applied to marketing. Researchers use technologies that observe brain activity and biometrics (such as heart rate, eye tracking, galvanic skin response, facial coding, etc.) to determine how people respond physiologically to marketing messages. Neuromarketing examples might include: • Tracking eye movement to see which parts of a webpage grab the user’s attention first • Using EEG imaging of the brain to determine one’s emotional response to an ad or product • Determining which version of an ad generates the most brain activity, as seen in an fMRI scan Getting Into the Minds of Consumers
• The goal of neuromarketing is to better
understand consumer behaviour by gaining insight into the reactions and decision-making happening at the unconscious level. Since 90 percent of the information that comes into the human brain is processed unconsciously, neuroscience gives us valuable insight into automatic human responses that influence consumer behavior. Getting Into the Minds of Consumers
• By contrast, traditional marketing research
methods involve consumer surveys, focus groups and external observation to gather data about what people think, feel and believe. These traditional methods are better at revealing conscious decision-making processes. The Pros and Cons of Neuromarketing
• Thanks to neuromarketing research, marketers
no longer have to rely as heavily on consumer self-reporting. For starters, it can be difficult to get people to participate in surveys and focus groups. And even when there’s a lot of feedback given, the results can be biased or inaccurate. Neuromarketing bypasses conscious thinking and identifies automatic reactions that tend to be universal across the population. The Pros and Cons of Neuromarketing
• On the other hand, because these findings are
so generalized, there is still a need for traditional research to understand a target audience in greater detail. And even though consumers’ decisions can be greatly influenced by their subconscious responses, what they consciously think and feel still matters – a lot. The Pros and Cons of Neuromarketing
• Neuromarketing can be used to help your
marketing messages appeal to human beings as a whole, while traditional methods help you hone your message for a specific audience. The Pros and Cons of Neuromarketing
• You will still need to do plenty of trial and
error to see what actually works for your target audience, in your market, with your products. Sorry, neuromarketing is not a magic bullet. Honing in on an optimized marketing strategy will always involve work. Advantages of Neuromarketing
• The biggest advantage of neuromarketing is
that it can fill in the gaps left by traditional marketing methods, because neuromarketing provides insight into situations where consumers say they want one thing, but then act (i.e., buy) in a different way. Neuromarketing has an advantage because it: • Does not rely on consumers to willingly and accurately report emotions, • Can closely tie physiological reactions to specific parts of an ad or message, and • Provides insight into automatic responses that take place at the subconscious level. Limitations of Neuromarketing
• However, it’s important to keep in mind
that variances in how individuals process information and the limitations of testing can make it difficult to generalize results with certainty. Limitations include: • The high cost in doing neuromarketing research means it is conducted with small sample sizes and often funded by corporations, which could introduce bias into the results. Limitations of Neuromarketing
• Since brain science is still evolving, there’s not
a completely reliable way to connect the marketing stimuli to the emotions triggered. • Reactions observed in a lab test environment may be somewhat different than they would be in an actual buying environment. Picture of the Brain Human Anatomy The Brain • The brain is one of the largest and most complex organs in the human body. It is made up of more than 100 billion nerves that communicate in trillions of connections called synapses. The Brain • The brain is made up of many specialized areas that work together: • The cortex is the outermost layer of brain cells. Thinking and voluntary movements begin in the cortex. • The brain stem is between the spinal cord and the rest of the brain. Basic functions like breathing and sleep are controlled here. The Brain • The basal ganglia are a cluster of structures in the center of the brain. The basal ganglia coordinate messages between multiple other brain areas. • The cerebellum is at the base and the back of the brain. The cerebellum is responsible for coordination and balance. The Brain • The brain is also divided into several lobes: • The frontal lobes are responsible for problem solving and judgment and motor function. • The parietal lobes manage sensation, handwriting, and body position. • The temporal lobes are involved with memory and hearing. • The occipital lobes contain the brain's visual processing system. The Brain • The brain is surrounded by a layer of tissue called the meninges. The skull (cranium) helps protect the brain from injury. Reflexive Brain • The reflexive brain only deals with what is present. It receives data in the form of experience, acts pretty much automatically to classify things as threats or not, and makes decisions accordingly. Archiving Brain • The archiving brain is that part of your brain that quickly filters, processes, and stores information for later use. It’s where the narrative of our life lives — from what we had for breakfast this morning, to what the capital of South Dakota is. Reflective • The reflective brain is the one that we use when we think about things that are not present. We engage it when we make plans for future, think about abstract concepts, or analyze and interpret past events. It is that brain that is most responsible for reasoning and decision-making.
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