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Neuromarketing Insights

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Definition of Neuromarketing

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The study of how marketing stimuli impact the human brain's decision-making processes and the influences on consumer behavior.

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Role of Emotions in Neuromarketing

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Emotions significantly impact how consumers process and remember information, often driving purchase decisions more effectively than rational thought.

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Application of EEG in Neuromarketing

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Electroencephalography (EEG) is used to measure the electrical activity of the brain to understand consumers' emotional and cognitive responses to marketing stimuli.

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Use of fMRI in Neuromarketing

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Functional Magnetic Resonance Imaging (fMRI) provides insights into how different brain areas are activated while processing marketing information, indicating consumers' preferences and attentiveness.

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Importance of Mirror Neurons in Neuromarketing

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Mirror neurons play a role in empathy and imitation, which marketers can leverage to create campaigns that resonate emotionally and encourage consumers to mimic behaviors.

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Impact of Colors in Marketing

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Colors can evoke different emotional responses and associations with products or brands, influencing purchase decisions and brand perception.

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The Role of Sensory Marketing

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Sensory marketing targets all five senses to create compelling brand experiences and enhance memory encoding, thus influencing consumer behavior.

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Effect of Pricing on Consumer's Brain

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The perception of price can trigger pain-related responses in the brain's insula, with consumers experiencing pleasure when they perceive a deal as good.

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Influence of Brand Storytelling

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Narratives and storytelling activate brain regions involved in making emotional connections, leading to greater brand recall and loyalty.

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Role of Subliminal Messaging

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Subliminal messages can unconsciously affect consumer attitudes and behaviors by bypassing awareness and rational scrutiny.

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Decision-making and the Pre-frontal Cortex

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The pre-frontal cortex is key in decision-making and can be influenced by marketing strategies to affect choices and judgment.

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Visual Attention and Eye Tracking

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Eye tracking technology allows marketers to see what attracts consumers' visual attention and how they visually interact with advertisements and products.

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Neuromarketing and Product Packaging

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Product packaging design can affect the neural pathways related to aesthetic appreciation and reward, impacting product attractiveness and purchase likelihood.

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The Influence of Music on Shopping Behavior

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Background music in stores can influence mood, pacing, and overall shopping experience, which in turn can affect consumer spending habits.

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The Role of Social Proof in Consumer Behavior

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Observing others' behavior, especially within social media, can impact consumers' brain responses and lead to conformity, often resulting in similar purchase decisions.

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Influence of Scarcity on Decision Making

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Scarcity can activate innate loss aversion and urgency, prompting consumers' brains to place higher value on limited or exclusive offerings.

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The Endowment Effect in Neuromarketing

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The endowment effect is the cognitive bias in which consumers ascribe more value to things merely because they own them, which can be used to drive customer retention and upselling.

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Impact of Reciprocity on Consumer Loyalty

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Reciprocity, where consumers feel obliged to return a favor, can create a loyalty loop influencing repeat purchases when brands offer free trials, gifts, or bonuses.

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Choice Overload and Consumer Decision Fatigue

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Having too many options can overwhelm the brain, leading to decision fatigue and potentially causing consumers to delay or default in their purchase decisions.

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Neuroplasticity and Brand Associations

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Brand associations can become stronger over time due to neuroplasticity, as repeated exposures reinforce neural connections related to a brand's identity and values.

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Olfactory Marketing and Memory

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Scents can trigger powerful memories and emotions, making olfactory marketing an effective tool for creating lasting brand impressions.

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Gender Differences in Neuromarketing

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Men and women may respond differently to marketing stimuli, influencing how campaigns should be tailored to different audiences for maximum impact.

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The Boomerang Effect in Neuromarketing

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When consumers perceive attempts at persuasion are too blatant or intrusive, it can backfire, leading to resistance and the opposite intended behavior.

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The Halo Effect in Brand Perception

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A positive impression in one area (such as aesthetics or brand reputation) can positively influence one's perception in other areas, affecting overall consumer attitudes and behaviors towards a brand.

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Crossmodal Correspondences in Neuromarketing

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The brain's integration of information across different sensory modalities can be used in marketing to create more immersive brand experiences and product designs.

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