To understand neuromarketing meaning, you have to dig deeply into the concept of neuromarketology. The idea behind neuromarketology is that our core brain responds to specific marketing messages, timing, and imagery. If we are able to understand what specific stimuli a person’s core brain responds to, we can personalize marketing campaigns to the level of the individual. In order to do this, we must segment our target audience into subgroups that share similar values, characteristics, or beliefs. This will help us to identify their specific needs and expectations, which allows us to provide an individualized marketing campaign.
By creating an individualized communications approach for all of the people within your target audience, you can easily increase the value of each marketing dollar you spend. This is what gives the strategy of neuromarketing meaning. In fact knowing the connection points of each individual in your marketing messages will provide the basis for making a lasting relationship between your brand and each individual customer. This 1to1 marketing approach allows you to focus on each customer or prospect with a relevant message that will evoke a positive response to your brand. Using neuromarketing techniques will allow you to build your brand in such a way that it maintains a longer-lasting impact upon your customers.
As customers demand more, it’s important that we adjust the way we market to them. Neuromarketology provides a hyper-relevant avenue by which you can reach these customers. It also helps your marketing group utilize the power of cutting-edge technologies, current positioning strategies, and branding techniques. As your audiences diverge into smaller, more specific market segments, neuromarketing will furnish you with the roadmap and vehicles that can be used to reach your customers. Today’s economy presents us with both challenges and opportunities. Neuromarketing is the way to meet those challenges and seize the opportunities.
Unfortunately, many of today’s marketing methods are obsolete. Neuromarketology addresses this issue with a facts-based, scientific way to reach individual customers. The current market conditions warrant a better way to reach your customers. Neuromarketing allows you to open up a dialogue with each member of your target audience. Why would you continue to use the same marketing practices that no longer help you gain market share when you could be exposing your message to individual customers in a manner that is relevant to them? This is what really gives neuromarketing meaning.
The question on many business owners’ minds is, “What is neuromarketing?” Exploring the brain of the consumer. The answer is as simple as that. Of course, most of you probably won’t settle for an answer like that. Savvy marketers want to know the details. If that’s the case, you’ve come to the right place.
During the early ’80’s, Pepsi ran a marketing campaign that pitted Pepsi versus Coca-Cola in a blind taste test. Random consumers were asked to choose which soda they liked best while they were blindfolded. Despite the fact that people invariably chose Pepsi, it did not become the dominant soft drink on the market.
A neuroscientist named Read Montague wondered why, so he developed a test that once again pitted Coke and Pepsi against each other. This time, though, participants were hooked up to an MRI while they tested each product. The results were about a 50/50 split between the two products. However, when participants were told that they were drinking Coke, over 75% of them said they liked it better.
What was more intriguing was the fact that when participants were told the soda they were drinking was Coke, their medial prefrontal cortex started firing. Montague theorized that their brains were focusing on the brand and overriding the actual taste of the product. This was the beginning of the study of neuromarketing.
Like Montague, marketers want to figure out what makes consumers tick. Understanding what goes on in a consumer’s mind and the psychological responses that a consumer has to a product or brand is the whole point of neuromarketing. Exploring the brain of the consumer is at the crossroads of clinical psychology, neuroscience, and marketing.
As a businessperson, you probably want to know what makes your customers tick, too. You’re interested in how to sell more of your products or services, and create brand loyalty. Neuromarketing is a 1 to 1 marketing strategy that can help you develop highly targeted, personalized marketing programs for your customers and potential customers. It brings together the best of converging technologies and utilizes all forms of media in order to provide hyper-relevant marketing communication to your target audience. In return, you receive unparalleled ROI.
Neuromarketing has helped many businesses gain a strong foothold within the realm of marketing to their customers on a 1 to 1 basis. Isn’t it about time that your business began harnessing the power of this amazing marketing strategy?