Responding to the voice of the markets: an analysis of Tripadvisor reviews of UK retail markets

被引:5
|
作者
Taecharungroj, Viriya [1 ]
Warnaby, Gary [2 ]
Parker, Cathy [2 ]
机构
[1] Mahidol Univ Int Coll, Salaya, Nakhon Pathom, Thailand
[2] Manchester Metropolitan Univ, Inst Pl Management, Manchester, Lancs, England
关键词
Markets; Market experience; Online reviews; Tripadvisor; Latent Dirichlet allocation; Retail markets; USER-GENERATED CONTENT; FARMERS MARKETS; ONLINE REVIEWS; SERVICE QUALITY; LOW-INCOME; HOSPITALITY; CONSUMERS; TOURISM; EXPERIENCES; RATINGS;
D O I
10.1108/JPMD-02-2020-0016
中图分类号
F [经济];
学科分类号
02 ;
摘要
Purpose The purpose of this paper is to investigate the experience of visitors to UK markets by analysing their Tripadvisor reviews to identify perceived experiential dimensions with a view to informing actions by those responsible for market management to provide a better consumer experience. Design/methodology/approach This research analysed 41,071 Tripadvisor reviews of 61 UK markets. A latent Dirichlet allocation machine learning algorithm was conducted to identify the experience dimensions of visitors. A text analysis was performed to indicate salience and valence of commonly used words. Findings Five dimensions of experience are identified: atmosphere, merchandise, local variety, food and disappointment, together with the underlying factors that drive positive experience. Practical implications Place and market managers should assess and position their market informed by diverse experiential dimensions. They should also improve and enhance the experience of visitors according to the underlying factors of each dimension. Originality/value Retail markets have historically played an important role in the development of urban places. However, the ability to continue performing this role requires a greater understanding of how markets are perceived by those who use them. One way to achieve this is to use emergent technologies to inform decision-making by those responsible for their management. It demonstrates the potential of a new analytical technique using digital technologies to improve one of the oldest forms of retailing.
引用
收藏
页码:180 / 200
页数:21
相关论文
共 50 条
  • [1] Understanding Tourists' Experiences at Local Markets in Phuket: An Analysis of TripAdvisor Reviews
    Sangkaew, Nichapat
    Zhu, Hongrui
    [J]. JOURNAL OF QUALITY ASSURANCE IN HOSPITALITY & TOURISM, 2022, 23 (01) : 89 - 114
  • [2] Comparing shopping experiences in department stores and street markets: a big data analysis of TripAdvisor reviews
    Phucharoen, Chayanon
    Jarumaneerat, Tatiyaporn
    Sangkaew, Nichapat
    [J]. INTERNATIONAL JOURNAL OF CULTURE TOURISM AND HOSPITALITY RESEARCH, 2022, 16 (01) : 259 - 275
  • [3] The effect of liberalizing UK retail energy markets on consumers
    Price, CW
    [J]. OXFORD REVIEW OF ECONOMIC POLICY, 2005, 21 (01) : 128 - 144
  • [4] The asymmetric impact of economic policy uncertainty on global retail energy markets: Are the markets responding to the fear of the unknown?
    Ogbuabor, Jonathan E.
    Ukwueze, Ezebuilo R.
    Mba, Ifeoma C.
    Ojonta, Obed I.
    Orji, Anthony
    [J]. APPLIED ENERGY, 2023, 334
  • [5] Responding to markets
    不详
    [J]. FORESTRY CHRONICLE, 1999, 75 (02): : 206 - 206
  • [6] RESPONDING TO ONLINE REVIEWS IN COMPETITIVE MARKETS: A CONTROLLED DIFFUSION APPROACH
    Yang, Mingwen
    Eric Zheng, Zhiqiang
    Mookerjee, Vijay
    Chen, Hongyu
    [J]. MIS QUARTERLY, 2023, 47 (01) : 161 - 194
  • [7] Management of traditional retail markets in the UK: comparative case studies
    Hoang, Dong
    Barnes, Cathy
    Munroe, Olga
    [J]. INTERNATIONAL JOURNAL OF RETAIL & DISTRIBUTION MANAGEMENT, 2019, 47 (05) : 530 - 551
  • [8] SPATIAL RETAIL MARKETS
    CLAYCOMBE, RJ
    [J]. INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 1991, 9 (02) : 303 - 313
  • [9] Risk Analysis of Transactive Energy Retail Markets
    Toquica, David
    Amara, Fatima
    Malhame, Roland
    Agbossou, Kodjo
    Henao, Nilson
    Oviedo, Juan C.
    Rueda, Luis
    [J]. IEEE TRANSACTIONS ON INDUSTRY APPLICATIONS, 2024, 60 (01) : 1611 - 1621
  • [10] Analysis of Retail Markets: Evidence from Slovakia
    Kotulic, Rastislav
    Marchevska, Martina
    [J]. EDUCATION EXCELLENCE AND INNOVATION MANAGEMENT: A 2025 VISION TO SUSTAIN ECONOMIC DEVELOPMENT DURING GLOBAL CHALLENGES, 2020, : 14820 - 14831