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The Art of Social ROI: Choosing the Right Metrics for Your Goals

Hootsuite

ROI, or return on investment, has become the holy grail of social media marketing. But while the quest for social marketing ROI is not a linear journey, it also needn’t be as convoluted and futile as the quest for the holy grail itself (at least not the Monty Python kind, ya know). Track micro and macro actions to understand ROI.

ROI 136
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How To Calculate And Set Your Facebook Ad Budget [Free Tool]

Hootsuite

If you’re flexible with how your budget is distributed, then this choice is the least labor-intensive and typically nets results at a low cost. Find your CPM, CTR, and conversion rates You will need to have run at least one previous Facebook ad campaign for this section. Alternatively, you can choose to set individual ad set budgets.

CPM 135
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Finally! Facebook Ads Reporting That Won’t Drive You Batty

agora pulse

Monitoring these standard metrics can help you make sure your spending and return on investment (ROI) are on track: Clicks: The total number of times the link in your ad was clicked. Cost per 1,000 impressions (CPM): The amount you had to spend for every 1,000 ad views. How to use AdsReport. Select a time period.

Report 152
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What in the World … ! Surprising Facts About Reddit Ads

agora pulse

We know that jumping into a new PPC platform can be a risk (anything that costs ad spend can chew up your budget, after all). While Reddit’s CPC-focused campaigns resolve some of these concerns (which were largely an issue with CPM billing, and which we’ll discuss in another minute), this warning is still there.

Reddit 115
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Are Your Social Media Goals Realistic? Are They SMART?

agora pulse

Whether you’re working freelance or in-house, there’s a growing expectation to understand and adhere to social media ROI. Management will be looking at the overall cost of your social media operation versus the results. Costs include social media tools , paid advertising, giveaways, and of course, your salary. Set goals on ROI

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The 8 Things You Must Do to Improve Your Sponsored Social Ads

Convince & Convert

By paying per impression, you can optimize your CPM to just $0.02 But to achieve this low cost, your video must abide by a few principles. A great quality score leads to more impressions at a lower cost-per-engagement, while a low quality score will lead to less impressions for a higher cost. Only Pay for What Matters.

CPM 148
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12 Facebook video metrics brands need to benchmark right now

Sprout Social

You can also use these insights to increase the reach, engagement and ROI of your next video. Ad cost (CPM, CPE, CPC, CPCon). For example, you can see the cost per impression, cost per engagement, cost per click and cost per web conversion. So what are the video metrics you need to track on Facebook?

Metrics 129