Friday 13 December 2013

TrivialTrivia: GEEKY CULINARY DELIGHT

TrivialTrivia: GEEKY CULINARY DELIGHT: How would you like to have meat for your scrumptious homemade kebabs coming from a lab instead of meat market? Sounds gross or electrifyin...

Neuromarketing! Peeping into Consumers’ Minds

What if I say our brains are being trifled by the marketers to make us buy only their brands? Some of you might simply say, “No, I am a learned customer, marketers may influence my choice but they can’t actually make me buy something”.
You are rather wrong!
Accurately understanding customer perception about buying has been a herculean task for marketers. There has always been a hunt for mediums that smartly meet communication purpose rightly,targeting customer’s needs in no time. For this, Neuromarketing is good news. Neuromarketing is the activity of recruiting functional magnetic resonance to analyze brain’s reaction to certain tasks or stimuli. Marketing researchers can now use the imaging tools to observe the areas of the brain that respond positively to the brands, campaigns, and taglines. Neuromarketing tools observe how the brain reacts to print ads, TVCs, packaging, and logos. In United States, about $1 billion is spent on the focus group activities to understand human psychology towards brand. Currently, Coca Cola has taken this initiative to use Neuromarketing in all its performance and quantitative projects by employing facial coding survey. Frito lays seconds this run and made the most of the Neuromarketing research services to remain abreast in understanding customers well.  Hyundai recently adopted brand image resonance services and conducted focus groups to track electrical activity in human brain. The purpose was to understand consumer’s product choice for Hyundai in comparison with the competitors' brands. Although the concept of Neuromarketing is not new, it is only recently that the brands have begun understanding the true potential of this idea. By knowing what exactly drives the customers, the researchers and the marketers can have a better knowledge of what really motivates the purchase decisions. Let’s hope that science can predict our buying behavior and perceptions better than before, but would we call it intrusin in our very personal purchase decisions? This is yet to be answered!





Wednesday 9 October 2013

The Brand Contagion

Caution
There must have been times when you regretted buying a product or availing a service; likewise there must have been instances when you were overwhelmed by the idea of your association with a particular brand. Whatsoever, we all play the role of "consumer" infinite times in a lifetime. This post is about how fixated it is being a consumer today. This fixation might be with the brands, or with fads, and yet there are those who find it effortless to be a consumer. These reviews are totally impartial and solely depend on the individual experiences, so you have your due right to agree or disagree with me :)

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“Oh I bought this shirt for Rs 5000 from the New exclusive couture line (ABC), have you heard of it? How cool is that”? Said my friend, 25 years old. “But I bought the same from the mall next to my place for 2500”, it’s the same material and design,” said I convincingly. “But it’s branded”, said she triumphantly!

 It was obvious she did not feel any remorse for Rs 2500 extra paid for the exactly same item I bought, so what is this brand fever which has been taking its toll more than forever now! Let’s see!
For few consumers, all that matters is the convenience to shop at a less crowded place (the exclusive boutiques and stores) than at a common marketplace, for few, it is the peer pressure which compels them to go after brands, and for others, quality of branded items is way better than the unbranded products. However, the most significant trend is that, brands were never as invasive in Pakistan as they are today. The all so well set and happening integrated marketing is etching the significance of being branded in consumers’ minds. It is always worthy to be recognized as the girl who wears "Chanel" or the guy who owns a dozen "Mango" shirts. For example, a twenty three year old working lady says,“mostly I shop at Khaadi, Ego or Generations; the clothes are expensive yet pretty, but most of all, they fulfill my desire to wear designer outfit”. A thirty year old housewife says, "everything is branded today? what and how much will you avoid? besides, brands provide me a sense of promise and value". However, not all the consumers replicate the above view,

“Why would I pay for the brand, if I can find the similar item at low price, said a twenty four year old working lady”! A twenty year old student says, “It doesn't really matter if the clothes are branded, I buy what I like, it’s simple I guess!

So, there still are consumers who never have complex of not buying branded products.

Well, to succinct in, the feeling of buying a brand is proud and satiating but sometimes consumers become prey to excessive prices, and low product quality in the brand run and cannot really determine if what they are paying for is worth buying. This is true, the charisma of brands can never be undermined. At some time point all of us want a “me” fondness which is well fulfilled by brands, but don’t we become victims of brand blindness sometimes and feel remorse afterwards? Have you ever?

Monday 7 October 2013

GEEKY CULINARY DELIGHT

How would you like to have meat for your scrumptious homemade kebabs coming from a lab instead of meat market? Sounds gross or electrifying? A little of both to me.
Well, this may happen in the near future. The news just struck me today that a team of Dutch scientist successfully produced meat in a Petri dish. The process goes on like this:
From the animal muscle tissues, stem cells are collected which are then fed nutrients to help them grow. The already tripled millions of these cells are then contained into a Petri dish where they are turned into small pieces of muscles and finally into frozen pellets. After having enough quantity, these muscles are deforested and compacted into a petty to be cooked.
 courtesy, http://www.washingtonpost.com, 2013, (blog) 
Here you go! Bon appétit Iron free, protein free and fat free meat, which must be good news for half of self inflicted fat deprived us.

The aim of scientist seems undoubtedly simple, that is: achieving the good of environment and economy, where rearing and slaughtering of animals is costly. Besides, the current worldwide meat production is on the verge of achieving its maximum capacity and standing in need of alternatives. However, it will still take twenty more years to have lab meat available at supermarket shelves. Right now, we can only anticipate if the morsels of this cultured meat are actually socially and economically approved of  in both Eastern and Western societies. Till then, savor your mouths with “nature made” meat as much as you can (no offense to those on diet)! And me? I think I just lost appétit; for meat at least, for a while!