Search results
1 – 4 of 4Sangjae Lee and Joon Yeon Choeh
This paper aims to intend to study the effect of movie production efficiency on eWOM and the moderating effect of efficiency on the relationship between eWOM and review…
Abstract
Purpose
This paper aims to intend to study the effect of movie production efficiency on eWOM and the moderating effect of efficiency on the relationship between eWOM and review helpfulness for movies.
Design/methodology/approach
Production efficiency is suggested by comparing the power of movie resources (e.g. the power of actors, directors, distributors, production companies) against box-office revenue through a data envelopment analysis (DEA).
Findings
The study results present that the number of reviews, the number of reviews by reviewers and review extremity are greater in an efficient subsample than in an inefficient subsample. For efficient movies, the review depth and the strength of the sentiments in the reviews are more positively related to review helpfulness. The prediction results for review helpfulness using the k-nearest neighbor method and automatic neural networks show that the efficient subsample provides a significantly lower prediction error rate than the inefficient subsample. The study results can support the effective facilitation of helpful online movie reviews.
Originality/value
As the numbers of online reviews are increasingly used to provide purchase decision support, it becomes crucial to understand which attributes represent average helpful reviews for movies. While previous studies have examined eWOM (online word-of-mouth) variables as predictors of helpfulness on movie websites, the role of the production efficiency of movies has not been examined considering the relationship between eWOM and review helpfulness for movies.
Details
Keywords
Sangjae Lee and Joon Yeon Choeh
While a number of studies examined the eWOM (online word-of-mouth) factors affecting box office, the studies on the impact of review helpfulness on box office are lacking. The…
Abstract
Purpose
While a number of studies examined the eWOM (online word-of-mouth) factors affecting box office, the studies on the impact of review helpfulness on box office are lacking. The purpose of this paper is to fill the void in previous studies and further extend prior work regarding eWOM and box office. In order to explain the interaction effect of helpfulness with other variables on product sales, this study posits that review characteristics such as number of reviews, review rating, review length interact with review helpfulness to have an influence on box office. Further, as the studies that have examined whether eWOM factors are significant in box office performances for the international markets other than US are lacking, this study is targeting Korean markets to validate the effect of eWOM on box office.
Design/methodology/approach
This study used publicly available data from www.naver.com to build a sample of online review data concerning box office. The final sample of the study included 2090 movies.
Findings
The results indicated that in cases when the review is helpful, the number of reviews and review length are more greatly influencing box office. Review rating, review extremity, and helpfulness for reviewer are important determinants for review helpfulness.
Practical implications
Managers can concentrate on the review rating and review extremity of online customer reviews in the design of online sites for movies. The design of user review systems can follow the direction that promotes more helpfulness for online user reviews based on an enhanced understanding of what drives helpfulness voting.
Originality/value
Given that previous studies on the effect of review helpfulness on box office are lacking, it contributes to eWOM literature by investigating the impact of review helpfulness on box office revenue.
Details
Keywords
Sangjae Lee and Joon Yeon Choeh
The purpose of this paper is to suggest important determinants for helpfulness from the reviews’ product data, review characteristics, and textual characteristics, and identify…
Abstract
Purpose
The purpose of this paper is to suggest important determinants for helpfulness from the reviews’ product data, review characteristics, and textual characteristics, and identify the more crucial factors among these determinants by using statistical methods. Furthermore, this study intends to propose a classification-based review recommender using a decision tree (CRDT) that uses a decision tree to identify and recommend reviews that have a high level of helpfulness.
Design/methodology/approach
This study used publicly available data from Amazon.com to construct measures of determinants and helpfulness. To examine this, the authors collected data about economic transactions on Amazon.com and analyzed the associated review system. The final sample included 10,000 reviews composed of 4,799 helpful and 5,201 not helpful reviews.
Findings
The study selected more crucial determinants from a comprehensive group of product, reviewer, and textual characteristics through using a t-test and logistics regression. The five important variables found to be significant in both t-test and logistic regression analysis were the total number of reviews for the product, the reviewer’s history macro, the reviewer’s rank, the disclosure of the reviewer’s name, and the length of the review in words. The decision tree method produced decision rules for determining helpfulness from the value of the product data, review characteristics, and textual characteristics. The prediction accuracy of CRDT was better than that of the k-nearest neighbor (kNN) method and linear multivariate discriminant analysis in terms of prediction error. CRDT can suggest better determinants that have a greater effect on the degree of helpfulness.
Practical implications
The important factors suggested as affecting review helpfulness should be considered in the design of websites, as online retail sites with more helpful reviews can provide a greater potential value to customers. The results of the study suggest managers and marketers better understand customers’ review and increase the value to customers by proving enhanced diagnosticity to consumers.
Originality/value
This study is different from previous studies in that it investigated the holistic aspect of determinants, that is, product, review, and textual characteristics for classifying helpful reviews, and selected more crucial determinants from a comprehensive group of product, reviewer, and textual characteristics by using a t-test and logistics regression. This study utilized a decision tree, which has rarely been used in predicting review helpfulness, to provide rules for identifying helpful online reviews.
Details
Keywords
Eugene J. S. Won, Yun Kyung Oh and Joon Yeon Choeh
This study aims to provide a way to derive inter-brand similarities from user-generated content on online brand forums, which enables the authors to analyze the market structures…
Abstract
Purpose
This study aims to provide a way to derive inter-brand similarities from user-generated content on online brand forums, which enables the authors to analyze the market structures based on consumers' actual information searching and sharing behavior online. This study further presents a method for deriving inter-brand similarities from data on how the sales of competing brands covary over time. The results obtained by the above two methods are compared to each other.
Design/methodology/approach
In drawing similarities between brands, the authors utilized a newly proposed measure that modified the lift measure. The derived similarity information was applied to multidimensional scaling (MDS) to analyze the perceived market structure. The authors applied the proposed methodology to the imported car market in South Korea.
Findings
In light of some clear information such as the country of origin, the market structure derived from the presented methodology was seen to accurately reflect the consumer's perception of the market. A significant relevance has been found between the results derived from user-generated online content and sales data.
Originality/value
The presented method allows marketers to track changes in competitive market structures and identify their major competitors quickly and cost-effectively. This study can contribute to improving the utilization of the overflowing information in the big data era by proposing methods of linking new types of online data with existing market research methods.
Details