Free Social Media Analytics Demystified

Social Media

Social Media is one of the mediums through which businesses, small or big thrive upon. Any business that truly understands and harnesses the power of social media always stays ahead of its competitors. Social analytics software plays the crucial role of keeping track of, measuring, and reporting the performance of social media accounts where you can boost these stats as you Buy Cheapest YouTube Likes with ease. These tools may only focus on one single social media site such as Instagram or Twitter, or have capabilities of analyzing various social media platforms.

Some social media sites have in-built analytical functionalities that use first-party tools, for instance on Facebook you get Facebook Insights. However, with social analytics software, you get a deeper analysis of data that gives more insights that include competitor analysis, follower demographics, identification of influencers, and many others.

The rating of social media Analytics Software is usually determined by customer satisfaction that is evaluated with regard to user reviews. It is also determined by customer scale that is based on social impact, market share, and vendor size.

Based on these measurements, media Analytics can be categorized into any of the following categories;

  • Leaders-

these are social media analytics that is highly-rated by G2 Crowd users. They have competitive market share, global support and resources, and scale. Some examples of leaders’ products include Simply Measured and Social Studio.

  • High performers-

these come second after leaders. They are rated highly by its users but have not yet achieved the scale and market share of the Leader category. Examples of products that fall into this category include Tracx, Brandwatch, Hexagon, Followerwonk, Sendible, Klear, Synthesio, Oktopost, Crimson, and Unmetric.

  • Contenders-

under this category are those media analytics that has significant resources and market presence. However, they have been rated below average in user satisfaction rating and their reviews lack sufficient reviews for their validation.

  • Niche products-

these These are the products that lack the market presence as that of the Leaders. They may be rated positively by users but lack enough reviews to validate their success. Examples of niche products include Crowdbooster, Sprinklr, Spredfast, Topsy, Falcon, Iconsquare, and Social.

What To Look Out For When Buying Social Analytics Software?

  • Free vs Paid-

various social analytics software are available for free. Even though they are free, they do not compete with paid analytics. With the paid analytics the user gets more depth and breadth of data unlike with the free analytics. The paid social analytics comes with extensive analytical power and since they are highly-priced they are beyond the reach of small and medium businesses.

  • Integrations-

some social media analytics tools are compatible with some other software products such as digital analytics, social media analytics, social advertising tools, monitoring tools, and others. Make sure the social analytics product you buy can integrate with the software you are using.

  • First-party vs Third-Party Analytics-

some social media sites have in-built social analytics tools and these do not require any additional cost. If you opt for first-party analytics, take your time in learning about their capabilities, and consider whether the information you get from them is sufficient or not. If you feel first-party analytics do not meet your needs you can choose third-party analytics instead.

  • Social Networks-

you need to evaluate whether the social analytics you desire has the ability to integrate with the social media site of your choice. Not all the social media analytics tools have the ability to integrate with all social media sites therefore you have to choose analytics that works well with your chosen platform. On top of this, if you desire to measure performance across various sites, then you have to choose social media analytic software with the ability to integrate with the social media sites in question.

  • Tracking of paid campaigns-

those Those who plan to run paid advertising on their sites should choose social analytics tools that are able to collect such data. With such tools, you can be able to track your measured campaigns and report on its metrics.

  • Extra Social Media Functionalities-

you may desire additional functionalities asides analytics. In this case, you can choose analytics that comes with additional social media functionalities. Examples of additional functionalities include social media management, social media monitoring, and many others.

Social media analytics have some common features that include the following;

  • Analysis of competitors-

they gather and compare data from rivals so as to keep track of competitor activities.

  • Analysis of followers-

these These include follower information such as purchase intent, demographics, locality, and many others.

  • Analysis of content engagement-

these is basically user engagement measurements such as likes, comments, views, retweets, and many others. Each piece of content engagement can be used to measure audience engagement.

  • Tracking of paid campaigns-

they mainly tracks and measure the success of paid campaigns on the sites.

  • Identification of influencers-

they pin-point the follower who has the greatest following and ability to influence.

  • Attribution-

this refers to the capability to track the click path of users on the site. They evaluate the clicks that come through social media and ascertain whether they convert to customers or not.

  • Reliability and performance-

this is whether the software is up-to-date and whether it gives the user a fast response during usage.

  • Scalability-

this refers to the capability of a social media analytic to integrate readily with multiple social media platforms.

  • Other features include use of various languages, Integration with other software, the exportation of reports, and access management.

There is various social media analytics that comes free of charge. They include the following; Buffer, Followerwonk, Iconosquare, ViralWoot, Google Analytics, Collecto, SumAll, Quintly, Cyfe, Tailwind, Beevolve, Keyhole, Klout, Riffle, MyTopTweet, HowSociable, TweetReach, and WolfframAlpha.

Social Media Analytics is essential for online marketing. Some of the benefits of social media analytics include; giving insights on competitors, monitor and report social media performance in general, pin-point content that easily resonate with the audience, identify and make the best use of influencers, keep track of paid campaigns, and many others. With these tools in place, social media marketers can reap tremendous dividends.