BusinessLine Podcasts

How brands use neuromarketing to decode consumer behaviour


Listen Later

Making an advertisement is an expensive process, but the cost is worth it if the company can be sure that the advertisement will make an impact. The question is how can the company be sure of it? Traditionally, companies will undertake research in the form of surveys to know how consumers react to the product. Now, these firms are exploring newer ways, including using neuroscience, to find out what the customer is thinking. This kind of marketing is called neuromarketing, and it measures physiological and neural signals to gain insight into customers’ motivations, preferences, and decisions, that can help brands make more informed decisions.

In this episode of the businessline podcast, V Nivedita speaks to Sunila G Benjamin, Director, NIQ BASES, to understand how this analysis works and how brands are looking to use new techniques to increase sales and make their advertisement more memorable to the consumer.

In this podcast, Benjamin explains how NIQ BASES employs neuroscience to gain insight into consumer behaviour. She also elaborates on their approach, leveraging EEG and eye tracking to gauge consumer responses to ads without posing questions. She describes how neuro testing allows for real-time analysis, by identifying segments where ad effectiveness drops and pinpointing specific elements that need adjustment by providing examples. Listen to this podcast to know how brads are using neuroscience to create attention-grabbing advertising campaigns.

---
Send in a voice message: https://podcasters.spotify.com/pod/show/business-line/message
...more
View all episodesView all episodes
Download on the App Store

BusinessLine PodcastsBy BusinessLine


More shows like BusinessLine Podcasts

View all
Economist Podcasts by The Economist

Economist Podcasts

4,225 Listeners

WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,713 Listeners

World Business Report by BBC World Service

World Business Report

296 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,649 Listeners

Moneycontrol Podcast by moneycontrol

Moneycontrol Podcast

14 Listeners

3 Things by Express Audio

3 Things

57 Listeners

FT News Briefing by Financial Times

FT News Briefing

684 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,592 Listeners

The World in Brief from The Economist by The Economist

The World in Brief from The Economist

1,089 Listeners

ThePrint by ThePrint

ThePrint

89 Listeners

Finshots Daily by Finshots

Finshots Daily

40 Listeners

Top of the Morning by Mint - HT Smartcast

Top of the Morning

5 Listeners

The Morning Brief by The Economic Times

The Morning Brief

15 Listeners

Daybreak by The Ken

Daybreak

11 Listeners

The Daily Brief by Zerodha

The Daily Brief

10 Listeners