A benchmark gives your numbers context. A 2% engagement rate means little on its own, but compared with an industry average, a competitor's results or your own past performance, it tells you whether you are ahead or behind.
There are two main types. External benchmarks come from industry reports or competitor analysis. Internal benchmarks use your own history, such as your average engagement over the last 90 days. Internal benchmarks are often more useful because they reflect your audience and goals.
Benchmarks differ by platform, industry and account size, so compare like with like. Treat published averages as rough guides, since they shift as platforms and user habits change.
Questions about Benchmark
What is a good engagement rate benchmark?
It varies by platform, industry and account size, and averages change over time. Smaller accounts often see higher rates than large ones. The most reliable benchmark is your own recent average: aim to beat it consistently rather than chasing a universal number.
How do you set social media benchmarks?
Collect a few months of your own data for key metrics like reach, engagement rate and click-through rate. Calculate averages per platform, then compare against competitors or industry reports. Review and update benchmarks every quarter.
What is the difference between a benchmark and a KPI?
A KPI is a metric you have chosen to track progress toward a goal. A benchmark is a reference value for judging that metric. For example, engagement rate might be your KPI, and your industry average engagement rate is its benchmark.