Social media can be used as a viable data set to make predictions. We successfully predicted 4/5 Oscar winners this year using social media. How could you use it for your business?
13. DIFFICULTIES
Not all nominees had social media accounts
Voting is not public
Film industry relies on traditional marketing
14. (FILM STUDIOS COULD DO
BETTER. SOME HAVE. SEE OUR
CASE STUDY ON THE HUNGER
GAMES.)
15. WHATDOESTHIS MEANFOR BUSINESS?
If you are running publically voted for competitions,
be aware of social media’s impact.
Social media will become a key data set for
predictions. Don’t ignore it!