Online marketing and measuring success go hand in hand. If you want your marketing measures to be worth­while and con­tribute to the company’s long term success in a sus­tain­able manner, then you need to be able to identify exactly if and when a campaign is per­form­ing well. And if this is not the case, then you need to find out why and what needs to be optimized. Each marketing strategy requires a com­mit­ment of resources. It doesn’t matter whether these are of a financial or personnel kind, their use must prove to be worth their while, i.e. the return on in­vest­ment (ROI) must be positive.

The approach to Instagram is in no way different. You might be familiar with so­phis­ti­cat­ed analysis functions from other social networks, and Instagram has also in­te­grat­ed its own analysis function. We'll show you what valuable in­for­ma­tion Instagram Insights can provide you and what other Instagram analysis tools you can use.

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Which KPIs are relevant?

If you want to be suc­cess­ful on social media, whether on Instagram, Facebook or Twitter, you should keep an eye on the so-called Key Per­for­mance In­di­ca­tors (KPIs). These provide an in­di­ca­tion of the progress made towards the marketing goals set. Marketing measures should also be monitored in the social media sector: Does the content strategy work? Is community man­age­ment effective? Which is the right in­flu­encer for my brand? For Instagram users, there are four areas: the success of a post, the success of the entire account, the results of Instagram Stories (the format around short-lived videos and images), and the success of ad­ver­tise­ments.

KPIs for in­di­vid­ual posts

  • Im­pres­sions: Instagram uses the term “im­pres­sions” to describe how often users have seen the post - re­gard­less of whether they are followers or users who have reached the post in other ways. Even if users see the post several times, the system considers this as im­pres­sions.
  • Reach: Multiple im­pres­sions by the same user are excluded from the range. This KPI therefore shows how many people you have actually reached with each post.
  • En­gage­ment: Post in­ter­ac­tions are an important measure of success. If users leave likes and comments, this is a good sign that the strategy is working. An en­gage­ment rate is often cal­cu­lat­ed as well. This indicates how strongly your followers interact with a post. The rate is cal­cu­lat­ed by dividing the collected in­ter­ac­tions by the number of followers.

Success measures for Instagram Stories

  • Im­pres­sions: How often was the story viewed? Rep­e­ti­tions by the same user are also included here. If a user has viewed a story several times, this indicates an in­ter­est­ing post.
  • Reach: The reach of Instagram Stories also shows how many people or accounts you can reach with your posts. The ratio between the number of your followers and the range of your posts and stories is also in­ter­est­ing.
  • En­gage­ment: Likes do not play a role in Stories. Instead, you can see how often users skipped in­di­vid­ual parts of the story or even skipped the whole story. If the number is par­tic­u­lar­ly high, this isn’t a sign of good content. The opposite is true for tap backs, i.e. in­ter­ac­tions in which users have looked at a part of the story again. Another way to analyze is to see how often the user swiped up. You can use these actions, for example, to present your website to users. However, it is also possible that users send you direct comments on the story.

Measured values for the Instagram account

  • Channel growth: Re­gard­less of the success of in­di­vid­ual posts, it is in­ter­est­ing to observe the Instagram account’s growth. This way, you notice quite early when your follower numbers stop in­creas­ing or de­creas­ing. Do strate­gies and campaigns need to be adapted?
  • Hashtag usage: Similar to Twitter, Instagram’s reach is increased to a large extent through the correct use of hashtags. For this, it is important to track the use of these hashtags. If you create your own hashtag, you should also monitor how much it is used by others.

KPIs for Instagram ads

  • Click-through rate: In paid ads, Instagram allows companies to place links on their website. The number of website clicks indicates how in­ter­est­ing the post was. How many users wanted to know more about the offer?
  • Con­ver­sions: In the end, it’s often (but not always) the revenue you get from an ad that counts. Did the visitor make a purchase after visiting your website or did the user at least leave an e-mail address for further marketing measures?

Instagram analysis: Instagram Insights

If you change from a standard personal Instagram account to a business one, you will au­to­mat­i­cal­ly have access to the in­te­grat­ed Instagram sta­tis­tics function. With this, the social network is giving its users the op­por­tu­ni­ty to learn more about their followers, and also all users who react to their uploaded pictures and videos.

There is a lot of different data available. You can find out about users’ basic de­mo­graph­ic in­for­ma­tion: Who are the followers? Is your audience made up of mostly men or women? What is the average age of the users who like your posts? What is their ge­o­graph­ic location? Ad­di­tion­al­ly, you can also get a better insight into how well in­di­vid­ual posts have performed. Which posts achieved the most im­pres­sions, and which photos or videos generated the most in­ter­ac­tions in the form of comments and likes?

How do you access the Instagram analysis?

You can see whether your business account is set up (read about how to do this in our article on Instagram for business by checking to see if there is a bar chart symbol on your own Instagram account. Clicking on this symbol will bring you directly to the Instagram analysis section for business clients. At first you will see the account sta­tis­tics from the last seven days. Along with im­pres­sions, reach, and profile views, you can also view the most popular posts and get more in­for­ma­tion on followers. Bear in mind that Instagram assesses the most popular posts based on im­pres­sions and not in­ter­ac­tions.

While the Instagram sta­tis­tics relating to reach and im­pres­sions are the­o­ret­i­cal­ly available after a single like or click, in reality you actually need at least 100 followers to be able to access sta­tis­ti­cal­ly relevant in­for­ma­tion on your de­mo­graph­ic.

Instagram sta­tis­tics for posts

It is also possible to view the sta­tis­tics of an in­di­vid­ual post. Un­der­neath each picture and video in a business account, there is the option of clicking on ‘View Insights’. Here is where you will find in­for­ma­tion relating to im­pres­sions, reach, and number of in­ter­ac­tions. If you have used the Instagram ad feature in order to push a post, you will be able to view the figures for the original photo/video, as well as those for the “ar­ti­fi­cial­ly pushed” one. A help feature briefly explains what these numbers are about.

Instagram follower sta­tis­tics

In addition to the per­for­mance of your own posts, an Instagram follower analysis is also part of the sta­tis­tics function. Alongside pure follower numbers, Instagram also provides com­pre­hen­sive in­for­ma­tion on the de­mo­graph­ic of your followers, including:

  • Age
  • Gender
  • Location

Most busi­ness­es are aware of who their potential target group is, and therefore will not encounter any major surprises here. However, it is still in­ter­est­ing to observe how a following on Instagram differs from that of Facebook. Getting this insight can raise questions such as: Do I need to optimize my Instagram strategy to better suit the platform? Should I design my content and ad­ver­tise­ments dif­fer­ent­ly from those on Facebook?

These sta­tis­tics on followers also answer questions like: when are your followers online and, on average, how much time do they spend on the app? Among other things, this may lead to you re­con­sid­er­ing your posting rhythm and your content planning to suit this new in­for­ma­tion. Despite the new algorithm, the Instagram feed still has a tendency to swallow up new posts on a daily basis, leading to many followers never even seeing them. It’s much better to know exactly when the bulk of your followers are online, and to measure the Instagram reach to track success or failure more easily. 

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6 al­ter­na­tive Instagram analysis tools for measuring success

Thanks to the sta­tis­tics functions, an analysis within the platform is possible, similar to Facebook. Instagram analysis is a handy feature that gives a com­pre­hen­sive overview of the most important sta­tis­tics and figures. But to gain an even more com­pre­hen­sive and detailed analysis, many companies utilize ad­di­tion­al Instagram tools.

The ever-growing sig­nif­i­cance of Instagram in the online marketing sector has meant that there are now many special Instagram analysis tools available from a wide selection of providers. These third party providers offer con­ve­nient user in­ter­faces, with which it is possible to analyze user data, as well as track entire campaigns and pick out the best hashtags. As a marketer, this allows you to discover how well or how badly Instagram marketing campaigns are doing – and how they can be improved.

Iconosquare

One of the best-known analytics and man­age­ment platforms for Instagram is Iconosquare, formerly known as Statigram. The tool offers a dashboard for all Instagram ac­tiv­i­ties, reads through a feed, and follows new in­ter­ac­tions and comments. This allows users to track their follower numbers on a daily basis, keep an eye on growth and decline, and identify their top followers.

Ad­di­tion­al­ly, it is possible to analyze posts, compare recent posts with older ones, and identify the best hashtag com­bi­na­tions and the ideal time to post. Checking out the com­pe­ti­tion is also possible with Iconosquare – with the help of the search function you can track the profile or in­di­vid­ual hashtags of com­peti­tors.

New customers can register on the website and avail of a free 14-day trial. Once this is over, you have a choice of several different packages, ranging from Plus to En­ter­prise.

Ad­van­tages Dis­ad­van­tages
Possible to manage several accounts Fee-based
Content man­age­ment directly via the platform  
Can plan posts in advance  
Can monitor the com­pe­ti­tion  

The most important features:

  • Available as an app
  • Com­pe­ti­tion mon­i­tor­ing
  • Pub­lish­ing function with advance planning
  • Hashtag mon­i­tor­ing
  • Tips on best time to post

Squarelovin

Squarelovin is a platform for the or­ga­ni­za­tion of user-generated content, but also acts as a good free analytics tool for Instagram. Squarelovin users get a clear overview of their followers, account growth, and how posts perform. The tool measures user en­gage­ment and analyzes the exact per­for­mance of all posts, both in­di­vid­u­al­ly and overall. As is the case with other tools, the results of these analyses opens up the pos­si­bil­i­ty of further op­ti­miza­tion. It’s possible to identify the best time for uploading new posts and find out what the ideal filters and hashtags are. Squarelovin analyzes the complete history of an account and draws attention to par­tic­u­lar­ly good posts.

Ad­van­tages Dis­ad­van­tages
Free More a service for content curation
Help with planning posts  

The most important features:

  • Content curation
  • Filter use analysis
  • Monthly Instagram analysis
  • Tips on best time to post
  • Copyright man­age­ment

Keyhole

With Keyhole, you have the pos­si­bil­i­ty to monitor both your Instagram account and hashtags. The service compiles clear graphs of posts and user en­gage­ment and shows the most suc­cess­ful self-created posts and hashtags used. Keyhole offers automatic reports, com­pe­ti­tion mon­i­tor­ing, finds in­flu­encers, and displays de­mo­graph­ic Instagram follower sta­tis­tics. Keyhole also suggests the best time to publish your posts. All sta­tis­tics are delivered in real-time. The service comes in different price classes and provides users with a free trial period. In addition to Instagram, Keyhole also enables you to analyze your Twitter and Facebook accounts.

Ad­van­tages Dis­ad­van­tages
Ver­i­fi­ca­tion of hashtags Rel­a­tive­ly expensive
Com­peti­tor analysis  
In­flu­encer marketing  
Also for Facebook and Twitter  
Real-time analysis  

The most important features:

  • In­flu­encer marketing
  • Tips on best time to post
  • Com­pe­ti­tion mon­i­tor­ing
  • On­board­ing via telephone
  • In addition to Instagram, Twitter & Facebooks are also supported

Klear

In order to measure your own Instagram range, you can use Klear. The fee-based tool is actually intended to locate in­flu­encers on social media, but also offers free tools. Klear analyzes how committed the followers are to your content and provides in­for­ma­tion about de­mo­graph­ics and user interests. In addition, Klear cal­cu­lates an in­flu­encer score: How much do you influence people compared to others? To do this, you can add other social media to in­ves­ti­gate your influence beyond Instagram. The free test gives good insight. But in order to practice real in­flu­encer marketing, you need to invest in the premium offer.

Ad­van­tages Dis­ad­van­tages
Free tools Instagram sta­tis­tics is a by-product
In­flu­encer marketing  
Cross channel analysis  

The most important features:

  • In­flu­encer marketing
  • In­flu­encer score
  • Cross channel analysis
  • ROI analysis
  • Follower de­mo­graph­ics

Union Metrics

Union Metrics addresses pro­fes­sion­al marketing agencies. The service is not only suitable for Instagram sta­tis­tics, but also supports users in campaigns on all kinds of social media. The scope also includes detailed analyses of your own accounts as well as that of the com­pe­ti­tion. The rel­a­tive­ly high cost is not sur­pris­ing, as the offer is mainly aimed at marketing pro­fes­sion­als. Union Metrics also offers a free Instagram account checkup, which provides in­for­ma­tion on the best times to publish posts, sta­tis­tics on hashtags, and account in­for­ma­tion.

Ad­van­tages Dis­ad­van­tages
Free checkup tool Rel­a­tive­ly high costs
Analyses of many social media networks  
Com­peti­tor analysis  
Cross channel analysis  

The most important features:

  • Campaign analysis
  • Cross channel
  • Com­pe­ti­tion mon­i­tor­ing
  • Market analysis

Plann

The Instagram statistic app, Plann, is intended for users who want to appear more pro­fes­sion­al with their Instagram account. The app not only reveals the best times to publish images, but also an analysis of the most suc­cess­ful color schemes: Which color scheme is par­tic­u­lar popular with your followers? A com­peti­tor analysis is also included. But Instagram sta­tis­tics isn’t the only thing the app can do. Plann also helps you post images and stories, lets you organize past posts, and provides a planning feature for future posts. A very minimal version of Plann is free. In addition, you can choose from three different fee-based offers.

Ad­van­tages Dis­ad­van­tages
Available as an app Real analyses only available in fee-based packages
Free beginner version  
Color scheme analysis  
Support when posting images & stories  

The most important features:

  • Color analysis
  • Com­pe­ti­tion mon­i­tor­ing
  • Planning & managing posts
  • Instagram strate­gies
  • Tips on best time to post

Instagram analysis tools at a glance

Some of these services have different content focuses and offer different features. You can find out which service is the right one for you thanks to our table.

  Multiple profiles De­mog­ra­phy Cross channel Com­peti­tor analysis Hashtag analysis Help with planning posts App Free offer
Iconosquare
Squarelovin
Keyhole (+ Premium version)
Klear (+ Premium version)
Union Metrics (+ Premium version)
Plann (+ Premium version)

Instagram in the marketing mix: social media mon­i­tor­ing tools

Instagram is now no longer a niche marketing channel and part of many larger social media mon­i­tor­ing solutions. Among these, the best known ones are So­cial­bak­ers and Hootsuite. The handy thing about a tool that caters for more than just one social media channel is that it allows for a direct com­par­i­son of per­for­mances across all platforms. Nowadays in the online marketing sector, it is the case that com­pre­hen­sive mon­i­tor­ing tools are in­dis­pens­able, forming the basis of every social media marketing strategy. They allow you to acquire valuable in­for­ma­tion about your audience and to get to know your followers better. Tools like this also help to optimize your strategy, prepare posts better, as well as make these posts more prominent. A different analytics strategy is required when we are dealing with non-organic reach but with reach that is paid for, i.e. ad­ver­tise­ments. You can read about how to advertise on Instagram, as well as how to measure and optimize the per­for­mance of Instagram ads in the next part of the series.

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