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Investigating the Value of Sports Footwear Brands using Natural Language Processing Methods

izvorni znanstveni rad

izvorni znanstveni rad

Investigating the Value of Sports Footwear Brands using Natural Language Processing Methods

Vrsta prilog sa skupa (u zborniku)
Tip izvorni znanstveni rad
Godina 2024
Nadređena publikacija 9th International Scientific-Business Conference Leadership, innovation, management and economics: integrated politics of research : LIMEN 2023 : Conference Proceedings
Stranice str. 105-115
DOI https://doi.org/10.31410/LIMEN.2023.105
Status objavljeno

Sažetak

Determining the value of brands and comparing them by analyzing key elements such as identity, image and value is important for marketing measures and the branding of products or services. This paper presents research findings based on innovative methods for determining the significance and value of sports footwear brands. Natural Language Processing (NLP) techniques are used to analyze extensive text content collected from sports footwear-related websites. To determine the most relevant sports footwear brands, NLP techniques are used for topic modeling based on the Latent Dirichlet Allocation (LDA) method. LDA is an unsupervised method used to determine the topics addressed in the analyzed texts by extracting the most significant words in these topics. The importance of these identified brands in the text corpus is determined using the Semantic Brand Scores method, which uses graph theory to determine the importance of the brand in the text corpus based on three dimensions: prevalence, diversity and connectivity.

Ključne riječi

Brand significance; Brand value; Natural Language Processing; Topic modeling; Semantic Brand Score