Engagement Rate Calculator + Guide for 2023

Posted by

Engagement rates are the currency of the social networks marketing market.

Sure, vanity metrics like fans and impressions count for something. But engagement metrics like the number of likes and comments offer your social media efficiency viewpoint.

That’s why engagement rate is frequently used as a selling point in influencer marketing media packages, or to gauge a social campaign’s return on investment. However there are a few various ways to calculate it.

Keep checking out to learn more about social media engagement rates– and use our free engagement rate calculator to find out how well your accounts are doing.

Perk: Use our free engagement rate calculator to learn your engagement rate 4 methods fast. Calculate it on a post-by-post basis or for an entire campaign– for any social media network.

What is engagement rate?

Engagement rate is a social networks marketing metric that measures the amount of interaction a piece of material (or a campaign, or a whole account) gets compared to reach or fans or audience size.

When it comes to social media analytics, fan growth is necessary, but it does not suggest a lot if your audience doesn’t appreciate the content you post. You require comments, shares, likes and other actions that show your material is resonating with the people who see it.

What else counts as engagement? You may select to consist of all or some of these metrics when determining your engagement rate:

  • reactions
  • likes
  • comments
  • shares
  • conserves
  • direct messages
  • discusses (tagged or untagged)
  • click-throughs
  • clicks
  • profile gos to
  • replies
  • retweets
  • quote tweets
  • regrams
  • link clicks
  • calls
  • texts
  • sticker label taps (Buy Instagram Verified Stories)
  • emails
  • “Get Instructions” (Buy Instagram Verified account only)
  • usage of top quality hashtags

Free engagement rate calculator

Are you prepared to determine your engagement rate? Our complimentary engagement rate calculator will assist.

Utilize the calculator All you require to utilize this calculator is Google Sheets. Open the link, click the File tab and choose Make a copy to start filling out the fields.

To determine the engagement rate of a single post, input 1 in No. of Posts field. To compute the engagement rate of a number of posts, input the overall variety of posts in No. of Posts.

6 engagement rate formulas

These are the most typical formulas you’ll require to determine engagement rates on social media.

1. Engagement rate by reach (ERR): most common

This formula is the most common way to determine engagement with social media content.

ERR measures the portion of people who chose to engage with your material after seeing it.

Use the first formula for a single post, and the second one to determine the average rate throughout multiple posts.

  • ERR = total variety of engagements per post/ reach per post * 100

To determine the average, accumulate the all the ERRs from the posts you want to average, and divide by number of posts:

  • Typical ERR = Overall ERR/ Overall posts

Simply put: Post 1 (3.4%) + Post 2 (3.5%)/ 2 = 3.45%

Pros: Reach can be a more accurate measurement than fan count given that not all your fans will see all your material. And non-followers may have been exposed to your posts through shares, hashtags, and other means.

Cons: Reach can fluctuate for a range of reasons, making it a various variable to manage. A very low reach can cause a disproportionately high engagement rate, and vice versa, so make certain to keep this in mind.

2. Engagement rate by posts (ER post): finest for particular posts

Technically, this formula measures engagements by fans on a particular post. Simply put, it resembles ERR, except rather of reach it tells you the rate at which followers engage with your material.

The majority of social media influencers calculate their average engagement rate this way.

  • ER post = Total engagements on a post/ Total fans * 100

To calculate the average, accumulate all the ER posts you wish to average, and divide by variety of posts:

  • Average ER by post = Overall ER by post/ Overall posts

Example: Post 1 (4.0%) + Post 2 (3.0%)/ 2 = 3.5%

Pros: While ERR is a much better way to determine interactions based on the number of people have seen your post, this formula changes reach with fans, which is generally a more stable metric.

Simply put, if your reach changes typically, use this approach for a more accurate measure of post-by-post engagement.

Cons: As mentioned, while this might be a more steadfast way to track engagements on posts, it doesn’t necessarily supply the complete image considering that it doesn’t account for viral reach. And, as your follower count goes up, your rate of engagement could drop off a little.

Make sure to see this stat together with fan growth analytics.

3. Engagement rate by impressions (ER impressions): best for paid material

Another base audience metric you might select to determine engagements by is impressions. While reach steps the number of individuals see your material, impressions track how often that content appears on a screen.

  • ER impressions = Overall engagements on a post/ Overall impressions * 100
  • Average ER impressions = Total ER impressions/ Total posts

Pros: This formula can be helpful if you’re running paid content and need to assess effectiveness based upon impressions.

Cons: An engagement rate formula that uses the variety of impressions as the base is bound to be lower than ERR and ER post equations. Like reach, impression figures can also be irregular. It may be a good idea to utilize this approach in conjunction with reach.

Learn more about the difference in between reach and impressions.

4. Daily engagement rate (Everyday ER): best for long-lasting analysis

While engagement rate by reach procedures engagement against maximum exposure, it’s still excellent to have a sense of how frequently your followers are engaging with your account daily.

  • Daily ER = Overall engagements in a day/ Total fans * 100
  • Average Daily ER = Total engagements for X days/ (X days * followers) * 100

Pros: This formula is a good way to evaluate how typically your followers communicate with your account every day, instead of how they engage with a specific post. As a result, it takes engagements on new and old posts into equation.

This formula can also be customized for particular use cases. For instance, if your brand only wants to determine daily comments, you can change “total engagements” accordingly.

Cons: There’s a fair amount of space for mistake with this method. For example, the formula does not represent the fact that the exact same follower may engage 10 times in a day, versus 10 fans engaging as soon as.

Daily engagements can also vary for a number of factors, including the number of posts you share. For that reason it might be beneficial to plot daily engagement versus number of posts.

Growth=hacked. Arrange posts, speak to consumers, and track your performance in one place. Grow your business much faster with Best SMM Panel.

5. Engagement rate by views (ER views): best for video

If video is a main vertical for your brand name, you’ll likely would like to know how many people pick to engage with your videos after seeing them.

  • ER view = Overall engagements on video post/ Overall video views * 100
  • Average ER view = Overall ER view/ Overall posts

Pros: If among your video’s goals is to generate engagement, this can be a good way to track it.

Cons: View tallies frequently include repeat views from a single user (non-unique views). While that audience might enjoy the video multiple times, they may not necessarily engage multiple times.

6. Expense per engagement (finest for determining influencer engagement rates)

Another helpful equation to contribute to your social networks toolbox is cost per engagement (CPE). If you’ve selected to sponsor material and engagement is an essential objective, you’ll would like to know how much that investment is settling.

  • CPE = Overall amount spent/ Total engagements

The majority of social networks advertisement platforms will make this estimation for you, together with other object-oriented calculations, such as cost-per-click. Make certain to inspect which interactions count as engagements, so you can be sure you’re comparing apples to apples.

How to determine engagement rate instantly

If you’re tired of computing your engagement rate manually, or you’re simply not a math person (hi!), you might want to think about using a social media management tool like Best SMM Panel. It enables you to examine your social networks engagement throughout socials media from a high level and get as detailed as you want with personalized reports.

Here’s an example of what taking a look at your engagement data in Best SMM Panel appears like:

Try for complimentary for thirty days Besides revealing you your total post engagement rate, you can also see what types of posts get the highest engagement (so you can make more of those in the future), and even the number of people visited your site.

In Best SMM Panel reports, it’s very easy to see the number of engagements you got over a period of time, what is being counted as an engagement for each network, and compare your engagement rates to previous period.

Pro suggestion: You can arrange these reports to be developed automatically and advise yourself to sign in as often as you desire.

An excellent bonus offer is that with Best SMM Panel, you get to see when your audience is probably to engage with your posts– and arrange your content accordingly.

What is a good engagement rate? The majority of social networks marketing experts agree that a great engagement rate is in between 1%to 5%. The more followers you have, the more difficult it is to attain. Best SMM Panel’s own social networks group reported a typical Buy Instagram Verified engagement rate of 4.59% in 2022 with 177k followers.

Now that you understand how to track your brand name’s social networks engagement, read up on how to increase your engagement rate.

Use Best SMM Panel to track and enhance engagement rates throughout all your social media channels. Attempt it free today.