{"id":30694,"date":"2021-02-04T16:30:39","date_gmt":"2021-02-05T00:30:39","guid":{"rendered":"https:\/\/birdeye.com\/blog\/?p=30694"},"modified":"2024-02-02T15:06:30","modified_gmt":"2024-02-02T23:06:30","slug":"customer-sentiment-analysis-for-actionable-insights","status":"publish","type":"post","link":"https:\/\/birdeye.com\/blog\/customer-sentiment-analysis-for-actionable-insights\/","title":{"rendered":"Customer sentiment analysis: Get actionable insights in seconds"},"content":{"rendered":"\n<p>If you\u2019ve ever stared down an Excel sheet filled with thousands of rows of customer feedback and felt overwhelmed, you\u2019re not alone. It\u2019s a daunting task to identify sentiment themes and turn that data into actionable insights that your team can strategically leverage. Yet, as challenging as it is, there\u2019s no avoiding the important role that customer feedback from reviews and survey responses plays in business growth.<\/p>\n\n\n\n<p>Collecting and analyzing customer feedback is essential to ensure you\u2019re delivering world-class <a href=\"https:\/\/birdeye.com\/blog\/what-is-customer-experience-strategy\/\">customer experiences<\/a>. However, feedback is received from multiple, scattered channels, and the larger your company, the more feedback you\u2019re receiving.&nbsp;<\/p>\n\n\n\n<p>Traditional methods of analyzing that amount of data require a great deal of time and resources, which isn\u2019t sustainable. Close off that Excel sheet, and let customer sentiment analysis be your guide to gain a clear understanding of what your customers are saying on a granular level.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Table of contents<\/h2><ul><li><a href=\"#h-centralize-and-optimize-customer-feedback-to-fuel-growth\" data-level=\"2\">Centralize and optimize customer feedback to fuel growth<\/a><ul><li><a href=\"#h-what-is-customer-sentiment-analysis\" data-level=\"3\">What is Customer Sentiment Analysis?&nbsp;<\/a><\/li><\/ul><\/li><li><a href=\"#h-how-sentiment-analysis-works\" data-level=\"2\">How sentiment analysis works<\/a><\/li><li><a href=\"#h-the-benefits-of-customer-sentiment-analysis\" data-level=\"2\">The benefits of customer sentiment analysis<\/a><ul><li><a href=\"#h-upselling-and-referral-opportunities\" data-level=\"3\">Upselling and Referral opportunities<\/a><\/li><li><a href=\"#h-use-data-to-drive-your-marketing-strategy\" data-level=\"3\">Use data to drive your marketing strategy<\/a><\/li><li><a href=\"#h-tackle-customer-service-disasters-in-the-nick-of-time\" data-level=\"3\">Tackle customer service disasters in the nick of time<\/a><\/li><\/ul><\/li><li><a href=\"#h-simplify-customer-feedback-analysis\" data-level=\"2\">Simplify customer feedback analysis&nbsp;<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-centralize-and-optimize-customer-feedback-to-fuel-growth\">Centralize and optimize customer feedback to fuel growth<\/h2>\n\n\n\n<p>Agile <a href=\"https:\/\/birdeye.com\/blog\/bridging-the-gap-between-voice-of-the-customer-and-customer-experience\/\">customer experience<\/a> programs are the key to success in 2022 and beyond. In fact, <a href=\"https:\/\/www.globenewswire.com\/news-release\/2020\/10\/05\/2103450\/0\/en\/Companies-With-Agile-and-Collaborative-Customer-Experience-Programs-Say-They-Demonstrated-Financial-Growth-During-Pandemic-Study-Shows.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">67%<\/a> of companies that have invested in such programs have experienced financial growth during the pandemic.\u00a0<gwmw style=\"display:none;\"><\/p>\n\n\n\n<p>You might be getting high response rates for your surveys and a plethora of reviews across multiple sites. However, if you aren\u2019t able to efficiently analyze that feedback to gain a unified view of customer sentiment, you\u2019re missing out on opportunities for growth.&nbsp;<\/p>\n\n\n\n<p>Given that <a href=\"https:\/\/customerthink.com\/do-you-need-a-customer-insights-center-of-excellence\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">40% <\/a>of marketers say that the insights delivered by their customer intelligence teams are <em>not<\/em> actionable, it\u2019s safe to say that there\u2019s a gap in data analysis. What\u2019s the disconnect?<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-is-customer-sentiment-analysis\">What is Customer Sentiment Analysis?&nbsp;<\/h3>\n\n\n\n<p>Many companies struggle with gaining a bird\u2019s eye view <em>(see what we did there?)<\/em> of customer sentiment across all channels. This process gets even more complicated for multi-location businesses.<\/p>\n\n\n\n<p>There are many tools that collect feedback. However, there are very few tools that measure all customer feedback across multiple channels <strong>as a collective whole<\/strong>. Customer sentiment analysis is the ideal solution to gain a holistic view of the customer experience. It will allow you to understand:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Who <\/strong>is engaging with your brand<\/li>\n\n\n\n<li><strong>What<\/strong> do they like and dislike<\/li>\n\n\n\n<li><strong>Why<\/strong> do they feel the way they do about your company<\/li>\n<\/ul>\n\n\n\n<p>It\u2019s the automated process of identifying emotions in online, text-based communications to find out how customers feel about your product, brand, or service.&nbsp;<\/p>\n\n\n\n<p>The key theme is that it\u2019s an <strong>automated<\/strong> process, meaning it\u2019s not confined to specific sites or platforms and that it optimizes the <em>entire<\/em> process of feedback collection and insight-gathering.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/birdeye.com\/resources\/guides\/needle-in-the-haystack-capturing-customer-sentiment-at-scale\/\"><img decoding=\"async\" width=\"720\" height=\"331\" src=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Surveys_Insights_EmailContent.gif\" alt=\"Birdeye insights\" class=\"wp-image-30739\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-sentiment-analysis-works\">How sentiment analysis works<\/h2>\n\n\n\n<p>Sentiment analysis is powered by Natural Language Processing (NLP) and Machine Learning, which understand and interprets human language in text. Simply put, it quickly understands the context and tone of relevant keywords in customer feedback.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"597\" src=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image5-1024x597.png\" alt=\"sentiment analysis within Birdeye\" class=\"wp-image-30705\" srcset=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image5-1024x597.png 1024w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image5-300x175.png 300w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image5-768x448.png 768w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image5-1536x896.png 1536w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image5-2048x1195.png 2048w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image5-810x473.png 810w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image5-1140x665.png 1140w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>For you, that means you\u2019ll spend more time focused on making strategic decisions and less time making sense of data.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Turn large volumes of customer feedback from reviews and survey responses into actionable insights<\/li>\n\n\n\n<li>Understand customer sentiment to instantly know your business&#8217;s strengths and weaknesses<\/li>\n\n\n\n<li>Track customer feedback trends by location over time<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"644\" src=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-1024x644.png\" alt=\"Sentiment analysis within reviews\" class=\"wp-image-30697\" srcset=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-1024x644.png 1024w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-300x189.png 300w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-768x483.png 768w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-1536x966.png 1536w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-2048x1288.png 2048w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-320x200.png 320w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-810x509.png 810w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image2-1-1140x717.png 1140w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Identify sentiment from feedback<\/figcaption><\/figure>\n<\/div>\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image3-2-1024x597.png\" alt=\"insights highlighted\" class=\"wp-image-30713\" width=\"790\" height=\"460\" srcset=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image3-2-1024x597.png 1024w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image3-2-300x175.png 300w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image3-2-768x448.png 768w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image3-2-1536x896.png 1536w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image3-2-2048x1195.png 2048w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image3-2-810x473.png 810w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image3-2-1140x665.png 1140w\" sizes=\"(max-width: 790px) 100vw, 790px\" \/><\/figure>\n\n\n\n<p>You can even easily see:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The overall sentiment of your customers<\/li>\n\n\n\n<li>What percentage of customers have negative experiences vis-a-vis positive experiences<\/li>\n\n\n\n<li>What are the most common negative experiences &#8211; are they around service, long wait times, rude staff etc.<\/li>\n\n\n\n<li>Stack rank your locations in terms of customer service or wait times or any other criteria, enabling you to take action where needed.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"644\" src=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-1024x644.png\" alt=\"Location specific insights\" class=\"wp-image-30700\" srcset=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-1024x644.png 1024w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-300x189.png 300w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-768x483.png 768w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-1536x966.png 1536w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-2048x1288.png 2048w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-320x200.png 320w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-810x509.png 810w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Survey-Insights-Blog_Content-Image4-1-1-1140x717.png 1140w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Get actionable insights for multiple locations<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-benefits-of-customer-sentiment-analysis\">The benefits of customer sentiment analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-upselling-and-referral-opportunities\">Upselling and Referral opportunities<\/h3>\n\n\n\n<p>Happy customers are more likely to be receptive to buying additional products or services from you. They are also more likely to refer their friends and family to your business. With sentiment analysis, you can easily identify these happy customers.&nbsp;<\/p>\n\n\n\n<p>This helps you recognize who might be receptive to spending more, as well as avoiding upsetting disgruntled customers with any unwelcome sales pitches. This is key to delivering personalized experiences that directly influences conversions. In fact, 86% of consumers say that personalization influences their purchasing decision.<gwmw style=\"display:none;\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-use-data-to-drive-your-marketing-strategy\">Use data to drive your marketing strategy<\/h3>\n\n\n\n<p>Sentiment analysis done right will advance your marketing strategy, as it impacts many different aspects of your company\u2019s online presence.&nbsp;<\/p>\n\n\n\n<p>Analyzing the sentiment around your company\u2019s brand will help you understand the motives behind your customers\u2019 purchasing decisions and the intent behind their interactions.&nbsp;<\/p>\n\n\n\n<p>Is your customer service a strong point? Do your ingredients make your product unique? Or maybe a feature you didn\u2019t expect is gaining traction with customers.&nbsp;<\/p>\n\n\n\n<p>Sentiment analysis provides strategic information on your strengths and weaknesses. There should be components of your marketing strategy that distinguish you from your competitors. That\u2019s one of the benefits of sentiment analysis \u2013 it allows you to discover those unique parts of your offering, then leverages them to the fullest.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tackle-customer-service-disasters-in-the-nick-of-time\">Tackle customer service disasters in the nick of time<\/h3>\n\n\n\n<p>If a customer issue occurs, you have to act fast before it escalates. In fact, <a href=\"https:\/\/www.superoffice.com\/blog\/response-times\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">88%<\/a> of customers expect a response from your business within 60 minutes.<\/p>\n\n\n\n<p>Sentiment analysis also helps you quickly manage customer complaints at scale. Spotting negative comments early will help you nip critical situations in the bud. The faster you react, the better chance you have of resolving the problem and building customer loyalty. Customers who have issues resolved quickly are far more likely to share their good experiences with others.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-simplify-customer-feedback-analysis\">Simplify customer feedback analysis&nbsp;<\/h2>\n\n\n\n<p>If customer experience is the new battleground for growth, then having the right technology by your side is your secret weapon. Leveraging software powered by NLP and Machine Learning will help your company deliver high-quality experiences and grow market share.<\/p>\n\n\n\n<p>Sentiment analysis isn\u2019t simply just another buzzword in customer experience. It\u2019s a legitimate component of your marketing strategy. The benefits of sentiment analysis are undeniable and will boost your KPIs in the long run.&nbsp;<\/p>\n\n\n\n<p>Want to learn how Birdeye can help you understand customer sentiment at scale and get actionable insights in seconds? Just click on the banner below.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/birdeye.com\/insights\/\"><img decoding=\"async\" width=\"1024\" height=\"265\" src=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Learn-more-Insights-1024x265.jpg\" alt=\"\" class=\"wp-image-30720\" srcset=\"https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Learn-more-Insights-1024x265.jpg 1024w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Learn-more-Insights-300x78.jpg 300w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Learn-more-Insights-768x199.jpg 768w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Learn-more-Insights-1536x397.jpg 1536w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Learn-more-Insights-810x209.jpg 810w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Learn-more-Insights-1140x295.jpg 1140w, https:\/\/birdeye.com\/blog\/wp-content\/uploads\/Learn-more-Insights.jpg 1651w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019ve ever stared down an Excel sheet filled with thousands of rows of customer feedback and felt overwhelmed, you\u2019re not alone. It\u2019s a daunting task to identify sentiment themes and turn that data into actionable insights that your team can strategically leverage. Yet, as challenging as it is, there\u2019s no avoiding the important role [&hellip;]<\/p>\n","protected":false},"author":92,"featured_media":30703,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8535],"tags":[],"class_list":["post-30694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-competitor-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Customer sentiment analysis: Get actionable insights | Birdeye<\/title>\n<meta name=\"description\" content=\"Customer sentiment analysis can help your team get actionable customer insights in seconds so you can focus on strategy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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