One of the biggest challenges B2B marketers face is measuring their success using social media. Social media should not exist in a silo and needs to connect to your business goals. Tying these together may not something that you can do right out of the gate. You need to establish social media goals that are in line with meeting business goals, and it might take you several steps to get there.
For example, if one of your business goals is to drive sales, as measured by increasing leads, you need social media goals that can get you there. You might start by growing your following base to increase reach. You might develop a content plan so you have something to share. You might set baselines of page views or other traffic driving metrics. These are all short terms goals that get you to your longer term goal of tracking how social media drives leads. And when starting out, you may not even have significant data to tie to lead generation.
A study by Chief Marketer and published by emarketer revealed that most B2B marketers are really at an early adoption stage of social media, because while they focus on social media engagement in their tactics, they are measuring their success by largely irrelevant numbers. 60% track followers and likes and only 35% measure qualified leads from social media as a metric of success.
What are your biggest challenges in measuring your social media success, and how do they compare with what other marketers are doing?