Our Business Strategist & Artistic Director, Daniela Pavan, digs deep into the core of Creative Point-On’s business philosophy. In business, ROE has a specific meaning: Return Of Equity, which is a measure of financial performance. It is calculated by dividing net income by shareholders’ equity. ROE is considered the index that measures a corporation’s profitability in relation to stockholders’ equity. But how does ROE apply to the art & business of storytelling?
By Daniela Pavan
Creative Point-On’s business lines gravitate all around one central concept: storytelling. So the question is, how can the ROE, the return of equity, be applied to a storytelling approach? Maybe interpreting the ROE from a different perspective. If we think about it in terms of Return of Emotions then we can more appropriately and efficiently find its application in the storytelling field.
Since the dawn of time, we have tried to make a sense of our romance with the unknown by expressing it through stories, from primitive graffiti to songs, poems, movies, podcasts, blogs, posts, till the stories on Instagram.
Storytelling pushes the message in the gears of modern communication and global innovation. Behind every artist, entrepreneur, brand, product, or institution, there’s always a story.
We live in a world where we are online almost 24/7, and at times we forget to value the importance of human relationships. Well, stories can help us stay emotionally connected to one another in the same way that they can help brands connect with their potential customers on an emotional level. Stories are indeed a powerful problem-solving tool. They build connections and transform perspectives. Through the conflicts and the challenges in a story, an audience can profoundly transform their point of view and become emotionally attached to the storyline material and to who narrates the story.
“Stories emphasize emotional values. That’s why if a brand, a company, or a talent articulate their storytelling well, they can effectively grow an affectionate audience base, which can therefore turn leads into long-lasting customers.“
Daniela Pavan
Also, stories emphasize emotional values. That’s why if a brand, a company, or a talent articulate their storytelling well, they can effectively grow an affectionate audience base, which can therefore turn leads into long-lasting customers. Storytelling is, by definition, a way of reaching an audience that taps into their emotions, provokes empathy, and resonates deeply with their own personal story.
Whatever emotion a particular story triggers, it ignites a gut feeling. As humans, we’re prone to listen to those emotions and they often become the basis through which we decide to spread the word, to engage with a brand, to buy. This is why storytelling generates not just a return on investment but also a return on emotion.
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