Social Media Analytics Tools

Mailchimp Software

Mailchimp is perhaps one of the most popular software that helps users disseminate newsletters among other things. The company has diversified and add.. Read more

18 Reviews

Infusionsoft by Keap

Infusionsoft by Keap is an award-winning integrated e-marketing and sales solutions software for small businesses. It is the only software that provid.. Read more

13 Reviews

Percolate

Percolate is an all-in-one software that is used to create a plan and ensure execution of the plan by marketers all across the world. It also offers a.. Read more

12 Reviews

eClincher

eClicnher is developed for social media marketing. This solution enables users to manage their social media accounts, they can schedule their posts an.. Read more

12 Reviews

ContentStudio

ContentStudio is a cloud-based social media management and content marketing tool that helps businesses create and share the best content. The key fea.. Read more

11 Reviews

WordStream Advisor Online Advertising Management Software

WordStream Advisor is an online advertising management software solution that allows the advertisers to manage their campaigns on Facebook Ads, Google.. Read more

10 Reviews

Wix Website Builder

Wix is a widely used cloud-based web development solution that enables users with little or no tech experience to create attractive and professional-l.. Read more

10 Reviews

SproutSocial Social Media Management

Sprout Social is a powerful cloud-based CRM and social media management platform aimed at helping individual entrepreneurs, small and growing business.. Read more

10 Reviews

Planable

Planable is a social media collaboration platform that enables marketing teams, media agencies, social media managers, and freelancers to design socia.. Read more

10 Reviews

Loomly

Loomly is a web-based Brand Success and social media calendar platform that assists social media marketing teams, brands, influencers, and freelancers.. Read more

10 Reviews

Hootsuite

Hootsuite is a web-based social media management platform for brand management with over 16 million users worldwide. It is designed to empower busines.. Read more

10 Reviews

Buffer

Buffer is a CRM and social media management platform geared towards small to midsize businesses. The intuitive and streamlined design is trusted by br.. Read more

10 Reviews

Outfit

Outfit is a popular marketing production and brand management tool designed to help marketing and sales teams produce, customize, approve and use mark.. Read more

5 Reviews

Oracle Marketing Cloud

Oracle Marketing Cloud is an advanced email marketing automation solution designed to cater to both B2B and B2C marketing teams allowing them to autom.. Read more

5 Reviews

DivvyHQ

DivvyHQ is a cloud-hosted content planning software designed for content teams in media companies and large agencies to help them produce massive amou.. Read more

5 Reviews

Social Media Analytics Tools Buyers Guide

Last updated: May 24, 2022

How do you know if your social media marketing campaign is running successfully? Do you simply wait for the sales margins to increase or do you proactively monitor customer sentiments and sales? Social media analytics tools assist you with exactly that. It handles the detailed analytics for you.

Opting to use social media analytics tools puts you in the driver's seat. It helps you, monitor, evaluate and subsequently improve your performance on social media. These analytics tools use different algorithms and web application software to graphically showcase your performance.

But which social media analytics tools should you pick? There are so many options available on the market we can’t blame you if you’re feeling a bit overwhelmed. Let’s unpack some of the key features you should look out for in a good package.

Key Features To Look Out For

Social media analytics tools have become vital in running successful campaigns. It increases sales and gets more traffic to your page. It’s undoubtedly a valuable tool to use but be wary of empty promises from all these different companies. Look out for these key features before you sign up:

Competitive benchmarking: Your analytics tools must allow you to compare yourself to competitors or industry standards. Benchmarking collects the data from every process or function in your space and analyzes it to find the best practice. Don't you want to know how you’re doing and use valuable insights to improve your social media strategies?

Practical steps to start benchmarking:

  • Select a network that is comparable with yours (Instagram, Facebook, etc.)
  • Decide which influencer marketing to pick as a use case
  • Select the metrics you'll use to analyze the data with

Exporting data: What do you do with the insightful analytics after it has been generated by your analytics software? Export it and share it with a wider audience in a presentation, spreadsheet, or email. Make sure your package allows you to export the data into different formats such as jpg, xlsx, cvs or an online link for anyone to view.

Combine your data: Isn’t it lovely having everything you need in one place? It allows you to have information at your fingertips and enables you to see the bigger picture instantly. Facebook offers some valuable insights when you launch your campaign. The schlep is having to keep track of interaction rates, link clicks, and other metrics separately. A solid analytics tool should enable you to pull your Facebook metrics into the program. Now you can see everything in one program.

It’s important to know what your objectives are for your social media campaign before you start buying the software. There are so many different types available so make sure you buy the correct package for your needs.

The Top Social Media Analytics Tools On The Market Currently

Taking into account the key features you should look out for in a decent package, we’ve listed three programs that deliver top results.

Buffer Analyze

This analytics tool allows you to track your brand's performance online and assist with making informed decisions regarding your social media strategy. You'll be able to measure outputs and track tangible results using the user-friendly dashboard.

Top features include:

  • Getting recommendations on how to post
  • Generation of professional reports
  • Detailed analytics on Instagram stories

There are different pricing options available, but you’re looking at around $50 minimum monthly.

Buffer

Sprout Social

This is another innovative analytics tool that gives you comprehensive management of your social media campaign. It also allows for qualitative analyses across different social media platforms. The reporting is rich in visuals and easy to interpret.

The top features are:

  • A combined report on all social media profiles
  • Monitor and track performance on paid campaigns across different networks
  • Detailed analysis of your team's performance

How much will it all cost? You’re looking at $99 to $249 monthly, depending on the package.

SproutSocial

Hootsuite

With this analytics tool, you get the best of both worlds. It combines excellent social media management with publishing and listening tools. It also assists in identifying which content works best for you.

Top features include:

  • Customize reports can be exported
  • It measures your resolution and response time
  • It effectively tracks brand mentions

The pricing options are competitive and range from $19 to $599 monthly.

Hootsuite

Implementation Steps

When starting a social media strategy you need to carefully plan your steps. Here are eight basic steps to follow:

  • Set goals that line up with your business objectives
  • Study your audience
  • Know what your competitors are doing
  • Do an audit on your social media efforts to see what’s working and what isn’t
  • Decide which accounts you’ll set up on the different networks
  • Stay inspired by looking at other social media success stories
  • Schedule your social media content on a calendar
  • Continuously test, assess, and fine-tune your strategy

Budgets

Irrespective of what kind of budget you’re working with, there are social media analytics tools for any budget at any stage of your journey. It all comes down to what data on social media needs analyzing. There are also a couple of free analytics tools, so finding the right fit for your unique needs is achievable.

The different plans start with low prices and more comprehensive plans catering to bigger businesses are priced more expensively. The differentiating comes with the features you decide to include. Full rounded customer experience is more expensive than surface-level analytics. It’s all about the scope you need.

Conclusion

Gaining powerful insights into your social media campaigns and tracking your users’ interaction with your post gives you an added advantage. Finding ways to connect to your target audience at every touchpoint is key to staying relevant and ahead of the competition.

Social media analytics tools offer you the platform to gain valuable insights that will keep you in tune with your audience. Let us know in the comments below what other tips you can share with the users.