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Creating a ‘customer centricity graph’ from unstructured customer feedback

Author

Listed:
  • Lebmeier, Elisabeth

    (Master’s Student, LMU Munich, Germany)

  • Hou, Naiwen

    (Master’s Student, LMU Munich, Germany)

  • Spann, Korbinian

    (Managing Director, Insaas, Germany)

  • Aßenmacher, Matthias

    (PhD Student, LMU Munich, Germany)

Abstract

Certain industries, such as car insurance, do not have many customer touch points and do not offer a great deal of differentiation in the market. Marketers in such industries must therefore analyse vast amounts of customer-generated feedback in order to analyse customer preference in a quantitative manner. At present, this is done via market research or manual work, as an automated tool for summarising unstructured texts is as yet unavailable for certain European languages, including German. This paper discusses how Insaas and LMU Munich have used publicly available feedback on car insurance in Germany to develop a dedicated pipeline for the computation and visualisation of customer opinions. This paper provides an overview of the various steps of the procedure.

Suggested Citation

  • Lebmeier, Elisabeth & Hou, Naiwen & Spann, Korbinian & Aßenmacher, Matthias, 2021. "Creating a ‘customer centricity graph’ from unstructured customer feedback," Applied Marketing Analytics: The Peer-Reviewed Journal, Henry Stewart Publications, vol. 6(3), pages 221-229, January.
  • Handle: RePEc:aza:ama000:y:2021:v:6:i:3:p:221-229
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    More about this item

    Keywords

    customer centricity; NLP; AI; dashboard; B2C;
    All these keywords.

    JEL classification:

    • M3 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising

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