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Have you learnt what success on social media appears like for your online business?
Like most areas of promoting, outcomes fluctuate by {industry}, audience, and skill to create content material that engages prospects.
Rival IQ launched its Annual Social Media Benchmark Report for 2023, the place manufacturers in 14 industries evaluate their social media efficiency to different manufacturers in the identical aggressive panorama.
The information set covers social media engagement on Fb, Instagram, TikTok, and Twitter for two,100 corporations throughout quite a few industries, starting from meals and beverage to know-how.
The Fb following of the businesses analyzed ranges from 25,000 to 1,000,000, and all have greater than 5,000 followers on Instagram, TikTok and Twitter.
The next are the principle information that entrepreneurs ought to know.
total dedication
Between 2019 and 2022, each {industry} has seen a drop in total engagement on Fb, Instagram, and Twitter.
Fb and Twitter solely confirmed a slight change in engagement.
For Fb, it dropped to 0.06% in 2021, sustaining that price the next yr. For Twitter, it fell 0.01% between 2019 and 2022.
Weekly posts over time for each networks have decreased from 5.8 to five posts per week on Fb and from 5.4 to three.9 posts per week on Twitter.
Then again, Instagram skilled a a lot larger drop, from 1.22% to 0.47%. However not like Fb and Twitter, weekly posts on this platform have elevated from 4.3 to 4.5 posts per week.
Fb Engagement
Throughout all industries, Fb’s common engagement price per put up per follower is 0.06%.
The common variety of weekly posts throughout all industries is 5.04, with the media publishing probably the most at 73.5 occasions per week. That is in all probability as a result of media corporations publish extra information content material than manufacturers in different industries.
Instagram Engagement
Throughout all industries, Instagram’s common engagement price per put up per followers is 0.47%.
The common variety of weekly posts throughout all industries is 4.6, with sports activities groups posting probably the most at 15.6 occasions per week.
TikTok Engagement
Throughout all industries, TikTok’s common engagement price per put up per follower is 5.69%.
The common variety of movies per week throughout all industries is 1.75, with media posting probably the most at 4.2 occasions per week.
Twitter interplay
Throughout all industries, Twitter’s common engagement price per put up per follower is 0.035%.
The common variety of weekly tweets throughout all industries is 3.91, with the media tweeting probably the most at 70.2 occasions per week.
Most important forms of publications
The perfect forms of posts on every social community fluctuate by {industry}.
Photograph and video posts generate probably the most engagement on Fb, whereas hyperlink and standing posts get the least.

For Instagram, the information signifies that companies ought to focus their content material creation efforts on Reels, Carousels, and Images. Video posts that do not load as Reels are likely to have the least engagement.
On Twitter, posts with photographs, movies, and statuses present probably the most engagement, whereas Tweets with hyperlinks are likely to have the least engagement.
primary tags
Hashtags fluctuate considerably between industries and platforms. Vacation hashtags are likely to get probably the most engagement throughout industries, whereas contests and giveaways have misplaced reputation in comparison with years previous.

key takeaways
The important thing takeaway is that every {industry}’s viewers is barely totally different. Whereas meals and beverage manufacturers see the perfect engagement with Instagram Reels, larger training manufacturers see the perfect engagement with Instagram carousels.
To get probably the most out of your social media technique, discover methods to rework your content material into the format that will get the perfect engagement on every of the main social networks. This may make sure that you attain probably the most potential prospects with the content material they get pleasure from consuming.
For over 100 pages of industry-specific data, go to Rival IQ and obtain the 2023 Social Media Leaderboards Report.
Featured picture: 13_Phunkod/Shutterstock
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