Utilising social media analytics to drive more targeted marketing
Marketing: Social Media Analytics
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Transcript of Marketing: Social Media Analytics
SOCIAL MEDIA ANALYTICS
Izmir Vodinaj
MKRM 310
Fall 2015
SUMMARY• Expand the off-season sales (beyond Thanksgiving) for
Canned Pumpkin from Libby’sMarketing Objective
• Mine twitter data to provide input for the marketing objective
Analytical Objective
• Word Pairing and Graphing: countifs, iferror, iserror, count, and search Tools Used
• “love”, “ pumpkin”, “Libbys”, ”nutritious/egg/substitute”
Main Words Searched
Love-Pumpkin VS Love-Libbys
Love Pumpkin Total Love-Libbys
1.44% 0.79%
284 156
0
50
100
150
200
250
300
Total Love Pumpkin Total Love-Libbys
Comparison between word pairings
Word Pairing: Love-Pumpkin and Love-Libbys
Findings indicate that it is more common for people to tweet about how much they love pumpkin than howmuch they love Libbys. However, these combinationsare both relatively small in overview of all of the other Tweets available.
QUESTION 1
How often is the combination nutritious-egg-substitute found?
11%
89%
Nutritious-Egg-Substitute in Comparison to overall Tweets
NoYes
Word Pairing Total New Tweets Retweets
(Ntr-egg-sub) tweets 2221 2192 29
Percentages 11.26% 98.7% 1.3%
Total Tweets 19726 2221 2221
QUESTION 2
29
2192
0
500
1000
1500
2000
2500
Total
Tweets vs. Retweets
Retweet
Tweet
The findings indicate that the word pairing “nutrition-egg-substitute” occupies over 11% of the total tweets. Out of those 11%, over 98% of them arenew tweets. The results favor the idea that pumpkincans are a good nutritious egg substitute but there is not enough excitement for people to share the tweets.
Libby’s Brand
Categories Negative Neutral Positive
Crimson Hexagon 4246 10541 4677
Percentages 21.81% 54.16% 24.03%Total Tweets 19464 19464 19464
QUESTION 3
Basic Negative, 21.81%
Basic Neutral, 54.16%
Basic Positive, 24.03%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
Total
Axi
s Ti
tle
Crimson Hexagon
Looking at the data we find that tweets that are classified as negative and positive are respectively 21.81% and 24.03%. These numbers are not very favorable since the negative tweets are almost equal to the positive ones. This means that Libby’s is has not a strong nutritious branding image. Furthermore, out of all of the positive tweets we are only able to find 2 tweets that have libbys and nutritious.
Libby’s Brand
Categories Negative Positive
Pure & Libbys 236
Want & Libbys 39
Like & Libbys 41Great & Libbys 537
Bad & Libbys 8Hate & Libbys 12
QUESTION 4
Looking at the data we see that the positive associated tweets include terms like pure, want, and great. On the other side, although in limited numbers we see words like hate and bad. Reading through the tweets though, one is able to see that the majority of tweets, especially on the negative ones, that Libby is a person’s name rather than a pumpkin brand. This data is dangerous to be used unless all of the tweets are read or a high error coefficient is taken into account.
236
537
39
41
0 200 400 600
Pure
Great
Want
Like
Positive Tweets
8
12
0 5 10 15
Bad
Hate
Negative Tweets
Categories Positive
Delicious 39
Baking 5
Bonus
This time the comparison was done between delicious and libbys and baking and libbys. I found that delicious has been mentioned 39 times and baking only 5 times. Still even delicious is not mentioned too many times but since it was not found at all in the negative side, one can say that libby’s products can be identified as delicious.
Libby’s Brand: Delicious, Baking & Libbys
39
5
0 10 20 30 40 50
Delicious
Baking
Positive Tweets