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Customer Life Cycle Journey - I imagine Creative Innovation
Customer Life Cycle Journey - I imagine Creative Innovation

What is Marketing?
What is Marketing?

Cross-border tourism and shopping: Consumer segmentation
Cross-border tourism and shopping: Consumer segmentation

... tourism shoppers appear to most spend money on experiential goods such as clothes, shoes, or jewelry rather than souvenirs or gifts, and novelty (Gentry, 2001). To target cross-tourism shoppers, marketers should recognize consumers’ need for traditional cultural tourism in conjunction with their exp ...
Strategic Market Planning
Strategic Market Planning

Understanding wine purchase and consumption
Understanding wine purchase and consumption

... been combined with demographic ones, whose role in classifying wine consumer behavior is also well documented in literature (Spawton, 1991). Indeed, research also embodies several contributions aimed to compare attitudes towards wine according to age or sex. An exploratory study on young wine consum ...
Pierre CHANDON
Pierre CHANDON

Sales and Marketing: Alike, Different, and Essential
Sales and Marketing: Alike, Different, and Essential

IMPACT OF MARKETING RESEARCH ON BUSINESS
IMPACT OF MARKETING RESEARCH ON BUSINESS

... the data collection process, analyses and communicates the findings and their implications. In spite of the roles of marketing research, studies have shown limited utilization of its results. The results of too many research projects have languished unused on marketing managers’ shelves, acting as a ...
Factors that Affect Pricing Strategies for International
Factors that Affect Pricing Strategies for International

... marketers must also investigate the general policy climate and local laws that affect the operation of their business. In developing marketing and business objectives, decision-makers can unintentionally create incentives and pressures that run counter to legal and ethical standards. Although not al ...
The Promotional Mix
The Promotional Mix

... Both print and electronic direct marketing allow a business to engage in one-way communication with its customers about product announcements, special promotions, bulletins, customer inquiries, and order confirmations. However, as a result of consumer complaints about unwanted electronic direct mail ...
1 piercy 15 9 10
1 piercy 15 9 10

... Customer perceived value definition … perceived value is the consumer's overall assessment of the utility of a product based on perceptions of what is received and what is given. Though what is received varies across consumers (i.e., some may want volume, others high quality, still others convenien ...
Service marketing triangle and GAP model in hospital industry
Service marketing triangle and GAP model in hospital industry

What to Click, When to Stop, and What to Buy: A Model of
What to Click, When to Stop, and What to Buy: A Model of

... sequence of decisions: (i) which product-attribute to inspect next, (ii) when to stop processing information, and (iii) which, if any, product to purchase. The main purpose of this paper is to develop an integrated model of these three decisions in order to test different theories of consumer inform ...
2. Organization of the Exam and Assessment Criteria
2. Organization of the Exam and Assessment Criteria

... The subject of psychophysiology. Psychophysiology as a scientific branch of psychological science. Psychophysiology as a part of contemporary neuroscience. The role of psychophysiology in understanding fundamental mechanisms of the brain, psychical processes and behaviour. Applications of contempora ...
Product Complements and Substitutes in the Real World:The
Product Complements and Substitutes in the Real World:The

... willing to collect and disseminate them. As occurs with products in general, the ready availability of such data will likely stimulate managers and researchers to find more uses for them (much as has occurred with scanner data). We expect that more attention will be paid to hypothesizing and measuri ...
Brain Organization and Handedness
Brain Organization and Handedness

... spot and the cat prepares to attack, hissing with its back arched, its pupils dilated, its hair on end. Move the electrode only slightly within the amygdala, cage the cat with a small mouse, and now it cowers in terror. These experiments confirm the amygdala’s role in rage and fear, including the pe ...
2. Organization of the Exam and Assessment Criteria
2. Organization of the Exam and Assessment Criteria

... The subject of psychophysiology. Psychophysiology as a scientific branch of psychological science. Psychophysiology as a part of contemporary neuroscience. The role of psychophysiology in understanding fundamental mechanisms of the brain, psychical processes and behaviour. Applications of contempora ...
Measuring Physician Interaction with Brands
Measuring Physician Interaction with Brands

St. Paul`s University Business Administration Department First
St. Paul`s University Business Administration Department First

... Suppose Nestle wants to expand its food products line. The managers conducted surveys from customers to determine which food items would appeal to customers. Nestle is currently in which of the following phase of new product development? ► Idea generation ► Idea screening ► Test marketing ► Busines ...
Top 10 drivers of advertising profitability
Top 10 drivers of advertising profitability

... new opportunities for brands to advertise and communicate with those consumers, an opportunity that is ever-closer to the point of purchase. We’ve also seen brands get bigger during the past eight years. According to Millward Brown’s BrandZTM study, the Top 100 brands grew by $310 billion in 2013 – ...
Blurring the lines: is there a need to rethink industrial marketing?
Blurring the lines: is there a need to rethink industrial marketing?

... functionality delivery and price. Research methods such as conjoint analysis can be applied with equal effectiveness in both markets. (see, for example, Green and Wind, 1974). While there were some obvious parallels between consumer and industrial marketing, in the early development of these fields, ...
Companies receiving unwanted marketing v1
Companies receiving unwanted marketing v1

... corporate subscriber is therefore any corporate body (an entity with a separate legal status) with its own phone number or internet connection. This includes companies, Scottish partnerships, limited liability partnerships (LLPs), corporations sole, and some government bodies. Any reference in this ...
Prefrontal Cortex, Emotion, and Approach/Withdrawal Motivation
Prefrontal Cortex, Emotion, and Approach/Withdrawal Motivation

Ecological REcycling agRicultuRE
Ecological REcycling agRicultuRE

A Journey into Social Networking
A Journey into Social Networking

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Neuromarketing

Neuromarketing is a field of marketing research that studies consumers' sensorimotor, cognitive, and affective response to marketing stimuli. Researchers use technologies such as functional magnetic resonance imaging (fMRI) to measure changes in activity in parts of the brain, electroencephalography (EEG) and Steady state topography (SST) to measure activity in specific regional spectra of the brain response, or sensors to measure changes in one's physiological state, also known as biometrics, including heart rate and respiratory rate, galvanic skin response to learn why consumers make the decisions they do, and which brain areas are responsible. Certain companies, particularly those with large-scale ambitions to predict consumer behaviour, have invested in their own laboratories, science personnel or partnerships with academia. Present in over ten countries, the Neuromarketing Business Association today centralizes academic publications and certifications and serves as a networking platform for professionals in the field.Companies such as Google, CBS, Frito-Lay, and A & E Television amongst others have used neuromarketing research services to measure consumer thoughts on their advertisements or products.Whilst the origin of the term ""neuromarketing"" has been attributed to Ale Smidts in 2002, the phrase was in use earlier. In the late 1990s, both Neurosense (UK) and Gerry Zaltmann (USA) had established neuromarketing companies. Unilever's Consumer Research Exploratory Fund (CREF) too had been publishing white papers on the potential applications of Neuromarketing.
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