Summary and conclusion
In their paper, Plassmann et al. (2015) proposed five marketing applications of neuroscience methods. In this paper, we present a review of past and current marketing research that use an EEG approach to study consumer behavior, and further demonstrate that these five applications are indeed realistic and generalizable to EEG-based research. The studies highlighted demonstrate that consumer neuroscience, and EEG in particular, cannot only be used to study an array of cognitive processes that are relevant to consumer research, but also, when used appropriately, can have an advantage over traditional methods.
First, the temporal precision of EEG allows researchers to capture acute responses to common marketing topics related to advertising, pricing, branding and product introductions. Additionally, EEG’s relatively low cost in setting up the equipment and acquiring data should attract widespread use, not only by practitioners but also by academics. Therefore, to foster wider application of the EEG approach and ERP method in consumer research, our paper provides an introduction to EEG terminology and technology for researchers that either have an interest in conducting studies using this method, or simply wish to better understand papers that do undertake an EEG approach.
However, it is worth noting that, like fMRI studies and other neuroscience methods, EEG results should be interpreted with care. Just as each brain region is not appointed to only one cognitive or behavioral function, brain waves and ERP components are not meant to be simple indexes to explain cognitive or behavioral outcomes. In other words, deductive reasoning should be used with caution. Interpretation of the results should take into consideration the complexity of the experimental design, including the nature of the stimuli, the paradigm used and other method-induced variances.