SlideShare a Scribd company logo
1 of 82
• CONTENTS
• What is Neuromarketing?
• How neuromarketing emerged?
• Purpose of Neuromarketing
• Neuroscience & Brain’s working system.
• The Methods used in neuromarketing
• Some researches on neuromarketing
• The Books & Authors related to neuromarketing
• Pros & Cons of Neuromarketing
• Neuromarketing is a field that claims to apply the
principles of neuroscience to marketing research,
studying consumers' sensorimotor, cognitive,
and affective response to marketing stimuli.
Researchers use technologies such as functional
magnetic resonance imaging (fMRI) to measure
changes in activity in parts of the
brain, electroencephalography (EEG) and Steady
state topography (SST) to measure activity in
specific regional spectra of the brain response;
sensors to measure changes in one's physiological
state, also known as biometrics, including heart
rate, respiratory rate, and galvanic skin response;
facial coding to categorize the physical expression
of emotion; or eye tracking to identify focal
attention - all in order to learn why consumers
make the decisions they do, and which brain areas
are responsible (Wikipedia)
• Neuromarketing is the application of neuroscience
to marketing. Neuromarketing includes the direct
use of brain imaging, scanning, or other brain
activity measurement technology to measure a
subject’s response to specific products, packaging,
advertising, or other marketing elements. In some
cases, the brain responses measured by these
techniques may not be consciously perceived by
the subject; hence, this data may be more
revealing than self-reporting on surveys, in focus
groups, etc. Roger Dooley
• Neuromarketing – Selling to the Old Brain for
Instant Success
Patrick Renvoise and Christophe Morin.
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.
P U R P O S E
• To better meet "unmet" market needs, connect and
drive "the buy".
• To inform the development of products and
communications - really to inform the brand's 4Ps &
services 7Ps
• To guide marketers to just the right product
designs, packaging and ad messages to boost
sales.
• To increase service quality in servicescapes
• To have better management of TQM
• HISTORY
• Firstly, Neuromarketing emerged in 1990s in USA
Then, it introduced in June 2002 by:
An Atlanta advertising firm: BrightHouse
For the creation of a business division using fMRI for marketing research
On the basis of neuroscience research
One manifestation of neuroculture
The premise:
 consumer buying decisions are made in split seconds in the subconscious, emotional part of the brain
Thus:
What we like, don't like, want, fear, are bored by, etc. is indicated by our brain's reactions to brand stimuli
HISTORY
• https://www.youtube.com/watch?v=_rKceOe-Jr0
15% of human behaviour is conscious, 85% is subconscious.
Oursubconsciousmindisthemainfactorto
makea decisionaboutbuyingbehavior.
So,itishardtoexplainoursubconscious
decisions bymeansof ourconscious
From
thisview,itcanbesaidthatneuromarketing hasa
capabilitytomakeafairanalysisofproduct/service
/brandrelationship andithashighimportancefor
advertisors.
Duringpurchasingprocess, bymeansof
neuromarketing methods, ourbraincanbe
monitored andrealdecision makingstrategyand
motivations canbeexplained explicitly.
• Neuromarketing is examining how the brain works
during the buying process and what kind of
responses it gives.
• How does the Brain work?
• New brain thinks, processes the rational data, and
resonsible for intellectual continuums.
• Middle brain feels, processes emotions and feelings
coming from inside.
• Old brain makes the main decision and considers
the data coming from other two brain parts.
• Old Brain is the first developing part of the brain when
the fetus in the womb.
• Old Brain makes the decisions related to the survival of
the organism
• Old Brain has self-centered characteristics, and has no
emphaty and patience to the stimulus which don’t
provide any benefit or which are not responsible for its
survival.
• It is sensible to the conflicts.
• It is attentive to the beginning and end of sth.
• Waiting, by stimulating the reward center in the old
brain, provides to excrete dophamine,which serves as
neurotransmitter
• Old Brain reacts to visual stimulus.
• Optic nerves are much more speedy than acustic
nerves. It perceives quicker than high brain and
doesn’t recognize the words. It shows that visual
stimuli can create bonds with emotional stages.
• It makes decisions regarding reward and
punishment balance.
• Two main factors effecting our behavior and
decisions are hedonistic approach and avoidance
from pain.
• Besides the working mechanism of brain, there are some
neurons and hormones which are effective on the brain’s
mechanism, individual’s reactions and buying behavior
processes.
• Mirror Neurons: The neuron "mirrors" the behavior of the
other, as though the observer were itself acting. These
reacts to objects including certain movement. For example,
the reason of crying when we see an actor is crying in the
movie is due to from these mirror neurons,in deed.
• Our brain reacts as if we were doing these actions
ourselves.
• Imitation of other’s behaviours is resulting from
these mirror neurons.
• This tendency of behavior is coming from innate. It
can also be seen newborn’s actions and behaviours
• Mirror neurons explains that why we laugh when
we see someone joyful or why we wince when we
see someone is suffering.
• Do you aware of why you are yawning when
someone is yawning in front of you?
• Example: In UNILEVER, managers realized that when
someone is talking about itching, the other people in
the focus group start to itching their heads.
• Briefly, while we’re observing or reading that
someone is doing sth, we’re also doing the same
thing in our mind.
Considering the buying behavior, mirror neurons are
reflecting as imitating the same buying behavior. For
example, Apple’s headphones, GAP’s young and sexual
clothes are providing that people feel themselves when
they buy the same equipments and clothes, they would
seem as young as the dummies in the store
window.(Actually, they are buying an image or attitude)
• In SMILING TEST, it was seen that we could
remember the people whose behaviour and
attitude were positive, and buying behaviour would
be easier in this kind of environment.
The main reason of
coming into fashion of
Computer games such
as Guitar Hero 3, The
Simps, Second life is in
deed the mirror
neurons.
• When you become skilled to play a more difficult
melody in Guitar Hero,
• When you reach an upper level in Second Life,
• Your mirror neurons construct an emotional
connection between you and virtual reality.
• These kind of virtual tools are providing the same
pleasure in the mind with the real world.
• A clue, especially for service marketing:
• Mirror Neurons can evoke the same part of brain
with the scent and visual element which are
compatible to each other. Think that when your
eyes closed you heard that a paper was being torn. You
can understand that was a paper by visualizing it in
your mind by help of mirror neurons
Mirror Neurons don’t work without dophamine or
oxytosin which are effective on decision making process.
By releasing oxytosin, people are becoming more sharing
and nearer to more donating behaviour.
The response to the brand preference occurs in the
prefrontal cortex which executes the thinking and justice
process
• According to this information, the
effectiveness of a brand image in the brain is much
more stronger than the messages transmitted to the
brain by a sense of taste in the tongue.
• THALAMUS: One of the functions of thalamus is
to process the sensory information and to send to
the related part of the cortex. For instance, a visual
info comes from retina, goes to thalamus, then
processed in the related part of the brain.
The paths of all senses goes to thalamus as in the
example above, only scent follows a different path. It
has no relationship with thalamus. It directly goes to
AMYGDALA which is the center of the emotions.
• Due to amygdala is next to the memory center of
brain, scent impresses deeply.
• Scientists concluded that sports cars
activate the ventral putamen part which describes
the reward emotions in the brain. Ventral Putamen
also describes social predominancy and sexual
pleasure in the brain.
• In the experiments, subject’s same brain part was
activated when they saw a mini-cooper or a baby
face
• Warnings on the cigarette packets are stimulating
the NUCLEUS ACCUMBENS part of the brain and
the dophamin released in this region is building up
more desire.
• Having high loyalty brands are stimulating the same
part of the brain with the religious emotions
• Consumers are buying only 8% of product that they
are looking at.
• Purchasing process are different from culture to
culture.
METHODS IN NEUROMARKETING
• FMRI(FunctionalMagneticResonanceImagination)
• EEG(ElectroEnsaphaloGraph)
• WEB EEG
• SST(Steady State Typography)
• EYE TRACKING
• GALVANIC SKIN RESPONSE
• VOICE ANALYSIS
• FACIAL DECODING
• By analyzing the electric currents which are
comprimising the data coming from each
pieces of emotion, EEG gives us the
information of which part of brain is being
activated during the consumption process or
while the individual is observing any object
• Same kind of emotions are activating the
same part of the brain. For example, when
people from different culture are excited, the
same part of their brain is being activated.
Eye Tracking Technic measures sensitively and reports
the eye-pupils’ movements results.
During the buying process, this technic measures
where consumers looking at or while individual is
observing any object.
It is being used from the beginning of 1980s.
• In WEB EEG researches, by using eye tracking and
EEG equipments synchronically it is possible that to
reveal the users are looking at which part of the
web page and also, when they have in difficulty,
what kind of designs are attracting the users.
• WEB EEG helps to buyers about how to use the web
page, and brand name and logo to increase the
emotional affect in the mind of customer.
• Facial Decoding enables to measure the biometric
effects by interpreting the facial expressions.
In Voice analysis technic, it is possible to obtain the
data by analyzing the voice of customers when they
are reacting to stimuli.
• https://www.youtube.com/watch?v=StxLB6KDzK8
• PROS: One of the important features of
neuromarketing is to obtain much faster and more
reliable results with small sampling structure
comparing to the traditional researches.
• With the help of neuromarketing, systematic or
nonsystematic errors can be minimized in focus
group studies which are known as the most
effective research technic until now.
• In focus groups, if we consider that people are not
telling the truth most of the time, it is much more
understandable the need to use of neuromarketing
researches in the field.
• The cost is not so high than it is thought , even in
some projects, it is more cost-effective than
conventional research. The main reason of this
feature is to being possible to reach the certain
results with the small amount of data. Because
when the people’s same type of emotion is
triggered, their same brain part is being activated.
• It provides a guideline in a concise and clear way
for future communication strategies and brand
development.
• It can be used in many areas such as ads, movies,
brand perception, web sites,shop designs,
servicescapes, even in political party programmes
which are appealing to five senses.
• Neuromarketing doesn’t ask questions.
• It enables to exclude the disturbing parts or
creating loss of interest parts of the ads.
• Organizations may have benefit of cost-
effectiveness and efficiency of neuromarketing
methods.
CONS : Neuromarketing technics are being
discussed as not being manipulative.
Due to it is newly being started to use in Turkey,
sometimes researchers may hesitate to apply in the
field.
• In order to predict the success or failure of a
product or service, organizations would utilize more
than the conventional methods.
• with the increase in demand for neuromarketing,
its methods wold be cheaper and easier.
• This would help to be more common in the future
• for neuromarketing.
Neuromarketing

More Related Content

What's hot

Neuromarketing Examples - Neuromarketing Overview
Neuromarketing Examples - Neuromarketing Overview Neuromarketing Examples - Neuromarketing Overview
Neuromarketing Examples - Neuromarketing Overview True Impact
 
Neuromarketing - Introduction
Neuromarketing - IntroductionNeuromarketing - Introduction
Neuromarketing - Introductionrgnair1974
 
linkage between sensory and neuro marketing
linkage between sensory and neuro marketinglinkage between sensory and neuro marketing
linkage between sensory and neuro marketingPriya Dharshini
 
Chapter 7 Consumer Learning
Chapter 7 Consumer LearningChapter 7 Consumer Learning
Chapter 7 Consumer LearningAvinash Kumar
 
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOURUnit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOURMAHUA MUKHERJEE
 
Learning and memory
Learning and memoryLearning and memory
Learning and memoryeyad-gh
 
Tri component attitude model
Tri   component attitude modelTri   component attitude model
Tri component attitude modelGowtham Kumar
 
Consumer Decision Making Process
Consumer Decision Making ProcessConsumer Decision Making Process
Consumer Decision Making Processunnati shah
 
Consumer Behaviour - Stimulus Generalisation Vs. Stimulus Discrimination
Consumer Behaviour - Stimulus Generalisation Vs. Stimulus DiscriminationConsumer Behaviour - Stimulus Generalisation Vs. Stimulus Discrimination
Consumer Behaviour - Stimulus Generalisation Vs. Stimulus Discriminationteenasai
 
Neuro Marketing: Neuroscience and consumer behaviour
Neuro Marketing: Neuroscience and consumer behaviourNeuro Marketing: Neuroscience and consumer behaviour
Neuro Marketing: Neuroscience and consumer behaviourLogesh Kumar
 
Consumer buying behaviour for laptop’s
Consumer buying behaviour for laptop’sConsumer buying behaviour for laptop’s
Consumer buying behaviour for laptop’sNitesh Wadia
 
Marketing applications of reference group, family and culture
Marketing applications of reference group, family and cultureMarketing applications of reference group, family and culture
Marketing applications of reference group, family and cultureAditya Mehta
 
STP: segmentation, targeting and positioning
STP: segmentation, targeting and positioningSTP: segmentation, targeting and positioning
STP: segmentation, targeting and positioningsavi maha
 

What's hot (20)

NeuroMarketing
NeuroMarketingNeuroMarketing
NeuroMarketing
 
Neuromarketing Examples - Neuromarketing Overview
Neuromarketing Examples - Neuromarketing Overview Neuromarketing Examples - Neuromarketing Overview
Neuromarketing Examples - Neuromarketing Overview
 
Neuromarketing
Neuromarketing Neuromarketing
Neuromarketing
 
Neuromarketing
NeuromarketingNeuromarketing
Neuromarketing
 
Neuromarketing - Introduction
Neuromarketing - IntroductionNeuromarketing - Introduction
Neuromarketing - Introduction
 
Neuromarketing
NeuromarketingNeuromarketing
Neuromarketing
 
linkage between sensory and neuro marketing
linkage between sensory and neuro marketinglinkage between sensory and neuro marketing
linkage between sensory and neuro marketing
 
Chapter 7 Consumer Learning
Chapter 7 Consumer LearningChapter 7 Consumer Learning
Chapter 7 Consumer Learning
 
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOURUnit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
 
Learning and memory
Learning and memoryLearning and memory
Learning and memory
 
Tri component attitude model
Tri   component attitude modelTri   component attitude model
Tri component attitude model
 
Consumer Decision Making Process
Consumer Decision Making ProcessConsumer Decision Making Process
Consumer Decision Making Process
 
Sensory branding
Sensory brandingSensory branding
Sensory branding
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer Behaviour
 
Consumer Behaviour - Stimulus Generalisation Vs. Stimulus Discrimination
Consumer Behaviour - Stimulus Generalisation Vs. Stimulus DiscriminationConsumer Behaviour - Stimulus Generalisation Vs. Stimulus Discrimination
Consumer Behaviour - Stimulus Generalisation Vs. Stimulus Discrimination
 
Neuro Marketing: Neuroscience and consumer behaviour
Neuro Marketing: Neuroscience and consumer behaviourNeuro Marketing: Neuroscience and consumer behaviour
Neuro Marketing: Neuroscience and consumer behaviour
 
Consumer buying behaviour for laptop’s
Consumer buying behaviour for laptop’sConsumer buying behaviour for laptop’s
Consumer buying behaviour for laptop’s
 
Marketing applications of reference group, family and culture
Marketing applications of reference group, family and cultureMarketing applications of reference group, family and culture
Marketing applications of reference group, family and culture
 
STP: segmentation, targeting and positioning
STP: segmentation, targeting and positioningSTP: segmentation, targeting and positioning
STP: segmentation, targeting and positioning
 
Consumer learning
Consumer learningConsumer learning
Consumer learning
 

Similar to Neuromarketing

Neuromarketing at sim
Neuromarketing at simNeuromarketing at sim
Neuromarketing at simDouglas Kong
 
Brain-Wise Brand Strategy
Brain-Wise Brand Strategy Brain-Wise Brand Strategy
Brain-Wise Brand Strategy Morgan Johnson
 
NLP WORKSHOP for the TRAINING OF TRAINERS Neuro-Linguistic Programme 10th Jun...
NLP WORKSHOP for the TRAINING OF TRAINERS Neuro-Linguistic Programme 10th Jun...NLP WORKSHOP for the TRAINING OF TRAINERS Neuro-Linguistic Programme 10th Jun...
NLP WORKSHOP for the TRAINING OF TRAINERS Neuro-Linguistic Programme 10th Jun...R. RAVINDRA KUMAR CHIEF MENTOR
 
The Way We Learn by Professor Lili Saghafi
The Way We Learn by Professor Lili SaghafiThe Way We Learn by Professor Lili Saghafi
The Way We Learn by Professor Lili SaghafiProfessor Lili Saghafi
 
Brainscience4peakperformance
Brainscience4peakperformanceBrainscience4peakperformance
Brainscience4peakperformanceShhankar Ganesh
 
NeuroscienceLaboratory__03_2016C
NeuroscienceLaboratory__03_2016CNeuroscienceLaboratory__03_2016C
NeuroscienceLaboratory__03_2016CValeria Trezzi
 
Fields of psychology.Sensation,Perception pptx
Fields of psychology.Sensation,Perception pptxFields of psychology.Sensation,Perception pptx
Fields of psychology.Sensation,Perception pptxresearch gate
 
Behavioural finance -NeuroEconomics and Investor Behaviors
Behavioural finance -NeuroEconomics and Investor BehaviorsBehavioural finance -NeuroEconomics and Investor Behaviors
Behavioural finance -NeuroEconomics and Investor BehaviorsQelender Memmedli
 
Intro to the brain (gen psych)
Intro to the brain (gen psych)Intro to the brain (gen psych)
Intro to the brain (gen psych)abonica
 
Reflective learning
Reflective learningReflective learning
Reflective learningP&CO
 
Why Neuroscience and Marketing Don't Mix
Why Neuroscience and Marketing Don't MixWhy Neuroscience and Marketing Don't Mix
Why Neuroscience and Marketing Don't Mixbntowl
 
Neuroscience of Self Change
Neuroscience of Self Change Neuroscience of Self Change
Neuroscience of Self Change Matt Kendall
 
How The Mind Works - The Truth About The Fiction Of Reality
How The Mind Works - The Truth About The Fiction Of RealityHow The Mind Works - The Truth About The Fiction Of Reality
How The Mind Works - The Truth About The Fiction Of Realitybdbennett001
 

Similar to Neuromarketing (20)

Neuromarketing at sim
Neuromarketing at simNeuromarketing at sim
Neuromarketing at sim
 
Brain-Wise Brand Strategy
Brain-Wise Brand Strategy Brain-Wise Brand Strategy
Brain-Wise Brand Strategy
 
A rush of blood to the head
A rush of blood to the headA rush of blood to the head
A rush of blood to the head
 
NLP WORKSHOP for the TRAINING OF TRAINERS Neuro-Linguistic Programme 10th Jun...
NLP WORKSHOP for the TRAINING OF TRAINERS Neuro-Linguistic Programme 10th Jun...NLP WORKSHOP for the TRAINING OF TRAINERS Neuro-Linguistic Programme 10th Jun...
NLP WORKSHOP for the TRAINING OF TRAINERS Neuro-Linguistic Programme 10th Jun...
 
The Way We Learn by Professor Lili Saghafi
The Way We Learn by Professor Lili SaghafiThe Way We Learn by Professor Lili Saghafi
The Way We Learn by Professor Lili Saghafi
 
Brainscience4peakperformance
Brainscience4peakperformanceBrainscience4peakperformance
Brainscience4peakperformance
 
The healthy brain
The healthy brainThe healthy brain
The healthy brain
 
NeuroscienceLaboratory__03_2016C
NeuroscienceLaboratory__03_2016CNeuroscienceLaboratory__03_2016C
NeuroscienceLaboratory__03_2016C
 
Fields of psychology.Sensation,Perception pptx
Fields of psychology.Sensation,Perception pptxFields of psychology.Sensation,Perception pptx
Fields of psychology.Sensation,Perception pptx
 
Mind vs brain
Mind vs brainMind vs brain
Mind vs brain
 
Brain Health.pdf
Brain Health.pdfBrain Health.pdf
Brain Health.pdf
 
Psychology
PsychologyPsychology
Psychology
 
Behavioural finance -NeuroEconomics and Investor Behaviors
Behavioural finance -NeuroEconomics and Investor BehaviorsBehavioural finance -NeuroEconomics and Investor Behaviors
Behavioural finance -NeuroEconomics and Investor Behaviors
 
Why we do what we do
Why we do what we doWhy we do what we do
Why we do what we do
 
Intro to the brain (gen psych)
Intro to the brain (gen psych)Intro to the brain (gen psych)
Intro to the brain (gen psych)
 
Reflective learning
Reflective learningReflective learning
Reflective learning
 
Emotional Intelligence
Emotional IntelligenceEmotional Intelligence
Emotional Intelligence
 
Why Neuroscience and Marketing Don't Mix
Why Neuroscience and Marketing Don't MixWhy Neuroscience and Marketing Don't Mix
Why Neuroscience and Marketing Don't Mix
 
Neuroscience of Self Change
Neuroscience of Self Change Neuroscience of Self Change
Neuroscience of Self Change
 
How The Mind Works - The Truth About The Fiction Of Reality
How The Mind Works - The Truth About The Fiction Of RealityHow The Mind Works - The Truth About The Fiction Of Reality
How The Mind Works - The Truth About The Fiction Of Reality
 

Recently uploaded

Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCRsoniya singh
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxBanana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxgeorgebrinton95
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc.../:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...lizamodels9
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckHajeJanKamps
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfmuskan1121w
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 

Recently uploaded (20)

Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxBanana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc.../:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdf
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 

Neuromarketing

  • 1.
  • 2.
  • 3. • CONTENTS • What is Neuromarketing? • How neuromarketing emerged? • Purpose of Neuromarketing • Neuroscience & Brain’s working system. • The Methods used in neuromarketing • Some researches on neuromarketing • The Books & Authors related to neuromarketing • Pros & Cons of Neuromarketing
  • 4. • Neuromarketing is a field that claims to apply the principles of neuroscience to marketing research, studying consumers' sensorimotor, cognitive, and affective response to marketing stimuli. Researchers use technologies such as functional magnetic resonance imaging (fMRI) to measure changes in activity in parts of the brain, electroencephalography (EEG) and Steady state topography (SST) to measure activity in specific regional spectra of the brain response; sensors to measure changes in one's physiological state, also known as biometrics, including heart rate, respiratory rate, and galvanic skin response; facial coding to categorize the physical expression of emotion; or eye tracking to identify focal attention - all in order to learn why consumers make the decisions they do, and which brain areas are responsible (Wikipedia)
  • 5. • Neuromarketing is the application of neuroscience to marketing. Neuromarketing includes the direct use of brain imaging, scanning, or other brain activity measurement technology to measure a subject’s response to specific products, packaging, advertising, or other marketing elements. In some cases, the brain responses measured by these techniques may not be consciously perceived by the subject; hence, this data may be more revealing than self-reporting on surveys, in focus groups, etc. Roger Dooley
  • 6. • Neuromarketing – Selling to the Old Brain for Instant Success Patrick Renvoise and Christophe Morin. 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.
  • 7. P U R P O S E • To better meet "unmet" market needs, connect and drive "the buy". • To inform the development of products and communications - really to inform the brand's 4Ps & services 7Ps • To guide marketers to just the right product designs, packaging and ad messages to boost sales. • To increase service quality in servicescapes • To have better management of TQM
  • 8. • HISTORY • Firstly, Neuromarketing emerged in 1990s in USA Then, it introduced in June 2002 by: An Atlanta advertising firm: BrightHouse For the creation of a business division using fMRI for marketing research On the basis of neuroscience research One manifestation of neuroculture The premise:  consumer buying decisions are made in split seconds in the subconscious, emotional part of the brain Thus: What we like, don't like, want, fear, are bored by, etc. is indicated by our brain's reactions to brand stimuli HISTORY
  • 9.
  • 10.
  • 12.
  • 13.
  • 14. 15% of human behaviour is conscious, 85% is subconscious.
  • 16. From thisview,itcanbesaidthatneuromarketing hasa capabilitytomakeafairanalysisofproduct/service /brandrelationship andithashighimportancefor advertisors. Duringpurchasingprocess, bymeansof neuromarketing methods, ourbraincanbe monitored andrealdecision makingstrategyand motivations canbeexplained explicitly.
  • 17. • Neuromarketing is examining how the brain works during the buying process and what kind of responses it gives. • How does the Brain work?
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28. • New brain thinks, processes the rational data, and resonsible for intellectual continuums. • Middle brain feels, processes emotions and feelings coming from inside. • Old brain makes the main decision and considers the data coming from other two brain parts.
  • 29.
  • 30. • Old Brain is the first developing part of the brain when the fetus in the womb. • Old Brain makes the decisions related to the survival of the organism • Old Brain has self-centered characteristics, and has no emphaty and patience to the stimulus which don’t provide any benefit or which are not responsible for its survival. • It is sensible to the conflicts. • It is attentive to the beginning and end of sth. • Waiting, by stimulating the reward center in the old brain, provides to excrete dophamine,which serves as neurotransmitter
  • 31. • Old Brain reacts to visual stimulus. • Optic nerves are much more speedy than acustic nerves. It perceives quicker than high brain and doesn’t recognize the words. It shows that visual stimuli can create bonds with emotional stages. • It makes decisions regarding reward and punishment balance. • Two main factors effecting our behavior and decisions are hedonistic approach and avoidance from pain.
  • 32. • Besides the working mechanism of brain, there are some neurons and hormones which are effective on the brain’s mechanism, individual’s reactions and buying behavior processes. • Mirror Neurons: The neuron "mirrors" the behavior of the other, as though the observer were itself acting. These reacts to objects including certain movement. For example, the reason of crying when we see an actor is crying in the movie is due to from these mirror neurons,in deed.
  • 33. • Our brain reacts as if we were doing these actions ourselves. • Imitation of other’s behaviours is resulting from these mirror neurons. • This tendency of behavior is coming from innate. It can also be seen newborn’s actions and behaviours • Mirror neurons explains that why we laugh when we see someone joyful or why we wince when we see someone is suffering. • Do you aware of why you are yawning when someone is yawning in front of you?
  • 34. • Example: In UNILEVER, managers realized that when someone is talking about itching, the other people in the focus group start to itching their heads. • Briefly, while we’re observing or reading that someone is doing sth, we’re also doing the same thing in our mind. Considering the buying behavior, mirror neurons are reflecting as imitating the same buying behavior. For example, Apple’s headphones, GAP’s young and sexual clothes are providing that people feel themselves when they buy the same equipments and clothes, they would seem as young as the dummies in the store window.(Actually, they are buying an image or attitude)
  • 35. • In SMILING TEST, it was seen that we could remember the people whose behaviour and attitude were positive, and buying behaviour would be easier in this kind of environment.
  • 36. The main reason of coming into fashion of Computer games such as Guitar Hero 3, The Simps, Second life is in deed the mirror neurons.
  • 37. • When you become skilled to play a more difficult melody in Guitar Hero, • When you reach an upper level in Second Life, • Your mirror neurons construct an emotional connection between you and virtual reality. • These kind of virtual tools are providing the same pleasure in the mind with the real world.
  • 38. • A clue, especially for service marketing: • Mirror Neurons can evoke the same part of brain with the scent and visual element which are compatible to each other. Think that when your eyes closed you heard that a paper was being torn. You can understand that was a paper by visualizing it in your mind by help of mirror neurons Mirror Neurons don’t work without dophamine or oxytosin which are effective on decision making process. By releasing oxytosin, people are becoming more sharing and nearer to more donating behaviour. The response to the brand preference occurs in the prefrontal cortex which executes the thinking and justice process
  • 39. • According to this information, the effectiveness of a brand image in the brain is much more stronger than the messages transmitted to the brain by a sense of taste in the tongue.
  • 40. • THALAMUS: One of the functions of thalamus is to process the sensory information and to send to the related part of the cortex. For instance, a visual info comes from retina, goes to thalamus, then processed in the related part of the brain. The paths of all senses goes to thalamus as in the example above, only scent follows a different path. It has no relationship with thalamus. It directly goes to AMYGDALA which is the center of the emotions. • Due to amygdala is next to the memory center of brain, scent impresses deeply.
  • 41. • Scientists concluded that sports cars activate the ventral putamen part which describes the reward emotions in the brain. Ventral Putamen also describes social predominancy and sexual pleasure in the brain. • In the experiments, subject’s same brain part was activated when they saw a mini-cooper or a baby face
  • 42. • Warnings on the cigarette packets are stimulating the NUCLEUS ACCUMBENS part of the brain and the dophamin released in this region is building up more desire.
  • 43. • Having high loyalty brands are stimulating the same part of the brain with the religious emotions • Consumers are buying only 8% of product that they are looking at. • Purchasing process are different from culture to culture.
  • 44. METHODS IN NEUROMARKETING • FMRI(FunctionalMagneticResonanceImagination) • EEG(ElectroEnsaphaloGraph) • WEB EEG • SST(Steady State Typography) • EYE TRACKING • GALVANIC SKIN RESPONSE • VOICE ANALYSIS • FACIAL DECODING
  • 45.
  • 46.
  • 47.
  • 48.
  • 49.
  • 50.
  • 51.
  • 52. • By analyzing the electric currents which are comprimising the data coming from each pieces of emotion, EEG gives us the information of which part of brain is being activated during the consumption process or while the individual is observing any object • Same kind of emotions are activating the same part of the brain. For example, when people from different culture are excited, the same part of their brain is being activated.
  • 53.
  • 54. Eye Tracking Technic measures sensitively and reports the eye-pupils’ movements results. During the buying process, this technic measures where consumers looking at or while individual is observing any object. It is being used from the beginning of 1980s.
  • 55.
  • 56. • In WEB EEG researches, by using eye tracking and EEG equipments synchronically it is possible that to reveal the users are looking at which part of the web page and also, when they have in difficulty, what kind of designs are attracting the users. • WEB EEG helps to buyers about how to use the web page, and brand name and logo to increase the emotional affect in the mind of customer.
  • 57. • Facial Decoding enables to measure the biometric effects by interpreting the facial expressions.
  • 58.
  • 59.
  • 60.
  • 61. In Voice analysis technic, it is possible to obtain the data by analyzing the voice of customers when they are reacting to stimuli.
  • 62.
  • 63.
  • 64.
  • 65.
  • 66.
  • 67.
  • 68.
  • 69.
  • 70.
  • 71.
  • 72.
  • 73.
  • 74.
  • 75.
  • 77.
  • 78. • PROS: One of the important features of neuromarketing is to obtain much faster and more reliable results with small sampling structure comparing to the traditional researches. • With the help of neuromarketing, systematic or nonsystematic errors can be minimized in focus group studies which are known as the most effective research technic until now. • In focus groups, if we consider that people are not telling the truth most of the time, it is much more understandable the need to use of neuromarketing researches in the field.
  • 79. • The cost is not so high than it is thought , even in some projects, it is more cost-effective than conventional research. The main reason of this feature is to being possible to reach the certain results with the small amount of data. Because when the people’s same type of emotion is triggered, their same brain part is being activated. • It provides a guideline in a concise and clear way for future communication strategies and brand development. • It can be used in many areas such as ads, movies, brand perception, web sites,shop designs, servicescapes, even in political party programmes which are appealing to five senses.
  • 80. • Neuromarketing doesn’t ask questions. • It enables to exclude the disturbing parts or creating loss of interest parts of the ads. • Organizations may have benefit of cost- effectiveness and efficiency of neuromarketing methods. CONS : Neuromarketing technics are being discussed as not being manipulative. Due to it is newly being started to use in Turkey, sometimes researchers may hesitate to apply in the field.
  • 81. • In order to predict the success or failure of a product or service, organizations would utilize more than the conventional methods. • with the increase in demand for neuromarketing, its methods wold be cheaper and easier. • This would help to be more common in the future • for neuromarketing.