With so many social media platforms on the scene and even more metrics to keep track of, it can be difficult and overwhelming to make sense of your data. One thing we know for sure: you should be investing in Instagram and Instagram Stories strategies. Not convinced?
Instagram provides the perfect platform for you to share a variety of photo or video content and interact with your audience in new ways:
- Over 40 billion photos and videos have been shared on the Instagram platform since its conception
- More than 800 million monthly active users
- More than 80% of users live outside the United States
- In the last month, over 50% of businesses on Instagram produced an Instagram Story
- One in five organic Stories from businesses gets a direct message
- As of November 1, 2017, Instagram Stories has 300 million daily active users – up from 250 million in June 2017
- More than half of Instagram’s 500 million daily active users are on Stories.
In this post, we break down the primary Instagram metrics you need to know so you can go forth and analyze with confidence.
Reach: The number of unique users that saw your post or story on any given day.
Unless you’re putting some serious spend behind your Instagram posts, you probably won’t have every single one of your followers see your content. And even with some serious spend, it’s unlikely that you’ll reach all of your followers. That’s why reach is important. Reach tells you how many unique users are served your content every day. Try to maximize this metric to increase brand awareness.
Impressions: The number of times your content, whether a post or a story, was shown to users.
While commonly confused with reach, impressions are the total number of times your content could have been seen. If your impressions are higher than your reach, it’s a sign that your audience is viewing your content multiple times. Look for posts with a high impressions-to-reach ratio for an indicator of what’s performing well.
Engagement Rate: This is your post engagement divided by post impressions.
Engagement rate is a must-track metric for social marketers. Engagement rate is an indicator of how engaged the users who saw your posts were. Break down your engagement rate by media type to understand if your audience is more likely to engage with photo posts, video posts, or carousel posts.
Over time, the engagement rate can tell you how one campaign or messaging strategy performs vs. another campaign or messaging strategy. It’s a great metric to track as you test new approaches. Especially when you are looking in to putting some serious cash into advertising.
Saved Posts: The number of users who saved your posts.
Saved posts is a relatively recent addition to the Instagram engagement family, released in December 2016. Users now have the option to save a post to reference at a later time in the Saved section of their profile.
Saves are great for extending the life of your Instagram posts, as users revisit saved content months after it was originally posted.
Instagram Stories–Specific Metrics
Instagram Stories have been a great addition to the social marketers’ arsenal of content weapons.
Taps Backward: The number of times your audience tapped back to go to a previous story.
This may mean that your content was engaging enough that the user wanted to see it again. However, it could also be a sign that any copy you’ve included in your story is too long to read in the time given. Look through stories with a large number of taps back to ensure there’s not too much copy/writing.
Taps Forward: The number of times your audience tapped forward to go to the next story.
This can be an indicator of your story not resonating with your audience or being too long if it’s a video. Review the stories with the most number of taps forward to identify common themes, like length, copy, or content.
Replies:The number of times a user swipes up on a story and replies to you.
Replies can be a goldmine! Users who reply to stories may be passionate about your brand and have great feedback to share. Replies will begin a DM conversation between you and the user, so it’s a great time to engage with your audience.
Exits:The number of times a user swipes down to exit out of story mode and go back to the previous screen.
An exit means a user has decided not to make it all the way through your Stories. You’ll want to keep this number low.