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neuromarketing

By Ben Lutkevich

What is neuromarketing?

Neuromarketing is the study of how people's brains respond to advertising and other brand-related messages by scientifically monitoring brainwave activity, eye tracking and skin response.

These neuromarketing techniques are used to study the brain to predict consumer decision-making behavior. It's also possible to use neuromarketing to try to manipulate consumer behavior.

Marketers use neural and other physiological signals to gain insight into customers' motivations, preferences and decision-making processes. They also use this research to predict how a particular product, service or marketing campaign will perform.

What is neuromarketing used for?

Neuromarketing is used in a variety of ways. In 2007, a team of scientists from Carnegie Mellon University, Stanford University and the MIT Sloan School of Management used functional magnetic resonance imaging (fMRI) to study what peoples' brains do when they are making buying decisions. By using brain imaging to watch which neural circuits lit up or went dark during the buying process, researchers found they could predict whether a person would buy a product.

The results of neuromarketing research can be surprising. In his 2008 book, Buyology: Truth and Lies About Why We Buy, Martin Lindstrom documented a three-year study, starting in 2004, that included the following findings:

Some ways neuromarketing is used include the following:

Neuromarketing research is expensive for companies to conduct themselves because neuro technologies are expensive and specialized. They often hire neuromarketing consulting firms to conduct this specialized research.

Benefits of neuromarketing

There are many benefits of neuromarketing, including the following:

Criticisms of neuromarketing

Critics of neuromarketing warn of a variety of dangers, including these three:

Neuromarketing tools and measurement

Neuromarketing typically measures brain activity and other physiological signals. Two tools used for brain scans are the following:

There are also tools for measuring physiological proxies for brain activity. Some examples of these tools include the following:

Examples of neuromarketing

In one 2003 neuromarketing study, Read Montague, a neuroscientist at Baylor College of Medicine, used fMRI machines to study what he called the Pepsi Paradox. In the study, subjects were evenly divided when they did a blind taste test of Pepsi and Coca-Cola. However, when the subjects knew what they were drinking, three-quarters preferred Coke. Montague saw activity in the prefrontal cortex, indicating higher thought processes. He concluded the subjects were associating the drink with positive images and branding messages from Coke commercials.

Other examples of neuromarketing include these three:

Future of neuromarketing

Although neuromarketing and consumer neuroscience have become mainstream methodologies, they are still considered nascent fields. Part of the reason for this is that the technology is expensive and still in development. As neuromarketing technology progresses and becomes more accessible, more companies will adopt neuromarketing methods.

It's anticipated that virtual reality (VR) will be a prominent part of neuromarketing in the future. A VR headset could be combined with an EEG device to collect neurological data. This would be a much cheaper option than buying a standard EEG machine, and it would make it easier for consumers to participate in neuromarketing research methods.

VR devices could also contain eye trackers that follow what a customer focuses on. Eye tracking and facial recognition may also become prevalent in the retail and restaurant space to improve customer experience.

Some also speculate that in the future there will be VR contact lenses available capable of measuring dilation of a consumer's pupil size when viewing an advertisement.

The emergence of neuromarketing will involve businesses collecting and using many types of customer data. Learn four best practices for collecting customer data.

12 Apr 2022

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