The signal I check is reply depth, not reach.
Before signing anyone, I open their last ten posts and count how many comment threads go more than one turn. Not likes, not views, not the follower number on the media kit. How often does the creator say something, a follower answers, and the creator answers back? A creator with 40,000 followers and real back-and-forth will usually outperform one with 400,000 followers and a comment section full of fire emojis.
That predicts business results because it is a proxy for trust, and trust is what moves someone from watching to buying. Reach only tells you how many people had the chance to scroll past you.
On fit versus cost, I think most teams have the tradeoff upside down. They treat fit as the soft criterion and reach as the hard one, so they overpay for audience size and then wonder why conversion was flat. Fit is the multiplier. Reach is just the number it multiplies. I would rather pay a premium for a smaller creator whose audience already overlaps with the product.
I come at this from a slightly unusual angle, because I work in virtual influencers, where the category is being rebuilt around conversation instead of broadcast. The legacy characters post photos to millions of strangers. The newer companion-class ones hold actual one-to-one conversations and remember what a fan told them last week.
Working on that side of it made the reply-depth signal obvious to me. When conversation is the product rather than a byproduct, you can see precisely how long people stay engaged, and that number tracks outcomes far better than follower count ever has.
One caveat: no amount of creator fit rescues a bad brief. The best-matched creator will still underperform if you hand them a script instead of a point of view.