Literature DB >> 31047949

The application of EEG power for the prediction and interpretation of consumer decision-making: A neuromarketing study.

Parnaz Golnar-Nik1, Sajjad Farashi2, Mir-Shahram Safari3.   

Abstract

The application of biometric data has been the center of attention for neuromarketing researches. Understanding the underlying mechanisms behind consumer shopping behaviors and the way that advertising affects such behavior are the most important issues that need more investigations. In this study, two purposes were focused including (1)the potential of EEG spectral power for prediction of consumers' preferences and (2)interpretation of the alteration of consumers' decision-making in shopping behavior when the content of an advertisement including background color and promotions was changed. For this purpose, advertisements related to different mobile phone brands which were different according to the content were shown to the participants followed by EEG (electroencephalography) recording. The power of the EEG data was used for finding the most important brain regions for distinguishing between preferences and predicting the incidence of decision-making. Furthermore, the results were used for interpretation of the observed participant behavior. The obtained results showed that the extracted features from EEG power could predict consumer's decision-making incidence with relatively high accuracy (>87%) and distinguished between "Like" and "Dislike" preferences with accuracy higher than 63%. Also, the most discriminative channels for predicting the incidence of decision-making about liking/disliking or buying a product were found to be frontal and Centro-parietal locations (Fp1, Cp3, Cpz) while the difference between "Like" and "Dislike" decisions was observed mostly in the frontal electrodes (F4 and Ft8). Furthermore, the results showed that adding the background color to the designed advertisement had a negative impact on the degree of liking a product. In conclusion, EEG data analysis can be used as a useful tool for predicting costumer decision-making, while in order to obtain higher accuracies, other features should be tested for distinguishing between different preferences.
Copyright © 2019 Elsevier Inc. All rights reserved.

Entities:  

Keywords:  Advertisement content; Decision-making; Electroencephalography (EEG); Neuromarketing; Preference prediction

Year:  2019        PMID: 31047949     DOI: 10.1016/j.physbeh.2019.04.025

Source DB:  PubMed          Journal:  Physiol Behav        ISSN: 0031-9384


  6 in total

1.  BCI-Based Consumers' Choice Prediction From EEG Signals: An Intelligent Neuromarketing Framework.

Authors:  Fazla Rabbi Mashrur; Khandoker Mahmudur Rahman; Mohammad Tohidul Islam Miya; Ravi Vaidyanathan; Syed Ferhat Anwar; Farhana Sarker; Khondaker A Mamun
Journal:  Front Hum Neurosci       Date:  2022-05-26       Impact factor: 3.473

Review 2.  Picking Your Brains: Where and How Neuroscience Tools Can Enhance Marketing Research.

Authors:  Letizia Alvino; Luigi Pavone; Abhishta Abhishta; Henry Robben
Journal:  Front Neurosci       Date:  2020-12-03       Impact factor: 4.677

3.  Editorial: The Incredible Challenge of Digitizing the Human Brain.

Authors:  Luciano Di Mele; Carmen Moret-Tatay; Mike Murphy; Céline Borg; Raúl Espert-Tortajada; Camila R De Oliveira
Journal:  Front Psychol       Date:  2022-02-21

4.  Mapping and understanding of correlated electroencephalogram (EEG) responses to the newsvendor problem.

Authors:  Nghi Cong Dung Truong; Xinlong Wang; Hashini Wanniarachchi; Yan Lang; Sridhar Nerur; Kay-Yut Chen; Hanli Liu
Journal:  Sci Rep       Date:  2022-08-13       Impact factor: 4.996

Review 5.  A framework for application of consumer neuroscience in pro-environmental behavior change interventions.

Authors:  Nikki Leeuwis; Tom van Bommel; Maryam Alimardani
Journal:  Front Hum Neurosci       Date:  2022-09-15       Impact factor: 3.473

6.  Like/Dislike Prediction for Sport Shoes With Electroencephalography: An Application of Neuromarketing.

Authors:  Li Zeng; Mengsi Lin; Keyang Xiao; Jigan Wang; Hui Zhou
Journal:  Front Hum Neurosci       Date:  2022-01-06       Impact factor: 3.169

  6 in total

北京卡尤迪生物科技股份有限公司 © 2022-2023.