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Managers are keenly interested in word-of-mouth communication because they believe a product's success is significantly associated with the testimonials it generates. However, several significant challenges exist regarding measuring this phenomenon. The primary obstacles involve how to gather data since information about such interactions typically occurs within private conversations that are not easily observable. Additionally, identifying which aspects of these discussions should be measured presents another challenge. Thirdly, word-of-mouth is inherently ogenous - the mapping from word of mouth to future sales holds interest for firms, but this process also implies that word-of-mouth is a result of past sales.
The m of our study focuses on overcoming these challenges, using online conversations as an illustrative context through analyzing new television TV shows' success during the 1999-2000 seasons. Our source for tracking word-of-mouth chatter is Useneta vast network comprising thousands of groups covering diverse topics. This approach highlights the potential for online interactions to serve as a simple and cost-effective tool for gauging word-of-mouth phenomena.
We demonstrate that measuring the dispersion of conversations across communities offers explanatory power in understanding dynamicrelated to TV ratings. Our findings support the notion that examining how discussions spread within and between different Usenet groups can provide meaningful insights into predicting audience engagement with television content.
In this study, we utilize data on online conversations as a proxy for word-of-mouth communication around new TV shows during specific seasons. We investigate patterns of dispersion in these discussions across various Usenet communities. By doing so, we illustrate that the spread and concentration of conversations can provide valuable insights into predicting audience interest and subsequent ratings.
To further expln our and results:
1 Data Collection: We gather data on online conversations about new TV shows from Usenet archives covering several seasons.
2 Analysis Framework: We develop a dynamic model linking word-of-mouth discussions to future television ratings.
3 Insights Extraction: We analyze how the dispersion of these conversations across different communities influences viewership metrics.
This study showcases the potential for utilizing online conversations as an accessible and cost-effective method to measure word-of-mouth communication's impact on consumer preferences. Our findings highlight that understanding how discussions spread within diverse online communities can provide insights into predicting audience behavior, thereby offering valuable information to media content creators, marketers, and analysts seeking to optimize their strategies based on -user feedback.
Acknowledgements:
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