William L. Bulkeley writes in the Wall Street Journal that marketers are using a new technology to analyze blogs and other ‘consumer-generated media’ – a category that includes chat groups, message boards and electronic forums – to hear what is being said online about new products, old ad campaigns and aging brands. Purveyors of the new methodology and their clients say blog-watching can be cheaper, faster and less biased than such staples of consumer research as focus groups and surveys.
Other interesting slices from the article :
“Marketers say bloggers’ unsolicited opinions and offhand comments are a source of invaluable insights that are hard to get elsewhere. “We look at the blogosphere as a focus group with 15 million people going on 24/7 that you can tap into without going behind a one-way mirror,” says Rick Murray, executive vice president of Edelman, a Chicago public-relations firm.” [...]
“Intelliseek and most other blog-watching services combine technology with some human analysis. They say their full services provide more insight than a simple keyword count. Some companies have developed text-analysis techniques as the result of funding or contracts from the Central Intelligence Agency and other intelligence services that monitor newspapers and other media. The technologies make use of software technologies known as “natural-language processing” and “unstructured-data mining” to understand even ungrammatical writing.”
[...]“Mr. Blackshaw says companies used to dismiss vocal complaints from one or two consumers as an aberration. But now, they have to pay attention because now those complainers may have blogs. “Those folks have influence with others via the Internet,” he says. PR firms are hiring Intelliseek to monitor their clients, he adds, because once-obscure consumer issues are surfacing at awkward moments, such as CEO interviews with ‘reporters who go to Google and type in a brand and [then] ask tough questions’.”
Read the entire article Marketers Scan Blogs For Brand Insights By WILLIAM M. BULKELEY, Staff Reporter of The Wall Street Journal.