Decoding the Irrational Consumer

How to Commission, Run and Generate Insights from Neuromarketing Research

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Pub Date Aug 28 2015 | Archive Date Nov 20 2015

Description

New developments in the behavioral sciences have revealed that most people do not accurately self-report their motivations. It is now understood that decision making is driven by emotions and the subconscious, rather than by purely rational calculations. Asking direct questions, as the global marketing and advertising research industry has previously depended on, is no longer enough. Instead, the industry requires a new generation of research tools, such as: behavioral economics, eye-tracking, implicit response measures, and facial coding to find the truth behind what consumers are saying. Decoding the Irrational Consumer provides marketers and researchers with an overview of each of these new research tools and techniques, their individual strengths and weaknesses, and how they can be used to generate consumer insights. Chapter topics cover: key principles and applications, facial coding, heuristics, behavioral experiments, biometric data, prediction markets, creating smarter surveys, and how to combine techniques. An accompanying website will include interviews with industry leaders, example projects, and an annotated bibliography.

New developments in the behavioral sciences have revealed that most people do not accurately self-report their motivations. It is now understood that decision making is driven by emotions and the...


Advance Praise

"A rare gift to marketers and market researchers. Darren opens up the neuromarketing toolbox and shines a bright light inside, explaining in clear language not only how these tools work, but why they work, and why they will change the practice of marketing forever. An indispensable guide for both beginners and experts, from a true pioneer in the field." --Steve Genco, author, speaker and advisor at Intuitive Consumer Insights

"A must read for any company or individual who wants to understand the potential of this new approach to marketing and retailing. Packed with interesting facts and ideas, it provides a first-class introduction to a complex and often misunderstood and miss sold technology. Well researched and referenced it combines academic rigour with an easy to understand style that will appeal to a wide readership." --Dr. David Lewis, Chairman of Mindlab International and author of The Brain Sell

"A rare gift to marketers and market researchers. Darren opens up the neuromarketing toolbox and shines a bright light inside, explaining in clear language not only how these tools work, but why they...


Available Editions

EDITION Paperback
ISBN 9780749473846
PRICE $34.95 (USD)

Average rating from 6 members


Featured Reviews

One of the exercises brands like to do is the consumer journey. This basically consists of outlining a pretty linear process of how the consumer eventually gets to purchasing your product. For some brands this makes sense, and for others less so. Regardless, consumer behavior in reality has a pesky tendency to stray away from that neat model. Decoding the Irrational Consumer by Darren Bridger outlines how consumers don't always behave in the most rational way and offers neuromarketing methods to help account for and understand these messy purchasing processes.

The book is essentially a tour of all the current neuromarketing capabilities out there and their benefits and how they should be deployed. Bridger is an experienced neuromarketing consultant and a very capable guide through the likes of facial action coding and psychometrics. Each chapter dives into a different neuromarketing tool and the science behind them and use cases. It is a great way to learn about how brands are actually leveraging such tools, such as how the retailer Tesco used eye-tracking studies to identify undervalued print placements and improve the efficiency of their media buys. Concrete examples help marketers reading this book actually envision how they can incorporate such studies to their own brands.

Bridger isn't afraid of science or academia and he frequently references studies from a variety of disciplines in demonstrating the benefits of such services. While one would naturally expect him to be bullish on all such research, he is very fair-minded and describes the pros and cons of all methods, such as how EEG studies are great for immediate feedback but can't really measure long-term effects particularly well.

Decoding the Irrational Consumer is definitely designed to be a practical and instructional read and I think it does a fine job at that. And if you are really interested in marketing and getting the lay of the land of some of these cutting-edge tools this makes for a pretty good pleasure read as well.

7/10

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