the power of public opinion: pitfalls and...
TRANSCRIPT
NPO COLLABORATION DIALOGUR MAY 2017
The Power of Public Opinion: Pitfalls and Potential
Ubiquitous social media platforms are creating a world characterised by radical transparency. Corporations can no longer conceal their actions or secrets. Technological advances, including the emergence of the Internet of things, are generating huge amounts of data; more importantly, sophisticated analytics is converting that data into deep insight into the behaviour of humans and their organisations. http://www.adamsadams.com/wp-content/uploads/2016/11/King-IV-Report.pdf
We are the world’s leading opinion mining company.
Opinion mining (also known as sentiment analysis) refers to the use of natural language processing, text analysis and computational linguistics to identify and extract subjective information… Generally speaking, opinion data analysis aims to determine the attitude of a speaker or a writer with respect to some topic…
https://en.wikipedia.org/wiki/Sentiment_analysis
We believe that how people feel today influences what they do tomorrow.
Understanding one person is easy
Understanding everybody is hard
Sentiment clearly negative
Humans get humans
Machines are not great at understanding the nuances of human conversation (e.g. sarcasm)
Machines are not great at understanding the nuances of human conversation (e.g. sarcasm)
Sorry, wrong!
Machines are not great at understanding the nuances of human conversation (e.g. sarcasm)
Machines are not great at understanding the nuances of human conversation (e.g. sarcasm)
Wrong again!
60% (at best)
machine
97% machine crowd
Opinion mining isn’t a big data problem, it is one of human understanding
CASE STUDY
Murray & Roberts IMPORTANCE OF RAPID RESPONSE
Background After the collapse of a Grayston bridge in Sandton on 14 October 2015 where two people died and 19 others were injured, the public took to social media to express their concern and anger towards the building companies involved.
0
200
400
600
800
1000
1200
1400
-3000
-2500
-2000
-1500
-1000
-500
0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Sha
re p
rice
Neg
ativ
e se
ntim
ent v
olum
e
Negative Sentiment Share Price
Share price vs negative sentiment
0
200
400
600
800
1000
1200
1400
-3000
-2500
-2000
-1500
-1000
-500
0
Negative Sentiment Share Price
SOCIAL MEDIA HAS REAL-WORLD IMPLICATIONS
SANDTON BRIDGE COLLAPSE. M&R sees a 7% fall in share price on the day
October 2015
When did Murray & Roberts respond?
0,0%
5,0%
10,0%
15,0%
20,0%
25,0%
30,0%
3 PM 4 PM 5 PM 6 PM 7 PM 8 PM 9 PM 10 PM 11 PM 12 AM 1 AM 2 AM 3 AM 4 AM 5 AM 6 AM 7 AM 8 AM
Sen
timen
t per
cent
age
Positive Negative
14 October 2015 15 Oct
Consumers are angered by what they felt were insufficient statements by the company.
M&R issues their first statement through the media. Citizens are angered that they’re not being contacted directly, particularly through social media.
Activity half-life OUTRAGE IS CONCENTRATED IN THE FIRST HOURS AFTER A CRISIS
0
500
1000
1500
2000
2500
0
2 000
4 000
6 000
8 000
10 000
12 000
14 000
16 000
18 000
13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Out
rage
vol
ume
Con
vers
atio
n vo
lum
e
All Conversations Outrage
2 days
10 hrs
October 2015
Afrisam’s handling of the crisis In the initial hours after the Sandton Bridge Collapse there was the allegation that an Afrisam cement truck was responsible for the incident.
0
5
10
15
20
25
30
3 PM 5 PM 7 PM 9 PM 11 PM 1 AM 3 AM 5 AM 7 AM 9 AM 11 AM 1 PM
Num
ber o
f men
tions
Afrisam Other Mentions
18:00 Afrisam responds (they continue to respond until 22:00)
16:57 First allegation that Afrisam truck was involved.
14 October 2015 15 Oct
Content and timing are key Afrisam responded with personal and authentic messages providing all available information in a timely manner.
Content and timing are key
Consumers responded positively.
AfriSam responded with personal and authentic messages providing all available information in a timely manner.
Key insights 1. In today’s social media fuelled world, blanket responses on traditional media to a crisis are more likely to cause increased reputational damage, which is correlated (and potential causal) to changes in share price.
2. Quick, honest, personalised and ongoing engagement on social media is key to managing a crisis.
3. Having a existing social media crisis plan in place helps speed up response and get the messaging right.
“Proactive monitoring of intelligence to identify and respond to incidents, including cyber attacks and adverse social media events. “ King IV
CASE STUDY
Ford Kuga HOW DO PEOPLE REALLY FEEL?
The question we were trying to answer
January 16, 2017 – Ford South Africa issues a safety recall for Kuga models equipped with the 1.6-litre engine to address an engine overheating condition that could cause a fire.
Can AI provide accurate sentiment analysis during a brand crisis, or do we still need human insight to accurately understand how people feel?
Kuga: Not Crowd verified vs Crowd verified 1 DEC 2016 – 19 JAN 2017 Negative Neutral Positive
NOT CROWD VERIFIED CROWD VERIFIED
73,7%
18,4%
7,9%
50,4%
31,3%
18,3%
Kuga: Not Crowd verified vs Crowd verified 1 – 16 FEB 2017 Negative Neutral Positive
NOT CROWD VERIFIED CROWD VERIFIED
72,8%
19,4%
7,8%
52,7%
33,3%
14,0%
Ford Overall Sentiment BEFORE, DURING AND AFTER
2,0%
50,9% 47,1
%
53,1%
38,2%
8,6%
18,5%
46,4%
35,1%
Negative Neutral Positive
BEFORE 1 Oct – 30 Nov 2016
DURING 1 Dec– 19 Jan 2016
AFTER 1 – 16 Feb 2016
Ford: Not Crowd verified vs Crowd verified 1 DEC 2016 – 19 JAN 2017 Negative Neutral Positive
18,5%
46,4%
35,1%
25,6%
43,5%
30,9%
NOT CROWD VERIFIED CROWD VERIFIED
Ford: Not Crowd verified vs Crowd verified 1 – 16 FEB 2017 Negative Neutral Positive
53,1%
38,2%
8,6%
35,4%
43,8%
20,8%
NOT CROWD VERIFIED CROWD VERIFIED
Key insights 1. Human verification and analysis is critical in getting an accurate understanding of the scope and scale of a brand crisis
2. Understanding the exact sentiment on social media is important, but only becomes actionable when you also understand the topics driving that sentiment.
The power of Topic Analysis
Understanding public sentiment towards a politician, party, company or brand is useful information. Understanding the detail of the topics that are driving that sentiment is strategic intelligence that can drive competitive advantage and help manage risk effectively.
An interactive tool that allows an in-depth analysis of the key topics driving public opinion.
The BrandsEye Topic Wheel
CASE STUDY
Syrian refugee crisis GENERATING STRATEGIC INSIGHT FROM PUBLIC OPINION DATA
The question we were trying to answer
We did this research on behalf of a global charity who wanted to understand two key things:
1. What types of humanitarian stories gain the most traction on social media
2. What is the “half-life” of these impactful stories?
From the answers to these questions, they planned to adapt both the messaging and timing of donation campaigns.
Most Positive
25,2%
24,7%
21,5%
20,3%
20,3%
20,1%
20,1%
Iceland
Unites States of America
Australia
South Africa
Turkey
United Kingdom
Brazil
15,8%
14,1%
13,9%
13,5%
13,0%
12,6%
12,4%
Lebanon
Canada
Ukraine
Ireland
Germany
United Kingdom
Norway
Most Negative
Sentiment by country
0
50 000
100 000
150 000
200 000
250 000
300 000
1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28
Syrian Refugee conversation Alan Kurdi
Alan Kurdi’s death shocks the world
3 months before
7 000 mentions per week
1 month after
26 000 mentions per week
Paris attacks
1 month after
32 000 mentions per week
Before & after Alan Kurdi VOLUME OF CONVERSATION ON SOCIAL MEDIA
JUN 2015 JUL AUG SEP OCT NOV DEC 2015
Key insights 1. Human-centred stories appeal to the emotions of citizens around the world and compel them to share these stories. People are particularly drawn to narratives around the individual, especially children. Stories about groups of people (e.g. factions, cities, camps) are less impactful.
2. Impactful photos or short videos appear to have the greatest impact and are shared prolifically. Text-based content does not perform well.
3. Public engagement with a humanitarian story is most pronounced in the first 72hrs after an event – it drops materially after this time. However, the sentiment half-life is 24hrs – i.e. the level of emotive outrage halves after just one day. Calls for donations that happen within this window are up to 10x more effective. Therefore, speed of response from charities is the most vital element when looking to leverage a humanitarian event to gather donations.
4. Interestingly, no major charity made a call for donations on social media within 48 hours of the Alan Kurdi event.
Johannesburg +27 11 017 4250 131, 12th Avenue, Rivonia Johannesburg 2128 South Africa
Dubai +971 4 372 1352 Level 9, The H Dubai Office Tower One Sheikh Zayed Road P.O.Box 333975 Dubai United Arab Emirates
Cape Town +27 21 467 5960 1st Floor, Quirk Building 97 Durham Avenue, Salt River Cape Town 7925 South Africa
Accurate Opinion Data. Better Decisions.