The Need for Neuromarketing

1001 Words3 Pages

Introduction The need for Neuromarketing: In this world, creating a new product, as good as it may be, is not enough. The success of any product, in this day and age, depends grandly on the way it is presented to the market. Marketing is responsible in assuring a successful launch of a product, new or reinvented, and to assure its sustainability in this competitive world. For those reasons, billions of dollars are spent each year on tools and strategies to improve marketing research and predict the success of a product: many marketing firms form focus groups, do trials and conduct many tests just to end up with a fairly high percentage of failures. With the multitudes of new companies emerging, the market place has never been this competitive, and continues to get more crowded, which reduces the likelihood of success for any firm. Marketers are having a much harder time trying to predict what appeals to their target consumers. It would be a miracle if they could just read the consumers minds and finally focus on their exact needs! Do you think that marketers would dare tapping into the human brain? The answer to that is yes: marketers today are resorting to neuroscience to learn why consumers make the decisions they do, and what part of the brain is telling them to do it. A new concept was born in the marketing world; we talk about Neuromarketing. What is neuromarketing? “Neuromarketing is a new field of marketing research that studies consumers’ sensorimotor, cognitive, and affective response to marketing stimuli.” The technologies used by the researchers range from functional magnetic resonance imaging (fMRI) that measures the changes in the different parts of the brain, to Steady state topography (SST) an... ... middle of paper ... ...n selling more and more everyday. It wouldn’t be fair to only accuse neuromarketing of such wrongdoings. We should not confuse the tool (neuromarketing) and the purpose of the actions that are fundamentally economic. Neuromarketing and the youth: Shouldn’t we fear the effect that neuromarketing could have on our defenseless youth? Humans, at a young age, are known to be easily influenced. Neuromarketing targeting the young can attract them towards consuming unhealthy products resulting in pathologies, addictions and obesity. We can also already see the popularity of those violent video games amongst the young. With neuromarketing, the video game industry can trigger positive feelings with the violent games. Some could believe that this might affect the character of the customers, leading them to think that violence and theft are acceptable in our society.

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