Top 8 Social Media Analytics Tools In 2024 To Maximize Your ROI

Social Media Analytics Tools

Curious why some social media strategies hit the mark while others miss? The answer lies in using the right social media analytics tool. These tools reveal what works and what doesn’t. In this blog, we’ll explore the top social media analytics tools for 2024. 

Understanding your social media data is essential. It helps you refine your strategies and boost your return on investment. You can make smarter choices by tracking your analytics. This step is important to run a successful social media marketing campaign

What Are Social Media Analytics Tools?

Social media analytics tools collect and study data from your social media. This data helps you understand your audience and how they interact with your posts. Moreover, these tools help you gain more followers, boost engagement, and improve conversion rates. 

Some tools also let you track what your competitors are doing. There are advanced tools which allow you to hear what people are saying about your brand. You can use such tools to improve your social media strategy. These tools give you important insights to strengthen your position in the market. 

Best Social Media Analytics Tools For Your Business

Selecting the right social media analytics tool can be tough. We’ve picked 8 best social media analytics tools for businesses and marketers in 2024. These analytics tools make it easier to track and improve your social media efforts.

HubSpot

HubSpot’s social media analytics platform serves as a central hub for gathering and analyzing your social media data. It allows businesses to track the return on investment (ROI) of their social media campaigns. You can also compare how your social media efforts perform across different platforms.

Features

  • Omnichannel Automation
  • Custom Reporting
  • CRM Integration

Price: Starts at $800/Month 

Google Analytics

We can’t overlook Google Analytics when listing top social media analytics tools. This analytics tool streamlines social media analytics with easy-to-use plugins and dashboards. It displays the key insights about your social media efforts. You can effectively manage your social media data and make informed decisions by using Google Analytics and its suite of tools. 

Features

  • Integrations with Other Google Tools
  • Customizable Dashboards

Price: Free (or consider Google Analytics 360 and GA4)

Sprout Social

Sprout Social’s Analytics tools collects and brings all your social data into one place. This platform offers many detailed analytics features such as automated data collection, customizable dashboards, and tracking tools. You can easily monitor the performance of your social media campaigns and keep an eye on your team’s activities. 

Features

  • Customizable Reports
  • Competitors Reports
  • Team Reporting

Price: Starting at $249/Month

Rival IQ

Rival IQ simplifies social media analytics by providing detailed data on profiles, followers, and post engagement across all your managed channels. The platform gives you a clear overview of your social campaigns through scheduled reports delivered to your inbox. Custom dashboards display the specific data and insights you need. It’ll help you keep track of your social media performance effortlessly. 

Features

  • Post Analysis
  • Hashtag Analytics
  • Social Audits

Price: Starting at $239/Month

Hootsuite

Hootsuite’s social media analytics platform allows businesses to track their campaigns and monitor competitors. Businesses can stay informed on key social media activities. These insights help them adjust their strategies and improve their chances of success.

Features

  • Social Listening
  • Goal-Based Reports
  • Competitive Benchmarking

Price: Starting at $99/Month

Social Media Analytics Tools

Zoho Social

Integrating Zoho Social is a smart choice if you’re using Zoho CRM. Zoho Social offers a seamless way to monitor your social media campaigns and generate custom reports. These reports track key performance metrics and help you stay on top of relevant trends. This integration makes it easy to manage both customer relationships and social media performance in one place.

Features

  • Zoho CRM Integration
  • Custom Reports
  • Revenue Tracking

Price: Starting at $14/Month

Keyhole

Keyhole provides you real-time insights to help you make informed decisions about your social media campaigns. You can track what your audience says about your brand and see how they interact with your posts with social listening tools. You can also monitor competitors using benchmark reports and comparison tools. This gives you a clear picture of your market position.

Features

  • Influencer Tracking 
  • Trend Analysis
  • Social Listening

Price: Starting at $79/Month

BuzzSumo

BuzzSumo helps you stay on top of key social media data without getting overwhelmed. Its tools allow you to track important trends, keywords, and events that matter most to your business. You can easily monitor your organic growth and adjust your campaigns as your content gains momentum.

Features

  • Keyword Tracking & Alerts
  • Trend Analysis
  • Competitor Tracking

Price: Starting at $119/Month

Benefits Of Using Social Media Analytics Tools

Social media analytics tools give you a clear picture of how your strategy is working. Here are the main benefits these tools offer:

  • Understanding Your Audience: The analytics tools help you see what content your audience likes. You’ll know how many people see your posts, how much they engage, and how fast your follower count grows. This particular data guides you on what to post and when to post, so your content always hits the mark.
  • Boost Engagement and Loyalty: Once your content matches with your followers expectations, they’ll connect with your brand. This connection builds trust and loyalty. It makes your followers more likely to interact with your posts.
  • Improve Your ROI: Social media analytics tools track important metrics like clicks, conversions, and follower growth. You can see which posts drive revenue by understanding these numbers. These insights help you focus on what works best which ultimately improves your overall results. 

Final Thoughts

Selecting the right social media analytics tool is crucial for success in 2024. These tools help you track performance, understand your audience, and improve your strategies. You can make data-driven decisions that boost engagement and grow your business with the right insights. Read out the tools mentioned above and find the best for your brand and needs. The right tool will make managing social media easier and more effective.

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