Hey wiki comics is advertising some pharmacy links you can find below. Sorry for any inconvenience. Hope you can understand... Links are below: Tadalafil Citrate | generic cialis 10 mg | tadalafil citrate 10mg | tadalafil citrate 5mg | generic cialis 40 mg |

Business - Written by on Tuesday, May 25, 2010 10:21 - 4 Comments

Haydn Shaughnessy
Marketing and the Meaning of the Web Collaboration Space

One thing people do on the web is create a huge and only slightly disorganized knowledge collaboration space. On a daily basis, just in the English language alone, they create about a half million blog posts telling us all about themselves, their beliefs, attitudes and opinions. What’s not to love about that! So how to make sense of it?

Most marketers try to understand this collaboration space through sentiment analysis. This gives you a snapshot – are people positive or negative about my brand, product or company. I recently wrote this about sentiment analysis on my own blog:

“The problem of sentiment analysis has generally been something like this – people create double negatives such as not unkind, to mean a positive. And then there is the general sense that people are ambiguous in how they express what they mean.

My problem with sentiment analysis is neither of these. It’s the fact that companies need to connect with people in different ways rather than through a scaled up focus group or opinion survey; and that people are extremely granular in their sentiments. Companies need to know people’s ideas and beliefs at the granular level not at a polarized level.”

Clearly I erred here because sentiment analysis does not yield as much information as a focus group or opinion survey – in both those cases there is granularity, though in  my view the results are too easily manipulated or geared by the interviewer.

For example – and anyone in marketing can answer this: how often are brand recognition surveys consciously or unconsciously biased because the company paying for that work needs to show improvement?

What the web offers is a way to get at volunteered opinion and attitudes.

To that end I and a couple of colleagues have spent the past year developing the global attitudes project, which I hope to share with members of the nGenera/Wikinomics community over the coming weeks.

To do good web analysis means we really have to accept the validity of what people are saying, and accept the web as a bona fide collaboration space where people collectively give meaning to life in the 21st century -  an unparalleled exercise in meaning creation.

In the past meaning creation has been the job of intermediaries – philosophers, trades unions, politicians, writers, teachers, academics, and of course market researchers. But now we’re doing that for ourselves.

Look at it this way – how many studies do you know where researchers have interpolated meaning for us? Most trend studies and projections do this – telling us we are becoming more individualistic or more short term in our actions, or more multitasking, etc. Actually on the web people are telling us what they are and what they believe.

I think the narrative accompanying this new description of what people are about is something like: we still believe in human progress; we don’t necessarily believe society as it is now organized is a vehicle for that progress; we believe in individual betterment but we also believe we are part of an organic “world ecology” with life cycles that rise and fall. We might be in the fall phase so we need to work harder at renewing our human ecology.

I can’t present all the evidence for that in a short blog post but what I want to do is give a small evidence base for one term and one term only.

Before I do that – why is it important? The answer is the Web provides us with deep insights into how people are thinking. You have to care about that if you are in business. You can short circuit that understanding by using sentiment analysis – but be aware it is a short cut and lacks essential insights.

So: Throughout the recession people online have been making increasing use of the term betterment. We know that through a variety of data collections we’ve executed.

We analyzed the use of that term semantically, i.e. asking what meaning are people attaching to it. Here’s a graph:

bettermentThe graph actually shows you the terms people attach to the term “life” when you use an evidence base made up of blog posts referring to the term betterment. Why does it show “life” at the core?

Because that is the term most used in a selection of blog posts that top the Google blog search returns for the term betterment (as of Mid May 2010).

Sorry if that is confusing. This is an early result and we may yet refine the technique, data, analysis and visualization. I wanted to share it as an example of what can be learned from the web when you go beyond sentiment and polarity.

What it means is that when they discuss betterment, many people in this sample use the term “life” at least once. They use “life” more than they use any other term (there is a refinement to rule out the possibility that people always shoot the breeze about “life” and that rather than betterment is a driver).

And when you look at the semantic family of terms around “life” you see the graph above. It’s mainly constructed of terms that evoke relationships.

What is not on here because the terms are not present enough are terms like God, i.e. people attribute more to the core human temporal aspects of life than they do to religion.

We began this whole area of study with a review of about 20,000 comments on “recession and recovery”. In that study we discovered that people in blog comments tended to interpret recovery and recession in terms that evoked the human side – i.e. by referring to people. In parallel we collected data on how the financial press reported recovery and recession and found, by and large, they focused on institutions.

I make that extra point because the two examples taken together probably tell us we need to retune how we speak about marketing, the web, social media and analytics. Once we look at the world from the vantage point of this constantly emerging philosophy we have to put people and realtionships first.  Marketers need to engage with this non-polarized way people express themselves. More at a later date!



4 Comments

You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Storytelling Business Social Media Marketing PR & Technology Curated Stories May 25, 2010
May 25, 2010 18:45

[...] Marketing and the Meaning of the Web Collaboration Space Published: May 25, 2010 Source: Wikinomics One thing people do on the web is create a huge and only slightly disorganized knowledge collaboration space. On a daily basis, just in the English language alone, they create about a half million blog posts te… [...]

AdrianaSassoon
May 26, 2010 15:38

Is is to broad of a vision. After all the world may seem to run in a stratght line thank’s to a visionary to lead the right way . The world is Endeed round. So as peoples ideas and perceptions.
It would be so boring to see the world from a square mind or from a funel.
I like to see everything 5D.

Naumi Haque
May 27, 2010 13:07

Haydn, great point about some of the shortcomings of sentiment analysis. Related to what you’re saying, I read a great post recently talked about how social media monitoring can be as effective as focus groups if you listen for the right things (i.e. go beyond Positive and negative and focus on the context – see: http://www.insightbuzz.com/2010/01/27/social-media-listening-what-to-listen-for-in-social-media/).

haydn
May 27, 2010 13:15

Hi Naumi – Thanks for the tip. Experts in this area have sometimes got bogged down in the question: how effectively can you do sentiment analysis, rather than addressing: How useful is sentiment analysis?

I also think that what we see here is a solution that is good for the agency but not necessarily useful for the client, i.e. it lets the agency say – look, see, we upped your positive sentiment, whereas in a non-traditional marketing environment you want to know: which of my customer’s concerns should I engage with.

Now available in paperback!
Don Tapscott and Anthony D. William's latest collaboration, Macrowikinomics: New Solutions for a Connected Planet. Learn more.

Business - Oct 5, 2010 12:00 - 0 Comments

DRM and us

More In Business


Entertainment - Aug 3, 2010 13:14 - 2 Comments

Want to see the future? Look to the games

More In Entertainment


Society - Aug 6, 2010 8:19 - 4 Comments

The Empire strikes a light

More In Society