Estimated brand reach is the most important high-level metric that everyone seems to either interpret incorrectly, or ignore altogether.
Why? Because itโs a tough nut to crack.
By definition, brand reach is a headcount of unique โindividualsโ who encounter your brand, and you cannot de-anonymize all the people on every one of your web channels. Simply put, two โsessionsโ or โusersโ in your analytics could really be from one person, and thereโs just no way you could know.
Nevertheless, you can and most definitely should estimate your brand reach. And you should, and most definitely can, use that data in a meaningful way.
For instance, itโs how we confirmed that:
-
It was time to abandon an entire paid channel in favor of a different one.
-
Thereโs a near-perfect correlation between our engaged reach and our lead generation.
And thatโs just the tip of the iceberg. Letโs dive in.
What is reach?
Reach counts the number of actual people who come in contact with a particular campaign. For example, if 1,500 people see a post on Instagram, your reach is 1,500. (Warning: Take any tool claiming to give you a โreachโ number with a grain of salt. As we covered earlier, itโs really hard to count unique individuals on the web).
Impressions, on the other hand, is , specifically.
The only reason we know this is that we meet as a team regularly to look over this data, and weโre always debriefing one another on the types of actions weโre taking on different campaigns. This structured, frequent communication helps us pull insights from the data, and from each other, that weโd otherwise never uncover.
Why this work is so worth doing
If at some point while reading this article youโve thought, โdang, this seems like a lot of work,โ you wouldnโt necessarily be wrong. But you wouldnโt be right, either.
Because most of the actual work happens upfront โ figuring out exactly which channels youโll track, and how youโll track them, and building out the pivot tables that will help you visualize your data month after month.
Pulling the data is a monthly activity, and once you have your methods documented (write down EVERYTHING, because a month is a long time to remember precisely how youโve pulled data), itโs pretty easy.
One person on our team spends about one hour per month pulling this data, and then I spend maybe another two hours analyzing it, plus 15 minutes or so presenting it at the start of each month.
Weโve only been doing this for about half a year, but itโs already filled gaps in our reporting, and itโs provided us with clues on multiple occasions of where things might be going wrong, and where we should be doubling down on our efforts.
Eventually, we even hope to help use this as a forecasting tool, by understanding the relationship between reach and sales meetings, but also reach and the most meaningful metric of all: revenue.
How cool would that be?