Who doesn’t love a good “like”? For destination brands, likes are often the sole measurement of your social media efforts. The problem? Things like fans, likes, page views, shares, and website visits are considered “vanity metrics” – data that makes us feel good but offers no real meaning. On the other hand, “actionable metrics,” like bounce rates, click-thru rates, and conversion rates are considered the far more worthwhile numbers. Say it ain’t so!
The truth is, actionable metrics are more useful in the long run. If you rely solely on vanity metrics, you’re not really getting any measurable info on the health of your business. And social media strategies that chase only this type of data may not translate to real life customers and visitors. That doesn’t mean all those likes are meaningless, however. Let’s break it down:
The trick is finding the right balance. Yes, you want likes. And if you want to increase brand awareness and get more eyes on your content, vanity metrics can certainly guide you along. But if you want to see how your efforts are making a difference to your bottom line (read: getting those turnstiles turning) you’ve got to measure your actionable data.