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Neuromarketing, The New Trend

Neuromarketing

All profit depends on marketing and thus this field is under constant evolution. Now, the scientist have found out a new effective method of marketing called 'neuromarketing'. A new research suggests that brain scans could be used as marketing tools in the future.

According to the analysis, done by Dan Ariely, scans of the human brain may help marketing experts to test a product's appeal while it is still being designed.

"Neuromarketing" takes uses the tools of modern brain science, like the functional MRI, and applies them to the likes and dislikes of customer decision-making.

Ariely says, that this tool may help marketers to gather information that was previously unobtainable, or that consumers themselves may not even be fully aware of.

Ariely and Gregory have offered tips on what to look for when hiring a neuromarketing firm, and what ethical considerations that should be followed.

Neuromarketing will add on to the benefits of other marketing tools and also have real promise in gauging the conscious and unconscious reactions of consumers in the design phase of such varied products as food, entertainment, buildings and political candidates.

Story first published: Friday, March 5, 2010, 15:38 [IST]
Read more about: neuromarketing brain