Studies seeking to understand the human decision making process is nothing new, but the article does highlight some of the more interesting research. In one study, scientists placed volunteers into a MRI machine and presented them with pictures of about 80 products, and their associated prices. The testing showed that the brain actually evaluates purchasing decisions based on the anticipated pain or pleasure that the decision will cause. When subjects saw prices that they felt were too high or otherwise unagreeable, the area of the brain associated with pain was activated. Similarly, agreeable prices lit up the pleasure sensors.
I'll be interested to see, as this research begins to move toward application and away from academics, how (if) the corporate world will react. Makes me think of a survey I came across recently, conducted by the brand strategy firm Prophet, which asked a wide swath of senior-level marketers about their companies reaction to new/innovative marketing strategies. 37% of marketers admit that new marketing approaches in their company are only adopted when they have been proven to be successful in the market. Hmm...
While most of what you are hearing about in neuromarketing is academic work, some companies are indeed spending money on fMRI ad testing, and neuroscience profs are starting consultancies to tap into this market.
ReplyDeleteThere has been interesting work on branding, too. (See Brain Branding.) In the short run, the branding work may be more significant than ad analysis.