Sentiment analysis is an automated process that leverages Natural Language Processing (NLP) technology to analyze the emotional tone in text from emails, chat transcripts, social media interactions, or customer reviews and determine if the sentiment is positive, negative, or neutral. In fact, sentiment analysis capabilities are typically part of overarching Natural Language Processing (NLP) tools, which utilize AI and machine learning to identify moods and context that exist within user interactions.
As a result, sentiment analysis helps companies gain valuable insight into customers' feelings about their brand, products, or service. This insight can be used to improve customer service, develop new services and products, enhance branding and reputation management strategies in real-time, as well as personalize customer journeys with the aid of customer journey mapping tools.
Popular Use Cases for Sentiment Analysis
Customer Support: Sentiment analysis can be used to analyze customer support interactions to determine meaning and emotional tone. Companies can use this data to properly evaluate and classify support ticket responses, chat interactions, phone calls, and emails by sentiment to prioritize and route support requests.
Marketing Campaigns: Sentiment analysis can be used to monitor sentiment in online discussions or social platforms, alongside marketing campaigns. Marketing teams use this insight to analyze campaign sentiment results and adjust ads or marketing materials in real-time.
Social Listening: Sentiment analysis is used to monitor social media chats and comments to capture individual emotional responses and feedback. This enables companies to respond to comments and engage meaningfully via social media.
Brand & Reputation Management: Sentiment analysis tools are popular for reputation management and brand monitoring. They capture the emotion or tone of online reviews or brand mentions in blogs, forums, and news articles so that companies can react quickly to negative brand mentions, and manage reputation without any downtime.
Voice of the Customer (VoC) Evaluations: Sentiment analysis captures valuable customer sentiment data from emails, support interactions, online surveys, and chats to identify patterns and help organizations understand their customers’ behaviors. This data can then be fed to Customer Data Platforms (CDPs), for maintaining a unified profile of each customer.
Employee Feedback Evaluations: Sentiment analysis can be used to analyze employee feedback and identify sentiment in surveys, helping companies understand employee needs, reduce turnover, and improve employee satisfaction.
Product Development: Sentiment analysis can be used to analyze customer feedback on products and services, to identify target customer perceptions and necessary product improvements.
Market & Competitive Research: Sentiment analysis helps companies understand how customers perceive their products and brand. This insight can be used to innovate products according to customer needs and stay competitive by understanding customer feelings and motivations.
Top 10 Sentiment Analysis Tools
Top 10 Sentiment Analysis Tools sorted by Wheelhouse Score.
CXone helps organizations of all sizes be the first choice of customers, the first to innovate, and the first choice employer. Only CXone delivers one unified experience, on one cloud native platform, fast onboarding of new employees and capabilities, with embedded AI to keep your team one step ahea...
CallRail delivers world-premiere call tracking software for the business that desires to be informed on high-priority metrics with crucial relevance to successful business models in the digital age. Their dynamic call tracking allows for unparalleled user follow-up and lead generation, maximizing th...
Xyonix is an Artificial Intelligence (AI) and Machine Learning (ML) firm that offers consulting services, data evaluations, and model development plans to help companies in a variety of industries innovate and improve business with AI. Xyonix has decades of AI experience spanning Natural Language Pr...
Intercom is a customer service platform that enables businesses to communicate with their customers in a personalized and efficient manner. The platform offers a range of features including live chat, email marketing, and customer support tools to help businesses engage with their customers at every...
RingCX is an AI-powered contact center solution that offers a single, unified console for all communication channels - from voice to social media. Featuring real-time dashboards and conversational insights that are driven by AI, contact center teams now have an inbuilt virtual assistant within their...
MonkeyLearn is a user-friendly, no-code, AI platform that offers centralized text analytics tools to help organizations extract, classify, and analyze text data from surveys, reviews, products, and customer support tickets. MonkeyLearn leverages Machine Learning technology to power its text analytic...
Qualaroo is an AI-powered Customer & User Feedback platform that helps companies perform research, user targeting, sentiment analysis, and patented Nudge technology to deliver actionable insights based on user feedback. Qualaroo helps companies optimize website and app performance, increase conv...
Netomi is an AI Customer Experience platform that leverages conversational AI and generative AI technologies to help organizations provide personalized customer experiences and enhance omnichannel engagement. Netomi can automatically resolve 80% of common customer service questions and tasks, which ...
Meltwater is a fully integrated Media and Social Intelligence platform that helps marketing, public relations, and communications professionals stay competitive and impactful with AI-powered media, consumer, and social trend insights. Meltwater analyzes billions of data across media and social chann...
Chorus, by ZoomInfo, is a Conversation Intelligence (CI) software system that helps organizations analyze data from calls, video meetings, and emails to find insights, determine what factors contributed to wins or losses, and forecast future growth. Chorus uses ZoomInfo’s proprietary, patented...