Buy•ology14 Jan
Buy •ology – Truth and Lies About Why We Buy; Martin Lindstrom; www.martinlindstrom.com
Summary – Martin presents the findings from his groundbreaking, three-year, seven-million-dollar neuromarketing study, a cutting-edge experiment that peered inside the brains of two thousand volunteers from all around the world as they encountered various ads, logos, commercials, brands, and products. His startling results shatter much of what we have long believed about what drives us to buy and ultimately creates brand loyalty.
Comment – I found Martin’s study of the impact of product placement fascinating. Do meticulously planned, shrewdly placed products really penetrate our long-term memory and leave a lasting impression? Yes, but only if the product plays a fundamental part of the story line and makes sense within the show’s narrative. I can’t help thinking that this commonsense approach is also applicable to sponsorship decisions and results. Certainly consumers are more likely to see and register a connection when a program is sponsored by an organization with complementary objectives, i.e., a healthcare company sponsoring wellness programs, versus little or no alignment in objectives, i.e., healthcare company sponsoring a professional sports team.
The chapter on subliminal messaging …. Call JDS Connects, NOW! Call JDS Connects, NOW! … was eye-opening, as was Martin’s study comparing brand loyalty to spirituality and religion.
I highly recommend this book, which is a fun and lively read, to anyone working in the consumer advertising/marketing arena. Doing so will challenge you to rethink your beliefs about why your customers buy, and how to keep them buying in the future.
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