Transforming Insights into Action with Facebook Analytics
Wondering how Facebook analytics can help your business? Facebook analytics provides a treasure of insights that can help small business owners and social media agencies understand audience behavior, track performance and improve marketing strategies.
Marketing on Facebook is a trendy way to display your products and or services for expanding reach, increase engagement or optimize ad content. Through this article, you will get a walkthrough on how Facebook analytics help to make data-driven informed decisions for success of promoting or advertising on social media channels.
Note: Facebook Analytics is no longer in use since July 1, 2021. Instead Meta Business Suite has taken over, which now manages your Facebook and Instagram profiles.
Facebook Insights vs Meta Business Suite (previously Facebook Analytics)
Before deep diving into Facebook analytics, it is important to understand the distinction between Facebook’s Insights and Analytics.
Facebook Analytics– It is a broader term for businesses and agencies allowing them to provide in-depth metrics about user behavior across multiple touchpoints allowing a holistic view of their user’s journey. With these metrics it offers a source for businesses and agencies to track their performance. It was an advanced way for in-depth multi-channels (website, apps) user data tracking facility.
Facebook Insights– It is a simple tool to track the performance of Facebook Pages and it does not encourage multi-channels user data tracking facility. It provides assistance to businesses and agencies in understanding the posts efficiency, target audience demographics and their engagement on Facebook. It can effectively manage your social media strategy, optimize content and enhance engagement with its go-to unique features in Demographics, Engagement, Performance, Target Reach, and Benchmarking.
Key Facebook Analytics Metrics
Metrics in Facebook Analytics helps the businesses and agencies track how their ads, posts, blogs, and overall presence on Facebook are delivering. Engagement metrics, Performance metrics, Conversion metrics, and Audience Insights are among few of them.
Let’s have a brief look at each of these key metrics now.
1. Engagement Metrics
It denotes the data that measures how users interact with content typically on social media platforms like Facebook, Websites, and or Campaigns. These metrics help to gauge the intensity of interest, interaction, and involvement of your audiences with the content you create and post.
Key Engagement Metrics
- Likes/Reactions– The number of times users click on like buttons or other reactions to express the assent to the published content.
- Shares– The frequency of times your user shares the content within their networks.
- Comments– The number of user comments on the content indicating active participation.
- Click Through Rates (CTR’s) The frequency of clicks on links or Call To Action buttons within your content.
- Video Views– The number of times a video is watched, analyzed on the basis of watch time seconds/ minutes.
- Mentions– The number of times your content is mentioned in user’s comments or posts.
- Direct Messages (DM’s) The number of direct messages your account receives showing the frequency of user engagement with the published content.
2. Audience Metrics
It denotes the data that measures analytics related to users personal details, the statistics for followers, page views, and device information.
Key Audience Metrics
- Demographics– It represents information about age, gender, and location of your users.
- Age– It is categorized in range according to different age-groups of users engaged with your content. For example, age 25-34, 35-44 etc.
- Gender– It categorized user engagement as percentage, based on males and females.
- Location– It defines the location from where the users are viewing your content. It is categorized based on countries, states, and cities.
- Page Views and Followers– It provides information about the number of users that viewed your page, followed or unfollowed your page.
- Device Information– Insights about the devices (mobile, tablet, and desktop) your users use to interact with the content.
3. Video Metrics
It denotes the data that measures analytics related to videos published as a content which includes video views, average watch time, video engagement, and video completion rate.
Key Video Metrics
- Video Views– It describes the number of times your video is viewed for the average of 3, 15,and 60 seconds.
- Average Watch Time– It describes the average time that people spend watching your videos.
- Video Completion Rate– It denotes the percentage of viewers who have watched the entire video content.
- Video Engagement– It describes viewers engagement in likes, shares, and comments specific to the video content.
4. Performance Metrics
It denotes the data that measures the performance of ads which you publish analyzed on certain parameters.
Key Performance Metrics
- Click Through Rate (CTR)- It describes the percentage of viewers who click through your ad in comparison to the percentage of viewers who just saw it.
- Cost Per Click (CPC)- It prescribes the amount you pay on an average for each click on your ad.
- Cost Per Mile (CPM)- The cost per 1000 impressions on your ad.
- Conversion Rate (CR)- The percentage of users who took any desired action on seeing your ad like, (making a purchase, or signing up a service).
- Cost per Conversion– The average cost incurred for each desired action performed after seeing your ad.
5. Conversion Analytics
Conversion Analytics denotes the data that measures the frequency of action from willingness to readiness. It helps businesses to track how the desired action is accomplished by the user. It is essential in understanding how well your marketing campaigns are performing and identifying areas of improvement.
Key Conversion Analytics
- Conversion Rate– The total percentage of users who took the desired action after clicking a link on your post. This will indicate the effectiveness of your post in generating business.
- Cost per Conversion– The average cost incurred for each conversion action the users perform (like purchase or sign-ups).
- Website Purchase– The number of times people made purchases on your website after viewing the post.
- Add to Cart- The number of times the users added items to their shopping cart on your website after clicking on your post. It represents how many users have shown intent in purchase.
- App Installs– The number of times the mobile app was installed after users interaction with your post.
- Leads– The number of users who filled their personal details in the lead form indicating user’s intent in your products and or services.
- Offline Conversions– The conversions that happen offline (in-store purchase, or phone orders) when users are influenced by online content. Helpful for businesses that have physical presence.
How to view Facebook Analytics using Facebook Insights
Facebook Insights is now a part of Meta Professional Dashboard. Here you can view your page views, posts interactions and audience engagement. The data is available for a maximum duration of 90 days.
To access Facebook Page Insights:
1. Log into your Facebook Business Page and click Insights in the left menu.
2. Here, you’ll see a quick overview of your front page performance, including metrics like Post reach, Post engagement, New page likes, and new followers.
3. You can also click the Content or Ads boxes to see how recent posts or ads perform.
It’s just a matter of blinking an eye.
How to view Facebook Analytics using RecurPost
- Log In to your RecurPost Account
2. Click on Reports in the sidebar menu on the left hand side
3. It will display an overview of all social media accounts you are connected with. You can also view individual social media account
4. You can download or send the Analytics Reports in PDF format from the Share button on the top corner of the right hand side.
It’s that simple.
5 Best Facebook Analytics Tools for 2024
1. RecurPost
RecurPost is a social media management tool with advanced features of Facebook Analytics that help businesses and individuals schedule and automate their posts across multiple social media platforms including Facebook.
Features of RecurPost Facebook Analytics
- Engagement Tracking
RecurPost helps measure user engagement on your post by evaluating interactions on Facebook post consisting of likes, comments, and shares.
- Optimal Posting
This feature helps to determine the best time to post with in-built insights, which helps to increase the reach and engagement of the content.
- White Label Reports
This feature allows users to generate customized reports on audience growth and overall content performance that can be shared to clients.
Best For- Businesses, Social Media Agencies, Marketers and individuals looking to ease content scheduling.
2. Meta Business Suite
Meta Business Suite has replaced Facebook Analytics as the native tool for accessing your Facebook page performance analytics. Here, you can see metrics, trends, and visual reports to help you gain insights about your Facebook page or individual posts.
Features of Meta Business Suite
- In-Depth Insights
Meta Business Suite gives in-depth insights on how your Facebook page is performing, including data on organic and paid content.
- Page Reach and Impressions
This feature provides insights into how many new uses have seen your content, and how often your content is being published.
- Competitor Analysis
Meta Business Suite gives basic details about competitor insights, which helps you determine the competitor’s analytics in similar business.
Best For- New creators on Facebook.
3. Rival IQ
Rival IQ is a social media management tool that tracks, analyzes, and benchmark the performance of social media accounts.
Features of Rival IQ Analytics
Hashtag Analysis
Rival IQ contains tools to display which hashtags are most effective to increase your visibility on Facebook.
Social Listening
It contains tools that let you track brand mentions and conversations on Facebook. It lets you stay informed about what the other people are talking about your bands or service.
Post Detection
This tool helps you to be informed about when and how the competitors are promoting Facebook ads in their posts, giving you insights into their paid strategies,
Best For- Businesses and Digital marketers.
4. Brand 24
Brand 24 is a social media monitoring and analytics tool which is focused on tracking online mentions, brand reputation etc. It helps the user understand what people are talking about their brand, products, and service on social media and the web.
Features of Brand 24
Social Listening and Mention racking
Brand24 excels in real- time social listening, tracking mentions, and specific keywords on your Facebook posts.
Influencer Identification
It helps you identify your key influencers and help to build relations with them and leverage them to increase your brand reach.
Topic and Trend Analysis
It helps you identify topics in trend and talk related to your brand on Facebook.
Best For- Businesses, Social Media Managers, and Digital Marketers.
5. Keyhole
Keyhole is a social media monitoring tool that provides insights into tracking social media campaigns , brand mentions and hashtag performance across multiple social media platforms including Facebook.
Features of Keyhole
Sentiment Analysis
Uses AI driven analysis to determine the tone of conversations related to brand or post. The mentions are categorized into positive, negative and neutral giving insight into how your users are perceiving your brand.
Real-Time Monitoring
Real-time data helps you to respond to changing behaviour of the audience. It also helps to monitor live conversations, and trending topics on your Facebook page analytics too.
Campaign Tracking
Campaign tracking allows you to track performance of specific social media campaigns on Facebook. It offers insights into metrics like conversion, engagement and ROI, by which the user can measure marketing efforts.
Best For- Businesses, Social Media Managers, and Digital Marketers.
Conclusion
Facebook Analytics plays an important role in mapping a successful social media strategy. It’s more than just numbers; it’s about getting insights into who your followers are, what content they like, and how they interact with the content you post. With tools like RecurPost, Meta Business Suite, Rival IQ, Brand24, and Keyhole, and others one can track Facebook analytics and gets the direction of what’s working and what is not in your strategy.
Leveraging Facebook Insights, the user can create more authentic and real content that is loved by viewers, make smart decisions, and keep on focusing to increase reach to a wider audience. Facebook Analytics with its amazing feature helps to build stronger relations with Facebook audience insights and your followers and make the most of every post you create.
Frequently Asked Questions
Use the Benchmarking feature in Meta Business Suite to compare your page’s performance with that of your competitors. It shows you where your engagement, reach, and content frequency stand against similar businesses, helping you identify areas for improvement.
Small businesses should focus on three key metrics:
– Reach- shows how many people see your posts
– Engagement- tracks how much they interact with your content (like with likes or comments)
– Conversions- tell you how many people take specific actions, like making a purchase, after seeing your posts.
Yes, there are several free tools to use alongside Facebook Analytics. One of them is RecurPost, for scheduling and performance tracking. You can also view Reports and share or download them in PDF format.
Yes, the Meta Business Suite app allows you to monitor your page’s analytics, manage posts, and respond to messages directly from your smartphone, which leads to savings of time. It is convenient, is easy to access, and can be used from remote locations as well.
It’s a good idea to check your Facebook analytics at least once a week. This way, you can quickly see what’s working and make changes to your strategy as needed, keeping everything on track with your goals.
Shubham Agrawal is a passionate content writer, with over a year of experience in this field. He excels in creating content in informative and creative way that aligns with readers. He juggle with words to create an engaging content.