ModumUp Blog

Stop tracking useless metrics like the Social Selling Index - focus on what drives business results

Stop tracking useless metrics like the Social Selling Index - focus on what drives business results

Here are the metrics we focus on:

1️⃣ Connection Rate

Formula: (Approved connection requests / Total sent requests) × 100%

Why it matters: Shows how trustworthy your profile is. A low rate may indicate poor targeting or an unappealing profile.

Benchmarks:

- High: 40%+ (globally) / 30%+ (US)

- Average: 25–39% (globally) / 18–29% (US)

- Low: Below 25% (globally) / 18% (US)

How to improve it:

- Focus on one region

- Optimize your profile: strong headline and credibility markers

- Grow your network via mutual connections, influencers, and event attendees

2️⃣ Response Rate

Formula: (Replies to messages / Total sent messages) × 100%

Why it matters: Shows how effective your outreach is. A low rate means a spammy or irrelevant message.

Benchmarks:

- First messages: High – 25%+, Average – 15–24%, Low – below 15%

- Follow-ups: High – 10%+, Average – 5–10%, Low – below 5%

How to improve it:

- Keep messages short and to the point,

- Use icebreakers (mutual connection, shared experience, or industry event)

- Test different messages

3️⃣ Audience Interest Rate

Formula: (Interested replies / Total replies) × 100%

Why it matters: Shows how engaging your proposal is - whether prospects ask questions or share contact details to get more information.

Benchmarks:

- High: 30%+

- Average: 15–29%

- Low: Below 15%

How to improve it:

- Show how your proposal solves the problem and make CTA easy to act on

- Provide social proof (client logos, testimonials, case studies)

- Offer something of value (e.g., an industry report, or free consultation)

4️⃣ Conversion Rate

Formula: (Leads generated / Total replies) × 100%

Why it matters: Measures how well your proposal converts replies into meetings or calls with potential clients.

Benchmarks:

- High: 9%+

- Average: 3–8%

- Low: Below 3%

How to improve it:

- Clearly explain the call's value

- Keep the time commitment low - mention that the call will take just 10–15 minutes

- Follow up strategically: remind, clarify benefits, and address objections

5️⃣ Content View Rate

Formula: (Post views / Total connections) × 100%

Why it matters: It shows how visible and engaging your content is within your network.

Benchmarks:

- High: 50%+ (under 1,000 connections) / 40%+ (1,000–3,000) / 35%+ (3,000–5,000) / 25%+ (5,000+)

- Average: 30–50% (under 1,000) / 25–40% (1,000–3,000) / 25–35% (3,000–5,000) / 20–25% (5,000+)

- Low: Below 30% (under 1,000) / 25% (1,000–3,000) / 25% (3,000–5,000) / 20% (5,000+)

How to improve it:

- Post personal stories and insights

- Use high-engagement formats: carousels, videos, polls, and personal photos

- Tag relevant people and companies to increase visibility

By tracking these metrics regularly, we identify weak points and adjust for better results.