Category Archives: Corporate Reputation

Why We Believe in the Voice of the Customer


What is the Voice of the Customer?

Social MediaHave you ever wondered why certain products or services undergo radical changes or even disappear from the market (and sometimes return with another trade name)? Does it depend only on the volume of sales or other factors come into play? To answer these questions, we should introduce the concept of “Voice of the Customer” and analyze what it means. This term refers to all those practices which enable to understand what a (real or potential) customer thinks about a product or service. But it is not limited to a simple reading of comments or opinions written upon request -e.g. an online survey-, the issue is much more complex.

In recent years, the types of channels through which customers and users express their opinions, complaints, suggestions or congratulations (yes, these are also important, then we will see why) have multiplied exponentially. Only a decade ago, the channels that permitted the interaction with the business world were significantly fewer, among them we may recall the telephone or pre-compiled polls often sent by traditional mail. In addition, most of the exchanges between customer and company responded to a specific need of the second; in other words, they were requested.


How has it changed?

Today, the picture has radically changed.Voice of the Customer The communication channels are numerous and also allow to interact in different ways through various media (images, audio, video, etc.). And what matters most to us is that this interaction

  • is constant: 24 hours a day, 365 days a year;
  • most of the times is multilingual;
  • does not always follow predefined patterns (many times, it doesn’t even comply with the most basic spelling rules);
  • is unstructured: it is not stored in a traditional database nor organized according to predefined criteria.

There is no doubt that, from a corporate perspective, this enormous amount of information can be highly beneficial!
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Monitor corporate reputation with our new API

Do you need to understand the impact that social media and news have on your corporate reputation (or your customers’)? Now, a new MeaningCloud API enables you to analyze all that information in real time and structure it according to the dimensions of the most common reputational schemes.

Some customers have been demanding us a precise way of understanding the impact that opinions from social media and other channels have on a company.

Corporate ReputationSocial monitoring tools provide a basic sentiment analysis that in the best of cases identifies that a certain comment (e.g. a tweet) expresses a positive or negative opinion about an entity, and use the aggregated data in diagrams and temporal evolutions. Nevertheless, analyzing a so multifaceted reality as the reputation of a company requires a more granular opinion analysis.

Although it is usually identified with online reputation, corporate reputation is a different concept: it consists of an aggregate of the opinions and perceptions that the public has about a certain company. And it’s a multidimensional characteristic, since those opinions are assessed around a series of more or less standard axes:  Financial situation, Product quality, Innovation, Strategy…

A more social, real-time reputation analysis

So far, corporate reputation has been measured by interviewing and conducting surveys to customers and analysts, and it has been provided in the form of static periodic reports. But the number of customers who are not satisfied with a “snapshot” a posteriori -based on a few opinions- is constantly increasing. Now they wish to add to the picture the impact that social and traditional media have on their reputation, and access that information in a more up-to-date and actionable way to detect potential reputational crises well in advance.

With this MeaningCloud update we have added a new Corporate Reputation API, which enables to include in the reputational analysis the huge amount of spontaneous opinions expressed in all kinds of media (social networks, forums, blogs, news websites) in real time.

The API performs a reputational tagging of text: it receives a document (tweet, piece of news, comment in a survey), detects the mentioned companies, identifies the reputational dimensions involved and extracts the polarity that affects each one of them. All this with a high level of accuracy and granularity, distinguishing opinions about different companies than can coexist in a single sentence. The result is presented in the form of standard tags that can be used to aggregate, relate, detect trends, generate alerts, etc.

Under the hood, the API uses a highly optimized pipeline that incorporates information extraction, automatic classification and polarity analysis techniques. In addition, it is based on standard interfaces and features SDKs that enable to integrate it into any available monitoring application or tool. More information here.

Using this API you can complement the traditional reputational studies with a more agile and immediate analysis of the impact of social media, news, etc., and thus manage more dynamically such an important asset of your company.

And don’t forget that with this MeaningCloud update we include two APIs from our previous product, Textalytics: Linguistic Analysis and Text Proofreading.