Mining Twitter lists to extract brand-related associative information for celebrity endorsement
Charalampos Saridakis,
Constantine S. Katsikeas,
Sofia Angelidou,
Maria Oikonomidou and
Polyvios Pratikakis
European Journal of Operational Research, 2023, vol. 311, issue 1, 316-332
Abstract:
Twitter lists (i.e., curated collections of Twitter accounts) are user-generated and serve primarily as a tool to group other users. Grouping judgments are grounded in the implicit assumption that co-listed members share common associations. As such, Twitter lists are ideal for directly exploring associative links between brands and/or other entities. This research capitalizes on Twitter list membership data to provide a new metric indicating the similarity of users’ list membership profiles. This metric is used as a proxy for perceptions of brand–celebrity (mis)fit (i.e., the degree of congruency or similarity between the celebrity and the brand) in celebrity endorsement situations, where a celebrity's fame or social status is used to promote a brand. To validate the accuracy of the method, we compare the list similarity metric with directly elicited survey data for a test set of 62 celebrities and 64 brands, ranging across eight industry sectors. This research contributes to the extant literature of studies extracting brand-related associative information (i.e., information held in consumers’ memory that contains the meaning of a brand) from large volumes of consumer online data. This research also introduces new ways of data mining to operational research literature and provides managers with a new methodology to directly infer perceptions of brand–celebrity (mis)fit.
Keywords: OR in marketing; Celebrity endorsement; Twitter lists; Big data; Data mining (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:311:y:2023:i:1:p:316-332
DOI: 10.1016/j.ejor.2023.05.004
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