2016
DOI: 10.5370/jeet.2016.11.1.227
|View full text |Cite
|
Sign up to set email alerts
|

Nowcast of TV Market using Google Trend Data

Abstract: -Google Trends provides weekly information on keyword search frequency on the Google search engine. Search volume patterns for the search keyword can also be analyzed based on category and by the location of those making the search. Also, Google provides "Hot searches" and "Top charts" including top and rising searches that include the search keyword. All this information is kept up to date, and allows trend comparisons by providing past weekly figures. In this study, we present a predictive model for TV marke… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
2
1

Citation Types

0
7
0

Year Published

2017
2017
2022
2022

Publication Types

Select...
5

Relationship

0
5

Authors

Journals

citations
Cited by 8 publications
(7 citation statements)
references
References 11 publications
(14 reference statements)
0
7
0
Order By: Relevance
“…GT data was proven to be effective in terms of modeling other areas such as marketing and information security. Youn and Cho (2016) used GT data and Autoregressive Integrated Moving Average (ARIMA) models to conduct nowcast for TV market of a few brands and was able reveal the correlation. Accurate prediction for the near future of the market was obtained.…”
Section: Introductionmentioning
confidence: 99%
“…GT data was proven to be effective in terms of modeling other areas such as marketing and information security. Youn and Cho (2016) used GT data and Autoregressive Integrated Moving Average (ARIMA) models to conduct nowcast for TV market of a few brands and was able reveal the correlation. Accurate prediction for the near future of the market was obtained.…”
Section: Introductionmentioning
confidence: 99%
“…The global search engine market share of Google is 92.41% in March 2021(StatCounter 2021 ). Google is widely used by people because the search algorithm of Google is superior (Youn and Cho 2016 ).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Online search data represent the attention individuals pay to specific topics (Li and Law 2019 ). Previous research show that search engine query data has been used to forecast a variety of things, such as unemployment (Choi and Varian 2012 ; Suhoy 2009 ), housing (McLaren and Shanbhogue 2009 ; Wu and Brynjolfsson 2009 ), gun sales (Scott and Varian 2013 ), automobile purchases (Carriere-Swallow and Labbe 2011 ; Jun 2012 ), tourist inflow (Park et al 2017 ; Artola and Martinez Galán 2012 ), diseases (Ginsberg et al 2009 ; Althouse et al 2011 ), auto, house, retail and tourism (Choi and Varian 2009 ), feature films, video games and rank of song on the Billboard Hot 100 chart (Goel et al 2010 ), private consumption (Schmidt and Vosen 2011 ), TV market (Youn and Cho 2016 ), algorithm offer (Fang and Chen 2016 ) and more. As can be seen from the above studies, many studies started to pay attention to Internet search data in terms of forecasts.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Google Trends data can be used as a measure of the likelihood of users' searches by a particular term via Google.com (Kumar et al, 2018). Youn and Cho (2016) demonstrated that their analysis on keyword search records on Google Trends (e.g. flu search versus actual flu patients) shows the positive correlation between users' search data and actual flu patient data.…”
Section: 4mentioning
confidence: 99%