Measuring Social Media Influencer Index
Measuring Social Media Influencer Index
Measuring Social Media Influencer Index
Keywords: The growth of social media has completely revamped the way people interact, communicate and engage. These
Social media analytics platforms play a key role in facilitating greater outreach and influence. This study proposes a mechanism for
Influencer measuring the influencer index across popular social media platforms including Facebook, Twitter, and
Regression modelling Instagram. A set of features that determine the impact on the consumers are modelled using a regression ap-
Internet marketing
proach. The underlying machine learning algorithms including Ordinary Least Squares (OLS), K-NN Regression
(KNN), Support Vector Regression (SVR), and Lasso Regression models are adapted to compute a cumulative
score in terms of influencer index. Findings indicate that engagement, outreach, sentiment, and growth play a
key role in determining the influencers. Further, the ensemble of the four models resulted in the highest accuracy
of 93.7% followed by the KNN regression with 93.6%. The study has implications across various domains of e-
commerce, viral marketing, social media marketing and brand management wherein identification of key in-
formation propagators is essential. These influencer indices may further be utilized by e-commerce portals and
brands for the purpose of social media promotion and engagement for larger outreach.
Corresponding author.
∗
E-mail addresses: [email protected] (A. Arora), [email protected] (S. Bansal), [email protected] (C. Kandpal),
[email protected] (R. Aswani), [email protected] (Y. Dwivedi).
https://doi.org/10.1016/j.jretconser.2019.03.012
Received 4 January 2019; Received in revised form 26 February 2019; Accepted 17 March 2019
Available online 26 March 2019
0969-6989/ © 2019 Elsevier Ltd. All rights reserved.
A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
specific industry like Bollywood (Hearn and Schoenhoff, 2016), Tel- modelling. Finding and interpretation of all models and influence
ecom (Doyle, 2008), News, etc. These social media influencers have ranking results are detailed in section 5. Further, contribution to ex-
connections with large audience and others can also support and trust isting knowledge and implications are described in section 6 followed
them due to their admirable authenticity and position (Lou and Yuan, by concluding remark in section 7.
2018).
It becomes critically essential for brands to identify the right in- 2. Literature review
fluencers across the web through social media to promote their pro-
ducts and services (Booth&Matic, 2011; Huang et al., 2014). Brands can The exponential increase in the amount of content generated
directly leverage this to improve and enhance public relations by pro- through social media forces the network participants to strive for
moting their offerings for higher engagements (De Vries et al., 2011). greater attention and subsequent influence on the information takers
Identification of social media influencer can be the most important (Trusov et al., 2010). Literature highlights that influence can be easily
influence marketing strategies to increase the brand's influence on the predicted by URL clicks amongst other important metrics (Romero
target audience via their influencers (Lou and Yuan, 2018). Social et al., 2011). It is further evident that people can better leverage the
media influence thus plays a key role in this context at different levels power of social media by paying attention to the content outreach along
(Romero et al., 2011; Aggrawal et al., 2017). Businesses need social with focusing on extending networks (Lipsman et al., 2012). Existing
influence to connect with their existing and prospective customers studies also focus on different forms of social media including blogs and
(Mangold and Faulds, 2009). It is an essential requirement for greater conclude that these elite media outlets gain immense traction and have
interaction and engagement with the potential customers (De Vries, a subsequent social influence on the information consumers (Meraz,
Gensler and Leeflang, 2012). Further, it can also be beneficial for in- 2009; Berthon et al., 2012). This section is divided in three subsections
creasing the visibility in various online communities subsequently which includes Social media usage for influence identification;
leading to a greater outreach (Yang and Kent, 2014).
Influence is the ability to drive action and receive people's en- 2.1. Social media usage for influence identification
gagement on a post which is shared by a strong social influencer on
social media or in real life(Freberg et al., 2011). Since the internet is Social media platforms have led to entirely new ways of interaction,
now flooded with large number of influencers - celebrities, athletes, communication and engagement (Hansen et al., 2011). Because of the
musicians etc., it is necessary to cut through the noise and identify the availability of plethora of social networking and media options, it is not
right category of influencers at the right time (Gillin, 2008). However, a surprise that marketing professionals are very actively exploring these
computing the influencer index (Morone et al., 2016) is not a platforms for influencing their potential consumers (Hanna et al.,
straightforward task and requires the assessment of many data points 2011). Recent study by (Weeks et al., 2017) claims that opinion leaders
captured from various sources. Moreover, social media data is also not can be influential and can persuade their peers about news, movies,
structured in nature. Though it is available in plenty it needs the right politics, etc. on social media. Everyone has an influence on social media
approach to dissect the data into meaningful features (Kiss and Bichler, which could be predicted using an individual's attributes and historical
2008). Further, it is important to use the features from social media activities (Bakshy et al., 2011). Studies in literature explore the influ-
data and regress them in order to generate the influence index. The ence and propagation of content through Twitter (Aswani et al., 2017a;
elements which play a major role in the influencer index are - total Bakshy et al., 2011; Cha et., 2010), Facebook (Aswani et al., 2017b;
engagement, total reach, total sentiment, and total growth(Aggrawal Cavalli et al., 2011), GitHub (Bana and Arora, 2018) and other popular
et al., 2018). platforms. The impact is evident in various domains including health-
This research work is done to measure influencer index on varying care (McNeill and Briggs, 2014), education (Tess, 2013), business
social media portal. Basic statistical measures which are commonly (Qualman, 2010), Coding portal (Bana and Arora, 2018), fashion
used by researchers are not able to learn the system. Due to the same, marketing (Wiedmann et al., 2010).
various machine learning regression models- OLS, KNN, SVM and Lasso Apart from organizations, there are multitude of individuals in-
Regression model are applied to measure influence of various celeb- cluding celebrities, actors, bloggers, politicians who voice their opinion
rities on various social media applications. Basically, consumers' reac- on these platforms and act as influencers for the masses (Cha et al.,
tions towards the posts are considered as features. The above men- 2010; Dix et al., 2010; Fraser and Brown, 2002). They share their
tioned varying learning model will measure the influence of celebrities opinions, views, experiences and even daily routine activities that are
based on their reactions on the celebrities’ posts which is known as known to influence their viewers, fans and followers across the globe.
feature engineering. Therefore, a solution for influencer indexing using These influencers use a combination of these platforms for content
feature engineering and linear modelling techniques is proposed in this dissemination and larger outreach. Studies in literature highlight fra-
work which is a generic approach and can be applied to any social meworks that describe factors like spread ability, propagation, in-
media application to identify niche of influencers. Even, An ensemble tegration and nexus for content popularity (Mills, 2012). Neystadt et al.
learning model has also been developed to measure impact of influ- (2012) identified social influencers based on usage context and influ-
ences from social media data. The objective to propose this model is to encer type. Freberg et al., 2010) mentioned influences as third party
get better influencer index accuracy. This learning model can be endorser and they divert audience attitude through various social
adopted by brands to discover influencers based on their specific needs media platforms and Blogging sites.
and requirements. The article further in detail discusses the data used in
the model, feature engineering techniques, regression models, and 2.2. Identified knowledge gaps and research contributions
lastly, showcases the results in the form of influence indices.
The presentation of research work is divided in six sections- First Influencer marketing is often done by brands for building strong
section discusses the need to model influencer from social media con- relationships with the consumers via influencers, a strategy that is
tent. Literature on the same direction is discussed in section 2 followed mutually beneficial to everyone (Woodcocket al., 2011). The pre-
by social media usage for influence identification, identified knowledge liminary study in this direction is performed by (Lagree et al., 2017) in
gaps and research contributions. Third section provides a theoretical relation to the new form of online marketing known as influencer
basis to the study and focuses on research questions with reference to marketing. In their work, an empirical analysis is applied on twitter
hypothesis of the study. Research methodology for the study is dis- data. Influence marketing is basically to connect online personas with
cussed in section four which consists of four subsections-data pro- brands based on trust and engagement of target audiences on regular
curement, feature engineering, feature normalization, and regression basis (Childers et al., 2018). With the increase in the number of
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A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
offerings by various brands, consumers often look out for authenticity social media content based influence measurement issue. Although, five
from the brands they interact with. For introducing familiarity and trust machine learning standard algorithms- Naïve bayes, k-nearest neigh-
factor, brands often use influencer experiences shared on both social bours, decision trees, support vector machines, and logistic regression
media and traditional media along with their posts and commercials are used by Ma et al. to predict popularity of a new hashtag on Twitter
respectively (Lou and Yuan, 2018). This makes the product more re- (Ma et al., 2013). The broad ambit of social media attracted computer
levant and trustworthy to the consumers. scientist to provide support to numerous business related activities such
Literature highlights that the emerging influencer community is as advertisement (Goeldi, 2011), recommendation (Taneja et al., 2018,
exercising significant power over brand perceptions (Childers et al., 2019), product popularity prediction (Jamali et al., 2009), etc. In order
2018). In Childers et al. work, influence marketing based research tries to glean useful business intelligence knowledge from extracted social
to find out insights and perception of influence marketing and for this media information, researchers used both supervised (He, 2013; Kelly
experiment data is collected by interviewing professionals of 19 ad- et al., 2015) and unsupervised machine learning techniques (Anshary
vertisement agencies. Lagree et al., in 2017 proposed a diffusion model and Trilaksono, 2016; Pham and Simoiu, 2016). Dai et al. proposed a
to overcome online influence marketing with persistence (OIMP) pro- decision support model in which researcher presents a Mining En-
blem and worked on real data gathered from twitter. Most recent work vironment for Decision (MinEDec) framework (Dai et al., 2011). It
in this direction is done by (Mallipeddi et al., 2018). This work has been analyzes unstructured data to gain business intelligence for a specific
done in two directions-selection of influencers and scheduling of in- outcome such as rival tracking, Environment change detection, stra-
fluencers’ ads on real data from twitter. Further, a polynomial time tegic matrix etc for competitive intelligence. Hence, machine learning
heuristic model is introduced to provide optimal solution. approaches have been used by researchers in order to solve business
These works have further been driven by the rampant growth of intelligence problem with respect to social media but influence in-
social media which acts as the major platform for influencer commu- dexing is not attempted yet using ML techniques. Various text mining
nication and subsequent engagement (Nabi, O'Cass and Siahtiri, 2019). and analysis tools have also been used to facilitate in this regard such as
McCormick has investigated celebrity endorsement and measured in- SPSS Clementine text mining tool, Nvivo 9, AMOS 18.
fluence of a product endorser (i.e. celebrity) in order to match con- Social media influence indexing is considered appropriate to eval-
sumers attitudes and purchase intentions (McCormick, 2016). Further, uate potential users those are main source of enhancing post influence
the selection of influencer is also very important when he/she has to be and influencers can be exposed based on various measures such as-size
chosen to be affiliated to the brand. Even, consumer purchase intention of their social media audience, page engagement, and page views
is influenced by credibility and parasocial interaction of social media Gaining post influence is the top most priority of all brand marketers.
application which is tested on Instagram and Youtube by Sokolova Higher influence on a specific social media leads to higher engagement
et al., in 2019 (Sokolova and Kefi, 2019). It is thus critical to establish and higher visibility of content and helps in increasing the high order of
an influencer index across social media platforms to enable selection of discussion among users. This helps post to get viral in market and also
influencers by various brands (Byrne et al., 2017). Undoubtedly, tech- can be used for online advertisement purpose. The following research
nologies need to be developed in order to identify and trace influencer questions are investigated in this research study:
on the basis of their content dissemination on varying social media
RQ1. What is the impact of social media engagement, outreach and
portals.
sentiment (in discussions) on social influence index?
Researchers worked on influence tracing based on context and in-
fluencer type but influencers’ role on varying social media portals is In recent study, Sokolova and Kefi investigated the persuasive cues
untouched area and needs in-depth exploration (Mittal et al., 2017). of fashion and beauty influencers based on Youtube and Instagram
However, to the best of our knowledge there are no studies in literature content. Study refers that the audience created para-social interaction
that have taken into consideration an integration of metrics from var- with the influencer (Sokolova and Kefi, 2019). This study claims that
ious platforms for measuring the influence on the target audience. The attitude homophily positively affect para-social interactions. On similar
role of machine learning approach to resolve influence indexing pro- ground, impact of audience engagements on social influencers’ content
blem is also not explored in existing literature. is questionable which is tried to resolve in this research work.
Based on above facts, this study tries to: (a) identify the ever Indeed, social network consumer behaviour is an important and
growing impact of varying social media platforms and its impact on the essential factor to recognize social media influence. Furthermore, an
masses; (b) measure relevant attributes from three popular platforms- attempt is presented to conceptualize the impact of social media en-
Facebook, Twitter and Instagram; (c) compute an influencer index for gagement, outreach and sentiment of a specific discussion on influencer
the top celebrities in the Indian movie industry using identified relevant indexing. Some multidimensional factors with respect to a specific topic
attributes; and (d) predict the influencer index of top celebrities using posts are: people-talking-about, likes-count, followers, engagement,
machine learning approaches. outreach, posting rate, post-sentiment etc. These factors seem useful to
conform to social influence/prestige. The Bollywood celebrities are
3. Theoretical basis and hypotheses development chosen as application domain from three well known social media
platforms- Facebook, Twitter, and Instagram.
To the best of my knowledge, there is no study in the literature Therefore, to investigate RQ1, following hypothesises are framed:
which highlights how the social influence can be measured on social
media sites in relation to the users’ engagements. Therefore, there is a • H1: Average likes on Instagram has maximum impact for defining
need to introduce a method which can be used to measure social in- social influence as compared to other factor of twitter and Facebook.
fluence of a celebrity based on how intimately they are able to engage
users with their post. Various computing approaches such as To test the significance of features of all three social media plat-
Evolutionary algorithm (Agarwal and Mehta, 2018), Nature inspired forms regarding social influence two models of multiple linear regres-
algorithm (Aswani, Ghrera, Kar and Chandra, 2017) and machine sion (MLR) are applied. These MLR models are- Ordinary Least Squares
learning approaches (Joseph et al., 2018) are used by researchers as (OLS), support vector machine regression (SVM). These MLR are used
learning mechanism on other social media issues. Classification models to test which features of different social media has maximum impact for
are also used to learn the tweets for predicting test data (Joseph et al., defining social influence the average and whether Instagram likes give
2018). maximum impact to social influence.
Henceforth, machine learning models had been used as the theo-
retical lens for framing the context of learning model in order to resolve • H2: Total engagements garnered by the post of Instagram are more
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impactful as compared to twitter engagement and Facebook en- major OSNs are - facebook as relationship network, Instagram as media
gagement. sharing network and Twitter as social publishing network. Celebrities
end up posting multiple contents across these platforms while availing
Other than OLS and SVM regression, one more multiple linear re- these services. Indeed, celebrities post content on multiple OSN based
gression model- Lasso regression is experimented. All three models on their popularity. Each and every celebrity has variable influence on
prove that Instagram total engagements are putting better impact as varying social media sites but still no approach exist to measure social
compared to twitter and Facebook. influence on all social media applications. On different social media
platform, influence of each one is measured with a set of weighted at-
• H3: Different features have varying significance for varying social tributes in accordance of that specific portal. Based on this hypotheses
media platforms. H5 and H6 are spotted.
To validate the significance and impact of consumers four multiple • H5: A celebrity has distinctive exposure across OSNs, thereby con-
linear regression models- OLS, SVM regression, KNN-Regression, and tributing different influence index on different OSN.
Lasso regression are modelled. These models are used to identify the • H6: Diverse user actions on diverse social media play an important
greatest impact features i.e. factor those affect social influence max- role for measuring accurate influence.
imal.
The subsequent section focuses on the analysis to address the
RQ2. How social media engagements had been associated to identify
identified research questions using a mixed research methodology
top social media influencers?
comprising of social media analytics and machine learning approaches
Social media contains number of factors which influence customer used in the study.
engagements. Media and content type of posts is the most significant
effect examined by Farook et al.. In their work five factors those sig- 4. Research methodology
nificantly affect the influence (Farook and Abeysekara, 2016) are re-
vealed. One more study claims that identification of engagement has The current study uses a mixed researchmethodology comprising of
the significant impact on customer engagement (Prenticeet al., 2019). aspects of social media analytics along with machine learning ap-
Hence, this proves that social media is shaping influencers based on proaches to compute the influencer index across different social media.
their interaction on various platforms. These reactions controls and Social influence using agent based simulation and regression model has
influences the consumer behaviour. Undoubtedly, Social media has been measured by Chan (2017). In this research, agent interaction by
become the integral part to influence the society. exchanging social belief and their aggregated neighbours (social con-
The multiple linear regression (MLR) models are used to identify top nections) belief is described by linear regression model.
influencers. An ensemble model is experimented in stacking order The subsequent sub-sections focus on the details of data procure-
based on accuracy of numerous applied MLR models. Best accuracy is ment, feature engineering, feature normalization, regression modelling
achieved by ensemble model, hence this is used for influencer identi- and subsequent ranking of influencers. The study uses multiple re-
fication result. gression approaches for exploring the best accuracy. Somewhat similar
Hence, to validate RQ2, designed hypothesis is – sort of work has been presented bypopescu et al. to explore and mea-
sure the impact of student performance using social media engagement.
RQ3. Which social media platform contributes more to the influencer
Students’ active participation has been explored on three social media
index and how much accuracy has been achieved in social influence
tools: wiki, blog, and microblogging (popescu et al., 2016). They have
index assignment?
applied multiple linear regression model to predict final grades. Their
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actors and others. modelling and analysis. However, since the current study deals with a
The second component of this pipeline is the data connectors which specific domain/problem statement, a set of desired features have been
are responsible for pulling out the relevant data from the social media generated from the existing ones. For the purpose of influencer iden-
platforms using the defined seed inputs. A Twitter Rest API, Instagram tification and influencer ranking there are six major components/
API, and Facebook Graph API are used to fetch the desired data which is buckets that are relevant for an influencer's overall rank have been
saved in as a raw file in JSON format. The social media platforms computed as a part of this study. These new features have been created
(Facebook, Twitter, and Instagram) under consideration provideseveral under every social media category. The broad feature categories include
page insights including the type of post that is adequate for engaging the Overall Footprint (OF), Engagements & Outreach (EO), Hourly
people and the number of posts that reach a certain number of users. Engagement Velocity (HEV), Daily Engagement Velocity (DEV),
Subsequently, the third component focuses on the data parsing layer Audience Sentiment (AS) and Posting Rate (PR). These groups and the
in which the raw data is parsed to generate relevant metrics used for the features categorized under the same are described subsequently.
analysis. This includes mining the overall followers for the considered
influencers, their engagements on posts, the content shared by them
and the entire meta-data associated with the post (likes, comments and 4.2.1. Overall Footprint (OF)
shares). Lastly, data linking module becomes the final component of the This metric measures the overall presence of an influencer across
pipeline. Since, thedata for same seed (same personality) is extracted three channels - Twitter, Facebook and Instagram. This head includes
from different platforms, it is essential to collate the information mined the total Facebook page likes, Instagram page likes, twitter followers
from these platforms and bundle them together. This is done by count. The raw numbers are bucketed and normalized in a standard
maintaining the seed across all the captured data and using the same as range of 0–100 using min-max normalization technique. It also includes
a unique identifier in the dataset. data-buckets & ranges created by exploratory data analysis and in-
Since the entire data collection pipeline is connected together, it has corporating domain knowledge.
the capability to fetch data at different rates and frequencies. The study raw_overall_footprint = sum(twitter followers, Instagram fol-
mines the data at different frequencies that includes minute-wise, hour- lowers, Facebook page likes, Facebook people talking about).
wise and day-wise. The dynamic data pull enabled to create greater
number of temporal features associated with the influencer. The com-
4.2.2. Engagements & Outreach (EO)
plete data comprised of 900 social influencers and their social media
This metric measures the average engagements per post garnered by
attributes obtained from different channels. The model is run on the
an influencer across the three channels. The per post engagements are
data which is obtained in a 90 day period window. The summary of
computed by measuring likes, comments, shares, retweets, and fa-
data statistics is highlighted in Table 1.
vourites counts on a post created by the influencer. These engagements
The subsequent section provides a description of the features used to
are aggregated from the influencer post level data of last 30 days from
model the social influencer index.
the current date. These engagements are normalized and bucketed in a
standard range (using the data-buckets & ranges created specifically for
4.2. Feature engineering each channel by observing and analysing the complete data of an in-
dustry.
Several features can be directly taken from social media for Total_outreach = sum(twitter replies, favourites, retweets, likes,
comments, shares, reactions).
Table 1
Data statistics summary.
Twitter API Facebook Graph API Instagram API 4.2.3. Hourly Engagement Velocity (HEV)
This metric measures the change in engagements per hour from the
Total Seeds 1074 689 783 time of creation of the post. The model considers the average engage-
Total Documents Collected 93,485 37,133 47,113
ments of first hour, second hour, fifth hour and the tenth hour. The final
Data collected minute-wise 234.73 85.05 110.565
Data collected hour-wise 14,100.55 5103.25 6634.225 score is computed by aggregating these values, which are further nor-
malized and bucketed in the similar manner as the other metrics.
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4.2.4. Daily Engagement Velocity (DEV) a common scale. Therefore, in order to calculate the normalized value
This metric is analogous to hourly engagements. However, it mea- (Z) for an observed value of x, Equation (1) is used. The normalized
sures the change in engagements per day (instead of hour) from the resultssnapshotis depicted in Table 2.
time of creation of the post. A final score is computed by aggregating
x min(x )
the average engagements of first, second and seventh day. The values Z=
[max(x ) min (x )] (1)
are then normalized using the same procedure.
facebook_span_raw_engagement = sum(likes, comments, shares) * wheremin and max are the minimum and maximum values for the
total_span_count/total_posts_collected_every_span. feature x given its range.
instagram_span_raw_engagement = sum(likes, comments, shares) *
total_span_count/total_posts_collected_every_span. 4.4. Regression modelling
twitter_span_raw_engagement = sum(retweets, favourites, replies)
* total_span_count/Total_posts_collected_every_span span - > “hour”, The initial impetus in this direction is tested by anagnostopoulos
“minute”, “day”, “week” et al., they have applied logistic regression to quantify the extent of
social relationship and proves that influence is likely source of corre-
4.2.5. Audience sentiment (AS) lation with the help of shuffle test (Anagnostopoulos et al., 2008). A
This metric measures average audience sentiment from audience hierarchical classification scheme is proposed in a survey paper which
comments and mentions. Higher the value of this number means more depicts that quantitative assessment methods-influence metrics, in-
positive sentiment is observed from the audience conversations, lower formation flow and influence model (including machine learning
value of this number implies more negative sentiment is observed from models), network/graph properties exist in literature to model social
the audience conversations. influence. Even, qualitative assessment is also possible using social
The overall positive and negative sentiment in the influencer tweets modelling, social matching, and community detection (Razis et al.,
and posts is computed. The bag of words classifier has been adopted to 2018).
compute the negative, positive, or neutral sentiment of the data. The problem under consideration in this study is surrounding in-
fluencer indexing which is a classical regression problem. When it
4.2.6. Posting rate (PR) comes to user engagement on social media, some social media users
This metric measures the average posting rate for the influencer. It have higher engagement on these platforms and tend to tweet/post
is a measure of the rate at which influencers make the most, if the value more often as compared to others. Thus, the features used for the
is too low means influencer is less active on social media channels, if it prediction of social influence has the values in continuous ranges and so
is high influencer is most active. is our target variable, influencer index becomes a continuous variable
The system is designed to calculate the span dynamically by un- to estimate. Regression analysis comes as the perfect choice to solve the
derstanding the overall post distribution of the influencers. For ex- problem at hand. The concept of regression expresses a statistic con-
ample, if an influencer posts very frequently, his span period is defined nection indicating the average regression on the behaviour of variables.
as “minute”, if it posts moderately slowly, its span period will be The target variable in this case is computed by combining influencer
“hour”, or it posts really slow then its span will be “weekly”. lists for actual brands. The study uses a collection of influencer data for
twitter_posting_rate = # of tweets/total_spans. specific brands across different industries including Entertainment,
instagram_posting_rate = # of instagram posts/total_spans. Sports and Publishing amongst others. The list is collated by combining
facebook_posting_rate = # of facebook posts/total_spans. 43 Indian brands comprising of a combined influencer list of about
Table 2 lists the 39 features for every bucket with the category and 1000 Celebrities, Bloggers and YouTubers.
source of extraction stated against the component being considered. For The model is adopted to explain the variation of the influencer
daily and hourly engagement [plat] may be replaced by fb (Facebook), index across instances. The variation of the dependant variable is ex-
tw (Twitter) and insta (Instagram) resulting in a set of 18 features on plained by computed its covariance with the independent variables.
temporal engagement. The independent variables in the current study include the average
Instagram likes, Average Tweets, and Facebook posts to name a few. A
4.3. Feature normalization Multiple Linear Regression (MLR) model is used to compute the influ-
encer index. Equation (2) describes the mathematical model.
The collected data and extracted features vary largely in terms of
y= + 1 x1 + 2 x2 + ........ + k xk + (2)
range of values and are on different scales. For instance, the total 0
footprint of an influencer may lie between 100,000 and 500000 while where, y is the explained variable; x1, x2 ......xk are thek explanatory
the posting rate may be between 10 and 100. On the other hand the variables, 0, 1, ....... k are the model parameters and is the specifi-
range for audience sentiment may be as low as −2 to 2. In scenarios cation error being the difference between the true and the specified
like the one discussed, if a simple regression metric is used to model the model.
problem, the Audience Sentiment feature will not play any significant Further, to model the above defined regression problem the study
role because it is several orders smaller as compared to other features. uses three primary implementations including Ordinary Least Squares
This feature, which on the contrary, seems insignificant, may actually (OLS) (Craven and Islam, 2011), K-NN Regression (KNN) (Hastie &
contain extremely important information which can be useful for Tibshirani, 1996), Support Vector Regression (SVR)(Basaket al., 2007)
computation of the final outcome. Thus, using these features without and Lasso with cross validation (Tibshirani, 1996). While adopting such
normalization may bias the outcome in favour of the feature with larger models for regression problems, the main motive is to identify the Best
computing the outcome values. If the scales for different features are Linear Unbiased Estimator (BLUE). The basic idea is toidentify which
wildly different, this can have a knock-on effect on the ability of re- variables have a greater impact in creating social influencer index or in
gression models to learn. Hence, in order to make the contribution of other words which features are more important having a positive/
these features equal while, it is always a pre-requisite to normalize the higher weight in comparison to others. Thus, in order to achieve the
data which brings the features on the same scale. A depiction of few desired results the study attempts to analyse the data by regressing the
instances prior to the normalization process is shown in Table 3. target variable (influencer index) using OLS, KNN, SVR and Lasso.
The study uses min-max normalization to scale every feature in the For the initial comparison among the identified models, Grid
range of 0–100. Min-max normalization is often adopted for feature searching and Parameter Grid is applied to text the model performance
scaling where the values of a numeric range of a feature are reduced to based on data learning and relationship with the target variable. The
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Table 2
Feature for influencer index computation.
Feature Category Source Acronym Definition
People Talking About Overall Footprint (OF) Page facebook_PTA This is the number of people who have created a story from your Page post in the form of liking, commenting, sharing the page's posts
Total Likes Page *_likes Total Number of Likes on the Facebook page of the brand
Twitter Followers Timeline twitter_followers Total number of twitter followers of the brand's twitter handle
Instagram Followers Page instagram_followers Total number of followers of the brand page on Instagram
Average Engagement
Twitter Engagement (EO) Tweet avg_eng_tw This number is derived as the average of the sum of retweets and favourites on a tweet over all the tweets made by the brand
Instagram Post avg_eng_insta This number is derived as the average of the sum of likes, comments and shares on an Instagram post over all of the Instagram posts of the brand
Facebook Post avg_eng_fb This number is derived as the average of the sum of likes, comments and shares on an Facebook post over all of the Facebook posts of the brand
Aggregated Likes/Favorites/Shares/Comments/Retweets
LikesFacebook Outreach (EO) Post avg_likes_fb Average number of likes garnered by the Facebook posts of the brand
Comments Facebook Post avg_comments_fb Average number of comments garnered by the Facebook posts of the brand
Likes Instagram Post avg_likes_insta Average number of likes garnered by the Instagram posts of the brand
CommentsInstagram Post avg_ Average number of comments garnered by the Facebook posts of the brand
comments_insta
Shares Instagram Post avg_ Average number of shares garnered by the Instagram posts of the brand
92
shares_
insta
Favourites Facebook Post avg_shares_fb Average number of shares garnered by the Facebook posts of the brand
RT –Twitter Post avg_rt Average number of retweets garnered by the tweets of the brand
Engagement
Hour 1 Hourly Engagement (HEV) Post h1_tot_eng_[plat] Total engagement garnered by the posts on the platform in the 1st hour since it was posted.
Hour 5 Post h5_tot_eng_[plat] Total engagement garnered by the posts on the platform till the 5th hour since it was posted.
Hour 10 Post h10_till_eng_[plat] Total engagement garnered by the posts on the platform till the 10th hour since it was posted.
Day 1 Daily Engagement (DEV) Post d1_eng_ [plat] Total engagement garnered by the posts on the platformtill the 24th hour since it was posted.
Day 2 Post d2_eng_ [plat] Total engagement garnered by the posts on the platformtill two days since it was posted.
Day 7 Post d7_eng_tot_[plat] Total engagement garnered by the posts on the platformtill first week since it was posted.
Average Post Rate
Twitter Posting Rate (PR) Timeline avg_post_rate_tw The rate at which the brand makes tweets. This number is obtained by averaging out the time gap between successive tweets.
Facebook Page avg_post_rate_fb The rate at which the brand makes Facebook posts. This number is obtained by averaging out the time gap between successive posts.
Instagram Page avg_post_rate_in The rate at which the brand makes Instagram posts. This number is obtained by averaging out the time gap between successive posts.
Average Audience Sentiment
Twitter Audience Sentiment (AS) Replies avg_sent_tw Average value of overall sentiment computed using the bag of words approach for all the tweets.
Facebook Comments avg_sent_fb Average value of overall sentiment computed using the bag of words approach for all the Facebook posts.
Instagram Comments avg_sent_insta Average value of overall sentiment computed using the bag of words approach for all the Instagram posts.
Journal of Retailing and Consumer Services 49 (2019) 86–101
A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
Table 3
Sample data instances for raw dataset.
brand_id facebook_PTA facebook_likes twitter_followers instagram_followers max_eng_tw avg_eng_tw max_eng_fb avg_eng_fb
test takes into consideration the default parameters like C , number of popular nonlinear function that used for linear learning machine
neighbours etc. Grid Searching and Parameter Grid are applied to test mapping into high dimensional kernel induced feature space. The ca-
the performance of different models by analyzing the data learning and pacity of the system is controlled by parameters that do not depend on
relationship with the target variable. Each model is evaluated on dif- the dimensionality of feature space. Similar to how the classification
ferent parameters including accuracy (R-Squared Scores), Mean approach works there is motivation to seek and optimize the general-
Absolute Error (MAE), Mean Squared Errors (MSE) and the feature ization bounds given for the regression model.
coefficients. The parameter tuning is done using model selection The loss function often referred to as the epsilon intensive function
Parameter Grid mechanism havinggrid of parameters that possess dis- is used since it is known to ignore errors. This is also known to reach a
crete number of values for each. The weights for the model coefficients globally optimum solutionand simultaneously ensures a reliable gen-
and intercepts are extracted and plotted for linear kernels. The sub- eralization bound. In addition to this, SVR presents the solution using
sequent sub-sections discuss in detail the three regression models small subset of training points whichprovides enormous computational
adopted in the study. advantages. The dataset is scaled to train the regression model using
linear kernel as expressed in Equation (7).
4.4.1. Ordinary Least Squares (OLS) As a part of tuning the model the grid search functionality is used to
The MLR model adopted in the current study, is oftenan ideal choice test the model's accuracy and lastly the model with best hyper-para-
while modelling the linear relationship between a dependent variable meters in the grid search is adopted for computing the influencer index.
(Target) and one or more independent variables (Predictors) (Andrews, Fig. 3 highlights the features significant features along with the
1974). MLR is based on OLS, the model is fit such that the sum-of- weights.
squares of the differences of the observed and predicted values is k
minimized. The MLR model is based on several assumptions (e.g., errors f (x , w ) = wj gj (x ) + b
are normally distributed with zero mean and constant variance). Pro- j =1 (7)
vided the assumptions are satisfied, the regression estimators are op-
where, g j (x) denotes a set of nonlinear transformations, and b is the bias
timal, The optimality is judged by the fact that the estimators are-
that can be dropped in case of data having zero mean.
unbiased (expect and true value of the estimator are same), efficient
(variance is small as compared to other estimators), and consistent
(estimator bias and variance tend to approach zero as the sample size 4.4.3. K-NN regression
approaches infinity). The square of the determination coefficient K-nearest neighbours (KNN) is amongst the popular yet most simple
(DetCeof )in Equation (3) describes the proportion of variance of the algorithmsthatpredicts the numerical target based on a similarity
dependent variable explained by the regression model. measure which is often any distance functions. Over the decades KNN
has been used in statistical estimation and pattern recognition as a
SumSqTot SumSqEr popular and efficient non-parametric technique. A simple im-
DetCeof 2 = =1
SumSqReg SumSqTot (3) plementation of KNN regression is to calculate the average of the nu-
merical target of the ‘k’ nearest neighbours. Another approach uses an
where, SumSqTot , SumSqReg and SumSqEr are representatives of sum
inverse distance weighted average of the nearest neighbours. The re-
of squares total, regression and errors respectively. The same are de-
gression variant adopts the same distance functions as the KNN classi-
fined by Equations (4)–(6).
fication. The Euclidian (Euc _Dist ) and Manhattan (Man _Dist ) distance
SumSqTot = (y y)
2
(4) is expressed by Equations (8) and (9) respectively where x and y are the
two data instances between which the distance is computed.
2
SumSqReg = (y y ) (5) k
Euc _Dist = (x i yi )2
SumSqEr = (y y )2 (6) i=1 (8)
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A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
exactly zero. The larger the penalty, the further estimates are shrunk 5.1.2. SVM regression results
towards zero. This is convenient when some automatic feature/variable SVM Regression results show the features having higher importance
selection needs to be done or even while dealing with highly correlated on the dependent variable along with weights (Ma et al., 2013). SVM
predictors, where standard regression will usually have regression Regression provided significant features result is depicted in Fig. 3. The
coefficients that are exceptionally large. Mathematically, it consists of a feature which has highest significance as compared to others is average
linear model trained with l1prior as regularisation model. The objective likes on Instagram (significance value = 1.112). Second highly sig-
function (ObjFunc ) to minimize is expressed in Equation (10). nificant feature is engagement of the post on Instagram till the 10th
hour (significance value = 0.748) which is followed by the average
1
ObjFunc = min || Xw y ||22 + ||w||1 engagement on Twitter (significance value = 0.470) and the engage-
2nsamples (10)
ment on Facebook over a week (significance value = 0.365). The re-
The lasso estimate thus solves the minimization of the least-squares sults are comparable with OLS model. Even, some features significance
penalty with ||w||1 added, where is a constant and ||w||1 is the l1-norm value ranking is almost same as given by OLS model.
of the parameter vector. Ordinary linear regression and SVM regression results support
Hypothesis 1 and Hypothesis 2. Hence, H1 and H2 are not rejected and
present following as true: Average likes on Instagram has maximum
5. Findings and interpretations
impact for defining social influence as compared to other factor of
twitter; Facebook and total engagements garnered by the post of
This section is divided into three subsections-section 5.1 presents
Instagram are more impactful as compared to twitter.
the findings of various MLR techniques to identify the high impact
features i.e. rank features in accordance to their significance with social
5.1.3. KNN regression results
influence. Section 5.2 illustrates the MLR resultant top influencers in
Choosing the optimal value for ‘k’ is the most critical aspect of
terms of their percentile. Section 5.3 shows the comparative influence
adopting KNN Regression approach. Since, k is a critical tuneable
of a specific celebrity on varying social media platforms and finally
hyper-parameter. The model is trained with different values of k and is
section 5.4 presents the accuracy results of various MLR techniques and
subsequently checked for accuracy as illustrated in Fig. 4 which clearly
proposed ensemble technique for social influence indexing.
represents that the accuracy is highest for 2 neighbours.
Further, using KNN with k being 2, the regression model identifies
5.1. High impact features identification results the significant features along with their corresponding weights (Ma
et al., 2013). The features with a greater importance as obtained by the
Using the MLR techniques (Joseph et al., 2018), features those are KNN regression model are illustrated in Fig. 5.
having high association with social influence are identified. We had The total engagement gained by the Facebook post of the influencer
proposed the following three hypotheses. up to the 5th hour since it was posted contains maximum significance
value = 0.45. further, Engagement garnered on Facebook till the end of
• H1: Average likes on Instagram has maximum impact for defining the week, Facebook total engagement, engagement over varied inter-
social influence as compared to other factor of twitter and facebook. vals on Instagram is at second highest value 0.44.
• H2: Total engagements garnered by the post of Instagram are more The results obtained from the KNN approach possess weights having
impactful as compared to twitter. negligible difference varies from 0.45 to 0.36 which reflects the fact
• H3: Different features have varying significance for varying social that the top ten features are almost equally important while computing
media platforms. the final influencer scores.
For testing the hypothesis, Four MLR techniques: OLS, SVM 5.1.4. Lasso regression results
Regression, KNN Regression, lasso regression are applied in order to The current study uses the Lasso Regression to train the model and
find out significant feature results. The implementations outcome of all five-fold cross validation for the purpose of result verification. Fig. 6
the MLR techniques is shown in further sub sections. illustrates the variation of mean R2 score during cross validation with
varying scores.
5.1.1. Ordinary least square (OLS) results Fig. 7 presents the significant features obtained from Lasso Re-
The OLS experiment utilises this simple yet efficient regression ap- gression along with their positive and negative weights.
proach for modelling the Social Influence index. The results obtained When it comes to the significant features identified by Lasso re-
are after running the regression analysis (Joseph et al., 2018). It is gression, Result shows that Instagram engagement for a week is the
evident from the statistics summary that the determination coefficient most significant feature with lasso model coefficient value 0.29. Second
(R-Squared) is 0.894 which is close to 1. most significant feature is average twitter engagement (significance
Further, the model also proves beneficial in identifying the features value = 0.25). Further, maximum Instagram engagement, Facebook
that have a greater impact on the target social influencer index. Fig. 2 is engagement for a week, etc are in decreasing ranking order as shown in
representative of the features that seem to have higher significance on Fig. 7.
the dependent variable along with the weights using OLS. The average The graph also presents negative coefficients wherein highest ne-
number of likes on Instagram is noticed to have the highest significance, gative coefficient is average engagement over Instagram (significance
followed by rate of engagement on Instagram with weights 1.747 and value = −0.36). This clearly indicates that the Instagram post is
0.738 respectively. It is evident from the graph that average likes on tending to gain higher engagement over time. The average tweets and
Instagram is the most significant feature (significance value = 1.747) as Instagram followers also showcase negative weights indicating a ne-
obtained from the OLS model, followed by engagement on Instagram gative impact while computing the influencer score.
till the tenth hour since the post was made (significance Therefore, H3 hypothesis is not rejected. KNN-Regression result and
value = 0.738). This is followed by the average engagement garnered Lasso Regression result shows that features have varying significance
on Twitter (significance value = 0.381) and weekly engagement on value for varying social media platforms which was out hypothesis 3.
Facebook (significance value = 0.342) and Twitter (significance
value = 0.289). The average number of retweets on Twitter also shows 5.2. Ranking results
significant importance. Least significant feature is twitter engagement
on day 2(0.101). In previous section, weights are derived by analysing feature
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A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
The weights are validated using linear regression model and en-
semble gradient boosting model. For this, Klout score is considerable
dependent variable. Klout is a social media analytics website which rate
users in between 1 and 100 based on their online social influence. The
study also uses percentiles and z-score to compute the right buckets for
Fig. 4. Accuracy for different ‘k’ neighbours. a list (see Table 4).
The influencer scores forIndiancelebrities are estimated using the
weights of the features generated from the regression models and a list
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A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
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A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
Table 4
Sample data instances for normalized dataset.
facebook_PTA facebook_likes twitter_followers instagram_followers max_eng_tw avg_eng_tw max_eng_fb avg_eng_fb max_eng_insta avg_eng_insta avg_
likes_fb
98.06 98.77 98.71 85.43 48.17 84.54 98.2 96.16 48.48 68.48 95.54
70.5 95.26 84 81.22 30.68 50.24 62 49.79 65.8 71.41 48.58
0 0 62.37 64.06 36.33 56.72 0 0 36.11 46.53 0
81.93 80 36.81 54.88 1 1 90.41 95.2 46.25 55.3 95.13
35.95 70.16 68.7 76.92 3 8.75 42.75 40.14 60.14 58.96 40.02
68.51 72.91 67.6 68.73 13.58 35.03 47.44 34.01 55.14 59.92 33.8
67.07 80.76 66.19 81.44 32.13 68.92 67.55 57.91 85.83 95.55 57.65
97.4 97.16 66.01 88.92 21.86 36.73 95.57 88.58 90.24 95.64 88.27
32.1 78.2 29.54 71.67 0 0 0 0 61.44 64.05 0
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A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
Table 6 influencer index. Lastly, the study also tried to evaluate which social
Regression metrics. media platform is more dominant when it comes calculating the in-
Model MAE MSE RMSE
fluencer index. There were not enough instances to establish general-
izability of weights that can be attributed with each social media
Ordinary Least Square(OLS) 5.72 77.97 8.83 platform. This could be one important area to explore in the future as
Support Vector Regression (SVR) 4.92 80.75 8.98 the current study could not provide sufficient evidences for validating
K-Nearest Neighbours (k = 2) 3.67 37.56 6.12
Lasso (Alpha = 0.1) 5.92 55.8 7.47
the research question.
Ensemble Model (OLS, SVR,KNN, Lasso) 4.49 32.50 5.70
6.1. Contribution to existing knowledge
based on Outreach, Footprint, Engagement and Sentiment of the in- The growth of Web 3.0 has enhanced means of interaction, com-
fluencer. These constructs are computed using attributes mined from munication and engagement among individuals. In the constant quest
the social media profiles of these influencers. Further, none of the for gaining higher than usual traction, social media platforms play a key
studies explore the impact of celebrities’ frequency and/or diversity of role. The diffusion of information determines which piece of informa-
social media use on their influencer index. The regression model used in tion cuts through the noise and stands out influencing a larger audi-
the current study tries to identify whether these attributes play a sig- ence. The current study proposes a scoring mechanism for influencers.
nificant role when it comes to computing the social media influencer The contribution of the study is two-fold. Firstly, the study proposes
index. It is observed that the overall influencer score does depend on multiple attributes from social media, categorized into 6 constructs
the individual scores of the different platforms on which the influencers namely Overall Footprint (OF), Engagements & Outreach (EO), Hourly
engage. Further, findings also indicate that the frequency of social Engagement Velocity (HEV), Daily Engagement Velocity (DEV),
media usage also increases the social media index in most of the cases. Audience Sentiment (AS) and Posting Rate (PR). Further, the study uses
In addition to this, existing studies explore the impact of user sen- regression modelling to compute influencer scores using the identified
timent on firm's equity (Yu et al., 2013). The same can be explained constructs. These constructs provide a holistic view of different aspects
here for an influencer's index. The impact of audience reaction in the including outreach and engagement which can be useful in multiple use
form of comments and replies is critical for the influencers. The study cases. The existing studies can literature can adopt these constructs for
explores the effect of overall sentiment scores for computing the understanding social influencers across platforms. The current study
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A. Arora, et al. Journal of Retailing and Consumer Services 49 (2019) 86–101
through the use of social media analytics. • Celebrities may endorse a specific brand based on their social in-
fluence on a specific platform and can earn well by promoting brand
6.2. Implications for practice on social media.
• Individual can help society in order to make social changes by using
Our study does not directly provide insights for practice but based their social influence.
on correlations, it provides use cases where influencer indices may be
useful. Influencer indices can be used by Brand companies or brand The current study provides influencer scores for different platforms
marketers and celebrities/consumers those are intensively associated and based on a brand's need an influencers score on a particular plat-
with social media for promotion purpose. This section is further divided form, the best suited choice could be made.
in two subsections which are as follows:
7. Conclusion and future research directions
6.2.1. Brand companies/brand marketers
With the rampant growth of social media usage, brands have started The current study proposes a mechanism for measuring influencer
utilising these platforms for enhancing customer engagement and index across popular social media platforms including Facebook,
reaching out to a larger audience base. Literature highlights evidence of Twitter and Instagram. The study presents several research questions
the impact of social media use in domains like influencer marketing and and in light of those tries to compute a social influencer index. Further,
brand management. These platforms have become increasingly popular a set of 39 features that help determine the impact on the consumers is
forfacilitating engagement, collaborations and drastically impact a modelled using a regression approach. These features have been created
brand's reputation (Kim &Ko, 2010; Kim &Ko, 2012). With the plethora under every social media category and are categorized into various sub-
of products and services available in the market by different brands, the heads including Overall Footprint (OF), Engagements & Outreach (EO),
choice that the consumers have also increases (De Vries et al., 2012). Hourly Engagement Velocity (HEV), Daily Engagement Velocity (DEV),
Brands are striving for presence and want to establish themselves for Audience Sentiment (AS) and Posting Rate (PR). The features are sub-
greater outreach and thus invest heavily in influencer marketing. It is sequently analysed using the regression models OLS, KNN, SVR, Lasso
very important for these brands to identify influencers that could Regression and subsequently an ensemble model are adopted to com-
market their products/services. This makes the current study critically pute a cumulative score in terms of influencer index. The results and
essential for these brands while selecting influencers for their portfolio. findings are indicative of the fact that engagement, outreach, senti-
The research work for weighted feature finding and influence indices ment, and growth play a key role in determining the influencers. The
reveals- ensemble model outperforms the remaining approaches in terms of
error rate and accuracy. The KNN regression also reflects significantly
• Detailed insights on social media engagement features and which high accuracy almost equal to the ensemble. Further, the study has
feature is significant on the final social influence indies assignment; implications across various domains of e-commerce, viral marketing
• Investigate the possibility to obtain an interpretable celebrity that (Petrescu and Korgaonkar, 2011), social media marketing (Akar and
makes a specific post highly impactful on a specific social media Topçu, 2011), and brand management (Baldus, 2018) where in iden-
platform out of Facebook, Instagram, and Twitter. tification of key information propagators is essential.
• Multiple MLR models- OLS, SVM Regression, KNN Regression, and The current study does not identify the relative importance of dif-
lasso regression is used to build final influence indices model. Based ferent social media platforms while computing the influencer index.
on experiments this is made clear to marketers that out based Each platform is given equal weight age while modelling the constructs.
standard linear regression models- KNN regression provides the This could be one of the future research directions where apart from the
highest accuracy for social influence indexing. constructs a weighted model for platform isolation is used to compute
• Finally, based on these models, an ensemble model is introduced for the score. Further, optimization techniques could be used to compute
marketers. This model is able to provide the highest social influence these scores. Evolutionary intelligence including swarm intelligence
index generation accuracy 93.7%. and bio-inspired computing approaches could be incorporated for
• Marketers are able to identify which social media platform is best finding the optimal value of these weights (Kar, 2016; Aswani et al.,
for promotion in case of a specifically selected celebrity. 2018a).
Further, Future studies can integrate network metrics like centrality,
Further, literature highlights several evidences of research being reciprocity, in-degree and out-degree to better understand the influence
conducted on the success of marketing activities on social media, little of the person on their network. These network related attributes can
is known about which platform is best suited for influencer marketing provide useful insights in terms of information propagation to the social
should there be restriction or limitation in the paid marketing budget. network of influencers on various platforms (Aswani et al., 2018b).
Also, a mapping with a personality framework like Big Five could be
6.2.2. Celebrities/consumers done to identify personality types of the influencers. The influencers
This study basically investigates the relationship between celeb- based on their social media activities could be grouped in either of the
rities’ engagement on three popularly known social media platforms. personality types including extroversion, neuroticism, and openness to
Many celebrity cohort is included in this work for modelling purpose. experience etc. This could be beneficial in providing a generalised
Undoubtedly, celebrities on social media hold influence over millions of personality of influencers with higher or lower influencer indices en-
fans. With all this in mind, we suggest few use cases those seems useful hancing the model adaptability in related domains and use cases.
for celebrity perspective-
Appendix A. Supplementary data
• Social media influence can help celebrity to maintain their status
among public. Supplementary data to this article can be found online at https://
• Uses social media to bring attention of fans towards their social doi.org/10.1016/j.jretconser.2019.03.012.
work and often by pointing societal issues.
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