DocumentCode :
1968094
Title :
Network market analysis using large scale social network conversation of Indonesia´s fast food industry
Author :
Alamsyah, Andry ; Peranginangin, Yahya
Author_Institution :
Sch. of Econ. & Bus., Telkom Univ., Bandung, Indonesia
fYear :
2015
fDate :
27-29 May 2015
Firstpage :
327
Lastpage :
331
Abstract :
The high competitiveness of the Indonesia Fast Food market has forced the industry to find the new way to understand market behavior. The new challenge should include faster data collection and analytical process, preferably time delivery needed close to real-time. The common practice of gathering market data using questionnaires and interviews are considered expensive and time-consuming process compared to mining online conversation with brand community respected. With the availability of large-scale data from online social network services (oSNS), we can extract valuable information represent dynamic behavior of the market. Many brands have their presence in oSNS as a part of their customer relationship management (CRM) effort. The social interactions formed in oSNS can be modeled using Social Network Analysis (SNA) methodology. In this paper, we compare two brand communities of head to head competitive product in the fast food industry, they are McDonald´s and Burger King. The SNA model constructs large-scale network, its size, reaching close to a million of nodes and edges. The result will give us insight about what is important in understanding the dynamic market beside the market size represented by the community conversations.
Keywords :
catering industry; customer relationship management; data mining; social networking (online); Burger King; CRM; Indonesia fast food industry; Indonesia fast food market; McDonald´s; SNA methodology; SNA model; analytical process; brand community; customer relationship management; data collection; head to head competitive product; large scale social network conversation; large-scale data; large-scale network; market behavior; market data; network market analysis; oSNS; online conversation mining; online social network service; social interaction; social network analysis methodology; time delivery; time-consuming process; Conferences; Customer relationship management; Facebook; Food industry; Measurement; community; customer relationship management; fast food industry; large-scale data; market; online conversation; online social network services; social network analysis;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Information and Communication Technology (ICoICT ), 2015 3rd International Conference on
Conference_Location :
Nusa Dua
Type :
conf
DOI :
10.1109/ICoICT.2015.7231445
Filename :
7231445
Link To Document :
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