Preview

Management Sciences

Advanced search

Perspectives and Limitations of Neuromarketing Research Methods

https://doi.org/10.26794/2304-022X-2018-8-4-77-83

Abstract

In the modern world consumers are overwhelmed with advertising messages and competition among advertisers is becoming harder. That is why there is a need to develop effective marketing messages that will affect people subconsciousness. In this regard, neuromarketing appears as a research tool for measuring subconscious reactions to marketing incentives. In this paper existing methods of neuromarketing are analyzed critically, their advantages and disadvantages are critically determined. As a result, the following groups of neuromarketing methods are distinguished: methods that measure the metabolic brain activity; methods that measure electrical brain activity; methods that measure derivative subconscious reactions. These methods make it possible to evaluate subconscious reactions, such as level of attention and emotional engagement, memory activation and other perceptual metrics. At the same time, neuromarketing has its limitations such as high costs, difficulty of searching for subjects and specialists and also negative influence of laboratory conditions during the experiments. These shortcomings should be taken into consideration combining neuromarketing with traditional research methods.

About the Author

A. Yu. Nedelko
NRU Higher School of Economics
Russian Federation

Anastasia Yu. Nedelko Associate Student, Assistant of the Department “Strategic Marketing”

Moscow



References

1. Suomala J., Palokangas L., Leminen S., Westerlund M., Heinonen J., Numminen J. Neuromarketing: Understanding customers’ subconscious responses to marketing. Technology Innovation Management Review. 2012;12(2):12–21. DOI: 10.22215/timreview/634}

2. Murphy E. R., Illes J., Reiner P. B. Neuroethics of neuromarketing. Journal of Consumer Behaviour. 2008;7(4– 5):293–302. DOI: 10.1002/cb.252

3. Fugate D. Neuromarketing: A layman’s look at neuroscience and its potential application to marketing practice. Journal of Consumer Marketing. 2007;24(7):385–394. DOI: 10.1108/07363760710834807

4. Lee N., Broderick A.J., Chamberlain L. What is ‘neuromarketing’? A discussion and agenda for future research. International Journal of Psychophysiology. 2007;63(2):199–204. DOI: 10.1016/j.ijpsycho.2006.03.007

5. Morin C. Neuromarketing: The new science of consumer behavior. Society. 2011;48(2):131–135. DOI: 10.1007/s12115-010-9408-1

6. Ohme R., Matukin M. A small frog that makes a big difference: Brain wave testing of TV advertisements. IEEE pulse. 2012;3(3):28–33. DOI: 10.1109/MPUL.2012.2189169

7. Page G. Scientifi realism: What ‘neuromarketing’ can and can’t tell us about consumers. International Journal of Market Research. 2012;54(2):287–290. DOI: 10.2501/IJMR-54-2-287-290

8. Perrachione T.K., Perrachione J.R. Brains and brands: Developing mutually informative research in neuroscience and marketing. Journal of Consumer Behaviour. 2008;7(4–5):303–318. DOI: 10.1002/cb.253

9. Vecchiato G., Kong W., Giulio Maglione A., Wei D. Understanding the impact of TV commercials. IEEE pulse. 2012;3(3):42–48. DOI: 10.1109/MPUL.2012.2189171

10. Fisher C.E., Chi L., Klitzman R. Defi neuromarketing: Practices and professional challenges. Harvard Review of Psychiatry. 2010;18(4):230–237. DOI: 10.3109/10673229.2010.496623

11. Butler M.J.R. Neuromarketing and the perception of knowledge. Journal of Consumer Behaviour. 2008;7(4–5):415– 419. DOI: 10.1002/cb.260

12. Hubert M., Kenning P. A current overview of consumer neuroscience. Journal of Consumer Behaviour. 2008;7(4–5):272–292. DOI: 10.1002/cb.251

13. Garcia J. R., Saad G. Evolutionary neuromarketing: Darwinizing the neuroimaging paradigm for consumer behavior. Journal of Consumer Behaviour. 2008;7(4–5):397–414. DOI: 10.1002/cb.259

14. Senior C., Lee N. A manifesto for neuromarketing science. Journal of Consumer Behaviour. 2008;7(4–5):263–271. DOI: 10.1002/cb.250

15. Karmarkar U. Note on neuromarketing. Harvard Business School Marketing Unit Case. 2011;(512–031).

16. Marci C.D. Minding the gap: The evolving relationships between affective neuroscience and advertising research.International Journal of Advertising. 2008;27(3):473–475. DOI: 10.2501/S0265048708080098A

17. Javor A., Koller M., Lee N., Chamberlain L., Ransmayr G. Neuromarketing and consumer neuroscience: Contributions to neurology. BMC Neurology. 2013;13(1):1–12. DOI: 10.1186/1471-2377-13-13

18. Green S., Holbert N. Gifts of the neuro-magi: Science and speculation in the age of neuromarketing. Marketing Research. 2012;24(3):10–16.

19. Shiller R.J. Narrative economics and neuroeconomics. Finansy: teoriya i praktika = Finance: Theory and Practice. 2018;22(1):64–91. (In Russ.). DOI: 10.26794/2587-5671-2018-22-1-64-91

20. Kenning P., Plassmann H. NeuroEconomics: An overview from an economic perspective. Brain Research Bulletin. 2005;67(5):343–354. DOI: 10.1016/j.brainresbull.2005.07.006

21. Lindström M. Buyology: How everything we believe about why we buy is wrong. New York: Random House Business Books; 2012. 242 p.

22. Khushaba R.N., Wise C., Kodagoda S., Louviere J., Kahn B.E., Townsend C. Consumer neuroscience: Assessing the brain response to marketing stimuli using electroencephalogram (EEG) and eye tracking. Expert Systems with Applications. 2013;40(9):3803–3812. DOI: 10.1016/j.eswa.2012.12.095

23. Melillo W. Inside the consumer mind: What neuroscience can tell us about marketing. Adweek. 2006;47(3):54–79.

24. Harmon-Jones E., Beer J.S., eds. Methods in social neuroscience. New York: Guilford Publications; 2009. 355 p.

25. Perlman G. Simmons A.N., Wu J., Hahn K.S., Tapert S.F., Max J.E., Yang, T.T. Amygdala response and functional connectivity during emotion regulation: a study of 14 depressed adolescents. Journal of Affective Disorders. 2012;139(1):75–84. DOI: 0.1016/j.jad.2012.01.044

26. Smith M., Marci C. From theory to common practice: Consumer neuroscience goes mainstream. Nielsen Journal of Measurement. 2016;1(2). URL: http://www.nielsen.com/content/dam/nielsenglobal/us/docs/reports/journal-of-measurement/njm-from-theory-to-common-practice-consumer-neuroscience-goes-mainstream.pdf (accessed 15.04.2018).

27. Eser Z., Isin F.B., Tolon M. Perceptions of marketing academics, neurologists, and marketing professionals about neuromarketing. Journal of Marketing Management. 2011;27(7–8):854–868. DOI: 10.1080/02672571003719070

28. Bercea M. D. Quantitative versus qualitative in neuromarketing research. Munich Personal RePEc Archive. 2013. URL: https://mpra.ub.uni-muenchen.de/44134/1/Monica_Diana_Bercea-Quantitative_vs_Qualitative_in_Neuromarketing_Research.pdf.

29. Touhami Z.O., Benlafkih L., Jiddane M., Cherrah Y., Malki H.O.E., Benomar A. Neuromarketing: Where marketing and neuroscience meet. African Journal of Business Management. 2011;5(5):1528–1532. DOI: 10.5897/AJBM10.729

30. Kahneman D. Thinking, fast and slow. New York: Farrar, Straus and Giroux; 2011. 533 p.


Review

For citations:


Nedelko A.Yu. Perspectives and Limitations of Neuromarketing Research Methods. Management Sciences. 2018;8(4):77-83. (In Russ.) https://doi.org/10.26794/2304-022X-2018-8-4-77-83

Views: 2083


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2304-022X (Print)
ISSN 2618-9941 (Online)