Thursday 28 August 2014

Understand Twitter Analytics Terms

One of the key components for marketers to look at while deciding on the performance of any of their social networks is measurement. While Facebook always had Facebook Insights to give out the details of your owned presence details along with the post level activity, we always had to rely on third party estimated data for Twitter. Now with Twitter going public and aiming to generate more money via advertising, they have certainly stepped up their game with the introduction of Twitter Analytics for different components on Twitter.
Twitter Analytics Features
The Twitter Analytics dashboard is available to everyone who has created ad accounts on Twitter. Now, you don’t have to be an advertiser with Twitter to access the dashboard and can access the Analytics Dashboard by just setting up your Twitter Ads profile or clicking here

How to get started with Twitter Analytics Dashboard:

Logging in to the Twitter Ads or Twitter Analytics platform, the default dashboard is presented to the account with three components to look at:
Twitter Analytics Dashboard

Impressions are IN:

The new dashboard has new functionality & metrics which makes it easier for you to decipher the performance of your account on a tweet level basis. The ‘Impressions‘ metric is the newest addition which many users demanded and Twitter has added that feature which lets you see the number of times your followers saw your tweet on Twitter.

Benchmark Yourself:

Twitter also lets you compare your performance over the 28 day period with specific actionable metrics such as Engagement Rate, Favorites, Replies, ReTweets, Link Clicks & Impressions.Now it is much easier to compare & benchmark your content performance with the help of Twitter itself. The tweets are segregated in to different categories already if you want to view a Tweet by Tweet performance for your organic Tweets, Replies and Promoted Tweets.So if a conversation with a Twitter user is generating a lot of eyeballs and engagement for you, you will know it via this dashboard.
Some of the key metrics detailed on the Dashboard are:
  • Impressions: The number of times users on Twitter view your tweet in their timeline
  • Engagement: The total interactions that have occurred on the tweet by the user which includes all the clicks on the Tweet (hashtags, link clicks, avatar, username & tweet expansion) along with the usual engagement metrics like favorites,replies,retweets as well as new follows
  • Engagement Rate: The Engagement Rate for Twitter is the ratio of the Engagement actions and Impressions generated over a Tweet.The key difference to note here is Twitter is giving us the engagement rate based on impressions whereas Facebook does a similar metric based on the number of unique people reached.
Twitter 28 Day Performance Comparison

Download and See the Fun!

The best addition to the new dashboard is the ability to download data getting a whole new information along with it for each tweet. The ‘Export Data’ option at the right hand corner gives you a lot of meta data attached with each particular tweet to play with. The information is available from 1st October 2013 till date which can be downloaded in to an excel file for further analysis.
Export Twitter Insights
The metrics available in the downloaded format is given below:
  • Impressions
  • Engagement
  • Engagement Rate
  • ReTweets
  • Replies
  • Favorites
  • User Profile Clicks
  • URL clicks
  • Hashtag clicks
  • Detail expands
  • permalink clicks
  • embedded media clicks
  • App Opens (If you are promoting an App or sharing one)
  • App install attempts
  • Follows
  • email tweet
  • dial phone
The same metrics are available for organic as well as promoted tweets.Such level of detail is awesome to play with for brands to accurately point out (rather than just speculate) as to which tweet resulted in more engagement and which tweet resulted in higher new followers/app installs. The user consumption can be broken down in to specific actions to analyze the behavior of your Twitter followers and plan your content accordingly. How cool is that?
All data form:-http://blog.digitalinsights.in/

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