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Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011 @LoveStats A presenta*on from the NewMR ‘Listening is the New Asking’ Text Analy*cs Event March 8 2011 The sponsor of the ‘Listening is the New Asking’ event is Zinc Research For more informa*on about NewMR events visit newmr.org The copyright for this material is jointly owned by The Future Place and the presenter. ‘Quick and Dirty or Slow and Careful: Social Media Data Speaks’ Annie PeRt, Phd Conversi*on Strategies, Canada
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Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  

A  presenta*on  from  the  NewMR  ‘Listening  is  the  New  Asking’  Text  Analy*cs  Event    -­‐  March  8  2011  

The  sponsor  of  the  ‘Listening  is  the  New  Asking’  event  is  Zinc  Research  For  more  informa*on  about  NewMR  events  visit  newmr.org  

 The  copyright  for  this  material  is  jointly  owned  by  The  Future  Place  and  the  presenter.  

‘Quick  and  Dirty  or  Slow  and  Careful:  Social  Media  Data  Speaks’    Annie  PeRt,  Phd  Conversi*on  Strategies,  Canada  

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  

Quick and Dirty or Slow and Careful:

Social Media Data Speaks

Annie Pettit, Phd Chief Research Officer

Conversition Strategies: Social Media Research by Researchers for Researchers

NewMR Virtual Festival Listening is the New Asking, Feb 2011

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  Social Media Research Myths

Easy: Anyone can do it with minimal resources or training

Fast: The internet is instant and Twitter is

more instant

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  

•  Target BUT NOT –  Above target –  Below target –  Easy target –  Likely target –  Main target –  Profit target –  Real target –  Stock target –  Target acquired –  Target demographics –  Target group –  Target market –  Target date

Keyword vs Brand Search Keyword Search •  Target •  Gap •  Apple

Brand Search

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  

Choose the Brand Search

47.8%  

40.3%  

28.2%  31.6%  

26.0%  28.4%  

7.0%   5.2%   5.8%  

14.4%  11.5%  

9.0%  

0%  

20%  

40%  

60%  

Target   Gap   Apple  

Box  Scores  for  Clean/Dirty  Dataset  

T2B  Clean   T2B  Dirty   B2B  Clean   B2B  Dirty  

It takes just minutes to set up a keyword search but much longer to set up a brand search. Are conversations 47% positive or 31% positive?

Correct  

Incorrect  

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  Brand Name vs Brand Slang

Brand Name •  McDonalds •  Walmart •  Jennifer Lopes •  Lindsay Lohan •  Walmart •  Starbucks •  Tim Hortons

Brand Slang •  McDonalds AND

–  McD and Golden Arches and Mickey D and MickeyDee

•  Walmart AND –  Wally World and Walfart and

Walbarf and Walmarx and Walqaeda and Waltard

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  

Choose the Name and the Slang

9%  

15%  

49%  

32%  

40%  

28%  32%  

9%  

17%  

7%  

0%  

10%  

20%  

30%  

40%  

50%  

American  Idol   AmericanIdol   AI10   #AI10   Idol  

Box  Scores  for  Subsets  of  Data  

Top  2  Box   Bo_om  2  Box  

If you don’t collect all components of the data, you will collect a skewed portion of the data. Are conversations 9% positive or 49% positive?

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  How Much Pie?

One Slice Please •  Twitter’s so quick and

easy, I’ll just grab my data from there.

•  I’m already a Facebook fan so I’ll read the data there.

Many Slices Please •  I’ll have slice of Twitter

and Facebook and Flickr and …

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  

Choose Every Pie

29%  

35%  

25%  

38%  

26%  

38%   36%  

25%  

9%  

15%   15%  12%  

8%  

19%  

0%  

10%  

20%  

30%  

40%  

50%  

Microblogs   Blogs   Video   Photo   Commen*ng   Q&A   News  

Box  Scores  for  Sources  of  Walmart  Data  

Top  2  Box   Bo_om  2  Box  

If you don’t collect data from everywhere, you will collect a skewed set of data. Are conversations 25% positive or 38% positive?

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  Blue, Blue, My World Is Blue

Character Phrases •  Blue •  Gray •  Orange

Contextual Phrases •  Blue but NOT

–  blue ray –  Blue Cross –  Blue Shield –  Jet Blue –  Blue collar –  Bluejay –  Blueprint –  Bluetooth –  Winter blues –  Blue Thumb –  Out of the blue

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  

Code ONLY Brown

33%  

51%  

43%   43%  

30%   28%  

21%  17%  

4%  

12%   10%  

22%  

28%  

21%  

-­‐20%  

0%  

20%  

40%  

60%  

Brown  (Any)   Jackson  Brown  

Mae            Brown  

Charlie  Brown  

Chris              Brown  

Joe                Brown  

Les                Brown  

Box  Scores  for  Various  Browns  

Top  2  Box   Bo_om  2  Box  

If you don’t code the data correctly, you might as well not code at all. Are conversations about the color brown 33% positive or 51% positive?

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  Choose One

Quick and Easy •  Incorrect dataset •  Incomplete dataset •  Incomplete sources •  Confounded variables •  4 known confounds

= low quality results

Slow and Difficult •  Correct dataset •  Complete dataset •  Complete sources •  Quality variables •  High quality results

Hint:  Choose  this  one  

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  

Thank you Annie Pettit Phd [email protected] Conversition Strategies Social Media Research By researchers, For researchers

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  Q & A

Annie  PeRt  Conversi*on  Strategies  

Ray  Poynter  The  Future  Place  

Annie Pettit, Conversition Strategies, Canada NewMR “Listening is the new asking” – Text Analytics and Market Research, March 8, 2011

@LoveStats  Annie Pettit, PhD

Read  my  blog    h_p://www.conversi*on.com/blog    h_p://lovestats.wordpress.com  

Follow  me  on  Twi_er    h_p://twi_er.com/conversi*on    h_p://twi_er.com/lovestats  

Friend  me  on  Facebook    h_p://facebook.com/anniepeRt  

Link  with  me  on  LinkedIn    h_p://ca.linkedin.com/in/anniepeRt  


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