Topic 8
Topic 8
Topic 8
I. MEDIA METRICS
a. Definition:
- Media metric is the systematic measurement and analysis of
quantitative data related to various forms of media (including
advertising, content, and communication channels).
- These measurements are used to assess the performance,
impact, and effectiveness of media campaigns, content
strategies, and communication efforts.
- Media metrics involve tracking and evaluating key data
points, ( such as reach, engagement, conversion rates, and
other relevant statistics), to inform decision-making, optimize
strategies, and gauge the return on investment in the context of
media-related activities.
b. Types of media metrics:
1. Audience metrics:
Reach: this is a crucial metric indicating how many people
saw your content, providing a broad overview of its visibility.
When averaged across multiple posts, it reveals your target
audience's characteristics. It's important to distinguish between
followers and non-followers among the viewers. A high
percentage of non-followers can expand your reach to new
audiences and potentially attract more followers who discover
your content.
Impressions: are like reach, but it’s measure how many
times a post was viewed. Multiple views can increase
engagement and actions. Analyzing posts with high impressions
can provide insights for creating effective content.
2. Engagement metrics:
CTR (click-through rate): A ratio showing how often people
who see your advertising or free product listing end up clicking
it.
Clickthrough rate (CTR) can be used to gauge how well your
keyword ads, and free listings, are performing.
Social media metrics: these include likes, shares, comments,
followers, and other engagement data specific to social media
platforms
Are specific data points and measurements used to assess the
performance, impact, and effectiveness of social media
marketing efforts and online presence. These indicators help
individuals and organizations evaluate how well they are
engaging with their audience and achieving their social media
goals
Customer Acquisition Cost (CAC): The percentage of users
who clicked on a call-to-action (CTA), ads, or link compared to
the total number of users who saw the CTA or link. CTR is
commonly used in online advertising.
3. Conversion metrics:
Conversion rate (CR): is a crucial metric in digital marketing
and e-commerce.
It measures the percentage of users or visitors who take a desired
action, typically a specific goal or conversion, out of the total
number of visitors or users who interacted with a website, landing
page, or marketing campaign.
Cost per action (CPA): It is a digital marketing metric that
measures the cost of acquiring a new customer or generating
a specific action, (such as a lead, sale, sign-up, or other desired
outcome).
CPA is often used in online advertising and marketing
campaigns to assess the efficiency of an advertising campaign
or marketing channel in terms of acquiring customers or driving
specific actions.
Return on investment (ROI): It is a financial metric used to
evaluate the profitability and effectiveness of an investment
or expenditure.
4. Content performance metrics:
Bounce rate: The percentage of visitors who navigate away
from a website after viewing only one page, indicating a lack of
engagement or relevance.
Time on page: The average amount of time users spend on
a specific page or content piece, which indicates user
engagement.
Page Views: The number of times a web page or content piece
is loaded or viewed by visitors.