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NEURO MARKETING
Inside the mind of the consumer;  What’s going on  in there? THE future  of advertising? The brain’s “buy button”.
Points of interest.
Basic
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion ,[object Object],[object Object],[object Object],Did you ever wonder?
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion ,[object Object],[object Object],[object Object],Did you ever wonder?
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion “ Neuromarketing is a field of study using  neuroscience   technology, such as functional magnetic resonance imaging (fMRI), to see  how people's brains respond   to advertising and other brand-related messages”. What is?
Practice
How neuromarketing works.
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Focus Group Laddering Survey Choice modeling Observation How neuromarketing works?
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion fMRI Facial coding Voice Analysis Eye tracking Response  Latency Zmet How neuromarketing works?
Round up
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion ,[object Object],[object Object],[object Object],Coke vs. Pepsi
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion In a study from the group of  Read Montague published in 2004; 67 people had their brains scanned while being given the “Pepsi Challenge”, a blind taste test of Coca Cola and Pepsi; 50% choose Pepsi and Pepsi tended to produce a stronger response than Coke in the brain's prefrontal cortex (region thought to process feelings of reward);  When the subjects were told they were drinking Coke, ¾ said that Coke tasted better; their brain activity had also changed.  The “lateral prefrontal cortex”, an area of the brain that scientists say governs high-level cognitive powers, and the hippocampus, an area related to memory, were now being used, indicating that the consumers were thinking about Coke and relating it to memories and other impressions.  Results showed that Pepsi should have half the market share, but in reality consumers are buying Coke for reasons related less to their taste preferences and more to their experience with the Coke brand. Coke vs. Pepsi
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion A DaimlerChrysler study in Ulm showed pictures of 66 different cars:  22 sports cars, 22 sedans and 22 small cars to 12 men, with an average age of 31, as they lay in a scanner.  Far more than the other models, sports cars excited areas of the brain associated with reward and reinforcement.  Among the sports cars that generated the strongest brain responses: the Ferrari 360 Modena, the BMW Z8 and the upcoming Mercedes SLR. Daimler Chrysler
[object Object],[object Object],[object Object],Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion ,[object Object],[object Object],[object Object],[object Object],[object Object],Supporters and opponents
[object Object],[object Object],[object Object],[object Object],Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Conclusion
Discussion
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Evolution of advertising or  unethical use of medical technology? Question 1
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Do you think that neuromarketing  will ever be used as a mainstream research method? Question 2
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion As brain imaging spreads to nonmedical uses,  will commerce overtake ethics? Question 3
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Are scanning technologies really  appropriate  for nonmedical uses?  Question 4
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Should advertisers probe human minds   as a means of boosting product sales? Question 5
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion In which measure  do you think that neuromarketing  will be bounded to political laws ?  Question 6
Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion If we are stuck with  our hands and our feet,  is the return  of neuromarketing  worth the investment? Question 7

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Danielle françois neuromarketing

  • 2. Inside the mind of the consumer; What’s going on in there? THE future of advertising? The brain’s “buy button”.
  • 5.
  • 6.
  • 7. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion “ Neuromarketing is a field of study using neuroscience technology, such as functional magnetic resonance imaging (fMRI), to see how people's brains respond to advertising and other brand-related messages”. What is?
  • 10. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Focus Group Laddering Survey Choice modeling Observation How neuromarketing works?
  • 11. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion fMRI Facial coding Voice Analysis Eye tracking Response Latency Zmet How neuromarketing works?
  • 13.
  • 14. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion In a study from the group of Read Montague published in 2004; 67 people had their brains scanned while being given the “Pepsi Challenge”, a blind taste test of Coca Cola and Pepsi; 50% choose Pepsi and Pepsi tended to produce a stronger response than Coke in the brain's prefrontal cortex (region thought to process feelings of reward); When the subjects were told they were drinking Coke, ¾ said that Coke tasted better; their brain activity had also changed. The “lateral prefrontal cortex”, an area of the brain that scientists say governs high-level cognitive powers, and the hippocampus, an area related to memory, were now being used, indicating that the consumers were thinking about Coke and relating it to memories and other impressions. Results showed that Pepsi should have half the market share, but in reality consumers are buying Coke for reasons related less to their taste preferences and more to their experience with the Coke brand. Coke vs. Pepsi
  • 15. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion A DaimlerChrysler study in Ulm showed pictures of 66 different cars: 22 sports cars, 22 sedans and 22 small cars to 12 men, with an average age of 31, as they lay in a scanner. Far more than the other models, sports cars excited areas of the brain associated with reward and reinforcement. Among the sports cars that generated the strongest brain responses: the Ferrari 360 Modena, the BMW Z8 and the upcoming Mercedes SLR. Daimler Chrysler
  • 16.
  • 17.
  • 19. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Evolution of advertising or unethical use of medical technology? Question 1
  • 20. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Do you think that neuromarketing will ever be used as a mainstream research method? Question 2
  • 21. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion As brain imaging spreads to nonmedical uses, will commerce overtake ethics? Question 3
  • 22. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Are scanning technologies really appropriate for nonmedical uses? Question 4
  • 23. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion Should advertisers probe human minds as a means of boosting product sales? Question 5
  • 24. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion In which measure do you think that neuromarketing will be bounded to political laws ? Question 6
  • 25. Did you ever wonder? What is? Traditional methods Psycho-physiological Cases Supporters & Opponents Conclusion Discussion If we are stuck with our hands and our feet, is the return of neuromarketing worth the investment? Question 7