21 Metrics to Track for Content Marketing Success and How to Improve Them
Key Takeaways
- Many businesses only monitor web traffic, revenue, and conversions. But they can boost the success of their strategies by considering many more metrics.
- The metrics you monitor should cover the key areas of your strategy: engagement, traffic, social, conversion, financial, and feedback.
- We think there are at least 21 metrics businesses should consider when working on their content strategies.
Is 21 metrics too many?
You might be thinking, “Woah! 21 metrics? That’s way too many.” We get it. So many businesses just stick to monitoring revenue, conversion rate, and perhaps web traffic. And we think they’re missing out!
In the realm of business, metrics have often been confined to a narrow scope, with a tendency to focus solely on straightforward numbers like revenue, sales, or website traffic. While these traditional metrics are valuable, it’s essential that we broaden the number of metrics we hold dear and gain access to a rich tapestry of information that empowers us to optimise and refine our content strategies in the most significant ways.
Consider, for instance, the power of engagement metrics. It’s not enough to measure website traffic or social media followers; we must delve deeper into metrics like click-through rate (CTR), bounce rate, and time on page if we’re to build a more detailed picture of users’ journeys.
These metrics offer valuable insights into how your audience interacts with your content, providing far more detail than rudimentary metrics would.
And also, why not?
If a business is going to embark on marketing itself through online content, it should take advantage of all the data it can reap. Companies that release TV ads or pay for billboards don’t get the luxury of knowing the engagement rate, click-through rate, or time spent on their ads.
That’s why we think it’s a big waste to not use all the information at your fingertips. If businesses can access all this data about the efficacy of their marketing efforts, then they should use it – to learn more, improve, and become more successful.
So, let’s dive into 21 metrics for content marketing:
Engagement metrics
1. Click-through rate (CTR)
Click-through rate (CTR) measures the percentage of people who click on a link or call to action. It indicates the effectiveness of your content in generating interest and enticing users to take desired actions. By tracking CTR, you can assess the effectiveness of your messaging and optimise it accordingly.
Remember, curiosity-inducing headlines or thought-provoking questions can pique the interest of your audience and entice them to click through to your content.
2. Bounce rate
Bounce rate refers to the percentage of visitors who navigate away from your website after viewing only one page (that is, without taking any action). A high bounce rate may indicate that your content is not engaging or relevant enough to keep visitors interested. On the other hand, a high bounce rate can also be attributed to visitors finding exactly what they need on the landing page itself.
With this in mind, it’s crucial that you look at the context (i.e., other metrics) when evaluating your bounce rate so that you don’t jump to conclusions.
3. Time on page
Time on page measures how long visitors spend on a specific page, indicating the level of engagement and interest your content generates. By analysing the average time on page, you can gain insights into the effectiveness of your content in capturing and holding the attention of your audience.
A longer figure generally suggests a higher level of engagement, though it’s essential that you analyse the content consumption patterns within your pages. We go into further detail about this later.
Traffic and reach metrics
4. Website traffic
Website traffic measures the number of visitors coming to your website. It provides an overall indication of the reach and visibility of your content. If your website traffic is low, consider what areas of your site’s SEO may be letting it down.
Alternatively, promoting your website through other channels could help to attract more visitors and increase engagement. Try identifying high-performing referral sources and seeking out partnerships or collaborations with them.
5. Organic search traffic
Organic search traffic refers to visitors who find your website through search engine results. It reflects the effectiveness of your SEO efforts and the relevance of your content.
If your organic search traffic is low, focus on optimising your content with relevant keywords, creating valuable backlinks, and enhancing the overall user experience. You may see an improvement from targeting long-tail keywords as they often have lower competition and attract highly targeted and qualified traffic.
6. Content amplification
Content amplification measures the extent to which your content is being shared, distributed, and amplified across various channels. If this figure is low, consider diversifying your distribution channels, leveraging social media platforms, and collaborating with influencers or industry partners.
While paid amplification strategies can reap very good results, you can’t flog poor-quality content for long. Sustainable content amplification needs the content itself to be highly sharable. If you know your audience values interesting, funny, or informative content, make sure what you publish meets these criteria.
Conversion metrics
7. Conversion rate
Conversion rate measures the percentage of visitors who complete a desired action, such as making a purchase, filling out a form, or subscribing to a newsletter.
If your conversion rate is low, you may need to optimise your landing pages, improve the clarity of your call-to-action, address potential barriers or objections, or refine your content to better align with your target audience’s needs and motivations.
The main thing to understand with conversion is that it is a process. The numerous steps that make up the conversion process often give rise to multiple opportunities for the conversion to fail. Therefore, you need to evaluate each step in terms of how users may find them off-putting. Then, get to work removing whatever barriers you find and creating a frictionless conversion process.
8. Email subscribers
The number of email subscribers reflects the effectiveness of your content marketing in building an engaged audience. If your email subscriber count is low, consider offering valuable incentives, optimising your subscription forms, or providing exclusive content or offers to subscribers.
You may also want to consider the placement of your sign-up form. Perhaps more people would sign up if the pop-up appeared after a lead showed interest in a product rather than when they’ve just landed on a landing page.
SEO metrics
9. Search engine ranking
Search engine ranking is where your website appears in search engine results for specific keywords or queries. If your search engine ranking is low, you’ll either need to wait or ramp up your SEO efforts.
As always, ensure your keyword research is accurate and that your on-page elements meet an excellent standard. After that, you may need to get more technical. Featured snippets tell us that Google likes webpages to answer queries concisely, perhaps in the form of bullet points.
10. Number of backlinks
The number of backlinks towards your site indicates the credibility and authority of your website. If the number of backlinks is low, you may want to embark on a link-building strategy.
This involves reaching out to relevant websites or influencers for collaborations and perhaps writing guest posts for other sites.
Of course, creating valuable and shareable content in the first place will, in time, attract backlinks. However, this process isn’t instantaneous. Remember that the quality of backlinks is more important than quantity, so don’t be tempted to stoop low for these.
Social metrics
11. Social shares
Social shares indicate the number of times your content is shared on social media platforms.
You can keep this figure high by creating shareable content, engaging with your audience, incorporating visible sharing buttons on your web pages and posts, and actually encouraging your readers to click “share.”
If you feel this figure could do with a boost, try creating some content that responds to a trending discussion or sparks emotion in people. Above all, always show appreciation for shares and make it a “two-way” discussion.
12. Social engagement
Social engagement measures the level of interaction and participation your content receives on social media platforms. As well as shares, it includes other tokens of engagement, such as likes and comments.
And as discussed above, this figure can be kept from dropping by instigating conversations and publishing thought-provoking content. Don’t forget to respond to comments, ask questions, and initiate discussions.
One other way to increase social engagement is to broaden your audience – join relevant groups and communities to get your content out there on more screens.
Audience metrics
13. Audience demographics
Audience demographics provide insights into the characteristics of your target audience, including age, gender, location, interests, and preferences. Analysing audience demographics can help you tailor your content to better resonate with your intended customers.
If you have limited information on audience demographics, consider carrying out surveys, using analytics tools, or leveraging social media insights to gather more data.
If you feel your targeting isn’t as effective as it could be, you might want to conduct a deep dive into your ideal customer type. Creating a Buyer Persona could help narrow down your content strategy efforts, but it needs to be done well. Think about the psychographic aspects of your audience, such as their values, interests, and motivations, to gain a more detailed understanding.
14. Content consumption patterns
Understanding how your audience consumes and engages with your content is crucial for optimising your content strategy. Track metrics such as page views, time spent per page, and click patterns to gain insights into which types of content resonate best with your audience.
Pay attention to the topics, formats, and mediums that generate the highest engagement and adapt your strategy accordingly. You may need to experiment with different subjects, mediums, or delivery channels until you see a boost in engagement.
Financial metrics
15. Return on investment (ROI)
ROI measures the financial impact of your content marketing efforts. It compares the cost of your content marketing activities to the revenue generated or other desired outcomes, such as lead generation or customer acquisition.
If your ROI is low, you may need to evaluate your entire content strategy, distribution channels, and conversion processes to identify the areas that need improvement.
To measure the direct impact of your efforts on revenue, you might want to implement conversion tracking and attribution models.
Learn more about ROI by reading this in-depth guide.
16. Customer lifetime value (CLV)
CLV represents the total value a customer generates for your business over their entire relationship with you. By tracking it, you can assess the long-term impact of your content marketing in terms of customer retention and revenue generation.
If your CLV is low, focus on enhancing customer loyalty, providing exceptional customer experiences, and delivering ongoing value through your content to increase customer lifetime value.
The most important thing when it comes to CLV is the nurturing of long-term relationships. This can be embraced by content marketing through the creation of relevant content but also in its delivery method. For instance, mailing list subscribers are more likely to be “turned off” if they’re badgered by emails daily than a weekly newsletter of moderate interest.
17. Cost per acquisition (CPA)
CPA measures the cost incurred to acquire a new customer or lead through your content marketing efforts. If your CPA is too high, evaluate your conversion funnel, targeting strategies, and content optimisation to minimise acquisition costs.
You may want to experiment with different channels, refine your audience targeting, and optimise your content and landing pages to improve the efficiency of your acquisition efforts.
However, don’t forget that it’s always more expensive to acquire a new customer than to keep an old one. So, don’t jump to the conclusion that your acquisition costs are too high without good reason.
Feedback metrics
18. Sentiment analysis
Sentiment analysis assesses the overall sentiment or attitude expressed by your audience towards your brand or content. It helps gauge the perception of your brand and the effectiveness of your content in eliciting positive responses.
If sentiment analysis reveals negative sentiment, your next step should be to identify the root cause. There isn’t an easy way to do this – you’ll need to sift through what people have said and make note of any repeated ideas.
Once you know what’s gone wrong, you’ll need to address whatever concern or issue you found and focus on delivering valuable and engaging content that aligns with your audience’s expectations from there on.
19. Customer feedback
Unlike sentiment analysis, customer feedback provides insights into the satisfaction, preferences, and needs of customers. Businesses should actively seek feedback through surveys, social media listening, or direct communication channels.
They should then use this feedback to refine their content strategies, address pain points, and align their content with the expectations and desires of audiences. While sentiment analysis may just indicate a brand’s online reputation, actual feedback indicates real shopping experiences, which can’t be underestimated.
20. Customer retention
Customer retention measures the ability of your content marketing efforts to retain existing customers and foster loyalty.
Businesses should focus on building strong relationships with their existing customers through personalised experiences and relevant content. Plus, they should monitor customer retention in case it drops.
Retention can be helped by sending personalised content, offering exclusive discounts, providing birthday or anniversary vouchers, creating loyalty programmes, and always providing exceptional customer service.
21. Customer satisfaction
Customer satisfaction reflects the level of contentment and fulfilment experienced by your customers. Make sure you regularly measure customer satisfaction through surveys, ratings, or other feedback mechanisms.
Use this data to identify areas for improvement and use your content strategy to address these concerns. Perhaps you release a blog post detailing your new post and packaging system or send an email with an exclusive discount code to everyone who’s recently spoken with your customer service team.
To learn how you can optimise your content strategy for 2023, check out this article.
If you’d like help launching or refining your content strategy, our team at purpleplanet would love to help. Click the button below to reach out or learn more about our services.