why? the decade of the brain and its impact on marketing

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Why? The Decade Of The Brain And Its Impact On Marketing

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Our understanding of neurological processes has taken gigantic steps over the past fifteen years sparked by the development of functional Magnetic Resonance Imaging. The fundamental issue in marketing is the need to understand the comprehensive reason people make decisions to purchase or pass on. Cognitive neuroscience has made enormous strides although it's just in its infancy. Here is a recapitulation of current studies and learnings along with some of the impact on marketing.

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Page 1: Why? The Decade of the Brain and Its Impact on Marketing

Why?The Decade Of The Brain And

Its Impact On Marketing

Page 2: Why? The Decade of the Brain and Its Impact on Marketing

Up Yours!

Page 3: Why? The Decade of the Brain and Its Impact on Marketing

fMRI

Page 4: Why? The Decade of the Brain and Its Impact on Marketing

Neurons

Page 5: Why? The Decade of the Brain and Its Impact on Marketing

Brain…

Page 6: Why? The Decade of the Brain and Its Impact on Marketing

Limbic System

Page 7: Why? The Decade of the Brain and Its Impact on Marketing

Cortex

Page 8: Why? The Decade of the Brain and Its Impact on Marketing

“These findings all suggest that the interpretive mechanism of the left hemisphere is always hard

at work seeking the meaning of events.

It is consistently looking for order and reason, even when there is none – which leads it

continually to make mistakes.”

Page 9: Why? The Decade of the Brain and Its Impact on Marketing

Conscious vs.

Subconscious

Page 10: Why? The Decade of the Brain and Its Impact on Marketing

Feelings

FearAnger

DisgustSadnessSurprise

Happiness

Page 11: Why? The Decade of the Brain and Its Impact on Marketing

Memory

• A chain of neurons that are linked by sensing, processing and responding to an event

• Explicit vs. implicit

Page 12: Why? The Decade of the Brain and Its Impact on Marketing

Short vs. Long-term Memory

Page 13: Why? The Decade of the Brain and Its Impact on Marketing

Your Model of the World

Page 14: Why? The Decade of the Brain and Its Impact on Marketing

Learning and Memory

• You have learned much more than you thought

Page 15: Why? The Decade of the Brain and Its Impact on Marketing

Processing

• Limbic – OMG fast• Prefrontal – “let’s think about this”• What to do – Both looking for

analogous memories and the associated emotion

• Act

Page 16: Why? The Decade of the Brain and Its Impact on Marketing

Predispositions

Page 17: Why? The Decade of the Brain and Its Impact on Marketing

Quick Review

• Complex tangle of neurons• Organized into long-term memory

networks• Each memory tied to an emotion• Overall all neural network of memory

networks• All in the subconscious

Page 18: Why? The Decade of the Brain and Its Impact on Marketing

Why?

Page 19: Why? The Decade of the Brain and Its Impact on Marketing

Decisions

Page 20: Why? The Decade of the Brain and Its Impact on Marketing

The Difficulty of Change

Page 21: Why? The Decade of the Brain and Its Impact on Marketing

1-on-1 Interviews

• Goal – explore the mental map as it pertains to the “Why?”

• Challenges: respondent mode, subconscious rather than conscious

Page 22: Why? The Decade of the Brain and Its Impact on Marketing

1-on-1 Process

• Respondent mode – Force a conversation– Informal and relaxed, enjoyable– Transition to your discussion priorities– Their expertise

• Expert Mode

Page 23: Why? The Decade of the Brain and Its Impact on Marketing

Focus Groups

• Goal – explore the mental map as it pertains to “Why?”

• Challenges: parameters, respondent mode, “groupness”

Page 24: Why? The Decade of the Brain and Its Impact on Marketing

Focus Group Parameters

• 10 people• 120 minutes• 4 related issues• 3 minutes per issue per person• Cost: $6,000 per group average

Page 25: Why? The Decade of the Brain and Its Impact on Marketing

Groupness

• Predisposed to belong to groups– Sacrifice personal values to fit in

• Excellent tool if used correctly

Page 26: Why? The Decade of the Brain and Its Impact on Marketing

In summary…

• fMRI has changed how we think of the brain

• It’s still little crude for testing alternatives

• We need to search for memories and their emotions analogous to what we market

• Always to understand “Why.”

Page 27: Why? The Decade of the Brain and Its Impact on Marketing

Background Books

Page 28: Why? The Decade of the Brain and Its Impact on Marketing

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Jack Trytten

(312) [email protected]