Analyzing the Strategic Role of Neuromarketing and Consumer Neuroscience

Analyzing the Strategic Role of Neuromarketing and Consumer Neuroscience
Author: Atli, Dincer
Publisher: IGI Global
Total Pages: 304
Release: 2020-06-19
Genre: Business & Economics
ISBN: 1799831280

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Marketing research in modern business has developed to include more than just data analytics. Today, an emerging interest within scientific marketing researches is the movement away from consumer research toward the use of direct neuroscientific approaches called neuromarketing. For companies to be profitable, they need to utilize the neuromarketing approach to understand how consumers view products and react to marketing, both consciously and unconsciously. Analyzing the Strategic Role of Neuromarketing and Consumer Neuroscience is a key reference source that provides relevant theoretical frameworks and the latest empirical research findings in the neuromarketing field. While highlighting topics such as advertising technologies, consumer behavior, and digital marketing, this publication explores cognitive practices and the methods of engaging customers on a neurological level. This book is ideally designed for marketers, advertisers, product developers, brand managers, consumer behavior analysts, consumer psychologists, managers, executives, behaviorists, business professionals, neuroscientists, academicians, and students.

The Neuro-Consumer

The Neuro-Consumer
Author: Anne-Sophie Bayle-Tourtoulou
Publisher: Routledge
Total Pages: 322
Release: 2020-04-24
Genre: Business & Economics
ISBN: 1000055485

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Neuroscientific research shows that the great majority of purchase decisions are irrational and driven by subconscious mechanisms in our brains. This is hugely disruptive to the rational, logical arguments of traditional communication and marketing practices and we are just starting to understand how organizations must adapt their strategies. This book explains the subconscious behavior of the "neuro-consumer" and shows how major international companies are using these findings to cast light on their own consumers’ behavior. Written in plain English for business and management readers with no scientific background, it focuses on: how to adapt marketing and communication to the subconscious and irrational behaviors of consumers; the direct influence of the primary senses (sight, hearing, smell, taste, touch) on purchasing decisions and the perception of communications by customers’ brains; implications for innovation, packaging, price, retail environments and advertising; the use of "nudges" and artifices to increase marketing and communication efficiency by making them neuro-compatible with the brain’s subconscious expectations; the influence of social media and communities on consumers’ decisions – when collective conscience is gradually replacing individual conscience and recommendation becomes more important than communication; and the ethical limits and considerations that organizations must heed when following these principles. Authored by two globally recognized leaders in business and neuroscience, this book is an essential companion to marketers and brand strategists interested in neuroscience and vital reading for any advanced student or researcher in this area.

Applying Neuroscience to Business Practice

Applying Neuroscience to Business Practice
Author: Dos Santos, Manuel Alonso
Publisher: IGI Global
Total Pages: 351
Release: 2016-10-25
Genre: Psychology
ISBN: 152251029X

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Neuroscience is a multidisciplinary research area that evaluates the structural and organizational function of the nervous system. When applied to business practices, it is possible to investigate how consumers, managers, and marketers makes decisions and how their emotions may play a role in those decisions. Applying Neuroscience to Business Practice provides theoretical frameworks and current empirical research in the field. Highlighting scientific studies and real-world applications on how neuroscience is being utilized in business practices and marketing strategies to benefit organizations, as well as emergent business and management techniques being developed from this research, this book is a pivotal reference source for researchers, managers, and students.

Neuromarketing and Big Data Analytics for Strategic Consumer Engagement: Emerging Research and Opportunities

Neuromarketing and Big Data Analytics for Strategic Consumer Engagement: Emerging Research and Opportunities
Author: de Sousa, Joana Coutinho
Publisher: IGI Global
Total Pages: 211
Release: 2017-12-30
Genre: Business & Economics
ISBN: 1522548351

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A new sub-area of marketing is emerging called neuromarketing. It combines psychology, neuroscience, and economics with the study of consumer motivations. This is leading to the creation of new technological approaches that enable companies to read the customer's mind and tailor marketing practices, products, and services. Neuromarketing and Big Data Analytics for Strategic Consumer Engagement: Emerging Research and Opportunities provides emerging information on the issues involved in the field of neuromarketing, including models, technologies, and the methodology of this field. Highlighting the intricacies of neuroscience, biometrics, multimedia technology, marketing strategy, and big data management, this book is an ideal resource for researchers, neuroscientists, marketers, suppliers, customers, and investors seeking current research on the integration of new neuromarketing trends and technologies.

Neuromarketing in the B-to-B-Sector: Importance, Potential and Its Implications for Brand Management

Neuromarketing in the B-to-B-Sector: Importance, Potential and Its Implications for Brand Management
Author: Friedrich Gentner
Publisher: Diplomica Verlag
Total Pages: 83
Release: 2012-02
Genre: Business & Economics
ISBN: 3842872828

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Business administration theory has dealt since its inception with the issue of providing practical support to corporate decision making. For their explanatory models, it has resourced the knowledge body provided by economics, philosophy, sociology, and psychology. In the last few years it increasingly draws also on the findings taken from neuroscience. By means of so-called imaging techniques, neuroscientists can conduct a deeper analysis of the relationships and processes in the brain. The question of how buying decisions occur, and how these may be influenced has finally created Neuromarketing. The findings from this research filed reveal that feelings and emotions play a much greater role than previously supposed and that these can be addressed through brands. However, the management of immaterial values such as brands does not fit well with the predominantly engineering-oriented mindset of top management in B-to-B companies. In his preface to "B-to-B-Markenfhrung", Klaus Backhaus states: "Effektive und effiziente Markenpolitik ist in der Praxis des Business-to-Business-Marketing immer noch ein Stiefkind, auch wenn mittlerweile eine Reihe von wissenschaftlichen Ver”ffentlichungen bis hin zu Lehrbchern zur Markenpolitik in diesem Bereich vorliegt. Einer der wesentlichen Grnde hierfr liegt sicherlich darin, dass der Business-to-Business-Bereich stark durch Personen mit einer technischen bzw. ingenieurwissenschaftlichen Ausbildung gepr„gt ist, die fr ?intangible assets?, wie sie die Marke darstellt, erfahrungsgem„á weniger Aufmerksamkeit aufbringen.". Even though the purchase decision is made by the "Buying Center" in the B-to-B market, the assumption prevails that the findings from Neuromarketing can still be applied because this group consists of human beings as well. This book will consider the findings taken from Neuromarketing in the light of particular instances of B-to-B-Marketing. The question will be raised as to why and to what extent Neuromarketing is relevant for brand management in B-to-B-Marketing. The possibilities arising from this comparison will only be presented as examples and do not claim to be complete. An example from the Corporate Communication Sector at Siemens will be taken to display the application.

Neuromarketing in Business

Neuromarketing in Business
Author: Benny B. Briesemeister
Publisher: Springer Nature
Total Pages: 140
Release: 2022-01-03
Genre: Business & Economics
ISBN: 3658351853

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This book shows how neuromarketing works in practice. It describes how companies can use the methods and insights of neuroscience to make better decisions themselves. It brings together real-world use cases in the area of applied neuroscience, collected from the globally leading consumer neuroscience companies and their clients. The use cases come from a variety of business areas, from advertising research to store design, from finding the right name for a brand to designing a compelling website. The book reveals how clients engage in neuromarketing; the business problems they can encounter, and have encountered, solving with this new approach; and the values they generate.

The Rise of Neuromarketing

The Rise of Neuromarketing
Author: Kim Domingo Reyes
Publisher: Zee Publishing
Total Pages: 108
Release: 2024-05-23
Genre: Business & Economics
ISBN:

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Unlock the Secrets of the Consumer Mind and Revolutionize Your Marketing Strategies In the ever-evolving landscape of modern marketing, where capturing consumer attention and driving action is paramount, a groundbreaking field has emerged that promises to reshape the way businesses understand and influence consumer behavior. This field, known as neuromarketing, delves into the intricate workings of the human brain to uncover the hidden motivations and desires that drive our purchasing decisions. In "The Rise of Neuromarketing: Revolutionizing Consumer Behavior Understanding," renowned author Kim Domingo Reyes takes you on a captivating journey into the fascinating world of neuromarketing, revealing the cutting-edge research and practical techniques that are transforming the way businesses connect with their customers. Within these pages, you will discover: The neuroscience behind consumer behavior: Explore the intricate workings of the human brain and how it processes marketing stimuli, emotions, and decision-making. The six key stimuli that activate the "old brain": Learn how to tap into the primal instincts and desires that drive consumer choices, and use this knowledge to create more effective marketing messages and experiences. Cutting-edge neuromarketing methods and technologies: Discover the latest tools and techniques, such as fMRI, EEG, and eye-tracking, that are revolutionizing the way businesses understand and measure consumer responses. The four-step persuasion process: Master a proven framework for crafting persuasive marketing messages that resonate with consumers on a deep, emotional level. Practical applications of neuromarketing: Learn how to apply neuromarketing principles to real-world marketing challenges, from advertising and branding to product design, pricing, and customer experience. Don't miss out on this opportunity to gain a competitive edge in the ever-evolving world of marketing. Order your copy of "The Rise of Neuromarketing" today and unlock the secrets of the consumer mind!

Neuromarketing

Neuromarketing
Author: Leon Zurawicki
Publisher: Springer Science & Business Media
Total Pages: 291
Release: 2010-09-02
Genre: Business & Economics
ISBN: 3540778292

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Over the last 10 years advances in the new field of neuromarketing have yielded a host of findings which defy common stereotypes about consumer behavior. Reason and emotions do not necessarily appear as opposing forces. Rather, they complement one another. Hence, it reveals that consumers utilize mental accounting processes different from those assumed in marketers' logical inferences when it comes to time, problems with rating and choosing, and in post-purchase evaluation. People are often guided by illusions not only when they perceive the outside world but also when planning their actions - and consumer behavior is no exception. Strengthening the control over their own desires and the ability to navigate the maze of data are crucial skills consumers can gain to benefit themselves, marketers and the public. Understanding the mind of the consumer is the hardest task faced by business researchers. This book presents the first analytical perspective on the brain - and biometric studies which open a new frontier in market research.

AI and Data Engineering Solutions for Effective Marketing

AI and Data Engineering Solutions for Effective Marketing
Author: Alla, Lhoussaine
Publisher: IGI Global
Total Pages: 520
Release: 2024-07-17
Genre: Business & Economics
ISBN:

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In the world of contemporary marketing, a challenge exists — the relationship between data engineering, artificial intelligence, and the essential elements of effective marketing. Businesses find themselves at a crossroads, grappling with the imperative to navigate this complex landscape. This challenge serves as the backdrop for the exploration in AI and Data Engineering Solutions for Effective Marketing, a comprehensive reference tailored for academic scholars. Seamlessly integrating theoretical models with real-world applications, the book delves into critical facets of strategic and operational marketing. From the adoption of data science techniques to grappling with big data's vast potential, it offers a guide for academics seeking profound insights into the future of marketing strategies and their efficient execution. Designed for researchers, practitioners, and students with an interest in the intersection of artificial intelligence, data engineering, and marketing, this book serves as a guide for implementing new marketing management solutions and optimizing their operational efficiency. While the primary audience is researchers and practitioners in the field, the book is also tailored to benefit students seeking a deep understanding of the latest developments in marketing.

NEUROMARKETING

NEUROMARKETING
Author: DAVID SANDUA
Publisher: David Sandua
Total Pages: 220
Release: 2024-03-24
Genre: Business & Economics
ISBN:

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Discover the transformative power of neuromarketing in revolutionizing how you sell and connect with consumers. This book unveils the secrets behind the science of selling, merging neuroscience with cutting-edge marketing strategies to seduce today's consumer. Embark on a fascinating journey through the human brain to understand how subconscious desires and emotions influence buying decisions. With practical examples, successful case studies, and proven techniques, this book equips you with the necessary tools to capture your audience's attention, create persuasive ads, and design irresistible products. Regardless of your company's size or the product you offer, neuromarketing opens the door to a deep understanding of consumer behavior, allowing you to innovate and excel in the saturated market.