a robust social media analytics tool, it's time to pivot our focus to 'what' needs to be tracked. 

To prime your clients for success, it's crucial to monitor the most relevant metrics that holistically encapsulate your client's social footprint. (Hint: The best social media analytics tools automatically collate these data points, thereby sparing your agency the time-consuming task of manual assembly.)

Let's investigate the critical metrics your social media analytics platform should monitor for on-demand analysis.

1. Audience Analytics

2. Brand Analytics

3. Organic Performance Analytics

4. Paid Social Ads Analytics

5. Competitive Analytics

6. Customer Service Analytics

7. Influencer Analytics

1. Audience Analytics

The bedrock of your clients' social media presence and social commerce achievement is their audience, with changes in this demographic directly impacting their success. It's crucial to emphasize any shifts that relate to behavioral changes.

Analyzing follower data derived from location, age, gender, and language ensures your clients’ messaging effectively connects with the target audience. This swift access to audience demographics data streamlines targeted content creation, persona segmentation, and diversification of content across different social platforms.

Regular tracking aids in identifying audience growth trends and demographic changes to maintain optimal reach. Moreover, this data can alert your agency to any deviations if campaigns start attracting an unintended audience.

2. Brand Analytics

Brand analytics ensure that a client’s brand experience meets consumer expectations. They are also instrumental in validating (and, if necessary, pivoting) your client's marketing strategy and enhancing their branding. 

Your social media reporting tool should efficiently synthesize information usually found in the ‘Insights’ panel on platforms like Instagram and Facebook to present:

• Social reach metrics, such as the number of people viewing a post, illustrate the efficacy of your clients' social media accounts in attracting new audience members. 

• Referrals indicate whether your content is successful in driving traffic to your client's website, which corresponds to Organic Performance Stats to be discussed later. 

To streamline data collection, add the Google Analytics (GA4) dashboard data to your social media reports, presenting these metrics and KPIs directly from your client’s GA4 integration. 

AgencyAnalytics’ GA4 integration allows you to track how your social media efforts are driving traffic to your clients’ websites and contributing to their overall business goals and provides a more holistic view of your clients’ online presence. 

Image: AgencyAnalytics’ GA4 Integration 

Your clients will appreciate insight into how their social platforms contribute to increased website traffic and, ultimately, conversions. 

Follower growth rate, a clear indicator of audience growth, should consistently increase over time. 

Engagement rates, a vital metric, show that users are resonating with the content disseminated on various social networks. Analyze top-performing posts to understand what drove their success in garnering more likes, shares, or comments.

Demonstrate success using an AgencyAnalytics social media marketing integration, like our Facebook Report Template. Try it free for 14 days! 

Your social media analytics tool should include all your clients’ recent social media posts, tweets, pins, etc. 

This way, tracking, and presentation are simplified, making screenshots and spreadsheets unnecessary.

3. Organic Social Media Performance Analytics

Unless your clients solely focus on social commerce, i.e., selling directly from their social media, it's important to monitor their overall website traffic. Correlating social media growth with increases in website traffic can significantly boost your agency’s credibility.

By showcasing referrals from social media and conversion rates, you present the ROI, which is ultimately what your clients want to see.

You can also start to correlate your agency’s social media efforts with the impact on other channels. For instance, a strong social media presence often leads to an increase in direct and branded search traffic.

Show clients their top landing pages, bounce rates, and conversion rates, along with their dollar value and more, using a Web Analytics Dashboard. 

4. Paid Social Ads Analytics

No social media campaign is complete without paid advertising. As such you need to be keeping track of your client spend, and how it’s contributing to the broader social media strategy, as well as how social advertising is contributing to your clients’ overall business. 

Your social media analytics tool should quickly track all your PPC campaigns on social media in one place–easy to analyze, and easy to present.

Give your clients maximum visibility on their paid social media accounts with our PPC reporting software that integrates with all major social media channels–from Facebook Ads to LinkedIn ads, and more. 

5. Competitive Analytics

Maintaining an active awareness of your clients' competitors is vital, although it can be time-consuming without efficient social media management tools. Utilizing competitive analysis tools empowers you to effectively monitor your competitors' activities. So how can these statistics be incorporated into your reports?

Implement goal-tracking to benchmark social media performance against your client's competitors. Draw comparisons on key metrics such as audience growth, engagement, posting frequency, and popularity of posts. This comparative analysis allows you to adapt your content strategy to stay ahead on social media.

6. Customer Satisfaction Analytics

Almost half of consumers expect a response from a brand within an hour of reaching out on social platforms. Consequently, your clients' online responses significantly influence their brand image. Monitoring this will assist your social media team or your clients (depending on the mandate), to better manage their response times.

Staying updated with activities on review platforms provides your clients with valuable insights into their performance and aids in managing their reputation. However, it's easy to miss an opportunity to respond to customer reviews unless your social media analytics platform encompasses a comprehensive management system to track them.

Reputation management reporting facilitates responding to queries and comments from one central location. Offer your clients their own login, enabling them to respond directly through the platform, enhancing customer satisfaction, and contributing to a positive brand image.

7. Influencer Analytics

Influencer marketing involves tracking key metrics to measure the success of your influencer marketing campaigns. Identifying whether an influencer has significantly boosted your clients' Instagram impressions overnight can be challenging to present without the right social media management tool.

Use an annotations feature in your time-based charts to track when something was launched or posted. This immediately demonstrates the impact of collaborating with a particular influencer on your clients, helping them decide whether to continue working with them.

Top 6 Social Media Analytics Tools To Consider

Given the importance of comprehensive data analysis for social media management, choosing the right social media analytics tool significantly impacts your clients' brand success. 

Here are six robust social media analytics tools to consider:

Social Media Analytics Tool #1. Sprout Social

As a robust social media analytics tool, Sprout Social offers extensive capabilities covering management and detailed analytics. It integrates with various social platforms, which enhances its usability for diverse marketing needs. Audience segmentation, persona creation, and competitive analytics are some of the many features that this social media management tool offers.

Pricing: Starts at $249 per month. 

Social Media Analytics Tool #2: Hootsuite 

Hootsuite stands out among social media analytics tools for its all-in-one dashboard that allows management and tracking of all social media channels. It streamlines social media marketing by enabling scheduling of posts and team collaboration. Also included are features for social listening and sentiment analysis, making it a versatile social media analytics tool.

Pricing: Starts at $99 per month. 

Social Media Analytics Tool #3: BuzzSumo

BuzzSumo is a dedicated social media analytics tool that excels in content analysis and discovery. Its influencer analytics are detailed, helping identify key influencers for effective marketing strategies. Furthermore, the competitive analytics feature of this social media analytics tool allows tracking of your competitors' most shared content.

Pricing: Starts at $119 per month.

Social Media Analytics Tool #4: Brandwatch

Known for its robust social listening capabilities, Brandwatch is a social media analytics tool that offers sentiment analysis, providing insights into audience perceptions about your brand. With features like trend tracking, competitive analytics, and the ability to identify key influencers in your clients’ industries, it gives an all-encompassing view of your clients’ data, positioning it as one of the top social media analytics tools.

Pricing: Starts at $800 per month. 

Social Media Analytics Tool #5: Google Analytics 

Google Analytics is a critical social media analytics tool for deriving insights into website traffic, bounce rates, and conversion rates associated with social media. Its ability to correlate social media growth with increases in website traffic is a valuable feature not found in all social media analytics tools.

Pricing: Free (or $12,500 per month). 

Social Media Analytics Tool #6: AgencyAnalytics

AgencyAnalytics is a unique social media analytics tool that combines data across multiple social and digital marketing platforms into one reporting interface. It offers over 75 integrations, including the most popular social media, SEO, PPC, email, and eCommerce platforms, and is designed to demonstrate social media campaign ROI through data visualization and clear KPI tracking. With marketing dashboard templates and report templates, it stands out among other social media analytics tools for its quick setup and customization capabilities.

Pricing: Starts at $12 per month per client campaign. 

Prove Social Media Campaign Success With AgencyAnalytics

Social media is the go-to place for insights into your client’s consumer behavior and provides direct insights into your client’s business strategy. How your agency quantifies and qualifies that data to prove the ROI of its social media campaigns is what will keep your clients coming back for your agency’s services. 

Your social media analytics tool should combine all your social channels into one platform, collecting social media data from multiple social media networks. This includes important Facebook Ads data, Twitter analytics, Instagram metrics, LinkedIn analytics, and Google Analytics data. 

AgencyAnalytics’ all-in-one reporting platform makes it easy for you to show the full picture of your social media marketing efforts. Choose from 75 integrations and drag-and-drop your clients’ real-time metrics to showcase ROI. 

Choose from a host of marketing dashboard templates and report templates to get a head start–you’ll have them up and running in no time! Easily customize your templates and clone them when onboarding your next social media client. 

Show Google Analytics data like conversions alongside your clients’ social media performance data in a single dashboard. Try AgencyAnalytics free for 14 days!

More AgencyAnalytics Social Media Analytics Tools To Choose From:

• PPC Analytics Tool

• Digital Marketing Analytics Tool

• Facebook Analytics Tool

• Facebook Ads Analytics Tool

• Instagram Analytics Tool

• Twitter Analytics Tool

AgencyAnalytics has saved us hours every month in reporting time. Now we can provide far more thorough reporting for our clients, and it’s faster and easier to pull together. It also gives our agency a much more professional touch.

Hayley Peters / Co-Owner

OhMyDigital

Summary

Social media has become a powerful platform for agencies to connect with their audience, build brand awareness, and drive business growth. However, to truly harness the potential of social media, social media marketers need to understand and leverage social media analytics.

Social media analytics involves the collection and interpretation of data from major social media platforms. It provides valuable insights into user behavior, engagement, and emerging trends, which can inform strategic decision-making and help optimize social media performance.

There are a variety of social media analytics tools available that can help agencies gather and analyze this data. These analytics tools can track a wide range of metrics, from likes and shares to follower growth and click-through rates, providing a comprehensive view of a brand's social media performance.

However, the world of social media analytics extends beyond just tools. It's about understanding the data these analytics tools provide. This involves analyzing the data to identify trends, measure performance against set goals, and derive actionable insights that can inform future social media strategies.

Social media analytics is not just about collecting data. It's about making sense of this data to understand what's working, what's not, and how to improve. It's about using these insights to create more effective social media campaigns and deliver better client results.

Try out our social media report template and get your social media reports automated and ready in minutes! Start your free 14-day trial today and see why over 6,500 agencies rely on AgencyAnalytics.