I SECOND THAT EMOTION
How Neuroscience Is Re-Igniting Marketing
Technology has changed the face of marketing so dramatically and permanently that no one
considers it noteworthy anymore. From personalization software to wireless
communication to web advertising, there’s no aspect of direct-to-consumer marketing that
hasn’t been changed by new information management tools. Rumor is that some of it
may even be contributing to improved business results.
Let’s be honest. From the standpoint of a marketing executive, technology has done
more to change marketing activities than it has marketing results. Market shares
and ROI are still too low. Customer defection and acquisition costs are still too high.
CEOs of major corporations are being sacrificed like so many vestal virgins.
Why haven’t we done better? The sad reason is that technology has done relatively little
to improve a marketer’s understanding of what’s really valuable to people, and its
connection to human behavior. Show me a loyalty program database, and I’ll show you
an excellent capture of past consumer behavior - and a poor predictor of future behavior.
We’re
not indicting marketing software and hardware developers for this
massive underachievement. For the purposes that information tools
are designed for, they are reasonable implements. But frankly,
these tools are overmatched by the unrelenting fickleness of your
customers. We think it’s analogous to going into a gunfight with
a knife in your hand; to come out alive, you need a better weapon.
Emotions First
To
make it a fair fight, you'd need to know all aspects of what your
customers are thinking - and more importantly, what they’re feeling.
Neuroscientists have gained tremendous understanding of how the
human mind works over the past decade with specific illumination on how
decisions are made. The breakthrough discovery is that emotions
are the key to what motivates people, in virtually any human endeavor.
Emotions are housed in the limbic system,
the source of your instincts and habits, as well as your fears and
secrets. Emotions are also the way that your brain tells you what
to pay attention to, amidst the incessant barrage of stimuli you are
hit with everyday.
Emotions are processed in the brain faster than logical thought, and
actually have the final say in moments of indecision. The gap
between emotional feeling and rational thinking creates the High Say,
Low Do phenomenon that plagues consumer researchers and marketers.
Where Science Meets Art
At Gang & Gang we contend that without sophisticated tools to
understand emotions you cannot expect to accurately predict human
behavior, and hence will have difficulty achieving your goals.
Our
company was founded over five years ago to bring fresh insights from
neuroscience into the marketing arena, and to help client companies
understand and overcome "High Say, Low Do" behavior.
Our Resonance® technology process is built on a self-administered
survey instrument that is modeled exactly like how the brain works,
starting with spontaneous emotions, and combining them with rational
reasons. The result: startling insights that catapult marketers
past consumer intentions (the "should do") and directly to true
motivations and inhibitions (the "will do").
Resonance quantifies emotions (previously thought to be impossible) and
is the only statistically valid process for understanding human
emotions and motivations. It is Six Sigma certified for
statistical stability and reliability.
Resonance findings are then converted into marketing solutions that act
like wonder drugs on mainstream business problems. Gang &
Gang uses a four-step process: Understand, Segment, Execute, and Track
that uses Motivational IntelligenceTM
(MI) to achieve superior results. We address four aspects of your
business - offerings, customers, communications, and management systems
that impact the customer relationship continuum.
Re-Inventing Marketing
Managing and measuring your business using emotion-based tools is
analogous to playing golf with metal woods, you immediately notice a
positive difference, and you'd never consider going back to wooden
woods. If marketing is essentially the art of getting closer to
your customers, using emotion tools gets you so close you need a breath
mint.
To call this a competitive advantage would be a raving understatement.
Our Motivational Intelligence approach impacts all traditional
marketing arenas: brand positioning, loyalty marketing, customer
acquisition and retention, advertising effectiveness, and sales
targeting as a partial list. One Gang & Gang client said of
Resonance, "I feel like a caveman who was just handed a laser gun."
If
you had the ability to know exactly what motivates your customers to
behave the way you want, you would change all your marketing and sales
strategies and tactics to capitalize on that knowledge. You'd
have higher strike rates, lower costs (due to less waste associated
with shotgun efforts), and much higher customer loyalty.
One Gang & Gang client (a top health care company) used
Motivational Intelligence tools to turn a failing new product launch
into a $1 billion powerhouse brand. The turning point decision
was to segment customers based on emotions (segmenting on demographics
provided no insights). They were able to target the 25% of early
adopters with full focus and not waste time and money on unmotivated
buyers.
Raising the Bar
As with scientific contributions in other arenas, neuroscience has
provided a better way to understand consumer behavior, and Resonance
has advanced both the art and science of marketing to a radically
higher level of effectiveness. If someone were to come to you and
say, "I'm going to show you a way to get better results through less
effort," you’d probably feel ecstatic, joyful, energized, right?
We’d second that emotion.
----------------------------------------------------------------------
This article was written by Tim Guen, Senior Vice President at Gang & Gang, Inc.
Companies such as General Electric, Procter & Gamble, Kraft Foods, BellSouth, and Eli Lilly are all using Resonance to understand customer motivations. Click here to learn more about our marketing solutions for these and other clients.
Click here for more information on Resonance.
Back to Top
|