What Is A “Good” Engagement Rate? Understanding The Algorithm And Tips On How To Increase Your Engagement 

Remember when Instagram was all about the number of followers? The bigger the better? Well, those days are long gone. In today's ever-evolving landscape, successful brands are shifting their focus from mere follower counts to something far more valuable: engagement. Forget the superficial allure of inflated followers – it's about forging meaningful connections, sparking real interactions, and building a vibrant community around your brand.

But how can you truly tap into the power of engagement - what does that even mean? What are the ingredients that can turn your Instagram presence from lukewarm to one that your followers (and those yet to discover you!) are loving your content and showing it through likes, comments, shares and more?

We’re going to help reveal some of the not so well-known strategies and essential tools that will empower you to become an Instagram engagement expert. Forget feeling lost in the algorithm; get ready to understand how to share your authentic tone of voice, ignite conversations, and cultivate a loyal following that truly connects with your message.

Unmasking the True Currency: Beyond Likes & Vanity Metrics

Likes and comments are nice, but engagement is the real currency on Instagram. It reflects the genuine interactions you cultivate with your audience. Remember, it's not just about quantity; quality interactions matter most.

• Comments & Replies

‍Foster two-way conversations by encouraging open-ended captions, polls, and questions. Respond promptly and authentically using tools like Later's comment management features to build a vibrant community.

• Shares & Saves

‍Make content highly shareable and valuable, inspiring users to save it for future reference. Utilise tools like Canva to create visually stunning graphics and leverage Later's scheduling features to ensure consistent posting, keeping your brand top-of-mind.

• Story Interactions

‍Utilise stickers, polls, questions, and live Q&As to spark engagement and build anticipation in your Stories. Tools like Hootsuite allow you to manage and schedule Stories across multiple accounts, streamlining your workflow.

• Direct Messages

‍Treat DMs as personal connections, offering support and personalised experiences. Utilise DM automation tools like ManyChat to streamline communication and respond efficiently.

Decoding the Formula & Benchmarking for Success

Remember, this formula provides a basic framework. Industry benchmarks offer starting points for comparison, but focus on tracking your own progress over time and celebrating improvement trends. While engagement rate is valuable, consider it just one piece of the puzzle. Look at broader metrics like website traffic, brand mentions, and follower growth for a holistic picture.

Unveiling the "Good": Benchmarks & Beyond

Now, the burning question: what constitutes a "good" engagement rate on Instagram? While a universal magic number doesn't exist, industry benchmarks offer valuable starting points. Remember, these are like trail markers, not the summit itself:

Generally, a rate between 1% and 3% is considered good, but keep in mind:

• Your niche: That hot new bar sizzles with higher engagement than investment firms IG account. Duh.
• Follower count: Large crowds (think celebrity accounts) have lower rates due to broader reach.
• Content type: Interactive videos are like camp games, drawing more participation than static infographics.

Beyond the numbers:

• Benchmarks are guidelines, not the summit. Focus on growing your own engagement rate over time and comparing it to your past performance. Celebrate progress, analyse what's working, and iterate your strategy for sustainable growth.
• Engagement quality matters. Don't chase "likes" blindly. Aim for meaningful interactions, comments, shares, and saves that indicate genuine interest and connection.
• Context is key. Consider your industry, brand personality, and target audience when benchmarking.
• Holistic view is crucial. Engagement rate is just one piece of the puzzle. Look at website traffic, brand mentions, and follower growth for a complete picture.

Tools for Tracking and Triumphing Engagement Rate

Several valuable tools can help you track your engagement rate and gain deeper insights into your audience. Keep in mind that data is your friend on the path to Instagram engagement mastery.

Here are some key tools to equip you for victory:

Built-in Arsenal

Instagram Insights: While basic, it's a free starting point, offering data on reach, impressions, and engagement metrics like likes, comments, shares, and saves. Analyse specific posts and track trends over time.

Third-Party Powerhouses

Later, Hootsuite, Sprout Social: These platforms go beyond the basics, providing in-depth analytics and reporting features. Dive deeper into demographics, track specific metrics like Story completion rates, and measure influencer campaign performance.

Canva: Craft visually stunning graphics and social media assets to capture attention and boost engagement.

Buffer's Pablo: Create engaging social media images and quotes in seconds, perfect for quick content creation.

#gifted: I mean obviously. The better quality content you have as both a brand (by using influencers and UGC) and as a creator (by partnering with cool brands who can give you social proof) the more engaging your feed is going to be.

Competitive Intelligence

Socialbakers, Similarweb: Benchmark your performance against competitors and identify industry trends. See what's working for others and adapt strategies for your own niche.

Tools are powerful allies, but the true magic lies in interpreting the data and taking action. Use these insights to refine your content strategy, understand your audience better, and experiment with different tactics to continually optimise your engagement efforts.

Crafting Campaigns that Connect: From Buzz to Business Results

Strategic planning is the foundation of successful influencer partnerships:

• Define Clear Goals

Determine what you want to achieve, whether it's brand awareness, website traffic, increased engagement, or product sales. Align your goals with the influencer's strengths and audience interests.

• Tailor Content to Their Voice

Allow creative freedom while ensuring alignment with your brand message. Let the influencer tell your story authentically, leveraging their unique style and expertise.

• Embrace Storytelling

Move beyond product placements and embrace storytelling! Let the influencer tell your brand story in their own voice, drawing their audience in organically.

• Interactive Formats Thrive

Utilise Reels, Stories, and IGTV to spark participation and encourage responses, questions, and other interactive elements.

• Track & Measure

Don't fly blind! Use clear metrics to evaluate campaign performance, track relevant KPIs, and identify areas for improvement. Look beyond likes and comments; consider website traffic driven by the influencer, coupon code usage, brand mentions, and other relevant conversions.

Beyond Metrics: Building Genuine Connections

Metrics guide your strategy, but don't lose sight of authentic interactions and community building. Tell compelling stories, encourage conversations, and prioritise meaningful connections over vanity metrics. By understanding engagement, leveraging partnerships strategically, and fostering genuine connections, you'll cultivate a thriving Instagram community, attracting loyal followers and building lasting brand love.

Ready to start sparking genuine connections? Stop just counting likes, and start making meaningful content and partnering with like minded creators. Get started with #gifted today.