WHAT IS NEUROMARKETING AND HOW DOES IT HELP BRANDS?
While neuroscience has been around for decades, today marketers use a variety of tactics to influence people's behavior. Neuromarketing is used by companies seeking not only to improve their communication with customers, but also to help consumers make the right purchasing choices.
Many people don't know what neuromarketing is, despite the fact that large companies rely heavily on neuromarketing to create sales and go-to-market strategies.
Let's start with the definition of the term itself.
Neuromarketing is a comprehensive study of how people's brains respond to advertisements and other messages related to a brand. This research combines neuroscience, social psychology and market research. This approach helps to develop effective marketing campaigns and strategies in accordance with the target audience.
Neuromarketing provides a more detailed view of human behavior than traditional market research, which evaluates consumer behavior through methods such as surveys and focus groups. Neuromarketing strategies take a clear look at the behavior, preferences, and trends of consumers.
Why is neuromarketing important?
Neuromarketing includes various techniques that allow brands to understand the needs and preferences of customers and satisfy them. Business owners can study customer reactions to different types of ads, campaigns, and strategies. As a result, they choose the best option among all those offered and thus increase the efficiency of their business.
Besides the mentioned advantages of using neuromarketing, there are also the following:
1. Identifying unconscious customer reactions.
2. Conduct holistic marketing research.
3. Development of a unique strategy for business.
4. Improving customer experience.
5. Customer loyalty and satisfaction.
6. Increasing sales.
7. Gaining a competitive advantage.
After being convinced of the importance of neuromarketing, let's look at examples of companies that use this tactic for their business.
Well-known companies such as Coca-Cola and McDonald's are strong brands that are closely connected to their customers.
Coca-Cola has done various studies over the years to improve its brand. The company took into account the reactions of people to build a brand and run successful advertising campaigns. Coca-Cola not only uses neuromarketing, but also has its own neuroscience lab.
Coca-Cola has repeatedly changed the shape of the bottles to make them more attractive. The company also constantly researched consumer tastes and conducted A/B testing of ads to optimize sales.
Now imagine the famous McDonald's logo. The bright yellow letter M on a warm red background will give you pleasant memories and a slight feeling of hunger. Why does the image of a brand logo evoke so many emotions in a person? Only neuromarketing can answer this tricky question.
This is the main difference between neuromarketing and classical marketing: it focuses not on the mind of the consumer, but on his subconscious, primary instincts and mechanisms.
Today, neuromarketing is more important than ever because it is becoming increasingly difficult for marketers to capture the attention of an audience. Research helps marketers understand their target audience better than the target audience can understand itself. This leads to better marketing tactics and more sales.