Module °Benchmark: Understanding the Volume effect (Part III)

Module °Benchmark: Understanding the Volume effect (Part III)

The Volume effect: 

Definition: Impact on the average due to the changes of relative weights if no change in tonality


Considering the assumption that the customers have kept the same tonality / emotions / emotional index about each category they discuss about, what are the impact on the Global average whenany change arise in the relative volumes (and weights) of one category vs the others ?


Ex1: Imagine the following situation in a restaurant: 

(IMPORTANT : To simplify here, 1 comment = 1 category)

2 periods compared: N vs N-1


Category

E-index

N-1

E-index

N

Volume

N-1

Volume

 N

Relative Weight N-1

Relative Weight N

Welcome 

30°

30°

1

1

1/4

1/13

Order

10°

10°

1

1

1/4

1/13

Food

40°

40°

1

10

1/4

10/13

Bill



1

1

1/4

1/13

(Weighted) Average

20° 

(80/4)

33,8° ↗ (440/13)

4

13


Period N: more comments on food, but same tonality for each category


TOTAL

1

TOTAL

1


Conclusion: Even if each topic tonality has not evolved between N-1 and N, the global score has improved +13,84°! And that was due to the heavier weight of the category Food on the new average (that was the only change in the data) joined with the lower weights of other categories. That are Pure Volume impacts.
It is easy to understand that’s because the Food category was HIGHER than the average of the reference period that the impact was positive. Imagine Food Eindex N-1= Global average N-1, in this case, even if we increase volumes of the food Category, there would be no impact / increase on the global average.


You can figure out 4 different cases to explain a volume effect on the score: 


Is the impact positive or negative ?
Volume evolution
Relative tonality during the reference period
Positive

Volume effect


Volume or weight 
This category emotional tonality was better than average in the reference period
Positive

Volume effect

Volume or weight
This category emotional tonality was worse than average in the reference period
Negative

Volume effect

Volume or weight
This category emotional tonality was worse than average in the reference period
Negative 

Volume effect

Volume or weight
This category emotional tonality was better than average in the reference period

Example of a positive Volume impact on the Global emotional index


In the chart, the volume effect is displayed at the left side when the Details button is activated:
The Volume effect (V) is displayed on the left.




















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