Transforming Social Media Marketing by Analyzing Weather Patterns and Twitter Activity
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1 Analytics & Insights Transforming Social Media Marketing by Analyzing Weather Patterns and Twitter Activity Abstract It has been proven that uctuations in the weather can greatly in uence consumers' emotions, which directly affects their buying behavior and spending patterns. Understanding these patterns and how exactly consumers react to weather conditions is much easier now thanks to social media. Consumers on social platforms share their opinions on almost everything. Companies can now analyze social media activity with the weather to create more relevant marketing strategies, and contextualize promotions and campaigns. Weather data can be used to predict the right time for rolling out social media marketing campaigns to gain a competitive edge and optimize return on investment.
2 In 2013, Molson Coors Brewing Co. created a temperature-targeting 2 tool, which checked the weather of 8 Canadian cities at 15- minute intervals. The brand noticed that customer engagement with its weatherrelated ads and clickthrough rates on those ads was higher compared to nontargeted mobile ads. Facebook users were also most likely to share weatherrelevant advertising. About 58% of the top brands in the world have over 100,000 3 Twitter followers. More importantly, marketers can make a signi cant impact with their investments in Twitter. A joint study between MarketShare and Twitter revealed that for every $1 invested in Twitter marketing, luxury compact auto sales brought in $17.80 in 4 revenue. How Consumer Mindset and Weather Impact Marketing Strategy Social media has completely transformed the marketing landscape. Consumers today are more responsive to recommendations from peers as opposed to conventional advertisements. In fact, 46% of web users look towards social 1 media when making a purchase. Weather has been shown to be the second-most important in uencer of consumer spending. Social media can be the perfect platform to capture the effect of weather on a consumer's mindset to create weather-responsive campaigns. However, getting the timing right is crucial to success. Customers are most receptive to marketing messages and advertisements for a product when they are discussing that particular product category or deliberating issues that the product or service can solve. Methodology for Analyzing the Impact of Weather on Twitter Activity Twitter is one of the most popular social media platforms used by businesses to reach global audiences. Our study focused on measuring the impact of weather on Twitter activity for a speci c product category beer. For this analysis, the tweets were collected from areas within a one mile radius of the capital city of each state in the United States. Regions with the maximum number of tweets in a week containing the search keyword 'beer' were selected. The process followed is described in detail below: Step 1: Select the parameters. Choose the time period, geographical location, Twitter metrics, weather parameters, and consumer product category. Twitter metrics could be number of tweets, hashtags, retweets, and favorites, and pertain to a particular brand or overall product category. Weather parameters include temperature, precipitation, wind speed, and wind direction. Step 2: Connect with the Twitter search API. Create a twitter account. Go to dev.twitter.com and log in using the Twitter account credentials and create a new application. It requires a name, description, and website. Create the access token, token secret, API secret, and API key. Connect with the Twitter search API using the access token and API key.
3 'Word clouds' can be used to understand words associated with search keywords. A word cloud enables easy visualization and offers insights into the consumer context behind the consumption of the product or the conversation revolving around it. It can also be used to ensure that the right content is used in advertisements and marketing communications. Step 3: Collect tweets using keywords. Collect tweets through the Twitter Search API with the selected keywords using two lters. The rst is related to semantics as de ned by a search keyword, chosen based on the level of analysis and the consumer product category. The second lter is the geographical location which includes latitude, longitude, and radius. Step 4: Collect weather data. Corresponding weather data from the nearest weather station can be used to build a predictive model to forecast Twitter activity with high levels of accuracy. Step 5: Add location-speci c data to each tweet. Combine weather data and Twitter data using the time stamp and location as a common key. Each tweet is tagged to the weather data from the weather station nearest to the location of the tweet. Step 6: Use data modeling and visualization for targeted marketing. Build a model with Twitter metrics as a dependent variable. Regression methods can be used to model the impact of weather on Twitter activity. The forward selection method is used for obtaining the best t model for the study. First, simple linear regressions with only one variable are built. The variable with the highest R-squared value is selected. The second variable is selected based on the two-variable model that gives the highest R-squared. This approach is continued until no improvement is observed.
4 Results of Weather and Twitter Activity Analysis Word cloud for John F. Kennedy International Airport in New York where 838 tweets were collected Results from New York Results showed that the average wind speed had a positive coef cient, implying that as the wind blows faster, people tended to talk more on Twitter. Minimum temperature was inversely related to number of tweets. As temperature lowers, people tend to tweet less about beer. The tweets gathered are displayed in a word cloud, which indicates that a lot of conversations happened in speci c regions such as Queens, Bronx, and New York City. Such information can be leveraged to customize digital content and out-of-home (OOH) advertisements. Beer companies can concentrate on running promotions and discounts in these three locations. According to the analysis, customers from New York are fond of lager beer, while Gun Hill brewery and Finback brewery appeared to be two of the popular breweries where customers liked to socialize. This is crucial information that marketers can use to develop targeted marketing campaigns.
5 Word cloud for Centennial Airport, Denver, Colorado where a total of 409 tweets were collected. Results from Colorado The model indicated that if precipitation increases, Twitter activity decreases, and that maximum temperature is inversely related to the number of tweets. As temperature rises, people tend to tweet less about beer. It was also discovered that precipitation levels in Colorado had a greater in uence on Twitter activity compared to New York. The above parameters are largely value-based checks that can be integrated into the main accounting system using independent audit tools. The tweets collected are displayed in a word cloud, indicating a lot of conversations around the word 'brewery'. This can be leveraged to customize advertising and promotions to target customers in breweries.
6 Conclusion Today, consumers are tapping into social media several times a day through their mobile devices, across different locations and varied weather conditions. Our analysis shows that weather parameters are directly correlated to the level of social media interactions for a particular product category. Predictive models can be used to set up weather triggers that can initiate advertising campaigns or run promotions at the right time, when customers are talking about the product Used intelligently, weather-driven demand triggers on social media offer tremendous opportunity to build brand value, enhance customer relationships, and increase the ef ciency and effectiveness of marketing activities. References [1] Social media impact, 27 more social media facts, August 2015, Accessed January 2016, [2] The Globe and Mail, Molson taps into weather related cravings with Facebook mobile ads, October 2013, accessed January 2016, [3] Social Times, How Top Brands are Using Twitter (Infographic), February 2014, Accessed January 2016, [4] Social Media Today, Twitter Generated $716 Million Auto Sales in 2013, November 2014, Accessed January 2016
7 About TCS' Enterprises are looking to drive sustainable growth and profitability, and stay relevant to their customers in increasingly regulated, competitive, and global markets. TCS fosters proactive and strategic partnerships with its clients to achieve these goals. Our ValueBPS approach helps enterprises achieve significant and sustained business outcomes by leveraging our deep domain expertise and operations redesign methodologies such as FORETM. Our approach also encompasses robotic process automation (RPA), analytics and insights, our unique IT-BPS synergy, Business Process as a Service (BPaaS) models, and business process management (BPM). TCS' include core industry-specific processes, analytics and insights, as well as enterprise services such as finance and accounting, HR, and supply chain management. Our cross-industry solutions ensure faster realization of business value. TCS has consistently been recognized as the leader in various service lines by leading analyst firms. Contact Visit TCS Analytics & Insights page for more information analytics.insights@tcs.com Blog: Digital Reimagination TM Subscribe to TCS White Papers TCS.com RSS: Feedburner: About Tata Consultancy Services Ltd (TCS) Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model TM, recognized as the benchmark of excellence in software development. A part of the Tata Group, India s largest industrial conglomerate, TCS has a global footprint and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at All content / information present here is the exclusive property of Tata Consultancy Services Limited (TCS). The content / information contained here is correct at the time of publishing. No material from here may be copied, modified, reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior written permission from TCS. Unauthorized use of the content / information appearing here may violate copyright, trademark and other applicable laws, and could result in criminal or civil penalties. Copyright 2016 Tata Consultancy Services Limited TCS Design Services I M I 11 I 16
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