How to analyze sentiment of Retently NPS Survey Comments with generative AI
As a business, understanding how your customers feel about your products or services is crucial to success. Net Promoter Score (NPS) surveys are a common way to gauge customer satisfaction, but analyzing the comments can be time-consuming and subjective. In this post, we’ll show you how to use generative AI to automatically perform sentiment analysis on Retently NPS survey comments.
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 Retently NPS survey comments include:
- Identify areas of improvement for your products or services
- Track customer satisfaction over time
- Understand common pain points for customers
- Improve customer retention and loyalty
Teams that might find these use cases helpful include: customer support, customer success, 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 Retently NPS survey comments. You can export this data as a CSV file from Retently or query a list of comments from your data warehouse or BI tool.
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.
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 Retently NPS survey comments. This will help you better understand your customers' feedback and make data-driven decisions to improve your products or services.
For more information on how to implement sentiment analysis with generative AI, check out our blog post: "How to Implement Sentiment Analysis with Generative AI."