Today’s post is a guest post from our friend and tack-minded cohort Matt Ridings, Founder of MSR Consulting, and a thought leader on integrating social media into the realm of Relationship Marketing. He blogs over at Techguerilla, and you can find him on Twitter at @techguerilla
I recently had the pleasure of finally meeting Jeff Pulver in person. While here he gave a brief talk to the group of people present in which he made the statement that “sometimes, ROI can mean Return On Inspiration, or Return on Innovation”. As soon as I heard it I started dreading what was going to come next.
Like clockwork I started seeing tweets about that statement. By far it was the thing most commented on. People loved that remark. It resonates with that part of us that thing all businesses are selfish and if we’d just care a little more the world would be a better place. It certainly resonates with me.
I then prepared myself for the fact that I was going to be approached by several people who knew that I have argued vigorously against that very statement before. Sure enough, I was soon surrounded like the leader of some cult compound. And I was in a tough spot. On the one hand, I didn’t really have any issue with what Jeff said in the context of the moment.
On the other, I’m a well-known proponent of the fact that ROI is ROI and that it means one thing and one thing only. Moreover, we should not be trying to re-purpose it into having any other meaning. How do I explain that I didn’t feel his statements and mine were in direct conflict with one another?
Context is Everything
The keys here are context and objective. What was Jeff’s *objective*? I don’t want to put words into his mouth but I think his objective was to tell a story. To illustrate the power of a medium to make a difference. To inspire others to socially think beyond themselves. In that *context* it makes perfect sense to say that one doesn’t have to only be motivated by business financials (ROI) but that you can also reap rewards outside of that realm (Inspiration, etc) that can make things worth doing. And I 100% agree with that.
I tell that story as a mild illustration of what is a real issue within the social media community. Make no mistake, the problem exists in virtually all other facets of society as well, it’s simply that social media has better acoustics in its echo chamber than most other arenas of life. That problem is “contextual confusion”, or in many cases contextual laziness.
The pace at which we move through this social realm is staggering. Read a tweet, rinse, and retweet. An idea, no matter how incorrect, can build momentum and become a commonly held belief within moments. So there’s a drive to jump on a hot topic, insert an opinion in a wizened Yoda-like voice, and shove it out to the world lickety-split. What we lose in that process however is any reflection on that hot topic. What may sound completely logical in passing might make no sense whatsoever if broken down into elements that contain context and objective.
Educated Guessing or Just…Guessing?
Let’s take a popular topic like the Old Spice social media campaign as an example. Here is a campaign that within 24 hours had a surge of comments to the effect that it was “genius”, as the hours wore on there were those who took a different tact and said it was a “failure” and waste of money. On either sides of those opinions you could find really good reasons for why either one was right. But both sides had no actual context or objective by which to make the statements they did.
What if there had been no bump in sales at all? That’d be a failure right? Not so fast. What if their *objective* was simply to experiment with using social media as a means for changing their brands perception in the marketplace? What if it was a PR stunt used to setup some future campaign strategy? If I know that information then I can put the activity into *context* and try and make a judgement, otherwise I’m simply turning over my Magic 8-Ball and making uneducated guesses.
I’m ok with guessing. There’s nothing wrong with a little monday morning quarterbacking, just please drop the certainty from your voice if you have no insight into the objective or context. Or better yet, how about following the old programming model of If->Then->Else (if the objective was x, then the answer is y, else the answer is z). I can respect that. It shows that you may not have all of the information, but that you have formed educated opinions based upon the “possibilities”.
Thoughtful Conclusions
So back to the original storyline. Jeff’s job is to inspire you to think beyond the business. My job is to make your business money. It is perfectly acceptable within his context and objective to use language like “Return On Inspiration”, he’s painting a picture for you that there is more to life than financial success. If, on the other hand, he was using that language to try and sell a business on the fact that they didn’t need to really measure their social media activities in financial terms I’d blow him out of the water.
Some in that audience that night will take his statements as justification that true ROI isn’t that important. We tend to say things like “they misunderstood”, or “they didn’t get it”. But what actually happened is that they were simply being contextually lazy. When we say things like “they are just inexperienced”, what we really mean is that they haven’t had enough exposure yet in their life to various objectives so as to place something into possible contexts.
This is why some of the most effective problem solvers you meet tend to immediately question facts when presented with them. How were they arrived at? Who produced them? Are they biased? What was the intention of the data? etc. They are attempting to find the objective and context. Go ask Tom Webster (@webby2001) if he instantly accepts information that is put in front of him.
So no, I have not changed my opinion about the usage of the term ROI. I will still absolutely jump in if I see you trying to re-purpose the word to justify not having to measure your work. But in the right context, I will still sit in the audience and feel just as inspired as you when someone chooses to manipulate the word to make a great point about life.
Matt Ridings – @techguerilla
Find more like this: Communication, Guest Posts, Measurement, Social media , Communication, context, jeff pulver, matt ridings, return on investment, Social media, social media ROI, techguerilla, tom webster



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