How Do Enterprises Calculate ROI of Influencer Discovery Software?
Quick answer
ROI of discovery software is the value it creates minus its cost. Enterprises calculate value as analyst hours saved, wasted spend avoided by vetting out bad creators, then better campaign outcomes from sharper picks. Divide that by the subscription and rollout cost. For discovery, the sums usually favour the tool.
Finance wants a return figure for a discovery subscription and the benefits all feel indirect. How do enterprises calculate ROI of influencer discovery software?