Values
- Category: Social Media
Values: A Key Social Media KPI
Values, as a Key Performance Indicator (KPI), play an integral role in social media analytics. This KPI represents the inferred values or belief systems of your social media audience, derived from their interactions and behavior on your social media platform.
In the terrain of social media, the Values KPI provides profound insights into your audience's principles and moral compass. This information is crucial for businesses aiming to align their content or advertising messages with the values that resonate with their audience. Recognizing your followers' values enables businesses to refine their content to correspond with these values, thereby improving engagement and conversion rates.
Unlike typical KPIs, 'Values' does not involve a direct mathematical calculation. Instead, they are often inferred from user interaction data and natural language processing (NLP) of user-generated content provided by various social media platforms. Values can be derived from a user’s language style, content preference, posting frequency, interaction pattern, etc.
For instance, IBM’s Watson Personality Insights service uses linguistic analytics to infer personal values from text, which can be helpful in deducing your audience’s values from their posts, comments, and reviews.
Although there's no direct calculation for the Values KPI, it can be presented as a distribution or percentage representation of your audience across different values, similar to the example below:
| Values | Percentage |
|----------------|------------|
| Integrity | % |
| Innovation | % |
| Compassion | % |
| Responsibility | % |
| Ambition | % |
This distribution helps you understand the predominant values within your audience, enabling you to tailor your social media strategies more effectively.
Remember, while 'Values' is an important KPI for understanding your audience, it should be used in conjunction with other demographic (like age, gender) and behavioral (like engagement rate, conversion rate) metrics to gain a comprehensive view of your social media performance.