Social Media Analytics is the practice of collecting, processing, and analyzing data from social networks to understand user behavior, engagement patterns, sentiment, content performance, and emerging trends. It supports data-driven decision-making in marketing, brand strategy, customer experience, and competitive intelligence.
Core Components
- Data Collection
Extracted via platform APIs or web scraping and includes metrics such as likes, comments, shares, impressions, follower activity, audience demographics, and content metadata.
- Performance Metrics & KPIs
Used to measure engagement and content efficiency. Common formulas include:
- Engagement Rate:
(Likes + Comments + Shares) / Impressions
- CTR (Click-Through Rate):
(Clicks / Impressions) × 100
- Follower Growth Rate:
Evaluates audience expansion over time.
- Sentiment Analysis
Uses NLP to classify opinions as positive, neutral, or negative.
Average sentiment:
Sentiment Score = Σ sentiment(i) / n
- Trend & Topic Analysis
Identifies viral themes, hashtags, and conversation patterns to track shifts in audience interest and content demand.
- Network Analysis
Applies graph theory to map relationships between users, identifying influencers, communication flow paths, and community structures.
Examples:
- Degree Centrality
- Betweenness Centrality:
BC = Σ(σst(v) / σst)
Mathematical Representation
ER = (Σ interactions / impressions) × 100
- Moving Average (Trend Tracking):
MA = (1 / t) × Σ engagement(i) over t
- Topic Modeling:
Often performed using Latent Dirichlet Allocation (LDA) to classify text into themes.
Related Terms