Monday, April 27

Measuring Communication: Wrapping The ROC

Since January, we've presented an ongoing series dedicated to the Return on Communication (ROC) formula. The ROC defines a communication measurement abstract across advertising, marketing, public relations, internal communication, and social media.

[(B • I) (m+s • r)/d] / [O/(b + t + e)] = ROC

The formula demonstrates how the return on communication is related to the brand equity of the company or product, the intent of the communication, the execution of that intent, the reach and duration of that communication, and the outcomes that communication produces over the cost required to execute it. When matched to the equation, it would read like this:

The brand times intent (message plus suitability times reach divided by the duration) over the outcomes, divided by the cost (budget plus production time plus experience expended).

In other words, a company with a strong brand and well-defined intent that properly communicates to the right audience will produce better outcomes. Those outcomes can then be divided by the cost required to execute the communication. Simplified, all this really means is the return on communication is equal to how well the intent achieves its outcomes.

I | O = ROI

This also concludes the Monday series so we can present another white paper series next week. However, from time to time, we will be revisiting the abstract with models and case studies to demonstrate how it works by example.

Download The Abstract: Measure: I | O = ROC

The ROC is an abstract method of measuring the value of business communication by recognizing that the return on communication — advertising, marketing, public relations, internal communication, and social media — is related to the intent of the communication and the outcome it produces. Every Monday since January, the ROC series explored portions of the abstract.



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