Thank you for reading this. If you would like alerts about my future posts please enter your email address in the ‘Subscribe to Marketing Insights’ in the right-hand column.
Perhaps also connect with me on Twitter Linkedin Instagram Youtube or in our weekly chat in the SOSTAC® Plans Club in the Clubhouse App on Fridays at 1pm.
—
Perhaps this is why one of the world’s biggest comms group , WPP, recently signed a long term agreement with twitter. I did suggest on my facebook page that gaining access to valuable ‘customer insights’ was the real driver in this deal (28 Aug). The heaving mass of tweets (just like facebook posts) can be aggregated and fed into an algorithm to identify personality traits.
Old Segmentation v Psycholinguistics
Old segmentation based on demographics (age, sex, marital status, home, income) and behavioural analysis (what you read and/or what & how you buy) can now be enhanced (if not replaced) by psycholinguistics (analysis of anyone’s choice of words when using twitter).
Market researchers know that a buyer’s behaviour and decision-making process is heavily influenced by their intrinsic traits e.g. people who are happy or depressed use different words.
Based on psycholinguistics, data analytics can now derive people’s traits from their ‘linguistic footprints’. So extracting correlations between a person’s word choice (& activity patterns) can reveal these intrinsic traits. Something we couldn’t dream of just a few years ago.
Taking just 20 seconds to analyse 200 tweets (or 2,500 to 3,000 words) , IBM researchers claim to create a personality evaluation that is accurate to within 10%.
In the meantime, I’m just a bit concerned that IBM might categorise me as a ‘face-enabled, automated bill board ad junky’ (if you are wondering what tweeted Freudian insights dig deep down into my dark secrets then click the tweets on the blackboard to read into my personality or at least, into some of my interests.
Part 2/2 asks ‘why bother?’ and looks at the benefits of this kind of psycholinguistics analysis.
Anyone for some Trans-Cranial Direct Current Stimulation (head shocks to improve your learning) – do not try this at home!
https://www.facebook.com/PRSmithMarketing/posts/713952965331554