To Determine The ROI Of Your Social Media Activities, Which Hootsuite Product Would You Use

To Determine The ROI Of Your Social Media Activities, Which Hootsuite Product Would You Use?

published on: 20.04.2021 last updated on: 21.10.2024

To Determine The ROI Of Your Social Media Activities, Which Hootsuite Product Would You Use?

  1. Hootsuite Metrics
  2. Hootsuite Solutions
  3. Hootsuite Social ROI
  4. Hootsuite Analytics
  5. Hootsuite ROI Calculator

Correct Answer – Hootsuite Analytics

Measuring the results, and calculating the ROI is very essential for any business. You must know how much you are getting in return with respect to your investment. The more the ROI is, the better the profit percentage.

Businesses nowadays are not limited to traditional marketing only. They are expanding through every possible platform. And when talking about the platforms, social media has to be the biggest and the most widely-used one. 

But running campaigns on social media and managing the online presence is not enough. You must evaluate the outcome of all your efforts. You must analyze how well your campaigns are going and which one is not giving you good results.

Here comes the role of social media management tools. These tools are there to manage multiple social accounts from a single dashboard. You can track how your campaigns are performing, what people are talking about your posts, create posts or messages across different platforms in a single click, bulk compose messages, analyze your results, etc. Example – Hootsuite

Hootsuite Overview

Hootsuite is a social media management platform. It is highly efficient and widely used by social media experts around the world. It manages your social campaigns better than any other platform available. It works as a social media manager.

Users can manage multiple accounts across different platforms, with ease at their fingertips. There’s no need to remember multiple IDs and passwords of different accounts. You can manage them all just from a single dashboard. 

Users can create posts, messages, create social media managing team and can track their activities, measure the ROI, etc. There are multiple benefits of using Hootsuite.

Benefits Of Hootsuite –

As we mentioned earlier there are several benefits of Hootsuite. Let’s take a look at those.

  1. Users can schedule their posts in advance as per the time zone of the location the posts are going to be broadcasted.
  2. Users can monitor the number of likes, new followers, shares, etc.
  3. Hootsuite works as a social media analytics tool as well. Users can track important data that are very important for analyzing the ROI.
  4. Users can create a team of social media handlers and can even manage their activities.
  5. You can track what people are talking about your products or services and can respond back to them. It helps in creating good customer service.

Why Should You Measure The ROI?

Are you stuck in the dilemma if measuring social media ROI is important or not? Then you must rethink again. 

Measuring the ROI is as important as other vital aspects of any business. It is highly required to understand how much you have invested in terms of money, efforts, and how much you are getting in return. 

Here we will talk about some of the major points on why you should measure the ROI of your social media activities.

  1. Measuring the ROI is a universal measure for business success. It tells you about a lot of important aspects of your business.
  2. Measuring the ROI gives you an in-depth idea of which campaigns are working for you and which you should hold back.
  3. ROI helps businesses expand more.
  4. The data gained from ROI helps to create new strategies for businesses.

Conclusion – 
Hootsuite helps you manage your social media activities and analyze the performance of your campaigns. Measuring the ROI of social media activities is highly required for any business.

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Mashum Mollah is an entrepreneur, founder and CEO at Viacon, a digital marketing agency that drive visibility, engagement, and proven results. He blogs at BloggerOutreach.io.

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