Decoding the Consumer Mind: The Power of Neuro Marketing in Modern Business
Abstract
Neuromarketing represents an innovative blend of neuroscience and marketing, designed to decode the subconscious drivers of consumer behaviour. By utilizing advanced neuroimaging techniques like functional magnetic resonance imaging (fMRI) and electroencephalography (EEG), marketers gain unprecedented insight into emotional and cognitive responses to products, advertisements, and brands. This review article explores the applications of neuromarketing in creating more effective marketing strategies, enhancing consumer engagement, and optimizing branding. While the ethical implications and cost constraints of neuromarketing technologies pose challenges, the field holds the potential to revolutionize how marketers understand and influence consumer decisions. This article reviews current research, key methodologies, and practical implications for business.
How to Cite This Article
Sanika Balekar (2024).
Decoding the Consumer Mind: The Power of Neuro Marketing in Modern Business
. International Journal of Management and Organizational Research (IJMOR), 3(5), 48-50.