This document discusses social media netnography, which involves tapping into online conversations to gather insights. It outlines the process of traditional research compared to netnography. Netnography uses text analytics to extract terms and categorize them to analyze sentiment, emotions, and trends. Insights can be generated about target groups, brands, products, and customer experience. The document provides an example analysis of online conversations about seizure medications, highlighting strengths and weaknesses of different brands. It notes that social media netnography requires time and iteration to analyze conversations and should be used to complement traditional research methods.
28. Tapping into online conversations Social Media Nethnography Social Media Dashboards / Monitoring exploratory for enhanced quality
29. Social Media Nethnography Traditional research SURVEY/ TOPIC GUIDE DEVELOPMENT what do we want to ask SAMPLING selection of sources/situations you want to observe SAMPLING selection of participants we want to talk to DATA COLLECTION with the aid of research blogs or webscraping DATA COLLECTION using pre-defined research tools, traditional ones or innovative ones FRAMEWORK DEVELOPMENT what do we want to observe? which conversations interest us? ANALYSIS answering questions that were predefined TOP-DOWN & BOTTOM-UP ANALYSIS Combination of quantitative & qualitative analysis techniques + text analytics
31. What is? Text analytics is the process of extracting knowledge and information from text Stage 1: Extraction of terms What do I want to use? Stage 2: Group terms in higher level concepts or categories
32. Extracting data Extraction = What will we use in further analysis and what will we ignore? Bottom-up Keep terms that sponaneously pop-up Top-down Keep terms based on the market knowledge
33. Categorization Categories are higher-level concepts that represent higher level ideas and information in the text // answers option in quantitative survey
35. Sentiment analysis Sentiment of theconversation Sentiment of abrand / topic Sentence level Conversation level 'I had a terribleday. I drank some Lipton tea and feltbetter 'I had a terrible day. I drank some Lipton tea and feltbetter 1 positive – 1 negative 1 positive
37. Insight generation What is my target group concerned about? What are trends in the market? What are your blind spots? Brand analyses What is the share-of-voice and sentiment of my brand online? What is my online brand positioning? How do my competitors perform? How is the impact of my advertising affecting online buzz? Advertising impact How is the impact of my advertising affecting online buzz? Product How is a new product launch evaluated? How is a new product diffusing in the market? Customer Experience How are different touch points evaluated? What are reasons to switch? How strong is recommendation behaviour / referral value?
39. Major diseases when getting older? Top 20 discussed diseases physical psychological
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41. Never endingClothes Housing Dog Payment Personal care Law Diseases Identity Treatment Telephone call Guilt Buzz volume
42. Alzheimer DrugsSentimeter All posts Posts about AH Drugs Posts about Aricept Posts about Namenda Posts about Reminyl Comparison with sentiment across brands Significantly higher No significant difference Significantly lower 60° 24° 9° 12° 66° N=81861 N=878 N=644 N=235 N=193
44. 30 information segmentsbottom-up segmentation Diagnosis Health care Driving Confused Helpful Brand C Side effects Problem Seizures Job Having pain Control normal behaviour School Wishes for thefuture night Awareness & knowledge Husband Satisfaction Important Headache Scared Difficult Treatment Children Food & drinks Dosage Brand A Budget Brand B
45. 25% Natural & medical language about seizures Learn what consumers tell each other Find hidden patterns – blind spots Optimize online marketing strategy
52. Share brands in total amount of conversations Total sample = 1327 About brands = 327
53. BrandsSentiment & performance analysis % Emotionality % Positive % Negative Average rating review sites 73% 68% N = 101 28% 2,69 1,75 90% 81% N = 48 52% 79% 64% N = 39 1,1 41% 78% 78% N = 36 3 25%
54. BrandsIn-depth analysis B&J % Emotionality % Positive % Negative Average rating review sites 73% 68% N = 101 28% 2,69 Strengths Different&uniqueflavours Strong fanbaseonline: ‘the best’, ‘delicious’, B&J rules. However, fan base is less for the brand in general than for specificflavours. Weaknesses Too expensive for part of the consumers to consume it on a regular base Known for Quality of ice cream and perceived equal to Haägen Dasz Corporate social responsibility: press releases about attempts to reduce impact of produding ice cream on the environment are spread & discussed Vermont & cows
59. 55 Where does Text Analytics make a difference? Automational - Transformational Handling complexity Sentence parcing Dictionaries Co-occurence and linkage analyses
61. Lessons learned & limitations Social Media Nethnography is not a short cut Analyse and audit, then track Time investment for client and agency required through iterative process It is still developing Language & dictionaries Limited profile information Upfront feasibility check for critical mass We still need to ask questions Only the question follows the answers – a bit like Jeopardy Complementary to interview based research
62. It’s time to jump and to become… The Conversation Manager