Thursday, 12 October 2023

3 ways to get more from your data with Sprout custom reporting

Just as there is no such thing as a one-size-fits-all social strategy, there’s no one social report that works for every team.

Data analysis and social media reporting are becoming increasingly important skills for social media marketers. Today, there’s an increased pressure, and need, to use this data in more sophisticated ways—on the social team, and beyond. According to The Sprout Social Index™ 60% of marketers plan on connecting social to business goals by quantifying the value of social media engagement in terms of potential revenue impact.

As brands and business leaders realize this potential, they place a growing emphasis on the need for marketers to understand and share their data in the context of specific goals and strategies. In order to do so, modern teams must be able to easily create custom reports.

In this article, learn the importance of custom reporting, and how Sprout customers are using their custom reports to empower swifter, better-informed decision-making.

What custom reporting in Sprout looks like

The value of social media and the insights that come from it has never been more widely understood. According to this year’s Index, 76% of marketers agree that their social insights inform other departments.

A data visualization from The Sprout Social Index™ that reads, "76% of marketers agree that their social insights inform other departments."

The more influential social insights become, the more robust, agile and focused your reports must be. Adding a custom reporting ability to your social media analytics tools enables them to serve the needs of various teams.

Sprout Social’s Report Builder and Custom Reports enable your team to feature the data that matters most to the stakeholders receiving it—at scale. With the ability to customize widgets that use data already available in Sprout, marketers can arrange their reports to tell the story that matters most.

A screenshot of a custom report being built in Sprout where a list of available widgets is displayed on the right side of the screen, and a high-level data widget has been added to the top of the report.

The Report Builder enables your team to share impactful cross-org reports and recommendations that have real business impact, fast. Your team can build a report from scratch, or customize Sprout’s existing templates by selecting and adding dozens of widgets to hone in on key data. And with text widgets, write in context and recommendations based on insights or add a full analysis.

A screenshot of the custom report builder in Sprout where a text widget has been added. In the text widget is a short description of what report readers will find in the report.

Custom reporting is available with Sprout’s Premium Analytics, which can be added to any Sprout plan. If you haven’t tried Sprout’s social media reporting options yet, request a personalized demo to get hands-on experience.

Request a personalized demo

To give you some ideas, let’s look at some stand-out ways that Sprout customers are using custom reports.

3 Sprout custom reporting examples that tell a richer story about social’s impact

Some of the most important questions about social’s impact are often the most difficult to answer. What’s the ROI of our efforts? What did this influencer campaign do for us? How do people feel about our content?

Social marketers are finding creative ways to connect their social efforts to business impact through data storytelling. Here are three stand-out ways we’ve seen customers enhance their social media reporting to answer tough questions with Sprout’s Report Builder.

In-depth campaign performance reporting

Creator and content campaigns are as crucial as they are notoriously hard to report on. According to a Q3 2023 Sprout Pulse Survey, 47% of respondents said their main challenge when implementing influencer marketing was measuring campaign effectiveness.

A data visualization that reads, "47% of respondents to a Q3 Sprout Pulse Survey said their main challenge when implementing influencer marketing was measuring campaign effectiveness."

Custom reports bring clarity to this common challenge, and make it easier to confidently understand on your campaigns and influencer partnerships. They bring all of the KPIs into one streamlined report to tell a wider ROI story about your campaign.

One stand-out Sprout customer in the travel and meeting planning industry uses a custom campaign report to understand campaign performance and share it with external stakeholders. Their key to success is including widgets that provide a holistic view of their influencer campaigns. The Tag Performance Widget enables them to show data from the campaign-specific posts.

They also include social listening widgets featuring a topic summary, listening engagement and potential impressions. This enables them to show stakeholders how their influencer campaign impacted related conversations and engagements in the wider social space. Here’s what a general version of those two widgets looks like:

A screenshot of a custom report being built in Sprout with a Tag report widget and listening topic summary widget added to the report. The Tag report only has four tags selected to compare how they perform against each other, and to compare campaigns. The listening topic summary has not yet pulled in data.

Beyond helping their social team make strategic partnership decisions, this report also helps them connect influencer campaigns to other business functions, sharing their custom campaign report with other teams to tell an easy-to-understand ROI.

There are endless ways to mix and match widgets to highlight social data in action. And various combinations have enabled customers to report on campaigns in different ways, to different stakeholders. One Sprout customer creates custom reports to highlight their end-of-year campaign success. Another uses theirs to share biweekly brand partnership reports across dozens of corporate partners. Combine different widgets, like listening, tag and post performance widgets to capture the full scope of your campaigns.

Tailored benchmarking and quarterly reports

Quarterly audits and benchmarking reports are two halves of one holistic story about your social strategy and overall brand health. When combined, they empower smarter decision-making by giving your strategy context against your competitors.

But the level of detail these reports carry may be overwhelming for a busy C-suite. And given that 57% of marketers share social media metrics with executives weekly or monthly, according to our Index, creating focused reports is crucial.

A data visualization from The Sprout Social Index™ that reads, "57% of marketers share social media metrics with executives weekly or monthly."

A Sprout customer in the SAAS industry used custom reporting to answer their C-suite’s biggest questions about Instagram, while still serving their team’s needs.

While Sprout offers a pre-built Instagram competitive report, this customer wanted to create two competitive intelligence reports: a weekly one for their team to track trends and competitor engagement surges. And a monthly C-suite report laser-focused on top-level competitive intelligence.

Their monthly report told their C-suite about how their Instagram compared to their competitors—without getting bogged down by in-the-weeds data. While the weekly report helps them stay on-trend and on-pace with platform-specific widgets that track trends. Here’s an example of what similar cross-network widgets look like:

A screenshot of a custom report in Sprout where the Cross-Network Competitors Summary widget and Cross-Network Competitors Engagement widget have been selected for the custom report to highlight competitor performance.

With Sprout’s custom report builder, streamline or combine your larger audits and benchmarking reports—include cross-channel performance, competitive listening, customer care data and more for a 360-degree view of your strategy.

Pro tip: Create custom reports to hone in on the insights that matter most—for your team, or for other stakeholders—to get higher-impact insights from a lower lift. Tap into text widgets to give your data context with a SWOT analysis, and to prove ROI. Or, take this a step further by creating a custom report that serves as a social media dashboard your team and others can use to regularly enrich strategic business decisions.

A holistic view of organic vs. paid performance

According to a Q1 2023 Sprout Pulse Survey, marketers rank organic and paid social as their two most valuable social tactics—with organic out-ranking paid. Organic and paid social strategies go hand-in-hand, and reporting on them side-by-side can provide a holistic view to inform strategic decisions across your strategy.

The Paid vs. Organic Network Summary widget in the Premium Analytics Report Builder enables you to compare organic and paid content in custom reports across your Facebook, Instagram and LinkedIn profiles—no extra work needed from your team.

A screenshot of a custom report in Sprout with the paid vs organic network overview widget added.

If you want a more channel-by-channel view of your paid performance, there are widgets by network available, too. Sprout’s paid reporting options enable you to easily evaluate the success of paid social campaigns executed through Facebook, Instagram, LinkedIn and X (formerly known as Twitter). As well as widgets that show the performance of your owned organic content.

Use custom reporting to uncover and share the focused social insights that matter

You and your team are no strangers to reporting on social data. But social media has grown up—and reporting must evolve with it.

To uncover and share deeper insights, you need to create more sophisticated reports for your team, leadership and beyond.

Drill down on the insights that matter most to your social and business strategy faster, so you can focus on making improvements—not digging through data. Request a personalized demo of Sprout with Premium Analytics to see how custom reports simplify answering the tough and important questions for your business.

The post 3 ways to get more from your data with Sprout custom reporting appeared first on Sprout Social.



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