How can companies effectively measure the impact and ROI of partnering with social media influencers for their marketing campaigns?

Companies can effectively measure the impact and ROI of partnering with social media influencers by setting clear goals and objectives for the campaign. They can track metrics such as engagement rates, website traffic, and sales conversions to gauge the success of the partnership. Utilizing unique tracking links, promo codes, and affiliate programs can also help attribute sales directly to the influencer's efforts. Lastly, conducting surveys or gathering feedback from customers can provide valuable insights into the overall impact of the influencer collaboration on brand awareness and perception.