How do I assess the ROI of my influencer marketing campaigns?
Quick answer
You assess ROI by answering three questions honestly, what counts as return here, how confidently can you attribute it and what did it truly cost. The first sets the yardstick, revenue for a conversion campaign, reach and brand lift for an awareness one, so you do not judge a campaign on a metric it was never built to move. The second is about attribution confidence, tracked sales through codes and links are high-confidence, brand demand lift is a reasoned estimate and an honest assessment labels which is which rather than blurring them. The third forces the full cost in, fees plus product plus production and time, since a return measured against the headline fee alone flatters every campaign. Assess ROI as a judgement built from those three, not a single ratio, since the number only means something once you know what it counts, how sure you are and what it really cost.
I want a real read, not a vanity number. How can I assess the ROI of my influencer marketing campaigns?