Yes, measuring the conversion rates associated with your influencer marketing efforts is indeed crucial and fully feasible.

1. Unique Promo Codes: One common method is assigning unique promotional codes to each influencer. When a customer uses these codes, you can directly trace the conversion back to the specific influencer.

2. Affiliate Links: Similarly, brands can use affiliate or tracking links which lead the audience to the product’s page on the brand’s website. Clicks and conversions via these links can be tracked.

3. Platforms Analytics: Using influencer marketing platforms, like Flinque, can be quite helpful. Flinque provides an easy-to-use dashboard where you can view and track the performance of your influencer marketing campaigns.

4. Social Media Insights: Social media platforms themselves provide comprehensive analytic tools to measure engagement and conversion levels.

5. Surveys: Post-purchase surveys where customers are asked how they discovered your product can also reflect the effectiveness of your influencer marketing.

Remember, quantifying your conversion rates depends largely on the specific metrics that matter most to your brand, which may range from clicks and traffic, to purchases and customer loyalty.

Different tools and platforms may offer different metrics, reporting styles, and levels of detail. Therefore, it’s essential to evaluate these platforms based not only on their discovery and campaign management features, but also on how well their performance tracking and analytics meet your needs.