A Data-Driven Neuromarketing Approach to Understanding Consumer Buying Preferences

Authors

  • Md. Mirajul Islam Lecturer, Department of Business Administration, Trust University, Barishal, Bangladesh Author
  • Taposh Kumar Neogy Associate Professor, Department of Business Administration, Trust University, Barishal, Bangladesh Author
  • Mina Manjurul Hossain Reza Assistant Professor, Department of Business Administration, Trust University, Barishal, Bangladesh Author

Keywords:

Neuromarketing, Consumer Behavior, Data-Driven Marketing, Neuroanalytics, Digital Technologies, EEG, Marketing Ethics, Decision-Making, Consumer Insights

Abstract

In today's digital landscape, understanding consumer buying preferences is critical for crafting effective marketing strategies. This study adopts a data-driven neuromarketing approach that integrates neuroscience, cognitive psychology, and data analytics to investigate how consumers respond to marketing stimuli. By analyzing peer-reviewed literature and recent advancements in neuroimaging, biometric technologies, and digital data processing, this research explores the intersection of consumer behavior and neural activity. The article highlights how businesses can leverage data collected from neuromarketing tools—such as EEG, eye-tracking, and facial coding—to optimize decision-making and personalize marketing campaigns. Additionally, it examines the ethical implications and technical challenges in implementing neuromarketing techniques, with an emphasis on transparency, data privacy, and scientific rigor. This approach provides a deeper, quantifiable understanding of the neural and psychological drivers of consumer decision-making.

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Published

2024-09-15

How to Cite

Islam, M. M., Neogy, T. K., & Reza, M. M. H. (2024). A Data-Driven Neuromarketing Approach to Understanding Consumer Buying Preferences. American Digits: Journal of Computing and Digital Technologies, 2(1), 65-80. https://www.americandigits.com/ad/article/view/13