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Neuromarketing wt video

Date post: 24-Jan-2015
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13
Ameya Wagle Anshul Talokar Zubin Tilwankar
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Page 1: Neuromarketing wt video

Ameya Wagle

Anshul Talokar

Zubin Tilwankar

Page 2: Neuromarketing wt video

2Test

Woodland

Bata

Page 3: Neuromarketing wt video

3Presentation Flow

Why

What

How

Examples

7 Insights

Critique

Page 4: Neuromarketing wt video

4

WHY

Why NeuroMarketing

• Cult Like Following / Zero Loyalty

• Why and how prospects buy the products

• Highest priced / lowest quality

Neuromarketing

Page 5: Neuromarketing wt video

5

WHAT

What is NeuroMarketing

Brainwave Activity

Eye Tracking

Skin Responses

Page 7: Neuromarketing wt video

7

How

How Brain Works

BRAIN

The Human Brain

The Mammalian Brain

The Reptilian Brain

• New / Outermost Brain

• Logic, Learning, Thoughts

The Human Brain

• Middle Brain• Emotions, Moods,

Memory

The Mammalian

Brain

• Old Brain• Basic Survival

functionsThe reptilian

brain

Page 8: Neuromarketing wt video

8

How

Neuromarketing – Measurement Tools

Focus Group

LadderingSurvey

Choice modeling

Observation

fMRIFacial coding

Voice Analysis

Eye tracking

Response Latency Zmet

Page 9: Neuromarketing wt video

9

EXAMPLE

Neuromarketing – Coke Vs. Pepsi

Page 10: Neuromarketing wt video

10

EXAMPLE

Neuromarketing – NewScientist

Page 11: Neuromarketing wt video

11

7 INSIGHTS

Neuromarketing – 7 Insights

The old brain is driven by emotions

Old brain decides on basis of gain vs. pain trade-off

Old brain is highly influenced by beginnings and endings

Old brain is visually oriented and responds rapidly to images.

Old brain perceives the “Pain of Buying” in relative, not absolute terms.

Old brain understands only what is tangible, physical & concrete.

Old brains control over buying decisions varies from culture to culture.

Page 12: Neuromarketing wt video

12

CRITIQUE

Neuromarketing – Critique

Supporters

• More effective

Advertisements

• Specific Products

Opponents

• Brainwashing

• Promotion of

degraded products

• Effective Political

Propaganda

Page 13: Neuromarketing wt video

13

Thank You . . .

Any


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