International Journal of Multidisciplinary and Scientific
Emerging Research (IJMSERH)

|Peer Reviewed, Refereed & Open Access Journal | Follows UGC CARE Journal Norms and Guidelines|

|ISSN 2349-6037|Approved by ISSN, NSL & NISCAIR| Impact Factor: 9.274 |ESTD:2013|

|Scholarly Open Access Journal, Peer-Reviewed, and Refereed Journals, Impact factor 9.274 (Calculated by Google Scholar and Semantic Scholar | AI-Powered Research Tool | Multidisciplinary, Quarterly, Citation Generator, Digital Object Identifier(DOI)|

Article

TITLE Financial Analysis of Influencer Marketing: A Study of Indian Social Marketing Influencers
ABSTRACT Influencer marketing has transformed the digital advertising landscape in India by enabling brands to connect with consumers through relatable and trusted online personalities. With the rapid expansion of social media platforms such as Instagram and YouTube, influencers have emerged as powerful intermediaries between brands and audiences. This research paper examines influencer marketing from a financial perspective, focusing on cost structures, return on investment (ROI), engagement efficiency, and long-term profitability within the Indian market. The study adopts a descriptive and analytical approach using primary data gathered through interviews, observation of campaigns, and case-based evaluation. Financial indicators including campaign expenditure, customer acquisition cost, engagement-to-conversion ratio, and revenue contribution are analyzed to determine economic viability. The research findings indicate that influencer marketing can generate positive financial returns when campaigns are strategically designed and aligned with audience preferences. Micro and mid-level influencers often deliver stronger cost efficiency compared to celebrity endorsements. However, challenges such as inconsistent pricing, algorithm changes, and measurement limitations affect profitability. The study concludes that influencer marketing should be treated as a structured financial investment rather than a purely creative activity. Data-driven evaluation and long-term partnerships significantly improve campaign sustainability and financial outcomes.
AUTHOR Ritika Gupta, Dr. Himanshu Rastogi Student, Amity Business School, Amity University, Uttar Pradesh, Lucknow Campus, Uttar Pradesh, India Professor, Amity Business School, Amity University, Uttar Pradesh, Lucknow Campus, Uttar Pradesh, India
PUBLICATION DATE 2026-03-23 19:59:51
VOLUME 14
ISSUE 1
DOI DOI: 10.15662/IJMSERH.2026.1401026
PDF pdf/2026/1/26_Financial Analysis of Influencer Marketing A Study of Indian Social Marketing Influencers.pdf
KEYWORDS
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