The disruptometer: an artificial intelligence algorithm for market insights

Mimi Aminah binti Wan Nordin, Dmitry Vedenyapin, Muhammad Fahreza Alghifari, Teddy Surya Gunawan

Abstract


Social media data mining is rapidly developing to be a mainstream tool for marketing insights in today’s world, due to the abundance of data and often freely accessed information. In this paper, we propose a framework for market research purposes called the Disruptometer. The algorithm uses keywords to provide different types of market insights from data crawling. The preliminary algorithm data-mines information from Twitter and outputs 2 parameters-Product-to-Market Fit and Disruption Quotient, which is obtained from a brand’s customer value proposition, problem space, and incumbent space. The algorithm has been tested with a venture capitalist portfolio company and market research firm to show high correlated results. Out of 4 brand use cases, 3 obtained identical results with the
analysts ‘studies.

Keywords


Artificial intelligence; Market research; Social media data mining; Twitter

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DOI: https://doi.org/10.11591/eei.v8i2.1494

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