How to analyze sentiment of Chorus.ai Sales Call Transcripts with generative AI
As a sales team, it’s important to understand your customers’ needs and address them effectively. Standard measurements such as sales figures and conversion rates can provide some insight into how well the team is performing. However, to go a level deeper and identify deeper trends and make improvements, you need to evaluate your sales team's customer communications. In this post, we’ll show you how to use generative AI to automatically perform sentiment analysis on Chorus.ai sales call transcripts.
What is Sentiment Analysis?
Sentiment analysis is a natural language processing (NLP) technique that involves using machine learning algorithms to automatically identify and extract the emotions or opinions expressed in a given piece of text.
The algorithms are trained on a labeled dataset of text samples, where each sample is labeled with its corresponding sentiment (positive, negative, or neutral). The model learns to recognize patterns and features in the text that are associated with different emotions, and uses these patterns to predict the sentiment of new, unseen text.
Sentiment analysis has many applications, such as customer feedback analysis, social media monitoring, and market research. It's a powerful tool for organizations that want to understand how people feel about their products or services, or to track public opinion on different issues. It can help automate tasks and extract valuable insights from large amounts of text data.
Example Use Cases
Some use cases for performing sentiment analysis on Chorus.ai sales call transcripts include:
- Automatically detect and classify customer sentiment
- Identify common customer objections and feedback
- Quickly identify opportunities for coaching and feedback for sales reps
- Assess the effectiveness of sales pitches and techniques
- Improve customer retention and satisfaction
Teams that might find these use cases helpful include: sales, customer success, product, and operations.
Accessing your Data and confirming your sentiment scale
You first need to identify the data that you want to work with. Here, we are looking at Chorus.ai sales call transcripts. You can extract this data using the Chorus.ai API, export it in CSV format, query a list of calls from your data warehouse or BI tool, or copy and paste with an example transcript.
Next, you need to confirm the sentiment scale you will use for assessing customer sentiment. Typically - sentiment is measured on a scale of -1 (most negative) to 1 (most positive). You also may assign sentiment ratings.
Once you have your data and sentiment scale, you can use generative AI to automatically assess the sentiment of your Chorus.ai sales call transcripts. This will help you improve the quality and effectiveness of your sales calls. This can help you both increase sales and improve the efficiency of your sales team.