Three Facebook Metrics to Track Your Guide

Three facebook metrics to track

Three Facebook metrics to track are essential for any social media strategy. Understanding these crucial indicators allows you to measure success, adapt your approach, and ultimately achieve your business goals. This guide dives deep into the top three metrics, offering practical insights and actionable strategies.

We’ll explore how these metrics—reach, engagement, and audience insights—impact your Facebook presence. From analyzing campaign performance to identifying trends and troubleshooting issues, this comprehensive overview equips you with the knowledge needed to effectively leverage Facebook for your business.

Table of Contents

Introduction to Facebook Metrics

Three facebook metrics to track

Understanding Facebook metrics is crucial for any social media marketer. These metrics provide valuable insights into how your Facebook page is performing and allow you to adjust your strategy for better results. A solid grasp of these metrics is key to achieving your business objectives on Facebook.Tracking Facebook metrics is not just about vanity numbers; it’s about understanding what’s working and what’s not.

Keeping tabs on your Facebook performance is crucial. Three key metrics to track are engagement rate, reach, and website clicks. Understanding how these metrics evolve is essential for gauging your marketing effectiveness. This insight is vital to adapting strategies. This is where the new model of accounting marketing comes in; accounting marketing a new model emerges is changing the game.

By incorporating these shifts, you can optimize your Facebook campaigns for maximum impact, which will inevitably lead to improved results for these key metrics.

By analyzing these metrics, you can identify areas for improvement and optimize your content, targeting, and overall strategy to maximize engagement and achieve your business goals.

Key Performance Indicators (KPIs) in Social Media Marketing

Key Performance Indicators (KPIs) are quantifiable measurements used to assess the success of a social media marketing campaign. They provide a clear picture of how well your strategies are performing and whether you are meeting your business objectives. KPIs are crucial for tracking progress and making data-driven decisions.

Importance of Tracking Facebook Page Metrics

Tracking metrics for your Facebook page is essential for a successful social media strategy. Detailed insights into your page’s performance enable you to understand audience engagement, identify content that resonates best with your target audience, and ultimately optimize your efforts for maximum impact. Regular monitoring allows you to identify trends, measure the effectiveness of campaigns, and adjust your approach to improve results.

Identifying Appropriate Metrics for a Specific Business Objective

The choice of Facebook metrics depends heavily on your specific business objectives. If your goal is brand awareness, metrics like reach and impressions will be paramount. For lead generation, metrics such as click-through rates (CTRs) and conversion rates are more important. Thorough analysis of your objectives helps you determine the most relevant and impactful metrics. For instance, a company focusing on e-commerce might prioritize metrics like website clicks from Facebook posts and purchases originating from Facebook ads.

Vanity Metrics vs. Actionable Metrics

Vanity metrics are metrics that look impressive but don’t necessarily translate into tangible business results. Examples include the number of likes, shares, and comments. While these metrics might seem positive, they don’t always indicate genuine engagement or conversions.Actionable metrics, on the other hand, directly contribute to achieving your business objectives. These metrics provide insights into how your strategy is impacting your bottom line.

Examples of actionable metrics include website traffic from Facebook, conversion rates from Facebook ads, and cost-per-acquisition (CPA). The distinction between vanity and actionable metrics is vital for focusing on strategies that drive actual results rather than simply impressing with superficial numbers.

Identifying the Top 3 Facebook Metrics

Tracking Facebook performance requires focusing on key metrics that reveal how your strategy is impacting your business objectives. Choosing the right metrics is crucial; a scattergun approach to data collection often leads to wasted time and effort. The metrics discussed here are vital for understanding campaign success, optimizing future efforts, and aligning actions with business goals.

Crucial Facebook Metrics for Business Success

Understanding which Facebook metrics matter most depends heavily on your specific business objectives. These objectives, ranging from brand awareness to direct sales, dictate the metrics that will best illuminate progress. The three metrics Artikeld below offer a robust foundation for measuring success across various business goals.

Reach

Reach represents the total number of unique users who saw your Facebook content. This metric is critical for assessing brand visibility and audience size. A high reach indicates a broad audience is engaging with your content, while low reach might suggest a need to refine targeting or content strategy. Understanding your target audience’s interests and demographics is key to optimizing reach.

For instance, a brand focusing on attracting young professionals in the tech industry will have a different ideal reach than a local bakery aiming for neighborhood families.

Engagement

Engagement encompasses interactions like likes, comments, shares, and saves. It indicates audience interest and involvement with your content. Higher engagement rates signify that your content resonates with your audience, leading to greater brand loyalty and advocacy. For example, a company aiming to generate leads might focus on posts that prompt questions or discussions, leading to more meaningful interactions.

A high engagement rate on a product launch post suggests strong interest in the offering, while low engagement might point to needing more compelling content.

Website Traffic

Website traffic, originating from Facebook, provides a direct link to how Facebook activity translates into tangible results. This metric is crucial for businesses aiming to drive sales or generate leads. A consistent flow of traffic from Facebook to your website indicates that your Facebook strategy is effective in driving desired actions. If the traffic is low, you might need to improve the value proposition of your Facebook posts, consider using compelling calls to action, or examine the quality of your landing pages to improve conversion rates.

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Analyzing Reach and Engagement

Understanding Facebook reach and engagement is crucial for evaluating the effectiveness of your marketing campaigns. These metrics provide insights into how many people are seeing your content and how they are interacting with it. A high reach doesn’t automatically translate to high engagement; a balanced approach is needed to understand the true impact of your efforts. This section delves into calculating and interpreting reach, exploring different engagement metrics, and examining their relationship to marketing campaigns.Effective social media campaigns require a nuanced understanding of both reach and engagement.

Reach represents the potential audience exposed to your content, while engagement quantifies the active responses from that audience. Analyzing these metrics together reveals how your content resonates with your target demographic, enabling informed adjustments to your strategy. This holistic perspective is critical for maximizing the impact of your marketing efforts.

Calculating and Interpreting Reach Metrics

Facebook reach measures the unique number of people who saw your posts. It’s important to distinguish between reach and impressions. Reach represents the distinct users, while impressions count every time a post was shown, regardless of whether different users saw it. Reach data provides valuable insights into the potential audience exposed to your content. Higher reach suggests wider visibility, potentially expanding your brand’s reach.

Types of Engagement Metrics and Their Significance

Various engagement metrics offer insights into how users interact with your content. Likes, comments, shares, and saves are key indicators of user interest and content resonance. Likes show simple appreciation, comments reveal deeper engagement and conversation, shares amplify your message, and saves indicate users plan to revisit or use the content later. Understanding the nuances of each metric helps you fine-tune your content strategy.

  • Likes: Represent simple expressions of appreciation or agreement with your content. A high number of likes can indicate that your content resonates with your audience and is generally well-received. A significant drop in likes can indicate a change in audience sentiment or a shift in content relevance.
  • Comments: Represent a deeper level of engagement. Comments foster discussions and interactions, providing valuable feedback and insights into user opinions and concerns. Comments provide an opportunity to directly interact with your audience, strengthening relationships and building brand loyalty.
  • Shares: Signify that your content is valuable enough for users to share it with their own networks. Shares significantly expand your reach, exposing your content to a wider audience and boosting brand awareness. Tracking share counts can reveal content that resonates strongly with your audience.
  • Saves: Reflect that users intend to revisit or utilize the content at a later time. High save rates suggest your content is valuable, informative, or visually appealing, indicating potential future engagement.

Examples of Reach and Engagement in Marketing Campaigns

A successful social media campaign for a new product launch could involve targeted ads to reach a specific demographic. High reach coupled with significant engagement (likes, comments, shares) would indicate the campaign’s effectiveness in attracting and engaging the target audience. A campaign focused on driving website traffic might track clicks as a key engagement metric. A strong correlation between reach and click-through rates suggests that the campaign is effectively driving the desired action.

Comparing and Contrasting Reach and Engagement Metrics

Metric Description Significance Example
Reach Unique users who saw the post Indicates potential audience exposure A post reaching 10,000 users indicates a wide potential audience
Likes Number of likes on a post Shows general audience approval A post with 500 likes suggests positive audience response
Comments Number of comments on a post Indicates audience interaction and feedback A post with 20 comments suggests active discussion
Shares Number of times a post was shared Signifies content value and viral potential A post shared 100 times indicates high value for the audience
Saves Number of times a post was saved Indicates potential future engagement and interest A post saved by 150 users indicates potential future interest

Assessing Audience Insights

Unveiling the secrets of your Facebook audience is crucial for effective marketing. Understanding your target demographic, their interests, and their online behavior allows you to tailor your strategies for maximum impact. Facebook’s Audience Insights tool provides a wealth of data, empowering you to make informed decisions about your campaigns.Leveraging this data can significantly improve the ROI of your Facebook advertising.

By understanding your audience’s preferences and behaviors, you can create highly targeted campaigns that resonate with them, ultimately leading to higher conversion rates and a stronger return on your investment.

Demographic Data for Targeted Advertising

Demographic data, such as age, gender, location, and education level, provides a foundational understanding of your audience. This information allows for precise targeting, enabling you to show ads to individuals most likely to be interested in your products or services. For instance, a company selling children’s clothing can target ads specifically to parents of young children in a particular geographic area.

This level of specificity ensures that your marketing dollars are spent efficiently.

Interest Data and its Value

Facebook’s interest data goes beyond basic demographics. It reveals the specific passions, hobbies, and online activities of your audience. Understanding these interests allows for the creation of highly relevant ad copy and visuals. For example, if your target audience shows a strong interest in photography, you can tailor your ads to showcase the aesthetic qualities of your products.

This deeper understanding of user interests will help you craft more persuasive marketing messages.

Audience Segmentation for Optimized Campaigns

Segmenting your audience allows you to create more effective campaigns by tailoring your message to specific groups. Instead of a single, broad message, you can create targeted messages that resonate with each segment’s unique needs and preferences. This approach fosters stronger connections with your audience and leads to higher engagement. For instance, you could segment your audience based on purchase history, website activity, or engagement with past Facebook posts.

Audience Insights and Strategic Implications

Audience Insight Strategic Implications
Age Adjust ad creatives, language, and tone to resonate with the specific age group.
Location Geo-target ads to specific regions or cities for increased relevance.
Interests Craft ad copy and visuals aligned with the audience’s interests to enhance engagement.
Relationship status Tailor messaging to address the needs and preferences of single, married, or other relationship statuses.
Education Adjust ad copy to match the educational level of the audience and the complexity of the products or services.
Job title Align messaging to the specific job roles and career aspirations of the target audience.

Evaluating Ad Performance

Understanding how your Facebook ads perform is crucial for optimizing your marketing budget and achieving your goals. This involves more than just seeing if people are clicking; it’s about digging into the data to identify what’s working and what needs adjustment. Tracking ad performance metrics provides invaluable insights into campaign effectiveness, allowing you to fine-tune your strategy and maximize ROI.A deep dive into ad performance goes beyond simply counting clicks.

It involves analyzing a variety of metrics to understand the entire customer journey and the effectiveness of your ad copy, targeting, and visuals. This comprehensive analysis enables data-driven decisions, ensuring your ad spend yields the best possible results.

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Key Ad Performance Metrics

Understanding various metrics is essential to assess ad performance. These metrics provide a clear picture of how your ads are performing, allowing you to identify areas for improvement and optimize your campaigns for better results.

  • Click-Through Rate (CTR): CTR measures the percentage of people who saw your ad and subsequently clicked on it. A higher CTR suggests your ad copy and visuals are compelling and effectively capturing user attention. For example, a CTR of 5% indicates that 5 out of every 100 people who saw your ad clicked on it.
  • Cost Per Click (CPC): CPC measures the amount you pay each time someone clicks on your ad. A lower CPC is generally desirable as it indicates you’re getting more clicks for your budget. For instance, a CPC of $0.50 means you spend $0.50 every time someone clicks on your ad.
  • Conversion Rate: Conversion rate measures the percentage of people who clicked on your ad and completed a desired action, such as making a purchase or filling out a form. A high conversion rate signifies effective ad targeting and compelling calls to action. For instance, if 10 out of 100 clicks result in a purchase, your conversion rate is 10%.

    Keeping tabs on your Facebook performance is key. Three crucial metrics to track are engagement rate, reach, and website clicks. Understanding how these metrics relate to your overall strategy is essential. However, with Google’s new Demand Gen Channel Controls Beta program, googles demand gen channel controls beta , you might need to adjust your approach.

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  • Return on Ad Spend (ROAS): ROAS measures the revenue generated for every dollar spent on your ad campaign. A higher ROAS indicates a more profitable ad campaign. For example, an ROAS of 5x means that for every dollar spent on ads, you generate $5 in revenue.
  • Impressions: The total number of times your ad was displayed. While not a direct measure of effectiveness, impressions provide a sense of reach and visibility. A high number of impressions can suggest a broad reach, but it’s vital to correlate this with other metrics to assess actual engagement and conversions.

Analyzing Ad Performance Data

To improve your ad campaigns, analyze your data to pinpoint strengths and weaknesses. Identify which ad creatives, targeting options, and bidding strategies are most effective. Use this information to refine your campaigns, optimizing your budget and resources for maximum impact.

Metric Interpretation Example
Click-Through Rate (CTR) Percentage of impressions that resulted in clicks. A CTR of 2% means 2 out of every 100 people who saw your ad clicked.
Cost Per Click (CPC) Cost of each click on your ad. A CPC of $0.50 means you spend $0.50 every time someone clicks on your ad.
Conversion Rate Percentage of clicks that resulted in a desired action (e.g., purchase). A conversion rate of 10% means 10 out of every 100 clicks led to a purchase.
Return on Ad Spend (ROAS) Revenue generated per dollar spent on ads. An ROAS of 3x means that for every dollar spent on ads, you generate $3 in revenue.

Comparing Metrics Across Different Timeframes

Understanding Facebook metrics isn’t just about a snapshot in time; it’s about seeing the bigger picture. Tracking metrics over various periods reveals crucial trends and patterns, enabling informed decisions about your Facebook strategy. This deeper understanding allows you to identify what’s working, what’s not, and how to optimize your approach for better results.Analyzing metrics across different timeframes is essential for identifying growth, seasonal fluctuations, and overall performance.

This dynamic perspective helps you fine-tune your strategies, adapt to changes in audience behavior, and ultimately maximize your Facebook presence.

Importance of Analyzing Metrics Over Time, Three facebook metrics to track

Analyzing metrics over time reveals significant trends and patterns that might not be apparent from a single data point. For example, a sudden drop in engagement might be a temporary blip or a symptom of a larger issue. By observing the data over weeks, months, or even quarters, you can gain a clearer understanding of the underlying causes and develop targeted solutions.

Identifying Trends and Patterns in Metric Data

Regularly examining metric data allows you to spot emerging trends and patterns. A consistent increase in reach, for instance, might indicate a successful campaign, while a steady decline could suggest that the content isn’t resonating with your target audience. Careful observation helps you identify these patterns and adjust your strategy accordingly.

Using Dashboards and Reports to Monitor Performance

Facebook provides comprehensive dashboards and reporting tools that make tracking metrics over time straightforward. These tools consolidate key metrics, enabling you to visualize trends and patterns. Understanding how to interpret these reports is crucial for making informed decisions. Utilizing built-in features like custom date ranges allows you to isolate and compare data from different periods.

Comparing Metrics Across Different Periods

Comparing metrics across various periods, such as weekly, monthly, and quarterly, is vital for gaining a comprehensive view of performance. A simple table can help you visualize the data:

Metric Weekly Monthly Quarterly
Reach 10,000 40,000 120,000
Engagement 2,000 8,000 24,000
Cost Per Click (CPC) $0.50 $0.45 $0.40

This table illustrates how a weekly reach of 10,000 might increase to 40,000 monthly and 120,000 quarterly. This type of comparison helps you identify consistent improvements or sudden declines, revealing patterns that can be leveraged for better future performance.By analyzing metrics over different timeframes, you can gain a deeper understanding of your Facebook performance, uncover hidden trends, and make data-driven decisions to optimize your strategy and achieve better results.

Troubleshooting Low Performance

Facebook’s vast reach offers significant marketing potential, but consistent low performance in key metrics like reach, engagement, and ad performance can be frustrating. Understanding the root causes and implementing effective troubleshooting strategies is crucial for optimizing your Facebook presence. This section dives into potential issues and provides actionable steps to revitalize your Facebook campaigns.

Potential Reasons for Low Reach

Low reach often stems from factors beyond simply creating compelling content. Targeting limitations, algorithm changes, and inadequate budget allocation can all contribute to a reduced audience reach. Facebook’s algorithm prioritizes content relevant to users’ interests and behaviors, meaning simply posting frequently might not guarantee increased visibility.

  • Targeting Issues: A poorly defined target audience or incorrect targeting parameters can drastically limit reach. Ensuring your audience segments align with your product or service is critical. If your target demographic is too broad, your content may not resonate with a significant portion of the audience. Narrowing down the criteria to a more specific and engaged audience segment can significantly boost your reach.

  • Content Relevance: The quality and relevance of your content play a significant role. If your posts aren’t engaging or don’t align with your audience’s interests, they’re less likely to be seen. Analyzing audience feedback and tailoring content to their preferences is key. Content that addresses current trends or provides valuable information often performs better.
  • Budget Constraints: An insufficient budget for advertising can limit reach. Increasing your budget, or optimizing your spending for the most effective audience, can expand your potential reach.
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Addressing Low Engagement

Low engagement often signifies that your content isn’t resonating with your audience. This could be due to poor content quality, a lack of interaction, or a mismatch between your brand voice and audience expectations.

  • Content Quality: High-quality content, whether visually appealing or informative, is crucial for capturing attention. If your content lacks visual appeal, try using high-resolution images, compelling videos, or interactive elements.
  • Engagement Strategies: Engaging with your audience through polls, questions, and comments can increase interaction. Encouraging discussions and asking questions can foster a sense of community and encourage more organic engagement.
  • Brand Consistency: Maintaining a consistent brand voice and tone across all platforms is important. Inconsistency can confuse your audience and reduce engagement.

Troubleshooting Low Ad Performance

Low ad performance often results from ineffective targeting, poorly designed ads, or insufficient budget allocation. It’s crucial to monitor and analyze ad performance metrics to identify areas for improvement.

  • Ad Creative Optimization: Testing different ad creatives, including images, videos, and text, is essential. Experimenting with various formats, visuals, and messaging can yield better results.
  • Targeting Refinement: Reviewing and refining your target audience is crucial for ensuring your ads reach the most relevant users. If your ad campaign is targeting the wrong audience, it’s less likely to generate conversions or achieve the desired outcomes.
  • Budget and Bidding Strategies: Optimizing your budget allocation and bidding strategies can improve ad performance. Adjusting bids and spending strategies based on campaign performance is important.

Real-World Examples

Numerous businesses have successfully navigated low Facebook performance challenges. A clothing retailer, for example, initially struggled with low engagement. By shifting to more visually appealing content and implementing interactive elements, they saw a significant increase in engagement. Similarly, a small business found that re-targeting specific customer segments with more personalized ads boosted their ad performance.

Optimizing Facebook Strategy Based on Metrics

Three facebook metrics to track

Tracking Facebook metrics is just the first step. Truly leveraging this data requires a proactive approach to optimization. This involves analyzing the insights gleaned from your metrics to fine-tune your strategy, adapting content, targeting, and ad spend to maximize performance and achieve your business objectives. Understanding how to react to your data is key to consistent success.

Adjusting Content Based on Performance

Analyzing reach and engagement metrics reveals patterns in audience response to different content formats. If certain types of posts consistently outperform others, increasing the frequency of those high-performing posts can boost engagement. Conversely, if certain content types receive little interaction, adjustments should be made. This could involve experimenting with different visual styles, tones, or even the topics covered.

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A good example is a company noticing that posts with behind-the-scenes content receive significantly more engagement than promotional posts. They could then prioritize this type of content, tailoring it to resonate with their audience’s interests.

Refining Targeting Strategies

Audience insights provide valuable data on demographics, interests, and behaviors. If a particular segment shows strong engagement, consider tailoring your targeting to focus on similar audiences. This can involve refining your targeting parameters on Facebook Ads Manager or adjusting your organic content to resonate more deeply with these segments. For example, if a specific age group or interest group is demonstrating high engagement, a brand could dedicate more resources to content tailored to that particular audience.

Optimizing Ad Spend

Ad performance metrics directly inform the effectiveness of your ad campaigns. If certain ad creatives or targeting options are significantly outperforming others, increasing the budget allocated to those successful elements can yield better returns. Conversely, if certain ad sets are underperforming, either the ad creative needs adjustment or the targeting needs refining. For example, a business might discover that video ads targeted at professionals in a particular industry generate significantly higher conversion rates.

They could then allocate a larger portion of their budget to these high-performing video ads.

Case Study: Optimizing a Fitness Brand’s Facebook Strategy

A fitness brand noticed a significant drop in engagement on their Facebook page. Analyzing their metrics, they found that posts related to workout routines were performing significantly better than those focused on general fitness advice. They adjusted their content strategy, creating more workout-focused posts and using high-quality images and videos. Within two weeks, engagement increased by 30%.

This shows how a data-driven approach can lead to significant improvements.

Flowchart for Optimizing Facebook Strategy

Step Action
1. Track Metrics Monitor reach, engagement, and ad performance consistently.
2. Analyze Performance Identify patterns and trends in the data.
3. Adjust Content Create more of the high-performing content types.
4. Refine Targeting Tailor content and ad targeting to resonate with high-performing segments.
5. Optimize Ad Spend Increase budget for high-performing ads and ad sets.
6. Re-evaluate and Iterate Continuously monitor results and adapt your strategy accordingly.

Illustrative Examples

Tracking Facebook metrics isn’t just about numbers; it’s about understanding how those numbers translate into real-world results for your business. Illustrative examples highlight how different businesses have successfully leveraged Facebook campaigns, demonstrating the impact of targeted strategies on key performance indicators (KPIs). This section dives into practical applications, showcasing how various content types and campaign approaches can directly influence engagement, reach, and ultimately, business outcomes.Successful Facebook campaigns often go beyond simple posting; they’re meticulously crafted strategies that align with specific business goals.

By examining the metrics used to track progress, we can better understand the underlying strategies that drive success. This section explores hypothetical scenarios and real-world examples to illustrate these concepts.

Successful Facebook Campaign Examples

Understanding successful campaigns involves analyzing the use of specific Facebook metrics. A clothing retailer, for example, might focus on engagement metrics to drive customer interaction with new product launches. By running contests or polls, they can generate significant interaction, fostering a sense of community and driving traffic to their online store. This increase in engagement can directly translate into sales and brand loyalty.

Conversely, a B2B SaaS company might prioritize reach metrics, focusing on targeted advertising campaigns to reach specific demographics within their industry.

Hypothetical Scenarios and Metric Needs

Different business types have unique Facebook needs. A local bakery might focus on engaging local customers through visually appealing posts and promotions, tracking reach and engagement to identify the most effective content formats. This includes high-quality photos of baked goods, coupled with targeted local ads. Meanwhile, a large e-commerce company might need to understand the performance of various ads across different demographics.

They might track ad performance and audience insights to optimize their ad spend, reaching the right audience segments most effectively.

Content Types for High Engagement and Reach

Visual content, such as high-quality images and videos, consistently performs well on Facebook. For instance, a fitness studio could use engaging videos of workout routines to attract potential customers. These types of videos, combined with relevant captions and hashtags, can significantly boost reach and engagement, creating a strong online presence. Similarly, interactive content, such as quizzes and polls, can boost engagement and encourage user participation.

This type of content encourages comments and shares, increasing visibility and reaching a wider audience.

Relationship to Top Three Metrics

These examples demonstrate a clear link between the chosen content strategies and the top three Facebook metrics: reach, engagement, and audience insights. By carefully selecting content formats that resonate with their target audience, businesses can drive higher engagement rates, broader reach, and deeper understanding of their audience preferences. The resulting data then informs future campaign strategies, creating a virtuous cycle of improvement and growth.

Wrap-Up: Three Facebook Metrics To Track

Tracking the right Facebook metrics is critical for optimizing your social media strategy. By focusing on reach, engagement, and audience insights, you can fine-tune your approach and maximize your return on investment. This guide provides a roadmap to success, empowering you to effectively utilize Facebook to achieve your business objectives. Understanding these key performance indicators will allow you to continuously adapt and improve your Facebook strategy.

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