Using online social networks to measure consumers’ brand perception

Abstract

The ability to measure and monitor specific dimensions of brand image has a range of useful applications in marketing, from developing competitive strategy to identifying strength and weaknesses to evaluating the effectiveness of marketing initiatives. Nevertheless, obtaining reliable measurements is an ongoing challenge for marketers. Traditional methods such as administering surveys can be expensive and biased, and are limited in scale, both in terms of the number of brands and dimensions that can be tracked, and the frequency with which the measurements can be updated. The explosion of social media in recent years has created an enormous secondary data trail that is available for analysis. However, the most common analytics approaches, such as those that rely on user-generated text, are difficult to apply due to the scarcity of relevant conversations, as well as the ambiguity, variety, and often rapid changes in linguistic terms used by consumers. This paper describes a recent advance in marketing science that makes use of brand social network connections to make highly scalable inferences about brand image. This promising new approach provides many potential advantages, including the ability to fully automate monitoring for a large number of brands over a wide range of dimensions.