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Buyology: How Everything We Believe about Why We Buy Is Wrong
 
 
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Buyology: How Everything We Believe about Why We Buy Is Wrong [Paperback]

3.4 out of 5 stars  See all reviews (5 customer reviews)


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Product Details

  • Paperback: 256 pages
  • Publisher: Random House Business Books; Airport / Export ed edition
  • Language: English
  • ISBN-10: 1847940129
  • ISBN-13: 978-1847940124
  • Product Dimensions: 9.2 x 6 x 0.9 inches
  • Shipping Weight: 12 ounces
  • Average Customer Review: 3.4 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #1,683,640 in Books (See Top 100 in Books)

More About the Author

When he was a kid growing up in Denmark, Martin Lindstrom had but one thought in his life: Lego. He was, to put it simply, obsessed with Lego. He hand-built and slept on a Lego bed. He dressed in Lego's colors. He even turned the family garden into his very own Legoland creation, a miniature village complete with bonsai trees, scooped out canals, and dozens of houses and ships constructed entirely out of LEGO.

Then one bright summer's day in 1982, ambitious 11-year-old Martin Lindstrom opened Legoland's doors, optimistically anticipating hoards of visitors from near and far. Not a single person showed up.

Aware that something more than mere brilliant design was needed to attract visitors, young Martin suddenly had a flash of inspiration: he would advertise! He promptly persuaded the local newspaper to run an ad, and sure enough, the following week 131 people streamed through the garden gate. Including two lawyers from LEGO, who very politely informed Martin that if he persisted in using the name 'LEGOLAND' he would be guilty of trademark infringement. That's when he first realized the seductive power of marketing and advertising.

So Martin decided to open his own advertising agency, which he succeeded in doing a couple of months later, at the ripe age of 12. And thus, a lifelong relationship with marketing and brands was born.

After selling his agency in 1988, Lindstrom attended the Academy of Advertising before joining international giant, BBDO. In 1994 he went on to form the groups first interactive agency; BBDO Interactive, and three years later he founded BBDO Interactive Asia Pacific, both agencies growing to become the largest Internet solution companies in their respective regions. By the age of 30, Lindstrom had become one of the most respected names in the industry.

He has since spent 300 days on the road annually sharing his brand of wisdom and pioneering methodologies through speaking engagements and his role as trusted advisor to countless high profile companies, celebrities and royal families.

In 2009, amidst the rubble of the economic meltdown, Lindstrom opened a new chapter. Disheartened by much that he had seen on the front lines of the branding wars for the last two decades, he decided to turn the spotlight inward, and reveal all he'd learned along his journey from 11-year old Lego enthusiast to one of the globe's foremost marketing experts. His goal? By exposing the best kept tricks and secrets of the marketing world, and opening our eyes to all the ways in which we, as consumers, are being manipulated and deceived, he would help each one learn to resist the siren song of advertising and make smarter, more informed decisions about how we spend our money. The goal is to prepare brands for a more transperent and honest appraoch where secrets no longer will be possible and thus transperancy is needed. Brandwashed is the culmination of this ambitious undertaking.

Lindstrom has been featured and continues to be featured in the Wall Street Journal, Newsweek, The Economist, New York Times, BusinessWeek, The Washington Post, USAToday, Forbes and Harvard Business Review. He also frequently appears on NBC's TODAY show, ABC News, CNN Money, CBS, Bloomberg, FOX & Friends, Discovery Channel and the BBC. Lindstrom also pens a weekly column for Fast Company and TIME Magazine and appears regularly America's #1 ranking morning TV show, The TODAY Show, as an expert on consumer awareness and advocacy. In 2011 Lindstrom appeared in the Morgan Spurlock (Supersize Me0 documentary: The Greatest Movie Ever Sold.

His latest book, Brandwashed (Crown) is based on a 3-month long, $3 million guerilla marketing experiment, exploring the most powerful hidden persuader of them all. Us!

Buyology (paperback released February 2010 by Crown Publishing), was voted "pick of the year" by USA Today, and, between 2008 and 2009, reached ten of the top 10 bestseller lists in the U.S. and worldwide. His 6 books have been translated into more than 40 languages and published in more than 60 countries globally.

In 2009, TIME Magazine, named Lindstrom one of the World's 100 Most Influential People for his groundbreaking work on neuroscience and branding.

Visit MartinLindstrom.com to learn more.

 

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16 of 18 people found the following review helpful:
1.0 out of 5 stars Why I don't Buy Buyology., April 20, 2009
By 
Stephen Byrne (Sydney NSW Australia) - See all my reviews
(REAL NAME)   
This review is from: Buyology: How Everything We Believe about Why We Buy Is Wrong (Paperback)
Sydney-based author Martin Lindstrom's Buy-ology might have made a brief appearance on the New York Times bestseller list in November buoyed by some good reviews, but by my standards and those professional marketers, strategists and critics of neuroscience around the world, its a mishmash of spectacularly insubstantial claims drawn from a single set of research experiments backed by cribbed online references and enthusiastic, anecdotal and sometimes annoying marketing evangelism. ''

The whole premise of Buy-ology is that brand and purchase decisions are not made on any rational basis but by stimulation to certain sections of the brain. Lindstrom's neuromarketing experiments use two types of brain-scan technology - functional magnetic resonance imaging (fMRI) and SST, an advanced form of electroencephalography (EEG) - to test how various marketing stimuli can affect the subconscious. While the book quotes a number of well known research studies and runs to over two hundred pages, less than a quarter is actually devoted to detailing and recording the results of its four experiments, its the entire basis for his argument.

So here's the four earth shattering results Lindstrom claims may set off "the biggest branding revolution in 50 years". It will save you buying this book.

The first experiment, using SST-ECG measured the impact of product placement in television programming and finds that " we have no memory of the brands that don't play an integral part of the storyline of a program". The second, using fMRI on cigarette smokers, tested the effects of "overt, direct and visually stimulating images" and its relationship with subliminal advertising, finding that its iconography and images themselves not logos that actually stimulate purchase behaviour. The third experiment using fMRI tested whether "sports, and sports heroes activate the same areas of the brand as religions did" showed "the emotions we experience when we are exposed to strong brands" is similar if not "almost identical" to the emotions generated by religious symbols. Finally, his fourth experiment, using fMRI on an unknown number of subjects (Lindstrom forgets to tell us how many participated in half these experiements) was designed to "determine whether a signature sound - like the Nokia ring tone - makes a brand more less attractive". The shocking result: most brands do well when "sound and vision are combined in a congruent way". Unless you're Nokia because after a decade or so of use, its ringtone now has a strong aural disassociation. Lindstrom found this result so disturbing he had to give the company a call and tell them!

Lindstrom claims all these "controversial" and "spectacular" findings come from a three-year, $7 million experiment testing 2081 volunteers in the US and Europe (he says they were also from Japan and China but I can't find these in the results). Buy-ology doesn't substantiate either the costs or the length of the study period. For example, the commercial cost of fMRI can be around US$525 per hour with standard scans taking around an hour. New fMRI scanners cost anywhere between US$1m and $2.3m and portable scanners around US$2m, so perhaps he had to buy a scanner or two but I seriously doubt this. The point is that he only conducted three fMRI experiments on at least 65 people. Also the standard cost of an ECG scan in the US can range from U$100 to more than $500, depending on the purpose and type of test i.e., asleep or awake, invasive vs non-invasive electrode implantation. Lindstrom's was non-invasive and his 400 subjects were awake. You do the math.

Untested is Lindstrom's discussion of mirror neurons, behavioural priming and somatic markers, which he tries to draw a line from his own experiments via some scholarly studies he found online. But Lindstrom's experiments do attract an even bigger question about neuroscience and marketing - whether this kind of research is actually a useful predictor of behaviour. Lindstrom might be fairly certain of this science but most critics of the use of such limited research insist it's too early in the field of neuromarketing to draw these kinds of absolute conclusions. According to Sheffield University School of Psychology Professor Lawrence Parsons, "we don't really know what we are seeing when we watch the brain work. Is it the thing itself - the thought, the flash of insight - or just an aspect of it, the bark rather than the dog?"

It's clear to me Lindstrom's claims require substantial research to draw any probable link between the outcomes of these experiments and predictors of future purchase behaviour. Right now his results just show a degree of correlation between stimulation and behaviour, they don't prove a single basis of causation.

Last year I read a New Yorker article on the roots of psychopathy, describing how researchers have being using a portable fMRI scanner to scan the brains of US prison inmates to uncover the basis of psychopathy. It suggests that if a "biological basis for psychopathy could be established" then pharmacological treatments could be developed. Might not similar treatments be developed for behaviours such as impulse buying and mall rage? These experiments have been conducted for years and have drawn the kinds of accusations which put them in the same category as nineteenth century phrenology. Yet, unlike Lindstrom, none of these researchers dare draw any final conclusions. The field, like neuromarketing is so new, researchers believe they will need more to spend the next ten years and maybe another 10000 scans linked to prisoner DNA, biographical data and case histories before anyone thinks the data makes sense.

In one interview last year Lindstrom said, "If I wrote a serious, heavy book, no consumers would read it" and a trawl through Amazon reader reviews on Buy-ology will confirm that. A Some advertising agency planners might like this book and a few business and industry people might be gobsmacked, but you won't read anything here you don't already know already or can't find online. But if you like this kind of marketing sooth saying the globetrotting Lindstrom will be in New York and San Francisco in March presenting his exclusive Buy-ology symposiums, digging "wider and deeper than it was possible in the book alone, into the research findings and their implications for marketers and advertisers". I can't wait.

[...]
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1.0 out of 5 stars Disappointing self-adulation, May 9, 2011
This review is from: Buyology: How Everything We Believe about Why We Buy Is Wrong (Paperback)
This is mostly hot air. The authors effectively report on doing brain scans to see how people react to a number of shopping-related stimuli. Just look at the title: doing a couple of controlled experiments does not constitute a new science, and the findings are indirect and interpretative to boot. Sure, scanning gets around the problem that people often do not report or even know what they really like. That's about it, however. In addition to this hard to bear self-adulation, the parts of the book that lay out general background information are neither especially observant nor entertainingly written.
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5.0 out of 5 stars Best marketing book I've read lately!, August 8, 2010
By 
Nancy Chou (Sunnyvale, CA) - See all my reviews
(REAL NAME)   
This review is from: Buyology: How Everything We Believe about Why We Buy Is Wrong (Paperback)
Besides the illuminating advertising/branding/neuromarketing stories Lindstrom shared e.g., Why Ford's American Idol campaign failed, why Nokia's ringtone proved to be annoying, etc., this book triggered an "aha, this is how I can become an even better, more effective and inspiring leader" moment when I read about how the Sydney Harbour Bridge Climb team trained its guides to keep them motivated. Thank you, Martin Lindstrom from writing this entertaining, insightful and inspiring book!
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