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
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 Min Read
    data mining to find the right poly bag makers
    Using Data Analytics to Choose the Best Poly Mailer Bags
    12 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 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

5 Benefits of Managed Cloud Computing
The Top AI-Based Web Design Trends For 2022
RAIC — pronounce it “rake”, please
What’s Hadoop? Here’s a Simple Explanation for Everyone
A Different Strategy for Solvable Problems in Big Data Predictive Analytics

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

mobile device farm
How Mobile Device Farms Strengthen Big Data Workflows
Big Data Exclusive
composable analytics
How Composable Analytics Unlocks Modular Agility for Data Teams
Analytics Big Data Exclusive
fintech startups
Why Fintech Start-Ups Struggle To Secure The Funding They Need
Infographic News
edge networks in manufacturing
Edge Infrastructure Strategies for Data-Driven Manufacturers
Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

The State of Complex Data in January 2016 [INFOGRAPHIC]

2 Min Read
Image
Analytics

Governments Must Leverage Data for Smart Growth

5 Min Read

Benchmarks Can Reveal the Finance Department’s Achilles Heel

2 Min Read
AI iteams
Artificial Intelligence

Is AI Complicating Our Ability to Purchase Rare Items?

10 Min Read

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

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

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

Sign in to your account

Username or Email Address
Password

Lost your password?