According to Wikipedia, “neuromarketing is a new field of marketing that studies consumers’ sensorimotor, cognitive, and affective responses to marketing stimuli. Researchers use technologies such as functional magnetic resonance imaging (fMRI) to measure changes in activity in parts of the brain, electroencephalography (EEG) to measure activity in specific regional spectra of the brain response, and/or sensors to measure changes in one’s physiological state such as heart rate, respiratory rate, galvanic skin response, etc. The goal is to learn why consumers make the decisions they do, and what part of the brain is telling them to do it.”
In the past, neuromarketing was a very expensive approach to marketing, but it is definitely more affordable as technological advances have been made. So, it is more accessible to more companies. Now, you may not be ready to embrace this type of market research for your company, but you may be able to stretch your marketing efforts a bit to really understand what drives your customers to purchase your products. As the technology matures, neuromarketing also will grow in popularity and use.
Nicely presented information in business marketing research post, I prefer to read this kind of stuff. The quality of content is fine and the conclusion is good. Thanks for the post.