Real Engagement Metrics

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

  • 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?
  • 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

  • Newsletter subscribers

    • Auto-subscriptions through platforms like Substack
    • One-click subscription to multiple newsletters
    • Numbers inflated through UI/UX tricks
  • 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

  • Look for metrics that show:

    • Actual engagement
    • Willingness to take action
    • Real community participation
    • Financial commitment
  • 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: 59:53
SP

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.

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