Guide
Tracking & ROI
Brands
Which KPIs to track in an influencer campaign depends on the campaign's objective. Awareness campaigns are judged on reach, impressions and cost per 1,000 impressions (CPM). Consideration campaigns are judged on engagement rate, click-through rate and website traffic. Sales campaigns are judged on attributed revenue, conversion rate, cost per acquisition (CPA) and ROAS. Using the same KPIs across all three objectives is the most common reason a campaign gets judged a failure it never was.
Use the table to match the objective a campaign was actually briefed for to the KPIs that genuinely measure it.
| Objective | Primary KPIs | Supporting KPIs | Tracking method | Watch out for |
|---|---|---|---|---|
| Awareness | Reach, impressions, cost per 1,000 impressions (CPM) | Video completion rate, share of voice | Platform-native insights, aggregated reach reporting | Reach without a cost context tells you size, not efficiency |
| Consideration | Engagement rate, click-through rate to site | Landing page visits, saves, branded search lift | Unique tracked links, UTM parameters, platform engagement data | High engagement can happen with zero purchase intent behind it |
| Sales / conversion | Attributed revenue, conversion rate, cost per acquisition (CPA) | ROAS, click-through rate, average order value | Unique tracked links, discount codes, UTMs, attribution window | Attribution gaps understate real sales — see how to measure when you can't track everything |
The most common reporting mistake in influencer marketing isn't bad tracking — it's judging an awareness campaign on ROAS, or a sales campaign on reach. Both produce the wrong verdict.
An influencer who generates 800,000 impressions for a product launch has done the job, even if the campaign produced only 12 direct sales — because sales was never the objective. Equally, a campaign with strong engagement but no tracked revenue isn't automatically a failure if the objective was consideration, not immediate sales. It only becomes a failure if the wrong thing was measured.
Decide the objective before the campaign starts, and decide the KPIs alongside it. Adding "and hopefully some sales too" to an awareness brief without changing the budget, format or CTA is the most common way a campaign ends up judged on a number it was never designed to deliver.
Awareness campaigns exist to make a brand or product known to a new audience — typically for a product launch, entering a new market, or extending reach beyond the existing customer base.
Clicks and sales aren't missing by accident here — they're rarely the point. Don't expect an awareness brief to deliver the same conversion rate as a direct sales campaign; that isn't what it was asked to do.
Consideration sits between knowing a brand exists and seriously wanting to buy it. The objective is moving someone from "aware of it" to "actively weighing it up" — relevant for products with a longer decision process, a higher price point, or a need for social proof before someone acts.
Click-through rate and engagement rate are useful in isolation, but they only become meaningful compared across several campaigns with the same objective — see how to avoid being misled by the number in influencer engagement rate.
Here the objective is unambiguous: an attributed action — typically a purchase — within a defined timeframe.
This category needs the most robust tracking of the three — see discount codes vs tracking links for the choice between the two primary methods, and attribution windows in influencer marketing for how long a creator should get credit for a sale.
Ask this before briefing a single creator: What does this campaign actually need to achieve, and within what timeframe?
| If the campaign's goal is... | ...use this KPI set |
|---|---|
| Getting known by a new audience or launching a new product | Awareness (reach, impressions, CPM) |
| Moving a cold audience closer to a purchase decision | Consideration (engagement rate, click-through rate, landing page visits) |
| Driving a specific, time-bound sale right now | Sales (attributed revenue, CPA, ROAS) |
A single campaign can absolutely carry multiple objectives across multiple creators — but each creator or piece of content should only be judged on the objective it was actually briefed to deliver. Blending objectives into one combined report hides which parts genuinely worked.
The numbers below are hypothetical and illustrate only how each KPI is calculated and used. This is not a real Make Influence customer case.
A 90,000 kr. campaign is split into three equal 30,000 kr. briefs, each with a different objective:
Judge Creator A on CPA, and the result looks like zero or a failure — because that brief never had a direct sales target attached. Judge Creator C on reach, and the 500,000 impressions Creator A delivered look far stronger, even though C delivered exactly what C was asked for. Each creator performed well — measured against the right number.
In Make Influence's experience, the most valuable habit is writing the KPI into the brief itself — not just the objective in words. "Awareness" without an attached reach or CPM target leaves room for someone later to judge the campaign on an entirely different number. We recommend agreeing the primary KPI, a realistic expectation for it, and who is responsible for reporting it, before the campaign goes live — not as part of the closing report.
Yes — but split the objectives across creators or content types, and judge each part separately. A campaign trying to do all three with the same creator and the same post usually ends up doing none of them well.
Start with reach and CPM if the product is unknown to the audience. Add click-through rate and landing page visits if part of the budget is also meant to build consideration. Only add a sales target if budget and content are actually set up to drive direct sales.
No. ROAS assumes tracked, attributed revenue, which an awareness campaign is rarely designed to generate directly. Use ROAS for sales-focused briefs, not ones built to build recognition.
One primary KPI per objective, plus a couple of supporting numbers to understand why the primary KPI moved the way it did. More than that makes the reporting harder to act on.
Use proxy signals and periodic incrementality tests instead of abandoning measurement altogether — see how to measure influencer marketing when you can't track everything.
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