Buyology: Truth and Lies About Why We Buy – Buyology Book Summary

Buyology
ABOUT THE BOOK:
Name: Buyology – Buyology: Truth and Lies About Why We Buy
Author: Martin Lindstrom

Buyology Book Free at Audible
Book available at: FlipkartAmazon
Book size: 304 pages

Overview:

In today’s bestselling book, Martin Lindstrom, the author, states that we rarely have rational control over why we buy some products and not others. Our brain subconsciously chooses for us. Traditional marketing methods no longer work. Neuromarketing is the new key tool which will “revolutionize” marketing strategies in the future and help us understand the science behind why we buy. Author writes about the “Largest Neuromarketing Study Ever Conducted” involving brain scans. Time named Lindstrom as one of the world’s 100 most influential people because of his book.

Buyology - Truth and Lies About Why We Buy
Buyology: Truth and Lies About Why We Buy

Shop Now  Flipkart Affiliate Image

Shop Now Amazon Affiliate Image

Let’s begin with Buyology Book Summary:

Chapter 1) Emotions win out

Lindstrom claims that market research is nothing but unreliable and misleading. He maintains that “how we say we feel about a product can never truly predict how we behave”. As a result the book is set out in a series of experiments conducted to prove, disprove or explore theories of what drives consumers to buy (or not to buy).

The brain is deceptive (misleading). Using an experiment conducted on 32 smokers from around the world, the results of fMRI (functional Magnetic Resonance Imaging), a brain scanning technique, indicated that when a slideshow of images of cigarette packet health warnings was shown, a “craving spot” within subjects’ brain was actually stimulated. Despite almost all subjects claiming they were affected by the health warnings, this experiment produced results which suggested they were not affected.  The warnings apparently had no effect on putting people away from smoking, instead increased their desire to smoke. This demonstrates that what we say we think or feel, is often not mirrored by our brain. So the billions spent on health campaigns are actually helping the tobacco industry – 10 million cigarettes are sold every minute.

We may think we understand why we buy but looking closely at our brain, suggests very a different picture. We assume we think rationally when we buy, but we don’t. Emotions cloud our decisions whether consciously or subconsciously.

E.g. A Princeton University experiment testet short-term v/s delayed rewards. Subjects were offered $15 to receive in vouchers now or $20 in two weeks. The rational thinking was that if they waited longer they would have more. But the flurry of excitement at the thought of being handed $15 in vouchers immediately overcame logical thinking and most subjects chose the first option.


Chapter 2) Product placement works if fully entwined (weaved) into the programme

TV advertisements are becoming increasingly monotonous, uninspiring and boring. In 1965 the average consumer could remember 34% of ads on TV and what they were for. By 2007 this was down to only 2.21 ads remembered by someone ever. Ultimately, our brains are so oversaturated by advertising that we block it. The population no longer watch nor listen, it is “only the ad break” between TV shows.

The experiment
Three brands, Coca Cola, Cingular and Ford all feature within the TV show American Idol. Coke has the largest coverage (60% of the time) via subtle product placement, such as the curves of the sofas resembling a Coke bottle or blatant advertising as the drink chosen by the judges. Cingular are mentioned each time callers call in to vote for their favourite contestant and Ford the sponsoring brand, features in ads during the break. Each of the volunteers were shown a sequence of 20 product-logos which included Coke, Cingular and Ford before and after having watched an episode of American Idol and an episode of another unrelated show (to act as a control).

Whilst wired up to the SST brain scan their brain activities were measured throughout. Results showed that after having watched American Idol, the brands featured were remembered afterwards and served to inhibit memory of the other brands. For Ford, having watched the show, subjects remembered less of the brand than before – most likely due to it being featured during the break, so automatically associating it with being “just” an ad.

A “consumer’s memory of a product is the most relevant and reliable measure of an ad’s effectiveness”. A product needs to be woven into the show as part of the ‘storyline’ for it to be remembered.

Chapter 3) Subliminal messaging does work

Subliminal messaging has often had bad publicity and is considered to be ‘brainwashing’ the population or “contrary to the public interest”.

The experiment
Elderly people (60 – 85 years old) split into 2 groups were given a computer game to play. During this, one group had a series of positive words (e.g. wise, accomplished) flash up on the screen and the other had negative words (e.g. senile, diseased). Once finished, scientists measured the “swing-time” in their gait (time with one foot off the ground).

The results: Those who were in the positive group’s gaits improved by 10% suggesting that positive psychological stimulus can improve physical achievement.

The experiment
Subjects were exposed to a millisecond image of either a smiling face or an unhappy face before pouring and paying for a drink. The result: Those who viewed the happier face poured more drink and were willing to pay almost twice as much for the drink as those who saw the unhappy face.
This phenomenon was called “unconscious emotion” where our brains can remember and recall an image or brand even before we have consciously realised what it is. Hence our brain ‘decides’ we will buy something, before we have consciously realized.

Chapter 4)  Logos no longer work

Lindstrom pushes further and proclaims that brand logos are dead and can even reduce sales of a product for being too garish (loud), thereby causing the consumer to mentally shut it out as we know it’s purpose – to make us buy it. If an ad is understated, we let our guard down, and it might just have an impact.

To counter this, for e.g. Marlboro use everyday objects and styles such as colour schemes, tiles with similar symbols to the Marlboro logo, ashtray designs and sofas in order to give the appearance of a Marlboro ad environment without brandishing the logo anywhere. We only need a visual image that reminds us of a product/brand for it to seemingly register in our brains and cause an appropriate reaction. (Brands like Abercrombie & Fitch, Ralph Lauren & Marlboro are already doing this)

Chapter 4)  Logos no longer work

Lindstrom pushes further and proclaims that brand logos are dead and can even reduce sales of a product for being too garish (loud), thereby causing the consumer to mentally shut it out as we know it’s purpose – to make us buy it. If an ad is understated, we let our guard down, and it might just have an impact.

To counter this, for e.g. Marlboro use everyday objects and styles such as colour schemes, tiles with similar symbols to the Marlboro logo, ashtray designs and sofas in order to give the appearance of a Marlboro ad environment without brandishing the logo anywhere. We only need a visual image that reminds us of a product/brand for it to seemingly register in our brains and cause an appropriate reaction. (Brands like Abercrombie & Fitch, Ralph Lauren & Marlboro are already doing this)

Chapter 5) Ritual and Superstition help us have certainty in an ever changing world

Rituals are commonplace within our fast-paced unsettling society in an attempt for us to gain some control over our lives (e.g. touching wood, not walking under a ladder, etc). Rituals within products give us an “illusion of comfort and belonging”.

Consumers have a sense of loyalty to a preferred brand, similar to a religious affinity, for products such as shampoo and coffee, or a biscuit, which encourages them to keep buying.
Oreo’s cookies have 2 ways of being eaten and Nabisco who manufacture them has partnered with the “Got Milk?” campaign. For consumers to associate a brand with a nationwide ritual, this brings with it a sense of familiarity and unity – hence keeping sales going.

Download Free Software For Video Animation>>

Chapter 6) Brands can be like religions, with their rituals

Similar to the theory behind rituals, a unity exists between consumers of the same brand, a sense of camaraderie (companionship), of loyalty, of being on a ‘side’.

An anecdote used is that of the mystery  X9 Factor. An employee wrote on a bottle of Unilever shampoo “contains the X9 Factor” and undetected millions of labels were printed containing this new ingredient. Once the supplies ran out, the brand was reprinted without this X9 Factor. The result was thousands of complaints, sales decreased and, despite none of the customers knowing what the Factor X9 was, some claimed the shampoo no longer worked!

Brands also behave similar to religious icons; take MacDonald’s or the Nike ‘tick’. These logos are universal, and evoke powerful associations with the companies they represent, with consumers instantaneously knowing exactly what the logo stands for.

Chapter 7) Use of multiple senses to ‘lock’ in a brand

Sight and smell stimulate our brain in the same way, thus visual advertising is not necessarily better. Visual images are most effective if combined with sounds and smell for a more complete experience of the product. The senses must complement each other and consumers are more likely to remember the ‘nice’ smells.

Examples of fragrances used already are:
– Honeydew Melon in Samsung to encourage electronic purchases
– Meadow Grass in British Airways Business Lounge to simulate pleasant environment.
Uses of sound within the market
– type of music played in supermarkets can determine type of product bought e.g. French music increases sales of French wine as we subconsciously hear the music.
Our senses are the most powerful tools we have. To determine what we feel about a product, use of sight, sound and smells together will revolutionise advertising in the future.

The experiment
A brain scan was conducted in which subjects were shown a slideshow composed of 4 different product categories: airlines, mobile phones, software and images of London city. Along with this, a selection of signature sounds associated to the four categories were selected. e.g. the Nokia ringtone and Microsoft start-up sound. Images unrelated to the sounds were also shown to act as controls. The sounds were played in a 10 minute series alone, followed by the images alone and then slides where a sound was played along with the image displayed. This sequence was repeated 5 times with the participants scoring from 1-9 what their preferences were between sound, image or sound and image together.

The results: We can recall what we see and hear much better if our sight and hearing are stimulated at the same time compared with when they are working alone. Brain activity increases, suggesting we are paying more attention, when both sight and sound is stimulated. Therefore, if a well known logo is coupled with a familiar theme tune, the consumer will be much more likely to notice and remember the product.

Colour is very powerful in connecting consumers visually with a logo or brand. Colours increase chances of recognition by 80%.

Read More Book Summary>>

Chapter 8) A Solution to New Product Development

Companies are notoriously bad at predicting how products will do in the market. Neuromarketing could be the solution to this as neuromarketing could help to determine how successful a brand will be. This will consequently save millions in attempting to launch products which will fail (8/10 product launches fail).

The experiment
4 groups of 50 men and women representing the general demographics of the US population were used in the SST brain scan. 3 TV shows, How clean is your house, a proven ‘success’, The Swan, a proven ‘failure’ and Quizmania were all used in this experiment in order to determine whether Quizmania, a British gameshow, would be a success if launched in the US. 2 groups watched the failure show and Quizmania, whilst the other 2 groups watched the successful show and Quizmania. To reduce novelty effect, all the participants had watched an episode of both their shows the night before. Each person filled in a questionnaire answering what the chances were of them watching the programme again and these answers were compared with the brainscan.

The results: The questionnaires didn’t reflect the differences apparent in the successful TV show compared with the failed show, which appeared ‘neck-a-neck’ via the questionnaires. The SST scans, however, showed results that mirrored the relative successes of each show. When it came to the highly visual, multicoloured, action-packed, loud, exhausting, TV show Quizmania on paper, the majority of the subjects hated the show and voted it the one they were least likely to ever watch it again. Their brains on the other hand showed intense activity, that they were engaged in the programme and actually “liked” it. The brain scans had accurately conveyed the show’s success in the UK.

Brain scans can be used in the future to surmise TV shows’ potential success within a wider audience, and this can be transferred onto all products, brands and advertising campaigns.

Chapter 9) Sexual content vampires (sucks) the brand

In 2005 a book was published which claimed that 1/5 used sexual connotations in order to sell. Seductive content is usually considered to have controversial element and had ‘shock-value’ hence grabbing the consumers’ attention. Lets checkout the experiment.

The experiment
60 participants were divided into 2 groups, two of which watched an episode of Sex and the City where the characters discussed their sexual prowess, and the other two groups watched an episode of Malcolm in the Middle. Then, one group from each category watched ads which were sexually suggestive and the remaining two groups watched advertisements containing no sexual connotations. The aim being to see whether sex helps consumers remember a product.

The result: Those who watched the suggestive ads were no better at recalling the products than those who didn’t. Further, those who watched the “sexually explicit” commercials remembered less of what they had seen. Evidently, the sexual implication stole their attention away from what the ad was trying to sell.

Additional research conclude that women don’t appreciate ads which feature extremely beautiful women as it brings out insecurities and potentially makes them feel jealous or threatened, thus reducing their positive impact. Female consumers are more likely to identify to ‘normal’ people who are not perfect (e.g./ Dove “natural beauty” campaign). 53% of people were found to be more likely to buy a product which is advertised using symbols of “love” as opposed to 26% using “sex” symbols.  Lindstrom claims that in this era, sex is so accessible and over-commercialized that it has lost its shock-value.

Chapter 10) Mirror Neurons helps us ‘associate’ into things/feelings

Mirror Neurons are the “future of advertising”. These nerves in our brains are responsible for the feeling. We get when we relate to something we are seeing or thinking about. E.g. when the heroine in a film cries, we feel tearful, or when our team scores a goal, we share their elation. Our mirror neurons allow our feelings or actions to “mirror” those of someone else, hence are triggered in our subconscious when we see some ads. Window shopping has the same effect and our emotions overcome rational thinking causing us to buy a product purely because we ‘‘like the feeling we get from doing so’’. Trends are set due to mirror neurons (such as the iPod, everyone else has one – so I want one).

Dopamine is a chemical released in our brains which make us feel a surge of happiness. This chemical is often released whilst shopping, making us feel good about purchasing a product that we see and are automatically drawn to, regardless of whether we can afford it. Seeing diamonds in the window will release dopamine as we like what we see and increase the chances of us buying it.

Purchases are linked to “reproductive success” and our status. We buy things which make us look good and elevate us up the social hierarchy.

Chapter 11) Neuromarketing is the future

Most of our buying decisions aren’t conscious, only a very small part of the rational brain plays a part in the decision making (10% is conscious). All products in the future will be branded using brain scans prior to introducing them to the market but this will be initially very expensive and time consuming. Despite the cost, companies are already using neuromarketing e.g. Christian Dior, Microsoft, Unilever.

Finally, there is, as yet, still much to discover about the science behind why we buy – and neuroscience is leading the way.

Buyology Book Summary was taken from Booklet – ‘Make India Read’ app by Amrut Deshmukh.

Buyology Book Free at Audible

If you love the summary of ‘Buyology: Truth and Lies About Why We Buy’ book and want to read the whole book, you can take it from Flipkart, Amazon.

3
Leave a Reply

Please Login to comment
avatar
3 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
3 Comment authors
ParkerAbhisek ShawHimanshu Yaduvansi Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Himanshu Yaduvansi
Member

I am going to purchase…. Very Helpful book

Abhisek Shaw
Guest
Abhisek Shaw

Yes All points yes very use full I very happy to read and feel confident for buying and selling next time any thing.

Thanks SeeKen

Parker
Guest

Very nice post and right to the point. I am not sure if this is in fact the best place to ask but do you guys have any ideea where to get some professional writers? Thank you 🙂