Using machine learning to develop customer insights from user-generated contentShow others and affiliations
2024 (English)In: Journal of Retailing and Consumer Services, ISSN 0969-6989, E-ISSN 1873-1384, Vol. 81, article id 104034Article in journal (Refereed) Published
Abstract [en]
Uncovering customer insights (CI) is indispensable for contemporary marketing strategies. The widespread availability of user-generated content (UGC) presents a unique opportunity for firms to gain a nuanced understanding of their customers. However, the size and complexity of UGC datasets pose significant challenges for traditional market research methods, limiting their effectiveness in this context. To address this challenge, this study leverages natural language processing (NLP) and machine learning (ML) techniques to extract nuanced insights from UGC. By integrating sentiment analysis and topic modeling algorithms, we analyzed a dataset of approximately four million X posts (formerly tweets) encompassing 20 global brands across industries. The findings reveal primary brand-related emotions and identify the top 10 keywords indicative of brand-related sentiment. Using FedEx as a case study, we identify five prominent areas of customer concern: parcel tracking, small business services, the firm's comparative performance, package delivery dynamics, and customer service. Overall, this study offers a roadmap for academics to navigate the complex landscape of generating CI from UGC datasets. It thus raises pertinent practical implications, including boosting customer service, refining marketing strategies, and better understanding customer needs and preferences, thereby contributing to more effective, more responsive business strategies.
Place, publisher, year, edition, pages
Elsevier, 2024. Vol. 81, article id 104034
Keywords [en]
Artificial intelligence, Big data, Customer insights, Machine learning, Marketing, Natural language processing, NLP, Sentiment analysis, Topic modeling, UGC, User-generated content
National Category
Business Administration
Identifiers
URN: urn:nbn:se:umu:diva-228808DOI: 10.1016/j.jretconser.2024.104034ISI: 001297672300001Scopus ID: 2-s2.0-85201377662OAI: oai:DiVA.org:umu-228808DiVA, id: diva2:1892995
2024-08-282024-08-282025-04-24Bibliographically approved