neuromarketing research practices...• early claims by neuromarketing firms were exaggerated. •...

1
DEFINITION AND METHODS USED NEUROMARKETING: HOPE OR HYPE? RELATED PROJECTS IN OUR LAB ACKNOWLEDGMENTS Funding was provided by the Stead Technology Services Group, marketing department research funds, a University of Iowa Instructional Improvement Award, and an ICRU Fellow scholarship. Thank you to Carl Beranek, John Carter, Marcy Kreda, and Bre Tobin for assistance with data collection and David Maddox for database design on this study. Special thanks to support provided by DJ Nayakankuppam. NEUROMARKETING RESEARCH PRACTICES a b REFERENCES Understanding Neuromarketing. Dr. David Lewis. Mindlab International Ltd. Page 4. http ://www.neuromarketing-labs.com/elektroencephalographie_en.html http://online.wsj.com/news/articles/SB10001424052748704804204575069562743700340 http://info.4imprint.com/wp-content/uploads/1P-07-0710-July-Blue-Paper- Neuromarketing.pdf SELECTED NEUROMARKETING CLIENTS Neuromarketing firms use neuroscience methods such as brain imaging (e.g., fMRI, EEG) and physiological measurements (e.g., eye tracking, heart rate, skin conductance) to address marketing issues such as: Advertising effectiveness Package design Television commercial optimization Evaluating shopper marketing Website optimization Improving experiences during games Examples of Methods Used Functional Magnetic Resonance Imaging (fMRI) Detects brain activity. Particularly good spatial resolution. Able to measure subjects’ unconscious processes. Electroencephalography (EEG) Detects brain activity. Particularly good temporal resolution. Able to measure subjects’ unconscious processes. Portable devices have been built allowing shoppers to wear EEGs while in stores. Eye Tracking Measures gaze direction and pupil dilation. Used to determine where consumers focus attention when looking at stimuli. Facial Expression Recognition Measures facial emotion expressions. Used to assess emotional responses to stimuli. Can also estimate age and gender. 1 Peter Roth & 2 William Hedgcock 1 School of Management, University of Iowa 2 Department of Marketing, University of Iowa Contact: [email protected] Our lab is currently running studies to evaluate whether physiological measures like heart rate, heart rate variability, eye tracking, pupil dilation, and facial emotion expressions can predict movie outcomes (based on reactions to movie trailers) and success of television commercials. SELECTED NEUROMARKETING STUDIES DONE BY FIRMS Hope Brain imaging and physiological methods have proven track records in academic research. These methods can provide important information about emotions and cognition that often cannot be assessed other ways. Unconscious processes, including emotions, can be important drivers of purchase decisions. Likely provide relevant information that traditional techniques cannot provide. Hype Early claims by neuromarketing firms were exaggerated. Unsure whether results from a small number of subjects in a lab will generalize to the marketplace. Track record unproven as many of the techniques are very new and most neuromarketing research has not been published in peer reviewed journals. Concerns about the ethics of using these techniques. Campbell’s Soup and Innerscope Methods Used: Skin conductance, heart rate, respiration, eye tracking, and pupil dilation. Goals: Determine factors that lead to soup purchases and evaluate new label design. Study Overview: Interviewed subjects at their homes. Then monitored physiological responses as consumer were shopping. Conclusion: Consumers who spent more time looking at soup varieties bought more soup than the consumer who made a quick decision. Label design needed to trigger emotional responses in consumers. Led to label with steam rising from soup. Designed four different color coded labels so varieties would be more visually distinct. 20 th Century Fox and Neuroco (now part of Nielsen) Methods Used: EEG and eye tracking. Goal: Tested response rate to advertisements inserted into a videogame. Determine which ads would be the most successful. Study Overview: Subjects walked in a virtual city and were exposed to a variety of advertisements with different placements (e.g., sides of buses, billboards). Conclusion: Saturation campaign leads to diminishing returns. fMRI image from our lab. Eye tracking from our lab. Facial expression recognition. SELECTED NEUROMARKETING FIRMS We have three goals: 1. Expose undergraduate and graduate students to these techniques. 2. Determine whether these techniques provide useful information to predict movie trailer and television commercial performance. 3. Determine relative strengths and weakness of various neuromarketing and traditional market research techniques. ECG recording (left) and eye tracking (right) in our lab while participants viewed movie trailers and commercials.

Upload: others

Post on 13-Mar-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: NEUROMARKETING RESEARCH PRACTICES...• Early claims by neuromarketing firms were exaggerated. • Unsure whether results from a small number of subjects in a lab will generalize to

RESEARCH POSTER PRESENTATION DESIGN © 2011

www.PosterPresentations.com

DEFINITION AND METHODS USED

NEUROMARKETING: HOPE OR HYPE?

RELATED PROJECTS IN OUR LAB

ACKNOWLEDGMENTS

Funding was provided by the Stead Technology Services Group, marketing department

research funds, a University of Iowa Instructional Improvement Award, and an ICRU Fellow

scholarship. Thank you to Carl Beranek, John Carter, Marcy Kreda, and Bre Tobin for

assistance with data collection and David Maddox for database design on this study.

Special thanks to support provided by DJ Nayakankuppam.

NEUROMARKETING RESEARCH PRACTICES

a b

REFERENCES

Understanding Neuromarketing. Dr. David Lewis. Mindlab International Ltd. Page 4.

http://www.neuromarketing-labs.com/elektroencephalographie_en.html

http://online.wsj.com/news/articles/SB10001424052748704804204575069562743700340

http://info.4imprint.com/wp-content/uploads/1P-07-0710-July-Blue-Paper-Neuromarketing.pdf

SELECTED NEUROMARKETING CLIENTS

Neuromarketing firms use neuroscience methods such as brain imaging (e.g., fMRI, EEG) and physiological measurements (e.g., eye tracking, heart rate, skin conductance) to address marketing issues such as:

• Advertising effectiveness

• Package design

• Television commercial optimization

• Evaluating shopper marketing

• Website optimization

• Improving experiences during games

Examples of Methods Used

Functional Magnetic Resonance Imaging (fMRI)

• Detects brain activity. Particularly good spatial resolution.

• Able to measure subjects’ unconscious processes.

Electroencephalography (EEG)

• Detects brain activity. Particularly good temporal resolution.

• Able to measure subjects’ unconscious processes.

• Portable devices have been built allowing shoppers to wear EEGs while in stores.

Eye Tracking

• Measures gaze direction and pupil dilation.

• Used to determine where consumers focus attention

when looking at stimuli.

Facial Expression Recognition

Measures facial emotion expressions.

Used to assess emotional responses to stimuli.

Can also estimate age and gender.

1Peter Roth & 2William Hedgcock1School of Management, University of Iowa

2Department of Marketing, University of IowaContact: [email protected]

Our lab is currently running studies to evaluate whether physiological measureslike heart rate, heart rate variability, eye tracking, pupil dilation, and facialemotion expressions can predict movie outcomes (based on reactions to movietrailers) and success of television commercials.

SELECTED NEUROMARKETING STUDIES DONE BY FIRMS

Hope

• Brain imaging and physiological methods have proven track records in academic

research.

• These methods can provide important information about emotions and cognition

that often cannot be assessed other ways.

• Unconscious processes, including emotions, can be important drivers of purchase

decisions.

• Likely provide relevant information that traditional techniques cannot provide.

Hype

• Early claims by neuromarketing firms were exaggerated.

• Unsure whether results from a small number of subjects in a lab will generalize to

the marketplace.

• Track record unproven as many of the techniques are very new and most

neuromarketing research has not been published in peer reviewed journals.

• Concerns about the ethics of using these techniques.

Campbell’s Soup and Innerscope

Methods Used: Skin conductance, heart rate, respiration, eye tracking, and pupil dilation.

Goals: Determine factors that lead to soup purchases and evaluate new label design.

Study Overview: Interviewed subjects at their homes. Then monitored physiological responses as consumer were shopping.

Conclusion: Consumers who spent more time looking at soup varieties bought more soup than the consumer who made a quick decision. Label design needed to trigger emotional responses in consumers. Led to label with steam rising from soup. Designed four different color coded labels so varieties would be more visually distinct.

20th Century Fox and Neuroco (now part of Nielsen)

Methods Used: EEG and eye tracking.

Goal: Tested response rate to advertisements inserted into a videogame. Determine which ads would be the most successful.

Study Overview: Subjects walked in a virtual city and were exposed to a variety of advertisements with different placements (e.g., sides of buses, billboards).

Conclusion: Saturation campaign leads to diminishing returns.

fMRI image from our lab.

Eye tracking from our lab.

Facial expression recognition.

SELECTED NEUROMARKETING FIRMS

We have three goals:

1. Expose undergraduate and graduate students to these techniques.

2. Determine whether these techniques provide useful information to predictmovie trailer and television commercial performance.

3. Determine relative strengths and weakness of various neuromarketing andtraditional market research techniques.

ECG recording (left) and eye tracking (right) in our lab while participants viewed movie trailers and commercials.