When Does Customer Sentiment Matter?

Photo Courtesy: Flickr/katerha
Among the topics covered at this week’s Sentiment Analysis’ Symposium was an exploration of just how much the negative or positive expression of sentiment about a company or a product really matters – and in what context it does. (Another one, which The Semantic Web Blog covered yesterday here, looked at the expected transition from sentiment to emotions analytics.)
Augie Ray, director of social media at Prudential Financial, and formerly a social media leader at USAA and Forrester, recounted some of the bigger blow-ups online in recent years: The passenger whose guitar was broken by United Airlines and made a Youtube video that went viral; NBC’s 2012 London Olympics coverage that was criticized for dissing a tribute to the victims of terrorist bombings, among other things; and Bank of America’s being castigated for its announced plan to institute debit card fees.
“We live and die by the concept that negative sentiment matters,” he said.


MOOCs (massive open online courses) are gaining greater ground. Earlier this year
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By providing the ability to analyze unstructured text, extract relevant information, and transform it into structured information, “text analytics has become a key component of a highly competitive company’s analytics arsenal,” write report authors Fern Halper, partner and principal analyst; Marcia Kaufman, COO and principal analyst; and Daniel Kirsh, senior analyst. Often, the research firm notes, companies begin to experiment with text analytics to gain insight into the unstructured text that abounds in social media, and from that move on to other use cases. For instance, they’ll discover value in mining unstructured data and using it with structured data to improve predictive models.
Ken Yeung of TheNextWeb reports

Did you ever take a survey and wonder if anyone actually was paying attention to your input? Here’s a tip: If it’s more than 20 questions, ignore it, advises Sam Keninger, director of product marketing at customer experience vendor
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