Neuropsychological Marketing: A Study on Building Trustworthy Consumers

Authors

  • Tarique Anwer Assistant Professor, Department of Management Siwan College of Engineering &Management, Islamia Nagar, Shurapur P.O. Siwan, City: Siwan-841226 Bihar

Keywords:

Neuropsychology, Psychology, Marketing, Trust, Consumer, Serotonin, Oxytocin

Abstract

This study explores the neuropsychological effect of how a customer becomes trustworthy for a brand. The study investigates human neuropsychology and various components of the brain and its chemicals that play a behaviour-generating and behaviour-driving role in making a brand successful or fail in the market. Digging into the psychological sphere, the study explores and finds out how the consumer’s brain reacts when it experiences the right product and the right communication and service. The results establish how effective and creative marketing moves secrete favorable brain chemicals like serotonin and oxytocin and how these chemicals have a significant positive influence on the satisfaction of consumers' basic needs, and the perceived value of the products. The study further demonstrates how trust-building chemicals like serotonin and oxytocin contribute significantly to consumers’ anticipation and excitement and how the surge of the chemicals results in positive emotion. The findings expand the literature by providing a better understanding of the core mechanisms of the brain. The study applies the conceptual framework and the mode of research is qualitative research, but it also takes into account quantitative data. It figures out the complex link between the secretions of brain chemicals and consumers’ buying behaviour. I use and build hypotheses based on secondary data about perceived quality, brand awareness, brand association and brand loyalty.

References

[1] Amy Wong, Lianxi Zhou. (2005), Determinants and Outcomes of Relationship Quality: A Conceptual Model and Empirical Investigation, Journal of International Consumer Marketing .81-10, (12) https://doi.org/10.1300/J046v18n03_05

[2] Barbara. (2020) Neuromarketing: What it is, How it works, Marketing Communication., https://eosmarketing.it/en/neuromarketing-what-it-is-how-it-works-examples-methods/

[3] Clear, James, (2019) Atomic Habit -The Easy and Proven Way to Build Good Habit and Break Bad Ones, ( 106) Business Book.

[4] Dun, Gifford, Jr. (1997) Brand Management: Moving Beyond Loyalty. Harvard Business Review, (9-10)

[5] Eleanor H. Simpson. Peter D. Balsam. Behaviour Neuroscience of Motivation. (2015) Role of Wanting and Liking in Motivating Behaviour: Gambling Food and Drug Addiction. 12-13

[6] Jacoby, J. and Chestnut, R.W. (1978) Brand Loyalty Measurement and Management. Management, John Wiley and Sons, New York 8 (2).

[7] Manson, Mark, (2019) Everything is Fucked (pp.56). Harper Collins.

[8] Mellens, M., DeKimpe, M. G., Steenkamp, E. M., (1996) A Review of Brand-Loyalty Measures in Marketing, Journal of Economic Management, 34( 4),

[9] Simon Knox. David Walker (2001), Measuring and managing brand loyalty, Journal of Strategic Marketing, 111-128 (9) https://doi.org/10.1080/713775733

Downloads

Published

12-07-2023

Issue

Section

Articles

How to Cite

[1]
Tarique Anwer 2023. Neuropsychological Marketing: A Study on Building Trustworthy Consumers. International Journal of Innovations in Science, Engineering And Management. 2, 3 (Jul. 2023), 01–11.