How to analyze sentiment of CustomerGauge NPS Survey Comments with generative AI
As a customer-focused company, it's essential to capture feedback from your customers. Net Promoter Score (NPS) surveys are a popular method used by businesses to measure customer loyalty and satisfaction. However, analyzing the survey responses can be time-consuming and challenging, especially when dealing with open-ended comments. In this post, we'll show you how to use generative AI to automatically perform sentiment analysis on CustomerGauge NPS survey comments, saving you time and providing valuable insights.
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 CustomerGauge NPS survey comments include:
- Identify trends in customer satisfaction and loyalty over time
- Quickly identify areas for improvement and address customer concerns
- Assess the effectiveness of specific campaigns or initiatives on customer loyalty
- Improve customer satisfaction and loyalty by addressing common concerns and issues
Teams that might find these use cases helpful include: customer experience, product, marketing, 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 CustomerGauge NPS survey comments. You can extract this data using the CustomerGauge API, export it in CSV format, query a list of comments from your data warehouse or BI tool, or copy and paste with an example comment.
For more information on the CustomerGauge API see here: https://developers.customergauge.com/
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 may also assign sentiment ratings.
Here is an example of a sentiment rating scale:
- Very Positive
- Positive
- Neutral
- Negative
- Very Negative
Once you have your data and sentiment scale, you can use generative AI to automatically assess the sentiment of your CustomerGauge NPS survey comments. This will help you understand how customers feel about your products or services, and allow you to make data-driven decisions on how to improve their experience.
By using sentiment analysis, you can quickly analyze large amounts of customer feedback and identify trends, allowing you to focus your efforts on areas that will have the most significant impact on customer satisfaction and loyalty.