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Social media metrics include:
Engagement metrics:
Engagement
Engagement Rate
Result metrics include:
Cost per result (CPC/CPA)
Result rate (conversion rate)
Spend
ROAS (Return on ad spend)
Impression metrics include:
Impressions
CPM (Cost per 1000 impressions)
Frequency
Reach metrics include:
Reach
Organic reach
Cost metrics include:
CPC (Cost per Click)
CPA (Cost per Action)
Customer metrics include:
LTV (Lifetime Value)
What are we referring to when we say engagement?
Actions like clicks, shares, comments, reactions.
How do you calculate the engagement rate?
(Total post engagements ÷ Total reach) × 100.
Example: If a post reaches 10,000 people and gets 400 engagements, the rate is 4%.
CPC/CPA:
Cost per result: the cost associated with achieving one desired result (e.g., click, conversion, or action).
Result rate (conversion rate):
The percentage of users who completed the desired action after interacting with the ad or post.
Spend
The total amount of money spent on a campaign or ad.
ROAS+ formula
Return on ad spend: A measure of the revenue generated compared to the amount spent on ads.
formula: (revenue generated / ad spend ) x100
Impressions
The total number of times a post or advertisement appears on users' screens, regardless of whether the same user sees it multiple times. It reflects how often the content has been displayed, not necessarily whether it was viewed or engaged with.
CPM
Cost per 1000 impressions:The cost of reaching 1,000 impressions on your content.
Frequency
The average number of times an individual user sees your ad or post.
Reach
the total number of unique users who have seen your content
Organic reach
The number of unique users who have seen your content without paid promotion. It relies on the platform’s algorithm and your followers.
CPC (Cost per Click)
The cost incurred each time a user clicks on your ad or post.
CPA (Cost per Action)
The cost incurred each time a user completes a desired action (e.g., purchase, sign-up, download).
LTV (Lifetime Value)
The total monetary value a customer is expected to generate for the business over the course of their relationship.
How can consumer insights improve advertising?
Understanding Purchase Decisions and Behavior
Shifting to Consumer-Centric Marketing
Optimizing Marketing Strategies
Enhancing Campaign Effectiveness
Strengthening Emotional Connection:
Driving Customer Retention and Growth
What makes a viral content?
Visual Content and Attractive Design
Humor and Entertainment
Relevance
Authenticity and Originality
Emotion and Feelings
Additional Psychological and Strategic Drivers for virality
Social Currency
Practical Value
Stories
Triggers
Public Visibility
Planned virality
Content promoted by companies, influencers, or entrepreneurs as part of a marketing campaign.
Example: Ad campaigns using trending hashtags.
Spontaneous virality
Content that goes viral due to user-generated interactions or random events.
Techniques for Creating Viral Campaigns
Leverage Trends and Hashtags
Collaborate with Influencers
Encourage User-Generated Content (UGC)
Embrace Visual Content
Understand Your Target Audience
Risks of virality
Negative Virality
Loss of Control
Formulas to calculate virality