Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: CI & CNBC Using Social Media Analytics to Predict Business Outcomes
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Social Data > CI & CNBC Using Social Media Analytics to Predict Business Outcomes
AnalyticsBusiness IntelligenceSocial Data

CI & CNBC Using Social Media Analytics to Predict Business Outcomes

Jennifer Roberts
Jennifer Roberts
2 Min Read
SHARE

Analysts were expecting big gains from Kohl’s over the holiday weekend; it’s just they didn’t mention that to their customers. But CI and CNBC were listening and we were not surprised by the outcome. 

We had analyzed social media conversations related to Kohl’s along with 19 other retailers over the the Black Friday and Cyber Monday holiday. Based on our analysis, we were able to categorize conversation into three segments:

Analysts were expecting big gains from Kohl’s over the holiday weekend; it’s just they didn’t mention that to their customers. But CI and CNBC were listening and we were not surprised by the outcome. 

More Read

Running through a data analyst’s mind late at night
Report from Affecto Corporate IQ Oslo
Use this Strategic Approach to Maximize Your Data’s Value
First Look: Convergys
Why Predicting the Future is So Darn Difficult

We had analyzed social media conversations related to Kohl’s along with 19 other retailers over the the Black Friday and Cyber Monday holiday. Based on our analysis, we were able to categorize conversation into three segments:

Click image to enlarge

  • “Black Friday Buzz” — the top stores people are talking about related to Black Friday sales and coupons
  • “Shopping Right Now” — tracks conversations around top stores people are actually in or shopping online
  • “Likely to Buy” — the top stores people are likely to buy something in

and then rank each of the retailers.

Kohl’s was ranked was 14th out of 20th in the “Likely to Buy” category and Gap continued to struggle with each of their major brands at the bottom of the heap in the same category.  So, while the street was expecting a 2% increase for Kohl’s, our real-time analysis provided a more accurate and predictive sales outcome.

Check out the complete video to see how other retailers fared over the weekend and how their social media activity correlated to their sales numbers.

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

cloud dataops for metering
Taming the IoT Firehose: How Utilities Are Scaling Cloud DataOps for Smart Metering
Cloud Computing Exclusive Internet of Things IT
ai in video game development
Machine Learning Is Changing iGaming Software Development
Exclusive Machine Learning News
media monitoring
Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
Analytics Exclusive Infographic
data=driven approach
Turning Dead Zones Into Data-Driven Opportunities In Retail Spaces
Big Data Exclusive Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

data analytics insurance
AnalyticsBig DataExclusiveWeb Analytics

How Data Analytics Is Changing The Insurance Industry

5 Min Read
Image
Business Intelligence

Life as a WebFOCUS Specialist

6 Min Read

Scary Big Data, Cool 3D Analytics and More

6 Min Read

Voice of the (Vocal Few) Customer(s)

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?