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Presents to Robin Leonard CEO, AllFamous Digital robin_allfamous robinleonard1 SENTIMENT ANALYSIS Click here to see the agenda and conference details

#ThinkPH Social Media Sentiment Analysis

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My presentation at #ThinkPH 'The Internet, Big Data and You' Conference, on August 23, 2013 at New World Hotel, Makati. Click here to see the #ThinkPH conference details and agenda: http://www.rappler.com/bulletin-board/36539-agenda-rappler-google-thinkph-internet-big-data-conference Event hosted by Rappler, Google and SocialGood. My slides cover: 1. Why analyze sentiment? 2. How does sentiment analysis work? 3. Practical applications 4. Sentiment of #ThinkPH Conference

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Page 1: #ThinkPH Social Media Sentiment Analysis

Presents to

Robin Leonard CEO, AllFamous Digital

robin_allfamous

robinleonard1

SENTIMENT ANALYSIS

Click here to see the agenda and conference details

Page 2: #ThinkPH Social Media Sentiment Analysis

Agenda

1.  Why Analyze Sentiment? 2.  Sentiment Analysis 101 3.  Practical Applications 4.  Sentiment of #ThinkPH

Page 3: #ThinkPH Social Media Sentiment Analysis

Agenda

1.  Why Analyze Sentiment? 2.  Sentiment Analysis 101 3.  Practical Applications 4.  Sentiment of #ThinkPH

Page 4: #ThinkPH Social Media Sentiment Analysis

Why Analyze Sentiment?

Page 5: #ThinkPH Social Media Sentiment Analysis

Emotions are core to purchase decisions

vs.

http://www.today.mccombs.utexas.edu/2010/04/do-you-make-buying-decisions-based-on-logic-or-emotion-a-tale-of-two-chickens

Page 6: #ThinkPH Social Media Sentiment Analysis

Social Media creates lots of data

Just waiting to become useful information

Page 7: #ThinkPH Social Media Sentiment Analysis

Consumers are FINALLY empowered

Page 8: #ThinkPH Social Media Sentiment Analysis

The Anatomy of a Crisis – The Incident

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The Anatomy of a Crisis – The Impact

Page 10: #ThinkPH Social Media Sentiment Analysis

The Anatomy of a Crisis – The Response

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The Anatomy of a Crisis – The Result

Page 12: #ThinkPH Social Media Sentiment Analysis

http://adage.com/article/digital/mckinsey-finds-social-buzz-affect-sales-negatively/242039/

Yes, Sentiment Impacts Sales

Page 13: #ThinkPH Social Media Sentiment Analysis

Agenda

1.  Why Analyze Sentiment? 2.  Sentiment Analysis 101 3.  Practical Applications 4.  Sentiment of #ThinkPH

Page 14: #ThinkPH Social Media Sentiment Analysis

What is Sentiment?

Page 15: #ThinkPH Social Media Sentiment Analysis

What is Sentiment?

emotions opinions intent

Subjective impressions, not facts

Page 16: #ThinkPH Social Media Sentiment Analysis

Example 1: Happy Mention

subject emotion brand

product

service

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Example 2: Unhappy Mention

fact

fact

product

opinion

emotion

Page 18: #ThinkPH Social Media Sentiment Analysis

Example 3: Sarcastic Mention

product

brand brand

opinion service

emotion

Page 19: #ThinkPH Social Media Sentiment Analysis

Example 4: Mixed Mention

product

emotion service brand opinion

Page 20: #ThinkPH Social Media Sentiment Analysis

Example 5: Language Confusion

product

emotion service

brand opinion

fact

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Example 6: Intent to Buy

product

emotion service

fact brand subject

intent

brand brand

question

Page 22: #ThinkPH Social Media Sentiment Analysis

The elusive hunt for binary

•  For vs. Against •  Like vs. Dislike •  Good vs. Bad

•  Ecstatic vs. Happy •  Excited vs. Amused •  ROFL vs. LOL

•  Depressed vs. Unhappy •  Sad vs. Destitute •  Frustrated vs. Angry

Page 23: #ThinkPH Social Media Sentiment Analysis

Challenges of Automated Sentiment Analysis

§  People express opinions in complex ways

§  Cultural ideosyncracies (e.g. differences in sarcasm, irony etc)

§  The wider you throw your net and the more complex the language, the less accurate the system will be.

Page 24: #ThinkPH Social Media Sentiment Analysis

Agenda

1.  Why Analyze Sentiment? 2.  Sentiment Analysis 101 3.  Practical Applications 4.  Sentiment of #ThinkPH

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Use Case 1: Social Focus Group

“Coffee in a can”

“Iced Coffee”

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Use Case 2: Sales & Service

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Use Case 3: Opinion Mining

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Use Case 4: Reputation Management

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Use Case 5: Consumer Insights

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Use Case 6: Competitive Intelligence

Get real-time insights on your competitors

- Sun Tzu

“Know your enemy and know yourself and you can fight a

hundred battles without disaster”

Page 31: #ThinkPH Social Media Sentiment Analysis

What is the Sentiment of #ThinkPH? There were 4,627 mentions of #ThinkPH on 23 August 2013

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What did people say about the #ThinkPH? (on a side note)

Mentions of #thinkPH Mentions of Robin Leonard + #thinkPH

Page 33: #ThinkPH Social Media Sentiment Analysis

Thank You!!

www.allfamous.com

Robin Leonard CEO, AllFamous Digital

robin_allfamous

robinleonard1

Page 34: #ThinkPH Social Media Sentiment Analysis

References

§  http://www.lct-master.org/files/MullenSentimentCourseSlides.pdf §  http://www.slideshare.net/mcjenkins/how-sentiment-analysis-

works#btnNext

§  http://en.wikipedia.org/wiki/Sentiment_analysis §  http://mashable.com/2010/04/19/sentiment-analysis/

§  http://www.today.mccombs.utexas.edu/2010/04/do-you-make-buying-decisions-based-on-logic-or-emotion-a-tale-of-two-chickens

§  http://adage.com/article/digital/mckinsey-finds-social-buzz-affect-sales-negatively/242039/