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SOCIAL MEDIA ANALYTICS

PRESENTED BY,
B9
INTRODUCTION
• Social Media Analytics is the practice of gathering data from blogs
and social media websites and analyzing that data to make
business decision.
• The most common use of Social Media Analytics is to mine
customer sentiment in order to to support marketing and
customer service activities.
• Social Media Analytics describes the activities of monitoring and
recording, analysing and interpreting the results of interaction and
association among people, topics and ideas
CONSUMERS OF SOCIAL MEDIA ANALYTICS

• Corporates are major consumers of Social Media Analytics


solution. They are interested to know what people thinks about
their product or services.
• There are instances that academics attempted to use the same
technology to predict election results, impact of social
movements etc.
• Economists are now exploring the same techniques of Social
Media Analytics to predict Stock Market Results.
USER GENERATED CONTENT (USG)

• User Generated Content is defined as the form of content such as blogs, wikis,
discussion forums, posts, charts, tweets, podcasts, digital images, video, audio
files, advertisements and other forms of media that was created by users of
an online system or service, often made available via social media websites.
• UCG in the form of product review, blogs or messages on social media
platforms, makes up an increasing share of overall Internet Content.
• It comes as blogs like travel diaries or reports, messages on social networks
like facebook, instagram, twitter, etc, product reviews on platforms like
TripAdvisor or Booking.com
REASON FOR ADDING A UCG ELEMENT

• Better Understanding of Target Audience


• More Site Engagement
• Stronger Community
• Increased Time on Sites
• SEO Benefits
• Increased Social SEO Indicators
• Trustworthy Content
SENTIMENT ANALYSIS

• Sentiment analysis is the process of computationally identifying and


categorising opinions expressed in a piece of text, especially in order to
determine whether the writer’s attitude towards a particular topic, product,
etc. is positive, negative, or neutral.

• Sentiment analysis refers to the use of natural language processing, text


analysis, computational linguistics, and biometrics to systematically identify,
extract, quantify, and study affective states and subjective information.
CHARACTERISTICS OF SENTIMENT ANALYSIS
1. Sentiment Categorisation ( Objective versus Subjective Sentences )
2. Levels of Analysis
• Message Level
• Sentence Level
• Entity and Aspect Level
3. Regular versus Comparative Opinion
• Regular Opinion
 Direct Opinion
 Indirect Opinion

• Comparative Opinion
4. Explicit versus Implicit Opinion
• Explicit Opinion
• Implicit Opinion
5. Role of Semantics
6. Dealing with Figures of Speech
7. Relationships in Social Networks
IMPORTANCE OF SENTIMENT ANALYSIS IN SOCIAL
MEDIA ANALYTICS
Social media sentiments analysis can be an excellent source of information and can provide insight that
can:
 Determine marketing strategy
 Improve campaign success
 Improve product messaging
 Improve customer service
 Test business KPI’s
 Generate leads
TYPES OF SENTIMENT ANALYSIS
1. NLP
 Natural language processing is a field of computer science, artificial
intelligence, and linguistics concerned with the interactions between
computers and human(natural) languages.
 SentiWordNet provides a sentiment polarity values for every term occurring
in the document.
 Each term t occurring a SentiWordNet is associated to 3 numerical scores
obj(t),pos(t), and neg (t).
2. MANUAL PROCESSING:
Human interpretation of sentiment is definitely the most mature
and accurate judge of sentiment. However, it still is not 100%
accurate.

3.KEYWORD PROCESSING:
Keyword processing algorithms assign a degree of positivity or
negativity to an individual word, then it gives and overall
percentage score to the post.
METHODS OF SENTIMENT ANALYSIS

• DOCUMENT-LEVEL SENTIMENT ANALYSIS: This technique assumed that every


document contains an opinion or opinion related words.

• SENTENCE-LEVEL SENTIMENT ANALYSIS: This technique is based on


specialization of documents which contains various sentences and every
sentence contains an opinion behind it.

• COMPARITIVE SENTIMENT ANALYSIS: In this technique identification of


sentences which contain comparative opinions are filter out and opinions are
extracted by considering sequential patterns as features.
• DOCUMENT-LEVEL SENTIMENT ANALYSIS: This technique assumed that every document
contains an opinion or opinion related words.

• SENTENCE-LEVEL SENTIMENT ANALYSIS: This technique is based on specialization of


documents which contains various sentences and every sentence contains an opinion behind
it.

• COMPARITIVE SENTIMENT ANALYSIS: In this technique identification of sentences which


contain comparative opinions are filter out and opinions are extracted by considering
sequential patterns as features.
WEB ANALYTICS S0CIAL MEDIA
ANALYTICS

•Based or corporate-generated •Based on user-generated


media, mainly investigating media mainly investigating
paid-for and owned media. earned media.
•Analysis will reveal patterns •Hypothesis are valuable,
and trends without search terms to be monitored
hypothesis. must be carefully created.
PURPOSE
•Output is limited to visitors •Output is large, the size of
and audiences to channels of the internet user population,
the organisation. channels can be chosen.
•Audience is made up of •Audience is made up of
POPULATION website visitors. Does not opinion leaders, influencers
include competitors. and detractors, includes
•Segmentation relatively easy. competitors.
•Segmentation less easy.
WEB SOCIAL MEDIA
ANALYTICS ANALYTICS
•Can only take place if the •Can take place without a
company has a website. corporate website.
•The use of web counters, •Listening platforms
log file analysis and operate in a similar way to
JavaScript tags, packet- search engines and search
sniffing solutions have been directories.
used. •Data capture often
•Data capture and analysis automated but needs
PROCEDURE is automated. Results human intervene on the
generally delivered directly analysis. Results reach
to clients. clients via third parties.
•Analysis by statistics •Analysis by text analytics
(numbers). (words).
•Limited number of •Numerous vendors.
vendors.
WEB SOCIAL MEDIA
ANALYTICS ANALYTICS

•Organisation has full •Internet users have most


control over control over
communications visible to communications viable to
the public. the public.

•Web users are blind to •If the web users view


PUBLICATION web analytic results. conversations, opinions
may change.
•The organisation is less
likely to interact with the •The organisation goes
website visitor. beyond research and will
interact individually or
collectively.
THE END

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