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2020-01-31

LATEST POST

ETHNOGRAPHIC INSIGHTS FROM OTT VIEWERSHIP: A MAVENMAGNET CASE STUDY POSTED ON 2021-08-31
TARGETED LISTENING FOR ACTIONABLE INSIGHTS POSTED ON 2021-07-31
INTEGRATE ALL DATA SOURCES FOR RICH INSIGHT POSTED ON 2021-06-30
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Extracting the Beauty from Chaos in Social Media

Social media as a whole looks like total chaos. Millions of tweets flying around every day, a billion or so Facebook posts every day and more than a trillion YouTube videos. If you think 200 emails in your inbox Monday morning is chaotic, try to comprehend this. It’s like every common person out there with a microphone allowed to speak what he or she wants to speak. In other words, chaos at its absolute best!

But just like chaos theory in mathematics, this social media chaos when deciphered using technology and looked upon by expert eyes has to do with there being great order in what looks like total randomness. And when you look closely enough at this randomness, patterns start to emerge which are nothing but absolutely beautiful.

Take for example a Presidential debate. People watch it on their televisions and use social media to express their opinions. This leads to immense volume, contradicting opinions and complete chaos. MavenMagnet uses thematic analysis to extract the core themes out of the noise. We find patterns in people’s opinions and their support towards a candidate. We use predictive modeling to figure out what the candidate should speak or what she should not by analyzing the trends and sentiments in the conversations happening on social media.

The same technology and techniques can be applied in social media to find anything from how to spend millions on an advertising campaign to learning how a deadly disease is spreading in a country, from inferring the impact of a brand integration in a television show to understanding how a civic revolt took an entire nation to streets.

The beauty of information extracted from the chaotic social media is unparalleled to any other way of doing market research. The reason being it gives an opportunity to everyone, big and small, introverts and extroverts, book-smarts and street-smarts to express their views and make their voices heard. The data is vast and the power is immense. The debate is continuous and the reach is unmatched. All you need is the right technology and the right techniques to make sense of it and strategize your next move.

LATEST POST

ETHNOGRAPHIC INSIGHTS FROM OTT VIEWERSHIP: A MAVENMAGNET CASE STUDY POSTED ON 2021-08-31
TARGETED LISTENING FOR ACTIONABLE INSIGHTS POSTED ON 2021-07-31
INTEGRATE ALL DATA SOURCES FOR RICH INSIGHT POSTED ON 2021-06-30