A Systematic Literature Review On Neuromarketing Inbranding, Advertising and Consumer Behavior
A Systematic Literature Review On Neuromarketing Inbranding, Advertising and Consumer Behavior
A Systematic Literature Review On Neuromarketing Inbranding, Advertising and Consumer Behavior
ISSN No:-2456-2165
Abstract:- The concept of neuromarketing, utilizing consumers. By understanding the psychology behind
neuroscience techniques to understand consumer consumer decisions, marketers can gain a competitive edge
behavior and preferences, is discussed extensively, and create a successful marketing strategy and
including its advantages and disadvantages. The understanding the interplay between brands, advertising and
potential applications of neuromarketing in advertising, consumer behaviour is key to unlocking the secrets of
branding, consumer behavior, and user experience are successful marketing. Modern life is filled with
explored, showcasing its ability to revolutionize how advertising daily. Billboards, television advertising, and
brands engage with customers. The article also of course the internet all promote it. One of the most
underscores the importance of conducting systematic effective marketing tactics available has been recognized as
literature reviews to deepen understanding, identify it. The goal of advertising is to connect with potential
research gaps, and address ethical considerations and customers, foster connections, raise awareness, and
limitations associated with neuromarketing. The time eventually boost revenue by promoting a business's goods
frame of the systematic literature review was for 18 years and services or building consumer recognition for the
of publications from 2004 to 2022. We were able to company's brand. Richard W. Mizerski & Dennis White
examine deeply the possibilities of the future potential (1986) assumed that consumer emotions have a substantial
neuromarketing and the positive attitudes through impact on purchase and consumption decisions for a wide
consumer psychology and behaviour perspective as variety of items. and they mentioned an example in the
marketers will have a better understanding of consumer candy and snack business, where consumer responses are
behaviour, attention and emotions. While the ethical a result of a significant number of emotionally charged
difficulties and limitations should be covered in detail circumstances that can be used in advertising strategy.They
and discussed. concluded that consumers may be taught to buy a brand
while they are in emotional states they want to change or
Keywords:- Neuromarketing, Consumer Behaviour, user extend through the use of emotions. The concept of direct
Experience, Real Eye, Eye Tracking, Advertising, Branding, and indirect instigation of certain emotional states, as well
SLR. as the use of emotions in a reinforcement paradigm, opens
up several new prospects for advertisers. From the products
I. INTRODUCTION we buy to the places we go, we often make decisions based
on the brands we associate with. Advertising is the primary
The brand strength approach to brand equity is based way that brands communicate with consumers, and it has a
on the idea that brand equity is not something that can be major impact on consumer behaviour. Through advertising,
easily measured. It requires looking into the reasons why a brands create an image that influences our purchasing
brand is popular with consumers and the actions that the decisions, and this can create lasting loyalty to a brand.
company has taken to build up this strength. Keller (1993) Advertising also helps to inform consumers about the
mentioned that it also takes the consumer-based brand benefits of a product or service and can be used to promote
strength approach to brand equity, which means that brands new products or services. By understanding how brands,
need to be tested based on how well they meet certain needs advertising and consumer behaviour are connected,
of the target audience. These needs are important because businesses can create more effective strategies to attract and
they represent the value proposition of a given product or retain customers. In today's digital world, technology is
service. Brands need to have a strong value proposition if revolutionizing the way businesses advertise. From using
they want their brands to be popular with consumers and social media platforms to reach a large, worldwide
have high equity scores. The modern consumer is audience, to using artificial intelligence to understand
bombarded with brands, advertising and messaging, all consumer preferences, technology is transforming the way
vying for their attention. From the moment we wake up in businesses convey their messages. From facial recognition
the morning to the time we go to bed, we are exposed to an software to analytics-driven targeting, technology is
array of messages, promotions and products. It is easy to allowing businesses to reach potential customers more
become overwhelmed and confused by the sheer volume of effectively and efficiently. By embracing technology in
information that is available. However, understanding how their advertising strategies, businesses can gain a
brands, advertising and consumer behaviour interact can competitive edge in the marketplace and build a more
provide invaluable insights into how to effectively market to successful presence. There is no doubt that technology is
Methodologies has been used in Neuromarketing participants to examine their impact on the consumer
through Advertising, Branding and Consumer. behaviour, emotions, preference and decision-making.
Through the collected data of quantitative and While, on the other hand, almost 26.667% of the chosen
qualitative methods of research. We found that most of the articles were qualitative research through interviews and
articles were quantitative with a percentage of 73.3% literature reviews for providing a better understanding of the
through conducting experiments and case studies by using adoption of neuroscientific tools in advertising, branding
neuroscientific tools like eye-tracking, facial code and marketing with some early limitations such as the lack
expressions, electroencephalography and functional and huge expenses of the techniques.
magnetic resonance imaging on a specific number of
Variables in Neuromarketing, Branding, Advertising specifically EEG classified it as a great technique to explore
and Consumer behaviorSelected Researches. valid consumer preferences in the case of consumer
decision-making. Singh, J., Goyal, G., & Gill, R. (2020)
Consumer Choice and Preference conducted a study to evaluate omnichannel advertisement
Michela Balconi, Frederic L., et al. (2014) explored channels within a high-precision camera and the usage of a
the usage of EGG as a neuroscientific tool to provide neuroscientific tool which was the galvanic skin response
consumer responses to explicit consumer preferences and its sensors through 40 participants watching a set of cosmetic
impact on the evaluation of consumer goods within a case advertisements to measure its effectiveness in recorded
study of selected 15 women of age 20 to 40 years old at neuro-metric data and also through making a questionnaire
university of Milan through watching 5 different for a sample of randomly 415 participants of age over or
commercial advertisements on a screen positioned 100 cm equal to 25 years old on 3 advertisements for dove, ponds
distance from their eyes and they were required to scale and Detol to answer what was the major domain for the
each advertisement on a rate from 1 to 6. Repeated product in the advertisements and it was found that 34.5%
measures ANOVA for analysing different measurements of did. While the GSR sensor was used to validate through the
the same attribute through a group of related dependent precision calculated when the facial analyzer works and
variables coherently with the EEG measurements and the based on their results, they have concluded that the values
frontal brain log-transformed asymmetry. They assumed of GSR recorded through the product’s social media pages
that the results were positive when the consumer was have more variety of facial expressions than the
exposed to engagement through rewarding advertisements advertisements but, they have also assumed the positive
which showed how the consumer brain works and trend line of neuromarketing and the flexibility in measuring