Tuesday, March 15, 2016

Individual Assignment 7

“Digital analytics is the analysis of qualitative and quantitative data from your business and the competition to drive a continual improvement of the online experience that your customers and potential customers have which translates to your desired outcomes (both online and offline)” (Google Analytics, 2013a). Google analytics collects the data to help a business achieve its expectations in multiple ways. For a website, Google analytics uses a JavaScript code that Google analytics users place on every page of their website that they want to track. The JavaScript code collects data from the user when they access a specific page. It can collect data about what page the user is looking at on a businesses website, it can collect data from the user’s browser history, and it can collect data from the referring source that brought the user to the businesses website. When all of this data is collected it is sent to a Google analytics server in a “hit” or a package of data collected from the user when viewing a page on a businesses website. Data collection from Google analytics can be used in the management of social media for OrgABC’s sales and marketing division(s) by creating, improving, and maintaining relationships with the company and its customers. The sales and marketing division can see what customers are saying on their website about the company’s products through Google analytics. This gives the company a comprehensive report about what the customers like and dislike about their products, and will tell them if they should improve their products. The sales and marketing team can also use social media to promote their company. When they use Google analytics on social media websites, the sales and marketing team can track how much their social media prescience is and from the data, they can see if they need to improve to grow a better relationship with their customers. (Google Analytics, 2013 a-f & 2014)
Sentiment analysis is the detection of attitudes from a text such as a review for a product of OrgABC. The basic principles used in sentiment analysis are the holder, the target, the type of attitude, and the text containing the attitude. The person who is having the attitude is called the holder. The person or thing that the holder is having the attitude towards is the target. The type of attitude is the attitude that the holder uses towards the target. The actual text that the attitude is found in is the text containing the attitude. For the customer service division of OrgABC, they can use sentiment analysis when they read the reviews of the product to help customers if they are unhappy with the product or need help using it. When reading the reviews, the customer service division can notice phrases that suggest the sentiment (attitude) of the text and then they can combine the sentiment over all of the reviews they received for that product. If the aggregate sentiment over all of the reviews is negative, customer service knows that they have a problem and can inform the other divisions of the company that deals with making or purchasing the product. (OpenCourseOnline, 2012)  
Social network analysis shows the relationships between different entities and the connections between them. Networks are made up of nodes and edges. Social network analysis can predict future events for a product of OrgABC. Social network analysis can be very useful for the marketing and sales division of OrgABC because when analyzing the social network, they can see what people are talking about and what types of groups are forming based on what they are interested in. This is helpful for sales and marketing because they can target their advertising and products towards the people that they want to buy their merchandise. (Lee, 2013)
I have learned through completing this assignment that professionals can use Google analytics, sentiment analysis, and social network analysis to enhance an organization's social capital and presence. With Google analytics, companies can get data from the people that visit their website to get a better understanding of the products that the customers want by how many visits a certain product page has generated. Google analytics can also track the reviews customers leave about their products. Both of these services provided by Google analytics can enhance the relationship between customers and companies which would be an increase in social capital. A sentiment analysis can also increase social capital because a company can look at their reviews to see what their customers reactions are towards the product. If the customer is happy with their product and posts a good review the post may influence someone else to buy the product which would increase the number of relationships a company has with their customers. This would also increase the companies social capital. However, if customers are not happy with their products and they post negative reviews, the company can address what is wrong with their product or advertising and strengthen the relationship between the customers and the company. Finally, social network analysis is very valuable for social capital because when people are notified about a product from a company and are satisfied by it the customer shares it online as a review or just posts about the product on their social media sites. This can cause more people to talk about the product, which can lead to a company’s income and the number of their relationships to both increase. The end result would also cause an increase in social capital. (Kroenke, 2014)

 Works Cited
Google Analytics (2013a, October 1). Digital Analytics Fundamentals-Lesson 1.1 Course  Overview [Video file]. Retrieved from https://www.youtube.com/watch?v=uPZSSdkGQhM&list=PLI5YfMzCfRtZ8eV576YoY3vIYrHjyVm_e&index=1

Google Analytics (2013b, October 7). Digital Analytics Fundamentals-Lesson 2.1 The importance of digital analytics [Video file]. Retrieved from https://www.youtube.com/watch?v=JbXNS3NjIfM&list=PLI5YfMzCfRtZ8eV576YoY3vIYrHjyVm_e&index=2

Goggle Analytics (2014, May 14). Digital Analytics Fundamentals-Lesson 2.2 Core analysis          techniques [Video file]. Retrieved from https://www.youtube.com/watch?v=fi0w57kr_jY&list=PLI5YfMzCfRtZ8eV576YoY3vIYrHjyVm_e&index=3

Goggle Analytics (2013c, October 7). Digital Analytics Fundamental-Lesson 2.3 Conversions and conversion attribution [Video file]. Retrieved from https://www.youtube.com/watch?v=xLJt5A-NeQI&index=4&list=PLI5YfMzCfRtZ8eV576YoY3vIYrHjyVm_e

Google Analytics (2013d, October 7). Digital Analytics Fundamentals-Lesson 2.4 Creating a        measurement plan [Video file]. Retrieved from https://www.youtube.com/watch?v=EpDA3XaELqs&list=PLI5YfMzCfRtZ8eV576YoY3vIYrHjyVm_e&index=5

Google Analytics (2013e, October 7). Digital Analytics Fundamentals-Lesson 3.1 How Google Analytics works [Video file]. Retrieved from https://www.youtube.com/watch?v=eyltEFyZ678&list=PLI5YfMzCfRtZ8eV576YoY3vIYrHjyVm_e&index=6

Google Analytics (2013f, October 7). Digital Analytics Fundamentals-Lesson 3.2 Key metrics and dimensions defined [Video file]. Retrieved from https://www.youtube.com/watch?v=TW3gx4t4944&index=7&list=PLI5YfMzCfRtZ8eV576YoY3vIYrHjyVm_e

Kroenke, D. M. (2014). MIS Essentials (pp.197-215)Upper Saddle River, NJ: Pearson Education, Inc.

Lee, D. (2013, March 7). Lecture 1.1-1A Why Social Network Analysis (1354) [Video file].            Retrieved from https://www.youtube.com/watch?v=VjOVhWfh6iI

OpenCourseOnline (2012, April 4). 7-1-What is Sentiment Analysis-Stanford NLP-Professor Dan Jurafsky & Chris Manning [Video file]. Retrieved from https://www.youtube.com/watch?v=sxPBv4Skj98