How Amazon applies the technology of neuromarketing in their daily business


Term Paper, 2021

11 Pages, Grade: 1,2


Abstract or Introduction

The following article deals with the application of neuromarketing concerning real examples from Amazon.
For this purpose, the company, as well as the theory and origin of neuromarketing, were briefly introduced at the beginning.
Afterward, real examples were presented of how Amazon uses neuromarketing to continuously increase customer satisfaction and, at the same time, sales.
The main conclusion of the report is that the use of neuroscience technologies in companies has enormous potential.
The example of Amazon shows how much people are guided by emotions, feelings of security, and the masses. Neuromarketing is based precisely on these insights.
Nevertheless, both sides benefit from this approach. The customer experiences a better shopping journey and receives greater benefits, while the company can generate higher sales at the same time.

Details

Title
How Amazon applies the technology of neuromarketing in their daily business
Course
Neuromarketing
Grade
1,2
Author
Year
2021
Pages
11
Catalog Number
V1239958
ISBN (eBook)
9783346662798
Language
English
Keywords
Amazon, Neuromarketing
Quote paper
Jakob Scheidel (Author), 2021, How Amazon applies the technology of neuromarketing in their daily business, Munich, GRIN Verlag, https://www.grin.com/document/1239958

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