How to Calculate Share of Voice the Right Way

Learn how to calculate share of voice with practical formulas and tools. This guide breaks down SOV calculation for SEO, social media, and PPC.

How to Calculate Share of Voice the Right Way
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At its core, calculating share of voice is straightforward. You take your brand’s specific metrics, divide them by the total market’s metrics for that same channel, and multiply the result by 100. This gives you a percentage representing your market presence.
The formula looks like this: (Your Brand Metrics / Total Market Metrics) x 100%.
This simple calculation is the key to unlocking how much space you occupy in any given arena, from the fiercely competitive world of paid ads to the long game of organic search.

What Share of Voice Really Means for Your Brand

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Share of Voice (SOV) is far more than just another marketing buzzword. Think of it as a direct pulse check on your brand's health and influence within a crowded market. Moving beyond the textbook definition, consistently tracking SOV is fundamental to building a proactive competitive strategy.
It's the answer to a critical question: how much of the relevant conversation does your brand actually own compared to everyone else fighting for your audience's attention?

The Evolution from Ad Spend to Overall Presence

SOV got its start in the world of PPC. Originally, it was a way to measure how much ad space a brand commanded compared to its rivals, a figure that often mirrored its overall market share. But as the digital world exploded, so did the application of SOV.
By the mid-2010s, its use had expanded into the broader marketing ecosystem, covering organic search, social media mentions, and PR coverage. Research has repeatedly shown that brands with a higher SOV tend to earn greater purchase consideration, creating a direct line between the volume of online conversation and the health of the brand.
This evolution means SOV now captures your brand’s holistic presence, not just its ad budget. For a deeper look at the fundamentals and practical steps involved, this guide on how to measure Share of Voice is an excellent resource.

Key Share of Voice Metrics Across Different Channels

Understanding which metric to track is channel-specific. What works for social media won't give you an accurate picture for organic search. This table breaks down the primary metrics you'll want to focus on for each channel to get a clear and actionable SOV calculation.
Channel
What It Measures
Primary Metric for Calculation
Organic Search
Visibility on SERPs for target keywords.
Keyword rankings, click-through rate (CTR), impressions.
Paid Search (PPC)
Dominance in paid ad placements.
Impression share.
Social Media
Brand's presence in social conversations.
Brand mentions, specific hashtags, reach, impressions.
Public Relations (PR)
Media coverage and brand mentions in publications.
Number of articles, press clippings, media mentions.
As you can see, the "metric" in the SOV formula changes depending on where you're measuring. The key is to maintain consistency in what you track over time to spot meaningful trends.

A Practical Example of SOV in Action

Let’s put this into a real-world context. Imagine two B2B SaaS startups, both competing in the crowded project management software space.
Startup A is diligent about tracking its SOV across tech blogs and social media. One morning, their analyst notices a sudden spike in mentions for their competitor, Startup B. The conversation is clustered around keywords like "collaboration features" and "team integration."
By analyzing this shift, Startup A correctly predicted that Startup B was gearing up for a major product launch centered on team collaboration. This gave them a crucial head start to craft a counter-marketing campaign, preemptively highlighting their own platform's superior integration capabilities.
This scenario shows how SOV is much more than a retroactive report card. When used effectively, it becomes a predictive tool. It turns raw data into a competitive advantage, allowing you to anticipate competitor moves and respond strategically instead of just reacting.

Identifying Your True Competitors for a Realistic SOV

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Before you even think about crunching numbers, the entire accuracy of your share of voice (SOV) calculation rests on one critical step: defining who you’re actually up against. Get this wrong, and you're building a strategy on a foundation of sand.
If your competitor list is incomplete or inaccurate, the data you get back will be completely misleading. You need a crystal-clear picture of every brand vying for your audience's attention on the channels you care about.
This means looking beyond the usual suspects. Your direct competitors, the ones selling a similar product to the same audience, are just the tip of the iceberg. A truly insightful analysis digs much deeper.

Think Beyond Your Direct Rivals

To get a true feel for your market presence, you have to segment your competitors. I like to think of it in layers, with each layer representing a different kind of player that influences your target audience. This helps avoid the common traps of being too narrow and missing new threats, or too broad and diluting your data with irrelevant noise.
A solid, well-rounded list usually breaks down like this:
  • Direct Competitors: These are the brands you clash with every day. For a local craft brewery, this is simply the other breweries in town.
  • Indirect Competitors: They scratch the same itch for your customer but with a different product. That brewery isn't just fighting other beers; it's also up against hard seltzer brands and local wineries for that "Friday night drink" spot.
  • Aspirational or "Halo" Competitors: These are the big fish—the national or global brands that own the conversation. For our local brewery, keeping an eye on a giant like Sam Adams gives valuable context on wider industry trends and messaging.
Here's a mistake I see all the time: focusing only on direct business rivals. The truth is, your audience's attention is pulled in a dozen different directions. Any brand that steals focus from you within your topic is chipping away at your SOV, even if they don't sell a competing product.

Use Data to Build Your Hit List

Don't guess. Your competitor list needs to be built with hard data, not just gut feelings from the sales team. SEO and social listening tools are your best friends here because they show you who is actually competing for the same digital turf.
A great starting point is to use your favorite SEO tool to see who consistently ranks for your most important commercial keywords. This will immediately reveal your primary search competitors.
From there, I'd recommend running a full SEO content gap analysis. This shows you what topics your search competitors are covering that you've missed, giving you a much clearer view of their content strategy and where they're winning.
Next, jump over to a social listening platform. Monitor conversations around your core industry topics and hashtags. Pay close attention to which brands—beyond the ones you already know—keep popping up. You might just uncover a fast-growing startup or an indirect competitor who has sneakily captured a huge slice of the conversation. This systematic, data-first approach ensures your SOV calculation reflects reality, not just your own assumptions.

Gathering the Data for Your Share of Voice Calculation

Once you've mapped out your competitive landscape, it's time to get your hands dirty and start gathering the raw data. The whole point of this exercise hinges on the quality and consistency of the information you pull, so accuracy is everything.
Honestly, trying to track this stuff manually in a spreadsheet is a recipe for disaster—it's not only incredibly tedious but also full of potential for human error. We're going to focus on using specialized tools to build a reliable, repeatable process. The goal is to automate as much as you can. This frees you up to do the important work: analyzing the insights and making smart decisions, rather than being buried in data entry.
Different channels require different tools and metrics, so let's break down where to look.

Sourcing Your Social Media Data

For social media, the core data points you need are brand mentions and relevant hashtag usage. This is where a solid social listening tool becomes non-negotiable. Platforms like Brandwatch or Hootsuite are built for exactly this—they monitor millions of online conversations in real-time.
You’ll want to set up your tool to track:
  • Your brand name, including common misspellings or variations.
  • Your main competitors' brand names.
  • Key product names, both yours and your rivals'.
  • Industry-specific hashtags and keywords that are central to the conversation.
By setting up these trackers, the platform automatically collects every relevant mention, giving you the total volume of conversation for your market. This data is the bedrock of your social SOV calculation. If you're looking for more options, we've put together a guide on some essential brand awareness measurement tools that can help automate the heavy lifting.
The infographic below gives you a clear visual of how data collection flows across your key digital channels.
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As you can see, this isn't about just one channel. A comprehensive SOV analysis pulls in distinct data from social mentions, organic visibility, and paid impressions to paint the full picture.

Uncovering SEO and Paid Media Metrics

When we shift to organic search, the game changes. Your data will come from SEO platforms like Ahrefs or Semrush. Here, you’re not just looking at simple keyword rankings. The metric that truly matters is search visibility—it represents the percentage of all possible organic clicks your site is getting from a specific set of keywords you're tracking.
For paid media, the data is much more direct. Dive into your Google Ads account and look for one metric above all others: Impression Share. This number tells you the percentage of impressions your ads actually received compared to the total number they could have received.
Impression Share is basically your paid search share of voice, served up on a silver platter by Google itself. A 40% impression share means that for every 10 searches a potential customer made using your keywords, your ad showed up four times. Your competitors snagged the other six.
Establishing a solid, tool-driven system for data collection is the most critical part of this whole process. It's what turns Share of Voice from a vague concept into a hard, actionable metric you can use to drive strategy.

Applying the Right SOV Formulas for Each Channel

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Alright, you've defined your competitive landscape and have a steady stream of data coming in. Now comes the fun part: turning those raw numbers into an actual share of voice percentage. The core idea is always the same, but the specific metrics you'll use are going to change pretty dramatically depending on the channel you're looking at.
At its heart, the share of voice calculation is simple: Your Brand Metrics ÷ Total Market Metrics. But what counts as a "metric" is key. For paid ads, you're looking at your impression share. For SEO, it’s all about your slice of the potential organic traffic pie.
Getting this right is non-negotiable. If you try to apply a social media metric, like conversation volume, to your SEO efforts, you’ll end up with a warped view of your market position. That's how bad strategic decisions get made.

Calculating Your Social Media Share of Voice

On social media, share of voice is all about the conversation. How much of the chatter in your niche is about you versus everyone else? The go-to formula tracks brand mentions, including relevant hashtags.
It’s a straightforward calculation: (Your Brand Mentions / Total Market Mentions) x 100.
Let’s go back to our apparel brand, "Urban Threads." Say their social listening tool clocks 1,500 mentions of their brand on Instagram this month. In that same timeframe, the total mentions for Urban Threads and its four key competitors hit 30,000. Do the math, and their social SOV is 5%.
This number immediately puts things in perspective. A 5% SOV tells the team they’re on the board, but competitors are dominating the other 95% of the conversation. That's a clear signal to dig into what those competitors are doing to generate so much more buzz.

Measuring SEO Share of Voice

Organic search SOV is a different beast entirely. It's way more than just tracking where you rank for a few keywords. True visibility accounts for the search volume behind those keywords and the click-through rate (CTR) you can expect from your ranking position. Thankfully, most modern SEO platforms bundle this up into a single "Visibility Score."
The formula boils down to: (Your Estimated Organic Traffic / Total Estimated Market Traffic) x 100.
So, for Urban Threads, they're tracking a set of 100 high-value keywords like "sustainable streetwear" and "organic cotton hoodies." Their SEO tool estimates that their current rankings pull in about 15,000 organic visitors a month from that keyword group. The total estimated traffic for all competitors ranking for those terms is 100,000. That gives Urban Threads an SEO share of voice of 15%.
That 15% figure tells a much richer story than just knowing they rank #3 for one term. It represents their actual piece of the available traffic. If you want a more detailed breakdown, this guide on how to calculate share of voice is a fantastic resource for getting into the weeds.

Interpreting PPC Share of Voice

When it comes to pay-per-click, things get refreshingly simple. Google Ads hands you the metric on a silver platter: it's called Impression Share. That is your share of voice for paid search.
The formula is exactly what it sounds like: (Your Impressions / Total Eligible Impressions) x 100.
If the Urban Threads Google Ads account shows an Impression Share of 40% for their "Spring Collection" campaign, it means their ads showed up in 40% of the auctions where they were eligible to appear. It's a direct, unambiguous measure of how much ad space they captured and, more importantly, how much room there is to grow.

Share of Voice Calculation Methods by Channel

To pull it all together, here's a quick cheat sheet for calculating SOV across different channels. Each one requires a unique approach, its own set of data, and specific tools to get the job done right.
Marketing Channel
SOV Formula
Required Data Inputs
Example Tool
Social Media
(Your Mentions / Total Mentions) x 100
Your brand mentions, competitor mentions, relevant hashtags
SEO
(Your Visibility Score / Total Market Visibility) x 100
Target keywords, search volume, click-through-rate data
PPC
(Your Impressions / Total Eligible Impressions) x 100
Impression data from ad platform
Content Marketing
(Your Content Mentions / Total Content Mentions) x 100
Backlinks, unlinked brand mentions, topic authority
As you can see, there's no single "Share of Voice" number. It’s a concept applied uniquely to each channel, giving you a nuanced, 360-degree view of your brand’s presence in the market.
Figuring out your share of voice is a great start, but that number is pretty useless on its own. The real magic happens when you turn that data into a genuine strategic advantage. An SOV percentage sitting in a spreadsheet doesn't mean much until you put it into context—how does it stack up against your rivals, and how is it changing over time?
This is how you start answering the questions that actually matter. Are we gaining or losing ground? Did that big product launch make a dent in the conversation, or did it just fade into the noise? Watching these trends helps you get a feel for the market's natural rhythm, so you can tell the difference between a normal blip and a major shift that needs your attention.

Go Beyond Volume with Sentiment Analysis

Look, a high share of voice isn't automatically a win. Imagine your brand is suddenly the talk of Twitter. You pop the champagne, only to discover 80% of the mentions are from furious customers complaining about a massive service outage. That's a PR crisis, not a marketing victory.
This is exactly why you have to pair your SOV metrics with sentiment analysis. It’s not optional. Sentiment analysis sorts all those mentions into positive, negative, or neutral buckets, giving you the qualitative story behind the quantitative data. It moves you from "they're talking about us" to "this is how they feel about us," which is infinitely more valuable.
A competitor could have a smaller share of voice, but if their slice of the conversation is glowing with positive feedback, they're the ones building real brand loyalty. The objective isn't just to be the loudest voice in the room; it's to be the most respected.

Find Your Competitive Edge in the Data

Once you have a clear picture of where you stand—context and all—you can start making smarter moves. This is where you find the gaps your competitors are completely missing and decide where to point your resources for the biggest payoff.
Here are a few ways I've seen this play out:
  • Pinpoint Keyword Gaps: A low SEO share of voice isn't a dead end; it's a treasure map. Dive into the keywords your competitors own and see where you're invisible. Those gaps are your opportunities. You now have a clear list of topics to build targeted content around and start siphoning away their traffic.
  • Reverse-Engineer Competitor Success: If one of your rivals is dominating social media, get your detective hat on and figure out why. Are they nailing it with short-form video? Have they found a niche group of influencers you've overlooked? Break down their best-performing content, understand the formula, and then find a way to put your own unique spin on it.
  • Inform Your Content Strategy: Let the data guide your creative efforts. Understanding which industry conversations are happening without you is the best way to plan your entrance. This insight feeds directly into how you develop a content marketing strategy, ensuring you're creating content that actually has a chance of capturing attention where it matters most.

Common Share of Voice Questions, Answered

As you start to work with Share of Voice, a few questions always pop up. Let's tackle some of the most common ones I hear from marketers so you can sidestep the usual traps and use this metric effectively.

What’s a Good Share of Voice Percentage?

This is the million-dollar question, and the only honest answer is: it completely depends on your industry and your goals. There's no magic number that works for everyone.
Think about it this way: for a new local coffee shop, grabbing a 15% SOV in its neighborhood conversation might mean it's the talk of the town. But for a global smartphone brand, even a hard-won 5% SOV could represent a massive audience and a major victory.
Instead of hunting for a universal benchmark, your focus should be on your direct competitors. A far more powerful goal is to achieve an "excess share of voice" (eSOV), which means your SOV is higher than your actual market share. This is one of the strongest predictors of future growth. Aim to consistently outpace your key rivals and demonstrate steady improvement each quarter.

How Often Should I Be Calculating SOV?

The right rhythm for measuring SOV really comes down to the pace of your market. If you’re in a fast-moving industry like fashion or consumer tech, things change in a flash. A monthly check-in is probably necessary to stay on top of new campaigns, product launches, and shifting trends.
On the other hand, for many B2B industries where the sales cycle is longer and the conversation is more stable, a quarterly analysis is usually perfect. It's frequent enough to catch important trends but not so frequent that you're getting bogged down by minor, day-to-day noise.

Can a Small Brand Actually Compete on SOV?

Yes, absolutely. And this is where it gets interesting. Competing on SOV isn't just a game of who has the biggest budget. Smaller brands can win by being more strategic and targeted. Forget trying to own the entire conversation; instead, find a corner of the market where you can be the loudest voice.
Here are a couple of ways I’ve seen this work:
  • Own a specific niche. A small B2B software company has no chance of dominating the conversation around "CRM software." But it can absolutely become the go-to authority for "CRM for independent consultants."
  • Dominate a single channel. If you know your audience lives on TikTok, don't spread your resources thin. Go all-in on that platform to build a massive SOV there, even if you can’t dream of matching a competitor's national TV spend.
By focusing your efforts, a smaller brand can achieve an incredibly high SOV within a segment that really matters to its bottom line.

What's the Difference Between SOV and Market Share?

It’s easy to mix these two up, but they measure very different things. The simplest way to think about it is that SOV is a leading indicator, and market share is a lagging indicator.
  • Share of Voice (SOV): This is all about your brand's slice of the conversation. It’s a direct reflection of how effective your marketing and communications are.
  • Market Share: This is your brand's slice of the revenue. It’s a measure of total sales or units sold and reflects your actual business performance.
A rising SOV is often a sign that market share growth is on the horizon, which is what makes it such a powerful metric for any forward-looking marketing team.
Ready to stop guessing and start measuring your brand's presence in the new era of AI search? Attensira provides the tools to track your visibility across AI-driven platforms, find content gaps, and get actionable insights to dominate the conversation. See how you stack up by visiting https://attensira.com.

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Written by

Karl-Gustav Kallasmaa
Karl-Gustav Kallasmaa

Founder of Attensira