Okay, this one's puzzling me and I'm turning to the community for help. Well, those who read this thread and/or direct others to my post.
What do I have to do to get better participation in SI Sentiment? The thing where, when you're posting to a stock-specific board, you can rate the stock once per day from 1 for a strong sell to 10 for a strong buy.
I want to start using the data in monthly then possibly weekly press releases, with links to the relevant boards, and include a few excerpts from member posts. I really think the aggregate opinions of our community is very newsworthy and can be used as an indicator.
The problem is, the number of votes for any ticker is statistically insignificant. Despite the fact that a statistically significant number of people write posts on those threads.
Also, Tom Veale has been working on developing charting tools to go hand-in-hand with the scoring to allow for in-depth and easier analysis of the Sentiment scores.
Will there be better participation if, with each post, you're able to change your current 24-hour score rather than having to wait 24 hours to submit a different score? That'd be very easily implemented. And I could track score changes so changes in scores could be reflected in the more detailed output.
Or maybe make the scoring window a smaller interval than daily? Perhaps hourly? That'd address the total votes side of the equation, but it's still not useful data if the number of people using it doesn't increase.
Incentivize users to submit scores? It's easy to figure out ways to incentivize free users, but what of you paying members? Subscription extensions?
Also, I'm throwing around different ideas (in my head) for getting more referred members. We had great success doing this on iHub, with cash awards going to the people who referred the most new members, but I need to avoid some problems I had with it on iHub (problems that were of my own making because I hadn't anticipated them) such as people spamming us on other sites. We don't allow spam here and I don't want to encourage or reward people for spamming us elsewhere.
That's a whole 'nother discussion I'll open up later. For now, any thoughts on SI Sentiment? |
