Customer’s
feedback is valuable for every travel business. Companies focus on
understanding the emotions of people so that they can know what they expect
from their services. Customer’s opinions help travel companies to shape their
business strategies and improve their offerings. One of the best and fastest
ways to analyze customer’s feedback is sentiment analysis. It is an advanced
process that uses a machine learning technique in order to detect positive or
negative opinions of people in the form of text.
The popular
types of sentiment analysis preferred by travel business include – Finely
Grained Sentiment Analysis (could be used to interpret 5-star ratings in feedback),
Emotion Detection (used in detecting emotions like happiness, anger,
frustration, etc), Aspect-Based Sentiment Analysis (used to know which particle
aspect or feature customers are mentioning in a positive or negative manner),
and Multilingual Sentiment Analysis (detects language in texts with a language
classifier).
Using
Customer Experience to Enhance Customer Experience
Sentiment
analysis has managed to emerge as a compelling business tool for travel
companies to manage customer experience efforts. This innovative analysis
allows travel service providers to keep track of facts and opinions to more
completely understand their customers’ perceptions about brand, products or
services, and find out critical problems with customer experience so that they
can act quickly. Sentiment analysis also helps travel agencies to gain insights
from social media conversations, build a sentiment index to measure the
reputation of their company and services, and develop a strategy for taking
action to negative sentiments.
Sentiment
Analysis and Travel Agencies
With the
increased use of artificial intelligence in the travel sector, many travel
companies have opted for sentiment analysis. These companies aim to explore and
demonstrate the use of text analytics through sentiment analysis to get a
better understanding of important travel issues, essentially the relationship
between company and customer experience, and their satisfaction rating.
Particularly,
sentiment analysis uses multiple natural language processing algorithms and
methods to analyze a large quantity of consumers’ feedback extracted from
multiple resources (company’s website, social media pages, as well as offline
resources) to reconstruct traveler’s experience via the traveler’s generated
reviews and examine ratings.
Sentiment analysis
is an efficient and cost-effective way to identify important issues in
real-time. For instance, is your customer so angry with your service and about
to churn? In such cases, sentiment analysis models will help you instantly
identify the situation and gauge brand sentiment, so that you can take the
right action immediately.
Final
Thoughts
Sentiment
analysis can be implemented in several aspects of the travel business, from
customer service to brand monitoring. By incorporating it into the existing
systems and analytics, leading travel companies are able to work efficiently
and faster. Ultimately, sentiment analysis enables travel companies to glean
powerful insights and understand their customers. If you are planning to
enhance your customer experience and grab new customers, then consider the
option of sentiment analysis for your business can the best idea.
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