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Dr.Shilpa.V
@GITAM
Neuro Marketing
University
Neuromarketing
• Neuromarketing employs cognitive-behavioral science
in a market-research setting to assess a consumer’s
response to marketing stimuli.
• Study of how people's brains respond to advertising
and other brand-related messages by scientifically
monitoring brainwave activity, eye tracking and skin
response
• Field of marketing which aims to study brain responses
to various marketing stimuli using technologies
FMRI
Functional magnetic
resonance imaging
EEG
Electro
Encephalogram
Eye
Tracking
Facial
coding
Biometrics
Science
Theory
Marketing
tools &
techniques
Learning and memory
• Memory affects our buying behavior.
• Learning and memory are closely related concepts.
• Learning is the acquisition of skill or knowledge, while
memory is the expression of what you've acquired.
• Another difference is the speed with which the two
things happen.
• If you acquire the new skill or knowledge slowly and
laboriously, that's learning.
Learning and memory
Valuation
Inter-temporal choice
• Intertemporal choice involves deciding
between smaller, sooner and larger, later
rewards.
People tend to prefer
smaller rewards that
are available earlier to
larger rewards
available later, a
phenomenon referred
to as temporal or delay
discounting.
Self-control
The capacity to resist temptations,
especially those relevant to
impulsive purchases and other
expenditures that are likely to be
regretted later on.
Program designed to increase customer
engagement and purchases in exchange for
discounts and other benefits.
Reinforcement learning
• Used in marketing to optimize various aspects of
customer engagement and marketing strategies. It
uses learning algorithms to predict and improve
marketing performance by enabling more
personalized, targeted, and effective customer
engagement strategies.
Personalization Pricing Ad targeting
Customer
journey
optimization
Reinforcement
learning in
marketing
Ad Spend
Optimization
Customer
Analytics
Digital
Marketing
Factorization
Marketing
Campaigns
Optimization
Predictive
Analytics
Retail
Marketing
Targeted
Campaigns
• Desire or craving for a particular product or service.
• The concept of wanting is closely related to the
broader field of consumer motivation
• Seeks to understand
the underlying
psychological and
behavioral factors
that drive consumers
to make purchasing
decisions.
Wanting
Neuro-ethics.
• Explores the ethical implications of advances in
neuroscience, including our understanding of the brain
and its functions, the development of brain-imaging
technologies, and the use of brain stimulation and
other interventions.
Privacy and
confidentiality
Informed
consent
Enhancement
Free will and
responsibility
Neurodiversity
Manipulation
and coercion
• It helps to ensure that the development and use of neuroscientific
methods are guided by ethical principles and that potential risks and
benefits are carefully considered and weighed.

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Neuro marketing.pptx

  • 2. Neuromarketing • Neuromarketing employs cognitive-behavioral science in a market-research setting to assess a consumer’s response to marketing stimuli. • Study of how people's brains respond to advertising and other brand-related messages by scientifically monitoring brainwave activity, eye tracking and skin response • Field of marketing which aims to study brain responses to various marketing stimuli using technologies FMRI Functional magnetic resonance imaging EEG Electro Encephalogram Eye Tracking Facial coding Biometrics
  • 5. • Memory affects our buying behavior. • Learning and memory are closely related concepts. • Learning is the acquisition of skill or knowledge, while memory is the expression of what you've acquired. • Another difference is the speed with which the two things happen. • If you acquire the new skill or knowledge slowly and laboriously, that's learning. Learning and memory
  • 6.
  • 7.
  • 9. Inter-temporal choice • Intertemporal choice involves deciding between smaller, sooner and larger, later rewards.
  • 10. People tend to prefer smaller rewards that are available earlier to larger rewards available later, a phenomenon referred to as temporal or delay discounting.
  • 11.
  • 12. Self-control The capacity to resist temptations, especially those relevant to impulsive purchases and other expenditures that are likely to be regretted later on.
  • 13.
  • 14. Program designed to increase customer engagement and purchases in exchange for discounts and other benefits.
  • 15.
  • 16. Reinforcement learning • Used in marketing to optimize various aspects of customer engagement and marketing strategies. It uses learning algorithms to predict and improve marketing performance by enabling more personalized, targeted, and effective customer engagement strategies. Personalization Pricing Ad targeting Customer journey optimization
  • 18. • Desire or craving for a particular product or service. • The concept of wanting is closely related to the broader field of consumer motivation • Seeks to understand the underlying psychological and behavioral factors that drive consumers to make purchasing decisions. Wanting
  • 19. Neuro-ethics. • Explores the ethical implications of advances in neuroscience, including our understanding of the brain and its functions, the development of brain-imaging technologies, and the use of brain stimulation and other interventions. Privacy and confidentiality Informed consent Enhancement Free will and responsibility Neurodiversity Manipulation and coercion • It helps to ensure that the development and use of neuroscientific methods are guided by ethical principles and that potential risks and benefits are carefully considered and weighed.