How can businesses effectively measure the impact of their engagement strategies on social media platforms in terms of customer satisfaction and brand loyalty?

Businesses can measure the impact of their engagement strategies on social media platforms by tracking key metrics such as likes, shares, comments, and click-through rates. They can also conduct surveys or gather feedback from customers to assess their satisfaction levels. Monitoring sentiment analysis and brand mentions can provide insights into brand loyalty and customer perception. Additionally, analyzing customer retention rates and referral rates can help businesses understand the long-term impact of their engagement strategies on brand loyalty.