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MARKET RESEARCH WITH
TWITTER
Understanding the ‘Coffee Consumers’
through Behavioral intelligence
Sankar Nagarajan
TEXTIENT Analytics
Surveying Public Opinion in
the market about Coffee can
be a Headache
• Traditional Market Research Takes time
• It’s expensive
• With the digital connect, Consumer
Perceptions keep changing which is
difficult to sample.
Twitter has active consumer
conversations about ‘Coffee’
at any time.
Tweets are ‘Tiny chunks’ of
Opinion
Photo credit: Brandon Koger flickR
Twitter provides a new way to
approach Market Research.
New form of Human data stream. Think of
market insights in an ongoing manner!
Behavioural Analytics on twitter data
can reveal interesting ‘Market’ Insights
TEXTIENT Provides Consumer Behavioural insights in an Economic manner
Affective
Influence
Consumer
Experience
Consumer
Desires
Consumer
Perceptions
Consumer
Persona
Consumer
Motivation
Predicting the Market Pulse of Coffee
Predictive Analytics
Sample Analysis
Dataset for Predictive
Analytics
‘Refined’ Tweets from the hashtag
#coffee
Dataset
Prediction Consumer’s (Affective) Experience
What’s the Customer feelings of Coffee?
Dominant Feeling: Joy power
Cues: Customers are happy,
satisfied and have an affectionate
feelings
Positive feelings resonate with
consumers and drives the brand
impact
Joy indicates consumer Cheer and
Happiness
Cheerfulness, Contentment, Affection
Prediction Consumer Experience Context - Topics
What are the customer saying? What’s on top of their mind?
Context of the Feelings behind Joy
power
Evaluation Consumer Feelings – Affective Influence
Affective Influence - Joy
power
Consumers are experiencing happiness, satisfaction and pleasure. This means there is a good opportunity to
capitalize on this and further turn the relationships to move towards the axis of Love (Service affiliation) or Pride
(product ownership).
Joy/ Approach also indicates that consumers would influence / refer your business to others. Which you can
leverage.
Pride
Joy (Pleasure/Approach)
Love (Affiliation)
Shame/Submission
power
love
Affective Influence
Prediction Consumer Desires of Coffee
• Quality & Reliability
(e.g. Aroma, Taste)
• Authenticity
• ‘Familiar’
Brand/Product
• Explores / Discovers new
experiences
• Seeks Convenience
(Product and service aspects)
• Have Fun with others.
Socially active
What are the top consumer desires / preferences ?
• Based on Positive feelings
Compare this prediction with this consumer article
dt. Jan 2015: http://goo.gl/XQRDKv
Prediction Consumer Desirability Map of Coffee
• Based on Positive feelings
Emotional loading of desirability
84%
80%
New and Upcoming Coffee
Brands/ Products/ Taste
Excitement, fun, Social values
Mature & Established Coffee
Brands/Products/ taste
There seems to be a good scope for new &
growing brands that offer excitement, fun and
social values to consumers while maintaining
authenticity and quality.
Prediction Consumer Perceptions of Coffee
• Based on Positive feelings
Refer Slide#6: Themes for correlation
71%
Feelings: Soft/ Gentle/SweetEmotional
Social
Energy: Strong/ Robust
90%44%
Latte ,Cappuccino,
Hazelnut, Frappuccino,
Iced Americano
80%
Familiar Environment:
Mornings/Breakfast, Feel
@home, @Starbucks?
e.g.: Starbucks brewed at home ... I have officially crossed over to the dark
side. #Starbucks #coffee
e.g.: #starbucks I #crave ur #frappuccino
#coffee so early in the morning, it must be love
💋❤,
1.Environment that Makes them Feel at Home.
2. ‘Feminine’ concoctions that evokes softer and gentle feelings .
Prediction Coffee Consumer Motivations
• Beliefs around traditional aspects (Brand,
Flavour, Taste). But Ready for new
experiences.
• Intrinsic interests in ‘unique and
distinctive' tastes, New and Fresh
• Believes in freedom of choice and uniqueness
• Seeks pleasant arousal and self gratification
(Enjoying Life)
• Cares for the self and well being
What are the top consumer Motivations?
• Based on Positive feelings
Motivations Underlie consumer
attitudes. They are the basis for
evaluations
Prediction Coffee Consumer Persona
Organised , Spontaneous
& Mannerly
Ambitious & Alert
Mild tempered, Relaxed,
Tireless
Logical, Disciplined
Traditional But
sophisticated
Fast paced and Friendly
What’s the Coffee consumer persona looking like?
Persona dimensions
suggests the profile of
‘Millennial’ consumers
Research time How long did it take for this Analytics?
• ONE DAY
• We are automating this analysis including Consumer
Demographics to provide insights in under an hour!
• Market pulse can be daily, weekly or
monthly depending on data flowing!
Applications
• Coffee business Product Strategy
• Marketing, Campaign planning
• Business development
• Consumer relationship management
Digital text data from
varied touch-points
Your Private digital
consumer text data
Behavioral Intelligence
* Affect, Psychology, Cognitive
TEXTIENT
Platform
Analysis
Data Science
Cloud
computing
Analytics
/Report
TEXTIENT Predictive Behavioural Analytics
Instagram
OR
Monitoring
& Analytics
Feeds Historical
THANK YOU!
@_textient
www.textient.com
Flickr photo credits
@rsseattle
Matthew Hamm
ITU Pictures

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Understanding the ‘Coffee consumers’ through Behavioral Intelligence

  • 1. MARKET RESEARCH WITH TWITTER Understanding the ‘Coffee Consumers’ through Behavioral intelligence Sankar Nagarajan TEXTIENT Analytics
  • 2. Surveying Public Opinion in the market about Coffee can be a Headache • Traditional Market Research Takes time • It’s expensive • With the digital connect, Consumer Perceptions keep changing which is difficult to sample. Twitter has active consumer conversations about ‘Coffee’ at any time. Tweets are ‘Tiny chunks’ of Opinion Photo credit: Brandon Koger flickR
  • 3. Twitter provides a new way to approach Market Research. New form of Human data stream. Think of market insights in an ongoing manner!
  • 4. Behavioural Analytics on twitter data can reveal interesting ‘Market’ Insights TEXTIENT Provides Consumer Behavioural insights in an Economic manner Affective Influence Consumer Experience Consumer Desires Consumer Perceptions Consumer Persona Consumer Motivation
  • 5. Predicting the Market Pulse of Coffee Predictive Analytics Sample Analysis
  • 6. Dataset for Predictive Analytics ‘Refined’ Tweets from the hashtag #coffee Dataset
  • 7. Prediction Consumer’s (Affective) Experience What’s the Customer feelings of Coffee? Dominant Feeling: Joy power Cues: Customers are happy, satisfied and have an affectionate feelings Positive feelings resonate with consumers and drives the brand impact Joy indicates consumer Cheer and Happiness Cheerfulness, Contentment, Affection
  • 8. Prediction Consumer Experience Context - Topics What are the customer saying? What’s on top of their mind? Context of the Feelings behind Joy power
  • 9. Evaluation Consumer Feelings – Affective Influence Affective Influence - Joy power Consumers are experiencing happiness, satisfaction and pleasure. This means there is a good opportunity to capitalize on this and further turn the relationships to move towards the axis of Love (Service affiliation) or Pride (product ownership). Joy/ Approach also indicates that consumers would influence / refer your business to others. Which you can leverage. Pride Joy (Pleasure/Approach) Love (Affiliation) Shame/Submission power love Affective Influence
  • 10. Prediction Consumer Desires of Coffee • Quality & Reliability (e.g. Aroma, Taste) • Authenticity • ‘Familiar’ Brand/Product • Explores / Discovers new experiences • Seeks Convenience (Product and service aspects) • Have Fun with others. Socially active What are the top consumer desires / preferences ? • Based on Positive feelings Compare this prediction with this consumer article dt. Jan 2015: http://goo.gl/XQRDKv
  • 11. Prediction Consumer Desirability Map of Coffee • Based on Positive feelings Emotional loading of desirability 84% 80% New and Upcoming Coffee Brands/ Products/ Taste Excitement, fun, Social values Mature & Established Coffee Brands/Products/ taste There seems to be a good scope for new & growing brands that offer excitement, fun and social values to consumers while maintaining authenticity and quality.
  • 12. Prediction Consumer Perceptions of Coffee • Based on Positive feelings Refer Slide#6: Themes for correlation 71% Feelings: Soft/ Gentle/SweetEmotional Social Energy: Strong/ Robust 90%44% Latte ,Cappuccino, Hazelnut, Frappuccino, Iced Americano 80% Familiar Environment: Mornings/Breakfast, Feel @home, @Starbucks? e.g.: Starbucks brewed at home ... I have officially crossed over to the dark side. #Starbucks #coffee e.g.: #starbucks I #crave ur #frappuccino #coffee so early in the morning, it must be love 💋❤, 1.Environment that Makes them Feel at Home. 2. ‘Feminine’ concoctions that evokes softer and gentle feelings .
  • 13. Prediction Coffee Consumer Motivations • Beliefs around traditional aspects (Brand, Flavour, Taste). But Ready for new experiences. • Intrinsic interests in ‘unique and distinctive' tastes, New and Fresh • Believes in freedom of choice and uniqueness • Seeks pleasant arousal and self gratification (Enjoying Life) • Cares for the self and well being What are the top consumer Motivations? • Based on Positive feelings Motivations Underlie consumer attitudes. They are the basis for evaluations
  • 14. Prediction Coffee Consumer Persona Organised , Spontaneous & Mannerly Ambitious & Alert Mild tempered, Relaxed, Tireless Logical, Disciplined Traditional But sophisticated Fast paced and Friendly What’s the Coffee consumer persona looking like? Persona dimensions suggests the profile of ‘Millennial’ consumers
  • 15. Research time How long did it take for this Analytics? • ONE DAY • We are automating this analysis including Consumer Demographics to provide insights in under an hour! • Market pulse can be daily, weekly or monthly depending on data flowing!
  • 16. Applications • Coffee business Product Strategy • Marketing, Campaign planning • Business development • Consumer relationship management
  • 17. Digital text data from varied touch-points Your Private digital consumer text data Behavioral Intelligence * Affect, Psychology, Cognitive TEXTIENT Platform Analysis Data Science Cloud computing Analytics /Report TEXTIENT Predictive Behavioural Analytics Instagram OR Monitoring & Analytics Feeds Historical