Predicting Product Performance with Social Media

Last 20 years brought massive growth in IT&C world. Mobile solutions such as netbooks, laptops, mobile phones, tablets enable the wireless connection to the Internet. Anyone can ac-cess it anytime and anywhere. In this context, a part of the activities from the real world have a corresponden...

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Bibliographic Details
Main Authors: Liviu LICA, Mihaela TUTA
Format: Article
Language:English
Published: Inforec Association 2011-01-01
Series:Informatică economică
Subjects:
Online Access:http://revistaie.ase.ro/content/58/05%20-%20Lica,%20Tuta.pdf
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author Liviu LICA
Mihaela TUTA
author_facet Liviu LICA
Mihaela TUTA
author_sort Liviu LICA
collection DOAJ
description Last 20 years brought massive growth in IT&C world. Mobile solutions such as netbooks, laptops, mobile phones, tablets enable the wireless connection to the Internet. Anyone can ac-cess it anytime and anywhere. In this context, a part of the activities from the real world have a correspondence in the online discussions. Social media in general and social networks in particular have turned into marketing tools for organizations and a place where people can express their opinions and attitudes about products.The paper shows how social media can be used for predicting the success of a product or service. To showcase this, two case studies are presented; a test to prove that the conversations that take place in social media are a good indicator of success and the second is an exercise to predict the winner of the Oscar for best picture in 2011.
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spelling doaj.art-9de4a33032c949cca60daa0fc27c64432022-12-21T17:44:02ZengInforec AssociationInformatică economică1453-13051842-80882011-01-011524656Predicting Product Performance with Social MediaLiviu LICAMihaela TUTALast 20 years brought massive growth in IT&C world. Mobile solutions such as netbooks, laptops, mobile phones, tablets enable the wireless connection to the Internet. Anyone can ac-cess it anytime and anywhere. In this context, a part of the activities from the real world have a correspondence in the online discussions. Social media in general and social networks in particular have turned into marketing tools for organizations and a place where people can express their opinions and attitudes about products.The paper shows how social media can be used for predicting the success of a product or service. To showcase this, two case studies are presented; a test to prove that the conversations that take place in social media are a good indicator of success and the second is an exercise to predict the winner of the Oscar for best picture in 2011.http://revistaie.ase.ro/content/58/05%20-%20Lica,%20Tuta.pdfSocial MediaSocial NetworksPredictionMovieInternet
spellingShingle Liviu LICA
Mihaela TUTA
Predicting Product Performance with Social Media
Informatică economică
Social Media
Social Networks
Prediction
Movie
Internet
title Predicting Product Performance with Social Media
title_full Predicting Product Performance with Social Media
title_fullStr Predicting Product Performance with Social Media
title_full_unstemmed Predicting Product Performance with Social Media
title_short Predicting Product Performance with Social Media
title_sort predicting product performance with social media
topic Social Media
Social Networks
Prediction
Movie
Internet
url http://revistaie.ase.ro/content/58/05%20-%20Lica,%20Tuta.pdf
work_keys_str_mv AT liviulica predictingproductperformancewithsocialmedia
AT mihaelatuta predictingproductperformancewithsocialmedia