Real Engagement Metrics
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A discussion about how to measure true audience engagement beyond vanity metrics, focusing on actionable metrics that demonstrate real value and connection.
Key Metrics That Matter
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Physical attendance at events
- Can people mobilize to meet in person
- Shows true connection beyond digital numbers
- Example: If tweeting "I'm at this coffee shop", how many would show up?
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Email engagement rates
- Reply rates to emails are strong indicators
- Testing engagement through:
- Intentional typos
- Asking for photos/responses
- Bottom-of-email calls to action
- Example: 10,000 replies from 100,000 subscribers (10% engagement rate)
Why Vanity Metrics Are Misleading
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Newsletter subscribers
- Auto-subscriptions through platforms like Substack
- One-click subscription to multiple newsletters
- Numbers inflated through UI/UX tricks
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Podcast downloads
- Download numbers can be manipulated
- High volume of short episodes can inflate total numbers
- Auto-downloads don't equal actual listeners
Finding True Metrics
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Look for metrics that show:
- Actual engagement
- Willingness to take action
- Real community participation
- Financial commitment
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Examples of good metrics:
- Reply rates to emails
- Event attendance
- Purchase behavior
- Community participation
Key Takeaway
Focus on metrics that demonstrate actual engagement and value creation rather than easily manipulated vanity metrics that don't correlate with real business impact.
14:04 - 16:14
Full video: 59:53SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.