Competitive analysis - 4 best usage tips
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TrueSocialMetrics 4 tips on how to benefit from the Competitive Analysis www.truesocialmetrics.com
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4 tips on how to benefit from the Competitive analysis reports at TrueSocialMetrics.com: - Compare the performance of the accounts. - Analyze the Best and Worst content for posts ideas. - Analyze the Posting Density to find an optimal posting strategy. - Compare the Followers Quality
Transcript of Competitive analysis - 4 best usage tips
TrueSocialMetrics4 tips on how to benefit from the
Competitive Analysis
www.truesocialmetrics.com
1. Compare general PerformanceUse Relative metrics to accurately compare several accounts with different numbers of Followers. By default, Relative metrics show the activity per 1000 Followers (you can select by how many). Use Relative Metrics report for a quick snapshot and comparison in %;Relative Trend report for historical changes overview;and Relative Metrics report for a convenient instant comparison.
2. Analyze Best and Worst content Use Post report to analyze your competitors' Best/Worst posts and compare with your own content strategy. Borrow great posts ideas from your rivals and get insights how to engage your followers more.
Read the full case study: http://www.truesocialmetrics.com/blog/luxury-brands-on-facebook
3. Compare Posting DensityUse Posting Density matrix Analyze the effectiveness of your Posting Density compared to competitors. Is your brand a chatterbox: posting too much with no one listening; or is it true orator: a word aptly spoken is like apples of gold.
Read the full case study: http://www.truesocialmetrics.com/blog/luxury-brands-on-facebook
In this example, Chanel and Louis Vuitton are true orators. Posting 3 and 2 times less than Burberry they managed to get 30% and 70% higher Engagement respectively. Which means they are spending less resources on content creation but are still getting more attention.
4. Compare Followers QualityUse Engagement matrix to find out how active are your followers compared to competitors' fans. Are they just a small pack of inactive acquaintances or are they super engaged innumerous tribes.
Read the full case study: http://www.truesocialmetrics.com/blog/luxury-brands-on-facebook
In this example, Burberry, Chanel and Louis Vuitton have active ‘Tribes’ of Followers. While Gucci has a huge ‘Crowd’ of less active fans - with 9% more followers than Chanel has, Gucci received 50% less engagement than Chanel. Maybe Gucci should improve their content strategy by posting more engaging content, adjusting their posting time according to the time when followers are the most active, or improving their followers’ acquisition strategy.
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[email protected]@truesocialmetrics.comSkype: necromant2005, tania_nikitenkoGtalk: necromant2005, tania.nikitenko
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