Jun 2023
-
8 Min Read
by
Eric Wang, CEO

The Vital Role of Social Media KPIs in Navigating the Digital Landscape

The Importance of KPIs in Digital Marketing for Hotels

At the heart of any robust digital marketing strategy lies a well-defined set of KPIs. These indicators serve as the North Star, guiding marketers through the tumultuous digital waters with precision and insight. Whether it’s a small boutique hotel or a multinational hotel chain, the reliance on KPIs remains a constant. To manage progress towards goal achievement and to feel the impact of initiatives, our agency sets and visualizes the KPIs following seven critical areas. By keeping a close watch on these indicators, hotels can quickly identify areas for improvement and accelerate goal achievement, ensuring a competitive edge in the hospitality market.

Unpacking Core KPIs for Hotel Digital Marketing Excellence

Key performance indicators for digital marketing in the hotel industry include metrics such as CPC/CTR%, which are indispensable in evaluating the resonance of a content strategy with the target audience. A lower CPC combined with a higher CTR often signals effective campaign engagement. SNS follower count reflects brand resonance and content effectiveness, while engagement rates measure how interactively followers engage with the hotel's content. Referrals to landing pages from SNS/Google indicate the effectiveness of driving traffic to the hotel's booking pages, and the SNS unfollow rate provides insights into content relevance and audience retention. Monthly search volume growth for the hotel name signifies growing brand awareness, and an increase in inquiry numbers on the hotel's landing page indicates strong engagement and conversion potential. Visualizing and continuously monitoring these KPIs allows hotel marketers to grasp complex data intuitively, ensuring their digital marketing strategies remain relevant and effective. By partnering with our agency, hotels can leverage our expertise in setting, visualizing, and monitoring these KPIs to enhance their online presence, drive bookings, and achieve their business goals.