Sis fri 0845 roger dooley

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Neuromarketing: Your Brain on Buy Search Insider Conference May 4-7, 2011 Roger Dooley NeuroscienceMarketin g.com rogerd@dooleydirect. com @rogerdooley #mpsis

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Transcript of Sis fri 0845 roger dooley

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Neuromarketing: Your Brain on Buy

Search Insider ConferenceMay 4-7, 2011

Roger Dooley

[email protected]

@rogerdooley#mpsis

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Project Impact

2008 Research:

“Stores too cluttered”

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Real Impact: -$1.85 Billion

Source: DailyArtifacts.com, Phil Terry

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Project Impact

2010 Research:

“Want more products”#mpsis @rogerdooley

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AskingQuestions?

#mpsis @rogerdooley

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Memory

#mpsis @rogerdooley

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Memory

Changed

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Memory

False

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Memory

Malleable

#mpsis @rogerdooley

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Why did you buy that?

• It tastes better!

• I like the smell!

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Iceberg: 88% Hidden

(Lakoff & Johnson)

#mpsis @rogerdooley

Mind: 95% Subconscious

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Neuromarketing

#mpsis @rogerdooley

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(from Deliver mail marketing magazine)

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• No Mind Reading• No “Super-Ads”• No Buy Button

in the Brain

#mpsis @rogerdooley

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• 20% No Effect • 20% See a

Decline!

Series1

-40%

-20%

0%

20%

40%

60%

80%

100%

120%

Share Increase

From The Advertised Mind,Erik du Plessis#mpsis @rogerdooley

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Neuroscience• EEG• fMRI•MEG• Biometrics

BehavioralScience• Behavior

Studies• Eye Tracking• Facial Coding

#mpsis @rogerdooley

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fMRI• Measure brain

activity in a short time span

• Subjects can view images, videos, etc.

• Subjects can press buttons

Carnegie-Mellon University

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fMRI• Expensive• Claustrophobic• Noisy• Limited Motion• Small Sample

Size

#mpsis @rogerdooley

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GoDaddy Girl: 1Neuroscientists: 0

#mpsis @rogerdooley

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EEG• Uses

Electrodes• Lighter,

Portable• Cheaper• Faster

Response Times

• Less DetailUniv. of South Carolina

#mpsis @rogerdooley

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http://sandsresearch.com/

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Facial Coding

Premises:• Brief facial

expressions reveal true emotions

• A trained individual can identify these.

Sensory Logic

#mpsis @rogerdooley

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SensoryLogic

#mpsis @rogerdooley

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Facial Coding

Sensory Logic

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Facial Coding

Sensory Logic

#mpsis @rogerdooley

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• Science limited• Peer-reviewed studies?• Validation with sales?

#mpsis @rogerdooley

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• Ads• Brands/Attitudes• Products• A/B Testing

#mpsis @rogerdooley

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BehaviorResearch

John Wiley & Sons

November, 2011 #mpsis @rogerdooley

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Socializing?

image credit: jessicaswanson.com

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TheUltimatum

Game#mpsis @rogerdooley

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Ultimatum Game Results

Fair Deals Failures0%

10%

20%

30%

40%

50%

60%

50%

33%

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Effect of Social Conversation

Fair Deals Failures0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

50%

33%

83%

17%

No SocialWith Social

#mpsis @rogerdooley

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Neuromarketing

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€ $

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€ $

#mpsis @rogerdooley

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Simple Fonts Convince

#mpsis @rogerdooley

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Neuromarketing: Your Brain on Buy

Search Insider ConferenceMay 4-7, 2011

Roger Dooley

[email protected]

@rogerdooley#mpsis