Sentiment Monitoring Services: A Case of “Best Solution Available”
May 8th, 2009Author: Nazim Uddin
When it comes to sentiment monitoring, you are left with only two options: “do-without” or “do with what’s available”. But realistically, “doing without” is not an option for companies and organizations in the digital era, especially when the speed and volume of communication can be overwhelming and the risk of ignoring the conversation is enormous. However, what is available is not that great either. I have a lot of concerns with currently available services and the claims many of these services make. I know from my own experience in doing qualitative research, specifically framing analysis of text which is far beyond what is required for comparatively simple sentiment monitoring of an issue, organization or brand, that content analysis is a messy business.
I tested Twitrratr, a website which promises that it “can distinguish negative from positive tweets surrounding a brand, product, person or topic.” The results were mixed.
For example: a search of “Obama” returned this tweet as being negative towards him because of the word “problem”:
“obama does get it. he understands the basic problems tha americans have while mccain is very out of touch”.
The search also returned this tweet as being positive towards Obama simply because it contained the word “good”:
“palin asks a really good quesion: what do all these radicals and terrorists see in obama?”
Twitrratr is only matching up flagged keywords and categorizing the tweets accordingly but quite oblivious as to what those keywords are actually referring in the context of the conversation. Content analysis is extremely difficult and the methodology required can be different from project to project and even evolve within a given project based on the results being generated. Sentiment/Attitude/Tonality, all virtually analogous, is just one of the dimensions that falls under the content analysis umbrella. At least the service is free. Companies such as Scout Labs, Sysomos, and Wise Window all offer products that supposedly overcome this, but my experience of the first two has been less than satisfactory.
My main problem is that while these companies promise 80-90% accuracy when compared to human coders, there is no independent verification of these claims. Add to that pressures to sign up to lengthy contracts, you end up getting the eerie feeling of being at a used car dealership.
Unfortunately, this problem will continue to plague sentiment monitoring for the foreseeable future whether for blogs, micromedia or otherwise. What is needed is advanced algorithms that can gauge sentiment from a contextual basis. As it is, this nascent technology can be describe as the “best solution available”, but whether it meets any objective standards is another question all together.
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Tags: scout labs, sentiment monitoring, sysomos, tonality, twitrratr, wise window

