How to Tie ROI, KPIs and Other Metrics to Storytelling

October 4, 2016

by Carla Johnson

We hear about storytelling a lot, but what does it mean? And does branded storytelling actually work? And can you measure it?

That was the topic of last week’s Content Marketing Institute twitter chat with Jacob Warwick, marketing strategist at Blast Analytics. Here were the top takeaways from the chat…

Question 1: What’s the difference between content marketing and brand storytelling?

Related post: Why All Marketing Should Start With Your Brand Story

Content marketing vs storytelling

Question 2: Why the increase in brand storytelling? How does it fit into a brand’s marketing mix?

Increase in storytelling 1

Increase in storytelling 2

Question 3: Do agencies and content marketers have the same definition of branded storytelling? If no, which is right?

Definition of branded storytelling

Question 4: How can you measure the ROI of storytelling? What are the KPIs we should be tracking?

ROI of storytelling

Question 5: Stories are emotional. Numbers are not. How can you quantify emotional impact of a story?

Emotional impact of a story

Question 6: Storytelling has a natural home on social media. What metrics are best to track from social?

Storytelling Social Media

Question 7: Is there a point when trying to continually measure ROI of a story actually hurts the story?

ROI Story

ROI Story 2

Question 8: What tools or technology help in measuring branded storytelling?

a8

More Reading on Brand Storytelling –

If you’re wanting to up your storytelling game, here’s some additional resources on branded storytelling…

– Brand Your Company: How to Tell Your Organization’s Story (read)
– Digital Storytelling: Powerful insights from 14 Top Experts (read)
– 102 of the Most Inspiring Storytelling Quotes of All Time (read)
– How a Content Marketing Mission Statement Supports the Brand Story (read)
– REI’s #OptOutside Brand Story Proves Marketing Should Drive Operations (read)
– Lincoln Electric Changes Perception of Industry with Brand Storytelling (read)
– 6 Elements of Remarkable B2B Storytelling (read)
– How Emerson Made Science Sexy with Storytelling (read)

from-ideas-to-actionDownload our latest whitepaper: From Ideas to Action: Why Marketing Will Evolve Great Brand Stories into Stellar Customer Experiences.

Are you interested in creating a stronger brand story that you can turn into stellar customer experiences? Contact me and let’s talk about how we can help. Or follow me on LinkedIn, and Twitter, and if you like what you see, Subscribe here for regular updates.

 

Photo credit: Flickr user Adityo Sastromuljono

     About Carla

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Carla is a world-renowned storyteller, an entertaining speaker, and a prolific author. Having lived, worked, and studied on five continents, she's partnered with top brands and conferences to train thousands of people how to rethink the work that they do and the impact they can have. Her visionary expertise has inspired and equipped leaders at all levels to embrace change, welcome new ideas, and transform their business.

Her work with Fortune 500 brands served as the foundation for many of her books. Her tenth, RE:Think Innovation, is a #1 new release that busts the myth that innovation is something that requires a specific degree or special training. In fact, Carla explains why, to be a successful company in today's hyper-competitive, customer-driven world, innovation must be everyone's business. Her goal is to teach one million people how to become innovators by 2025.

Consistently named one of the top influencers in B2B, digital and content marketing, Carla regularly challenges conventional thinking. Today, she travels the world teaching anyone (and everyone) how to cultivate idea-driven teams that breed unstoppable creativity and game-changing innovation.