Digital marketing is gaining large importance across the industry and in an environment where ROI is of growing importance. It is powerful to quantify and measure all web and social media activity to control the effectiveness of media investments and digital marketing campaigns.
Social media has become a regular marketing resource over the past decade, growing well beyond a basic brand awareness tactic. Social networks such as Twitter, LinkedIn, and Facebook have developed into viable sources of leads, particularly with the help of social advertisements. In addition, these networks are great places to engage prospects or current clients to help bolster relationships. Employees can quickly and easily become brand advocates and influencers by posting and engaging on social media.
It is crucial for social media managers and marketing teams to know how social media campaigns are performing across all social channels, how and why accounts are growing in followers and engagements, and even track how competitors are performing. As companies continue to spend more money on social advertising, the need to know which campaigns are performing well and which are not becomes all the more critical.