Unboxing Engagement in YouTube Influencer Videos: An Attention-Based Approach

78 Pages Posted: 25 Jan 2021 Last revised: 7 Aug 2024

See all articles by Prashant Rajaram

Prashant Rajaram

Ivey Business School, Western University

Puneet Manchanda

University of Michigan, Stephen M. Ross School of Business

Date Written: August 06, 2024

Abstract

Influencer marketing videos have surged in popularity, yet significant gaps remain in understanding the relationship between video features and engagement. This challenge is intensified by the complexities of interpreting unstructured data. While deep learning models effectively leverage unstructured data to predict business outcomes, they often function as black boxes with limited interpretability, particularly when human validation is hindered by the absence of a known ground truth. To address this issue, the authors develop an “interpretable deep learning framework” that not only makes good out-of-sample predictions using unstructured data but also provides insights into the captured relationships. Inspired by visual attention in print advertising, the interpretation approach uses measures of model attention to video features, eliminating spurious associations through a two-step process and shortlisting relationships for formal causal testing. This method is applicable across well-known attention mechanisms—additive attention, scaled dot-product attention, and gradient-based attention—when analyzing text, audio, or video image data. Validated using simulations, this approach outperforms benchmark feature selection methods. This framework is applied to YouTube influencer videos, linking video features to measures of shallow and deep engagement developed based on the dual-system framework of thinking. The findings guide influencers and brands in prioritizing video features associated with deep engagement.

Keywords: Influencer Videos, Interpretable Deep Learning, Social Media Engagement, Unstructured Data Analysis, Attention-based Models

JEL Classification: M31, M37

Suggested Citation

Rajaram, Prashant and Manchanda, Puneet, Unboxing Engagement in YouTube Influencer Videos: An Attention-Based Approach (August 06, 2024). Available at SSRN: https://ssrn.com/abstract=3752107 or http://dx.doi.org/10.2139/ssrn.3752107

Prashant Rajaram (Contact Author)

Ivey Business School, Western University ( email )

1255 Western Road
London, Ontario N6G0N1
Canada

Puneet Manchanda

University of Michigan, Stephen M. Ross School of Business ( email )

701 Tappan Street
Ann Arbor, MI MI 48109
United States
734-936-2445 (Phone)
734-936-8716 (Fax)

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