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June 16, 2005
Priya Shah, Editor
http://EbizWhizPublishing.com
Smart Marketing Or Jedi
Mind Control Trick?
As many of you know, I
lost my husband this month. Its been the most difficult month
of my life.
Although I still find it too painful to
discuss, what sustains me now are the memories of the love we shared,
and the fact that I have to get on with my life for my daughter and
family's sake.
So I got back to writing - both because
of my passion for it, and because I find it more therapeutic to do
something productive than brood.
You can read
my latest blog posts here
* Short-Term
Adsense Profits: Building A Business On A Bed Of Quicksand
* Is
Small Better With Google Adsense?
* How
To Use Your Blog To Publish Your Book
* Pushing
The Boundaries on Blogs: Do Fake Blogs Work?
* India,
Inc. Wakes Up To Blogs
Download
the report I review in my latest post above
I wrote a new article this month on a field
that I've been following with interest for a while. Feel free to publish
it in your own ezine or website as long as you follow
the copyright guidelines here.
_______________________________________________
Neuromarketing: Smart Marketing Or Jedi
Mind Control Trick?
Copyright © 2005 Priya
Shah
In the international bestseller "Blink,"
Malcolm Gladwell explains why our decisions to choose brands, select
a mate, sue our doctor or make choices that decide Presidential elections,
aren't as simple as they seem.
Why we often let unconscious biases affect
our opinions about people who are taller or have a different skin
colour. And why we find it even harder to explain them when asked.
I consider "Blink" essential
reading for all marketers. I mean, which blue-blooded marketer wouldn't
love to know how the workings of their customer’s brain will
decide if their new packaging is going to work or fail?
Or why their new website is converting
far fewer visitors than the old one? Of course we would.
But is it really possible to understand
why people choose Budweiser over Coors? George W. over John Kerry?
Coke over Pepsi?
No one knows for sure. And asking people
why they took those decisions doesn't necessarily give the right answers.
Why? Because most of us really haven't
a clue as to why we make those choices.
95% of consumer decision-making occurs
subconsciously, according to research from Harvard University, cited
in an article
in Time. That's a hell of a lot of decisions we have little or
no conscious control over.
In Blink, Gladwell also shows how sometimes
the sort of data that marketers rely on - such as market research
and focus groups - can fail miserably because they don't always predict
actual consumer behaviour, as Coca-Cola discovered during the New
Coke fiasco.
But new research is beginning to shine
a light on the mysterious workings of the neural processes behind
those snap decisions.
Known as "neuromarketing," this
controversial science could one day lead to new advertising strategies
that directly stimulate hard-wired mental reflexes rather than appealing
to fuzzy consumer attitudes, according to an article in Wired
News.
The Time article also cited research that
seems to have solved that eternal mystery – why people prefer
Coke over Pepsi. The answer lies in how people identify with brands.
Although consumers preferred Pepsi’s taste they choose Coke
because they identified with its brand better.
A branch of cognitive neuroscience, neuromarketing
relies heavily on the ability to visualise how the brain sees choices
and takes decisions, using brain scans and a process called functional
magnetic resonance imaging or fMRI.
fMRI measures the level of oxygen in the blood and tells scientists
which parts of the brain are most active.
According to the Wired article, this research
even recently revealed the differences in the brains of Democrats
and Republicans.
Consumer
groups worry that the research could lead to companies using more
effective "mind control" to brainwash consumers into decisions
that the companies desire, and have issued calls to ban the technology.
Imagine if the tobacco, alcohol, and gambling
industries (or even worse, politicians) should start exploiting such
information to manipulate the weak minds of their zombified consumers.
But the experts insist we are light years
away from such an Orwellian scenario, and believe that the research
will help businesses better understand the needs of their consumer
and show them how to make life better for their consumers.
Whatever the outcome, neuromarketing is
certainly going to be a bone of contention between marketers hoping
to get a better grip on their consumer’s decision making processes,
and consumer activists seeking to help consumers retain control over
their minds.
Warm regards,

Priya
Shah
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