Billions For Bank Bailouts, But How To Rebuild The Brands? Neurofocus Reveals N

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24th February 2009, 12:05am - Views: 739





Business Finance NeuroFocus Inc. 1 image

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Billions for Bank Bailouts, But How to Rebuild the Brands? NeuroFocus Reveals New

Brainwave-Based Solutions


BERKELEY, Calif., Feb. 23 /PRNewswire-AsiaNet/ --


    World's Leading Neurological Testing Firm Unveils Findings, Drawn Directly 

      From Brainwaves, That Financial Giants Can Follow To Rebuild Consumer  

                                    Confidence


    As one financial giant after another falls to new lows, NeuroFocus, the

world's leading neurological testing company, put the power of brainwaves to work

to discover how those firms can help their battered brands recover.


    Titled "Money Meltdowns, Minds, and Milliseconds", the company's new report

is based upon NeuroFocus' patented technologies and proprietary methodologies

that capture and analyze consumer's actual brainwave activity. NeuroFocus applies

its expertise on behalf of many of the world's largest companies, across dozens

of categories, to help them achieve maximum impact and effectiveness with their

product development and marketing programs.


    The study is available at:



    NeuroFocus tested consumers in its laboratory to determine exactly what

financial brand messages they responded to best, at the deep subconscious level

of their minds, where brand perceptions, brand loyalty, and purchase intent are

truly formed. The company is making public twenty of the findings drawn from the

study.

    

Specific guidance for companies flowing out of NeuroFocus' research include:


    * Claims about institutions making "sacrifices" and applying "hard work" did

not resonate as well with consumers as positioning statements that emphasized

understanding "consumer pain"


    * Age trumps beauty: older people shown in marketing and other materials

resonated better than younger people


    * Imagery (especially photographs) that showcase families, solid structures,

'clarity in chaos', and light in darkness scored best in consumers' subconscious


    * Blog postings are the most effective form of written advocacy - including

those written by parties with a vested interest in the subject


    "When you are drowning in debt and suffering from severely depressed-or

nonexistent-earnings, and your previously-trusted brand is now a penny stock in

terms of consumer perceptions, this report can literally be a lifeline," said Dr.

A. K. Pradeep, Chief Executive Officer of NeuroFocus. "It offers a

straightforward series of clear, easily-executed steps that can be taken by

financial institutions to help regain credibility with consumers, and begin to

win back their confidence in the brand."


    The study has inherent scientific credibility because it is based upon

consumers' actual brainwave responses, which provide uncorrupted data that is far

more precise, reliable, and actionable than conventional research methods such as

Business Finance NeuroFocus Inc. 3 image

surveys and focus groups. Those methodologies cannot match NeuroFocus' EEG-based

neurological testing in terms of accuracy.


    The new study becomes available as the financial industry in many markets

worldwide is suffering from record declines, with some legendary institutions on

the brink of collapse.


    "There is zero margin of error now for these companies," Dr. Pradeep said.

"They cannot afford, literally, to make a misstep or rely on an educated guess or

count on what seemed to work before. Those who survive and recover will be those

whose messaging and marketing resonate the best in consumers' subconscious minds.

The only way to know how to achieve that is to first understand what those

subconscious minds are saying in response to brand images, advertising, websites,

and all the rest of the communications channels that financial firms send their

way. At NeuroFocus, our business is listening to those minds - and we do it at

2,000 times a second, across every sector of the brain."


    About NeuroFocus

    NeuroFocus Inc. is the market leader in bringing neuroscience knowledge and

expertise to the world of advertising, marketing, product development and

packaging, and entertainment. The company leverages Doctorate-level academic

credentials in neuroscience and marketing from Berkeley, MIT, Harvard, and the

Hebrew University combined with C-suite level business management and consulting

experience. 


    NeuroFocus clients include Fortune 100 companies across the consumer package

goods, food and beverage, financial services, automotive, retail, and many other

sectors. Entertainment category clients include major companies in the broadcast

and cable television and motion picture industries. The Nielsen Company is a

strategic investor in NeuroFocus.


SOURCE:  NeuroFocus Inc.


    CONTACT:  Tom Robbins of NeuroFocus

              +1-510-526-9882

              Thomas.robbins@neurofocus.com




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