Decoding Customer Opinion for Products or Brands Using Social Media Analytics

Author:

Yadav Madan Lal1,Dugar Anurag2,Baishya Kuldeep3

Affiliation:

1. Indian Institute of Management, Bodh Gaya, India

2. Goa Institute of Management, India

3. Indian Institute of Management, Rohtak, India

Abstract

This study uses aspect level sentiment analysis using lexicon-based approach to analyse online reviews of an Indian brand called Patanjali, which sells many FMCG products under its name. These reviews have been collected from the microblogging site twitter from where a total of 4961 tweets about ten Patanjali branded products have been extracted and analysed. Along with the aspect level sentiment analysis, an opinion tagged corpora has also been developed. Machine learning approaches - Support Vector Machine (SVM), Decision Tree, and Naïve Bayes have also been used to perform the sentiment analysis and to figure out the appropriate classifiers suitable for such product reviews analysis. Authors first identify customer preferences and / or opinions about a product or brand by analyisng online customer reviews as they express them on social media platform, twitter by using aspect level sentiment analysis. Authors also address the limitations of scarcity of opinion tagged data, required to train supervised classifiers to perform sentiment analysis by developing tagged corpora.

Publisher

IGI Global

Subject

Decision Sciences (miscellaneous),Information Systems

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