How ‘Neuromarketing’ Dictates Consumer Sales
Despite what prospects tell you, they make almost all buying decisions emotionally, not rationally.
Ever wish you could get inside the heads of potential customers to find out what really makes them tick?
The new and somewhat controversial field of neuromarketing uses brain scans to unlock the subconscious thoughts, feelings and desires that drive purchasing decisions. Researchers show their subjects ads, images, logos, etc., and see, literally, which parts of their brain light up.
Scary? Perhaps. But the results of a three-year, $7 million neuromarketing study reported by Martin Lindstrom in his book Buy.ology also offer fascinating glimpses into how humans behave in a world where they are bombarded 24/7 with marketing messages in myriad formats.
BUYING IS EMOTIONAL
Many of the findings are relevant for our industry, the most important being – despite what prospects tell you – people make almost all buying decisions emotionally, not rationally. And they make them quickly.
How else does one explain brain scans done on students offered either an immediate $15 reward or a $20 reward in two weeks? Both offers triggered activity in the area of the brain that generates emotion. But, Lindstrom reports, the $15 now offer caused an unusual flurry of stimulation in the limbic area – a whole grouping of brain structures primarily responsible for our emotional life as well as the formation of memory. The more the students were emotionally excited about something, the greater their chances of going for the immediate offer. Rationally they knew $20 was a better deal, but their emotions won out.
How does this translate to kitchen and bath firms? For one thing, it tells you that if promotional offers are part of your strategy, you should make them immediate – not a discount in two months on installation or a rebate, but a free sink base today. If you don’t get a positive reaction to the immediate offer, it could be that the prospect “just isn’t that into” the project or purchase.
But don’t get promotional too quickly. When subjects were shown the same wine twice, once with an expensive price, the other with a normal price, there was increased activity in the area of the brain that perceives pleasantness, indicating that the higher price of a product enhances enjoyment of it.
REPETITION HELPS
Brain studies show that seeing a new product repeatedly in magazines, on the Web or on TV makes it more desirable. Consumers see beautiful kitchens or baths over and over…and decide that’s how they want to live.
This is the work of “mirror neurons” that cause us to mimic activities. “When we watch someone do something, our brains react as if we were actually performing these activities ourselves. Seeing and doing are one and the same,” Lindstrom explains. That’s why we smile when we see someone who is happy or cringe when someone is in pain.
These mirror neurons are responsible for empathy. They are activated not only when we’re observing other people’s behavior, but also when we are reading about the behavior in print or online.
Whipping up a soufflé, pulling a roast out of an oven, standing under an oversized showerhead – show these activities either in video or in print and prospects will imagine themselves in their new kitchen or bath doing the same thing.
Show happy customers in their new kitchens, either with video or photos on your Web Site and in your showroom. The vicarious pleasure of real people enjoying their new space stimulates the mirror neurons.
Mirror neurons explain the power of smiling. According to researchers, we are not only more attracted to people who smile, but we also tend to remember their names better. Studies have shown that encountering a smiling face (rather than a neutral or negative face) produces a far more positive response to a business overall.
Dopamine, one of the brain’s pleasure chemicals, is partly responsible for purchasing decisions, which are often made in as little as 2.5 seconds. “Shopping makes us happy in the short term thanks to dopamine, the brain’s flush of reward, pleasure and well being,” Lindstrom writes. “Our emotional brain tells us to keep shopping because we want this rush of good feeling even when our rational mind says otherwise.”
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