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
    cybersecurity efforts
    How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
    14 Min Read
    data driven risk management in heatlhcare
    How Data Analytics Is Changing Healthcare Risk Management
    17 Min Read
    big data and customer service outsourcing
    How Data Analytics Improves Customer Service Outsourcing
    18 Min Read
    How a Specialized Marketing VA Improves Campaign Analytics
    How a Specialized Marketing VA Improves Campaign Analytics
    11 Min Read
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    6 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

Hospitality Technology (Or Lack Thereof) – What is the Insight ROI?
BI M&A Continues with a Twist: QlikTech Acquires Expressor
Advances in Data Analytics Are Rapidly Transforming Nursing
BI Dashboard: Tips for Learning to Use the Tool
Big Data from Small Devices?

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

cybersecurity efforts
How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
Analytics Artificial Intelligence Exclusive Security
data driven risk management in heatlhcare
How Data Analytics Is Changing Healthcare Risk Management
Analytics Exclusive
big data for non-QR lending in real estate
How Real Estate Investors Can Use Big Data for Non-QM Lending
Big Data Exclusive
ai video ad generation
How to Build High-Performing Ad Creatives with an AI Short Ad Video Maker?
Artificial Intelligence

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

What’s The Difference between Data Scientists and Rocket Scientists?

4 Min Read

Mind Maps of #textanalytics

2 Min Read

Why Statistics is the next sexy profession

2 Min Read

Stat Models, Astronomical Mysteries…and Business Data

4 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 chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots
ai chatbot
How AI Website Chatbots Improve Customer Support and Lead Generation
Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-26 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?