NLP has various applications in e-commerce product reviews and ratings analysis:
- Sentiment Analysis: NLP can be used to determine the sentiment expressed in product reviews, categorizing them as positive, negative, or neutral.
- Aspect-Based Sentiment Analysis: NLP can identify specific aspects of a product mentioned in reviews and analyze sentiment associated with each aspect.
- Keyword Extraction: NLP algorithms can extract key terms and phrases from reviews, helping businesses understand what customers are talking about most frequently.
- Summarization: NLP can create summaries of product reviews, making it easier for businesses to quickly grasp the overall sentiment and feedback.
- Topic Modeling: NLP techniques like Latent Dirichlet Allocation (LDA) can group reviews into topics, providing insights into common themes among customers.