It’s become fairly common knowledge that video has ascended to the top of the heap when it comes to the most effective and engaging online marketing content. Video gets the most views, the most shares, the most comments, the most traffic and is a stellar media to convey just about any message your association, small business, non-profit or other organizations wants to get out there.
The rise of video to the top of the content marketing food chain means that many organizations (maybe even yours!) have created and populated YouTube channels. This is great, but any story of social media success involves tracking a platform’s results through key performance indicators. While you might be tempted to stick with the simpler, raw numbers, like views, comments and likes, when analyzing your videos and channel as a whole, these numbers don’t tell anywhere near the whole story. This is why we’ve come up with four other stats that will tell you way more about the impact of your videos and will allow you to delve deeper into the success of your YouTube strategy.
Subscribers Per Hundred Views
As we said in the introduction, views hardly ever tell the whole story behind a YouTube video’s success, especially when you are planning a sustained, long-term presence on YouTube and not just a one-hit wonder. Instead, your organization should focus on how many viewers your videos convert to subscribers.
The value of subscribers lie in their increased exposure to the brand, points of connection, opportunities to share and likelihood to provide traffic to links. A higher conversion rate means that your content is providing enough value to viewers that they want to be a part of your strategy for the foreseeable future. This number signals to you the quality of the views achieved, not only the quantity. Lastly, the ratio gives you an idea of what videos are most valued by your target audience, which comes in handy when increasing efficiency when creating new content for your YouTube channel.
Percentage of Views and Subscribers From Target Demographic
Speaking of your target audience, this KPI directly quantifies your channel’s success in reaching them, making a long-lasting impact on them and converting them loyal consumers of your brand.
Looking at the raw number of views any given video receives will not tell you if you are reaching the people who matter most to your association, small business or other organization. Your video could have 100,000 views, but if only 5% of those views are coming from people in your target demographic, it is not as successful as a video that has 50,000 views, but a target demographic viewership of 15%. Furthermore, breaking your subscribers down into demographics and analyzing how many are from your target audience group can also tell you if you are making gains or not and if you need to fine-tune your video strategy.
Quarterly Viewer Growth Or Decline
While the total number of views on your YouTube videos are a lesser stat when determining the success of your organization’s performance the platform, analyzing overarching trends over substantial time periods can give you an indication of what is working and what is not.
Calculating the rate of growth or decline from one quarter to the next isn’t a significant stat in and of itself, but can lead you ask and answer questions that are crucial to the continual improvement of your YouTube channel. For example, if the number of total views rose by 7% from Q1 to Q2, you can ask yourself if the content of the videos was different, if the style was different, if the way you shared the content on other platforms was different or if there was simply an outlier that can either be exploited or dismissed when planning for the future. Conversely, if the total views dropped, was there a reason or several reasons for that. Perhaps the content wasn’t relevant to your subscribers or the average length of your videos increased and became too long for multiple views and shares.
Top Influencer Shares
With any social media platform, shares (or retweets or the like) are one of the main ways to attract viewers to your content and expand your audience past your own network and YouTube is no different. Shares on Twitter, Facebook, LinkedIn and other platforms bring people your video and increase everything from views to subscribers to comment. However, not all shares are created equal.
We already talked about the importance of tracking the impact your videos have on your organization’s target demographics. The same concept should be applied to your channel’s subscribers; those who are part of your target demographic matter more as they are more likely to have a mutual beneficial relationship with you through the content on YouTube. The members of your target demographic who are well connected with other in your target demographic can be considered top influencers, as they have sway over the viewing behaviours of the people you want watching your videos. Determining how many of your total shares are from top influencers will tell you how well your video is doing in pulling in members of your target demographic and how well the video is doing at convincing top influencers that the content is valuable to them and their network.