Understanding Instagram Reels Analytics: A Comprehensive Guide Part 2

You’ve learned about the importance of Instagram Reels analytics and why tracking them is your secret weapon. Now, let’s uncover the actionable insights that will help you refine your content, broaden your reach, and maximize your ROI.

I’ll cover actionable steps you could use to ensure your real estate Reels stand out in the competitive world of Instagram. Plus, if you’re all about numbers, I break down Instagram’s algorithms, revealing how they influence your content’s visibility and engagement. Get ready to supercharge your Instagram Reels game and leave your competition in the dust!

Table of Contents

• What Are Instagram Reels Analytics?
• Why You Should Track Reels Analytics
• How to Access Reels Analytics
• Key Metrics to Monitor
• Algorithm Insights
• Competitive Analysis
• Actionable Steps
• Common Pitfalls
• Advanced Metrics
• Tools and Resources
• Future Updates

Actionable Steps

Of course goals are great but nothing can happen until you take that first step! In this section, we’ll transition from theory to practice, providing you with a “How To” to harness the power of Instagram Reels analytics for your real estate marketing endeavors.

Content Strategy

We’ll kick things off by exploring how to fine-tune your content strategy based on the insights gained from your Reels analytics.

Prepare Your Strategy

1. Analyze Your Audience: Use Instagram Insights to gather data on your followers’ demographics, including age, gender, location, and interests. Identify your most engaged followers and understand what type of content they prefer.
2. Review Content Performance: Analyze which posts have performed the best in terms of likes, comments, shares, and saves. Identify common themes or content formats that resonate with your audience and note the timing of your most successful posts.
3. Competitor Analysis: Examine your competitors’ content and engagement metrics. Identify gaps or opportunities in your content strategy in order to compare to your competitors.
4. Set Clear Goals: Define your content marketing objectives, such as increasing brand awareness, engagement, lead generation, or sales.
5. Content Planning: Create a content calendar based on your audience’s preferences and posting times. Plan content that aligns with your goals and the themes/topics that have worked well.
6. Diversify Content Formats: Experiment with various content formats, for instance images, videos, carousels, Stories, and Reels. Consider using user-generated content (UGC) or collaborations with influencers.

Adjust Your Strategy

1. Use Hashtags Effectively: Incorporate relevant and trending hashtags into your posts. (This can change over seasons.) Create a branded hashtag to encourage user-generated content and increase your reach.
2. Engagement Strategies: Respond promptly to comments and engage with your audience. And host contests, polls, or Q&A sessions to boost interaction.
3. Monitor Analytics Weekly: Regularly review your Instagram Insights to track the performance of your content. Adjust your content strategy based on what’s working and what isn’t.
4. Test and Optimize: A/B test different content variations to understand what resonates best. Experiment with posting times and frequency to maximize engagement.
5. Measure Results: Continuously track key performance indicators (KPIs) related to your content goals. Use insights to refine your strategy and ensure you’re meeting your objectives.
6. Stay Updated with Trends: Keep an eye on Instagram trends and changes in algorithms. Adapt your strategy to incorporate new features and formats.

Building a tailored content strategy based on Instagram analytics is an ongoing process. It requires flexibility and a willingness to adapt as you gain more insights into your audience and their preferences. Regularly reviewing and adjusting your strategy will help you maintain a strong presence and achieve your marketing goals on Instagram.

Engagement Boosters

Engagement is crucial on Instagram, as it not only helps you build a stronger community but also improves the visibility of your content. Here are some tips for boosting engagement on your Instagram posts and Reels:

• Ask Questions: Encourage your followers to engage by asking open-ended questions in your captions. This invites them to share their thoughts and experiences.
• Host Giveaways and Contests: Organize giveaways or contests that require participants to like, comment, and share your content. Ensure the rules are clear and follow Instagram’s guidelines.
• Respond to Comments: Engage with your followers by responding to their comments promptly. Show appreciation for positive feedback and address any questions or concerns.
• Tell Stories: Create engaging and relatable stories in your captions. Share anecdotes, experiences, or tips that resonate with your audience.
• Engage with Your Audience: Proactively engage with your followers by liking and commenting on their posts. Building genuine relationships can encourage them to reciprocate.

Remember that building engagement takes time and consistency. It’s essential to authentically connect with your audience and provide content that resonates with them. Over time, as your community grows, so will your engagement levels.

Effective Hashtag Use

Hashtags are powerful tools for expanding the reach of your Instagram content and connecting with a broader audience. Here are some strategies for optimizing your use of hashtags:

Research Relevant Hashtags

Spend time researching and identifying hashtags that are relevant to your content and target audience. Look for a mix of trending, popular, and niche-specific hashtags. Regularly review your Instagram Insights to see which hashtags are driving the most engagement and visibility. Adjust your hashtag strategy based on this data.

Use Branded Hashtags

Create and promote your own branded hashtag that’s unique to your business or campaign. Encourage your followers to use it when posting about your products or services. Ensure that the hashtags you use align with your brand identity and content. Don’t use hashtags solely for the sake of reach if they aren’t relevant to your post.

Check Hashtag Popularity

Use tools like Instagram’s search bar or third-party hashtag tracking apps to check the popularity and volume of specific hashtags. Avoid using overly saturated hashtags that may make your content get lost. Keep experimenting with different hashtags to see what works best for your content. Rotate and update your hashtag strategy periodically to stay relevant.

Long-Tail Hashtags

Incorporate long-tail hashtags that are more specific to your niche. These might have lower search volume but can attract a highly engaged and relevant audience.

Don’t Overload

While Instagram allows you to use up to 30 hashtags per post, it’s not necessary to use all of them. Aim for a mix of around 10 to 15 well-chosen hashtags per post to maintain a clean caption.

Remember that Instagram’s algorithm and hashtag trends change over time, so it’s essential to adapt and refine your hashtag strategy based on current best practices and audience preferences.

Want to skip the Actionable Steps and get straight to the good stuff? Check out our 2023 Guide to Reels below!

Common Pitfalls

We all make mistakes and THAT’S OKAY. I’ll explore some of the common traps and challenges that can trip up even the most well-intentioned efforts. Identifying these pitfalls is the first step toward avoiding them and maximizing the potential of your Instagram Reels strategy.

Misinterpreting Data

Data can be a double-edged sword when you don’t have a clue what you’re doing. Here are frequent errors in interpreting Reels analytics and how to sidestep them, ensuring your decisions are grounded in accurate insights.

• Ignoring Audience Insights: Analytics provide valuable audience demographics and behaviors. Neglecting this data means missing out on opportunities to tailor your content.
  • Avoidance Tip: Regularly review audience insights. Identify trends in age, location, and gender, and adjust your content strategy accordingly.
• Misinterpreting Reach vs. Impressions: Reach measures the number of unique users who saw your content, while impressions count total views. Confusing the two can lead to inaccurate assessments of content reach.
  • Avoidance Tip: Distinguish between reach and impressions. Use reach to gauge your content’s ability to reach a new audience and impressions to measure overall exposure.
• Underestimating Story Insights: Stories often receive less analytical attention. However, they can be valuable for engagement and audience insights.
  • Avoidance Tip: Include Stories in your analytics review. Analyze completion rates, taps forward/backward, and responses to tailor your Stories strategy.
• Ignoring Instagram’s Algorithm Changes: Instagram’s algorithm evolves. Failing to adapt to these changes can result in decreased content visibility.
  • Avoidance Tip: Stay informed about Instagram’s algorithm updates and adjust your content strategy accordingly. Engage with your audience to boost visibility.
• Not Segmenting Data: Analyzing all content as a whole can hide insights specific to individual posts or campaigns.
  • Avoidance Tip: Segment your data to analyze the performance of specific posts, campaigns, or content types. This allows for targeted optimization.

By avoiding these common mistakes and continuously refining your data interpretation skills, you can make more informed decisions to improve your Instagram content and engagement.

Vanity Metrics

It’s easy to get lost in a sea of metrics, but not all of them hold equal importance. Vanity metrics like follower count and likes can be misleading. Instead, focus on engagement metrics like comments, shares, and saves, which indicate genuine interest. Prioritize meaningful engagement over superficial metrics. Look for patterns in comments, and measure the impact of your content through saves and shares.

Advanced Metrics

While Instagram Reels offers several basic metrics to gauge performance, diving into advanced metrics can provide a deeper understanding of your content’s impact. These advanced metrics go beyond the surface and allow you to measure engagement, audience actions, and the actual return on your investment (ROI).

Engagement Rate

Engagement rate is a powerful metric that indicates how well your Reels resonate with your audience. To calculate it, divide the total engagement (likes, comments, shares, and saves) by the number of views and multiply by 100 to get a percentage.

(143 engagement / 2176 # of views) x 100 = 6.57%

A higher engagement rate suggests that your content is compelling and encourages audience interaction. However, as a general guideline, a healthy engagement rate for an Instagram post is typically considered to be around 1% to 3%.

Here’s a breakdown of engagement rates:

Low Engagement (Below 1%): If your engagement rate falls below 1%, it suggests that your content may not be resonating well with your audience, or you might have a high number of inactive followers.

Average Engagement (1% to 3%): Falling within this range is considered typical and signifies that your content is engaging your followers reasonably well.

High Engagement (Above 3%): An engagement rate exceeding 3% is excellent and indicates a strong connection with your audience. Your content is likely relevant, valuable, and generating interactions.

Understanding this metric helps you gauge content effectiveness and refine your strategy!

Click-Through Rate

In Reels with a call to action (CTA), the click-through rate (CTR) is a critical metric to track. It measures the percentage of viewers who followed your CTA link, whether it’s to your website, landing page, or another destination.

• Average CTR: An average CTR for Instagram can range from about 0.5% to 3%. This means that, on average, a post or ad is successful in getting users to click through to your desired destination (such as a website or landing page) about 0.5% to 3% of the time.
• High CTR: A high CTR on Instagram would typically be above 3%. This indicates that your content or ads are very effective at driving user engagement and getting them to take the desired action.

Analyzing CTR helps you assess the effectiveness of your CTAs and refine them for better results.

Conversion Rate

Conversion rate measures the percentage of viewers who completed a specific action you aimed for, such as making a purchase, signing up for a newsletter, or requesting more information. It’s a pivotal metric for measuring the actual ROI of your Reels.

Let’s say you’re a real estate agent using Instagram Reels to promote a property listing. Your goal is to have viewers of your Reel click the link in your bio to visit a landing page with more details about the property and, ideally, schedule a property viewing.

Here’s an example calculation:

Number of Reel views: 1,250
Number of viewers who clicked the link in your bio: 100
To calculate the conversion rate:

Conversion Rate =

(Number of Viewers Who Completed the Action / Total Reel Views) * 100

Conversion Rate = (100 / 1.250) * 100 = 8%

In this example, your Reel has a conversion rate of 8%. This means that 8% of the viewers who watched your Reel took the desired action, which was clicking the link in your bio to learn more about the property.

This metric gives you a clear understanding of how effective your Reel is at driving your intended outcome, in this case, generating interest in the property and encouraging viewers to take the next step in the real estate process. You can use this data to assess the impact of your Reels on your real estate business’s ROI and make adjustments to your Reel strategy accordingly.

Conversion Rates vary depending on what the objective is. Ideally you know what the average rate should be based on what actions you want your audience to take. Examples being:

• Property Inquiries: If your Reels are primarily focused on showcasing properties and encouraging viewers to inquire about them, conversion rates can vary. A good conversion rate for property inquiries might range from 1% to 5%. Factors such as the appeal of the property, the clarity of the CTA, and the ease of inquiry submission can influence these rates.
• Lead Generation: For real estate professionals looking to generate leads (e.g., capturing contact information for potential clients), conversion rates can typically range from 5% to 10% or even higher, depending on your targeting and content quality. Offering valuable resources or services in exchange for contact information can boost conversion rates.
• Website Visits: If you aim to drive traffic to your real estate website or landing pages via Instagram Reels, conversion rates might fall within the 1% to 5% range. Effective content and a compelling CTA can help maximize these rates.
• Virtual Tours: For Reels that promote virtual property tours, conversion rates may be higher, especially if viewers can easily access the tours from your Reels. Conversion rates might reach 5% to 10% or more, depending on the level of interest and convenience.
• Appointment Bookings: If your goal is to get viewers to schedule property viewings or consultations, conversion rates could vary widely but might average around 1% to 5%. Clear and accessible booking options can help improve these rates.

By tracking conversion rate, you can assess the direct impact of your content on your business objectives, helping you fine-tune your strategy for maximum results.

Tools and Resources

To supercharge your Instagram Reels analytics game, you’ll want to tap into a range of tools and resources that go beyond what Instagram offers. You should always explore various options that can help you gather more comprehensive insights and make data-driven decisions.

Third-party Analytics Tools

Third-party analytics tools like Hootsuite and Sprout Social provide a deeper dive into your Instagram Reels performance. These platforms offer advanced tracking, reporting, and scheduling features, making it easier to manage and analyze your Reels content. They allow you to consolidate data from multiple social platforms and gain a holistic view of your social media performance.

Tracking Instagram Insights With Flick

Flick is another valuable tool for tracking Instagram Insights. It provides a user-friendly dashboard that summarizes your Reels’ key metrics and offers insights into audience behavior and content performance. With Flick, you can monitor trends, identify growth opportunities, and refine your content strategy for better engagement and reach.

Coffee And Contracts Membership

For a comprehensive and convenient solution, consider the Coffee and Contracts Membership. This subscription offers exclusive access to a wealth of resources, including in-depth Reels analytics, content templates, and expert guidance.

It’s your all-in-one platform for elevating your Instagram Reels game and achieving real estate marketing success. Check out the Coffee And Contracts Membership to explore the benefits and start optimizing your Reels today.

Future Updates

Technology is constantly changing and that applies to the analytics tools available to you. Take a sneak peek into the anticipated changes and enhancements in Instagram Reels Analytics!

Anticipated Changes in Instagram Reels Analytics

Instagram is known for its commitment to innovation, and Reels is no exception. The most recent update they pushed were two new metrics – total watch time and average watch time. Although we can’t predict specific changes, it’s safe to assume that Instagram will continue refining and expanding its analytics features. Anticipate improvements in data accuracy, more granular insights, and perhaps even new metrics that align with emerging trends in content consumption.

How to Stay Updated on New Features

To ensure you’re among the first to harness the power of new Instagram Reels Analytics features, stay tuned to official Instagram announcements and blog posts. Additionally, consider following reputable social media marketing resources and communities.

Engaging with platforms like Coffee and Contracts, which are dedicated to keeping real estate professionals informed, can be a strategic move to stay updated on the latest developments. Don’t miss out on opportunities to level up your Reels strategy with the freshest insights and tools.

At The End Of The Day…

You can’t deny the power of data! With learning more about Instagram Reels Analytics, you unlock the secrets to success in this dynamic, fast-paced digital arena. By monitoring key metrics, identifying trends, and understanding your audience on a deeper level, you can refine your approach and create Reels that truly resonate.

Metrics like views, engagement, and audience demographics offer a clear picture of what’s working and what needs adjustment. Leveraging these insights is your key to enhancing your Reels’ performance, reaching a wider audience, and ultimately, achieving your real estate marketing goals.

Ready to take your Instagram Reels strategy to the next level? Join our weekly email newsletter Coffee Drip where we provide trending reel audios and ideas, social media post ideas, marketing tidbits, ChatGPT prompts, and we feature agent’s social media post each week. Elevate your real estate game and stay ahead of the curve with the support of a community dedicated to your success. Let’s make your Reels the talk of the town!