How Do CMOs Evaluate Opportunity Cost of Under-Investing in Influencers?
Quick answer
Opportunity cost is what a CMO gives up by not investing: reach and trust competitors capture instead, customers acquired more cheaply than through ads, then a creator ecosystem that takes years to build if started late. Under-investing looks free but quietly cedes ground rivals are already taking.
We keep deferring influencer investment to next year and I want to express what that deferral costs. How do CMOs evaluate opportunity cost of under-investing in influencers?