Abstract |
Neuromarketing, also known as consumer neuroscience, is a field of study that focuses on the analysis of the brain to forecast and, potentially, even manipulate the behaviour and decisionmaking of consumers. Over the course of the past five years, a number of ground-breaking studies have shown that it has the opportunity to generate value for marketers. The assessment of physiological and neural signals to delve into the choices, judgements, and possible motives of customers order to delve into the choices, judgements, and possible motives of customers is what is generally meant when the term “neuromarketing” is used. Standard techniques include brain scanning to determine neural activity and physiological tracking to determine other forms of exercise like eye movement. This paper looks at some of the studies that have been conducted on those methods and discusses the advantages and disadvantages of using them. Experts caution that the domain is riddled with operators who grossly overstate what neuromarketing can deliver, so prospective users of neuromarketing must exercise caution when working in conjunction with specialist consultants. Are there any of the consultancy`s data, methods, or tools been published in journals that have been subjected to peer review? Do the consultants also have expertise in marketing in addition to their knowledge of the sciences?
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