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Nudge

#39: A Neuroscientist and Marketer Discuss | What is a Brand?

Sep 21, 2020
24:45
Snipd AI
Join neuroscientist Matt Johnson, who bridges science and business, and marketing expert Prince Ghuman, with their deep insights into neuromarketing. They explore how branding shapes consumer perceptions and memories, revealing why some brands stick in our minds more than others. Discover the fascinating connection between emotional associations and brand identity, illustrated with famous examples like Coca-Cola and Pepsi. The duo also discusses the impact of interactive advertising on brand recall and how these principles shape our personal identities.
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Podcast summary created with Snipd AI

Quick takeaways

  • Branding significantly shapes consumer perceptions and emotional associations, influencing product desirability beyond functionality or price considerations.
  • Neuromarketing reveals that branding operates largely in the subconscious, affecting consumer behavior and societal judgments regarding worth and status.

Deep dives

The Role of Branding in Marketing

Branding plays a crucial role in marketing as it serves not only to sell products but also to shape cultural identities and societal perceptions. It acts as an emotional anchor, influencing consumer decisions far beyond mere functionality or price. For instance, a study highlighted that children can identify over 400 brands by the age of ten, showcasing the depth of brand recognition. Ultimately, effective branding transforms ordinary products into objects of desire, illuminating its significance in a marketer's toolkit.

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