Traditional Marketing Research can shed light on important information
about your consumers such as ‘who’ they are, ‘what’ they buy, ‘where’
and ‘when’ they buy. However, it falls seriously short when consumers
are asked to elaborate on the most important question of ‘WHY’ –
why do consumers behave the way they do?
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Consumers are often not consciously aware of the reasons for their
own behavior! Behavioral Economics, with the use of its actionable
frameworks and theories, uncovers the ‘why’ and identifies the underlying
motivations behind consumers’ behavior.With Behavioral economics
in your arsenal, you can ask your consumers the right questions,
get less-biased responses and consequently draw out the non-conscious,
contextual and hidden drivers of their behavior.
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Tailor, position and communicate product offerings to match the underlying motivations of your consumers thereby increasing persuasion!
THE TIME HAS COME FOR YOUR COMPANY TO OPEN ITS DOORS TO THE POWERFUL
SOLUTIONS OFFERED BY BEHAVIORAL ECONOMICS
Your typical consumer is not all that ‘rational’ when it comes to making choices!
Consumer decision-making is heavily influenced by mental shortcuts
(i.e., heuristics) and the so-called biases that govern the human psychology.
BE THE EARLY MOVER IN YOUR INDUSTRY
Learn how to leverage the ‘consumer psychology’ to develop activation
solutions grounded in Behavioral Economics. Design effective interventions
revolving around effective product positioning, communications, advertising,
segmentation, pricing and other business-related aspects.
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Learn how to leverage the ‘consumer psychology’ to develop activation solutions grounded in Behavioral Economics.
Having spent 7+ years in the field of Behavioral Science/Economics, Dr. Sunaina
Shrivastava is a specialist in terms of Consumer-Behavior and Judgment
& Decision Making. She is the Chief Behavioral Advisor at Mind
Genomics and also serves as a Visiting Assistant Professor of Marketing
at The Lally School of Management at Renssalear Polytechnic Institute
(RPI) in New York. Prior to this, she worked as a Behavioral Scientist
with the Ipsos Behavioral Science Center at Ipsos (leading market
research consulting firm). Dr. Shrivastava is an expert in leveraging
and applying Behavioral science/Economics frameworks to aptly address
business challenges in the realm of consumer behavior. She has worked
on numerous client projects across a variety of industries including
consumer packaged goods, banking, and, insurance to name a few. She
is well versed with the use of psycho-physical methodologies such
as eye-tracking, facial expression analysis etc to gain essential
consumer insights.
Dr. Shrivastava’s work has been published in leading academic journals
including Judgment and Decision Making (JDM). Several of her other
works are under review at prestigious marketing journals. She regularly
presents her work at conferences including Association of Consumer
Research, Society of Consumer Psychology and Society for Judgment
Decision-making.
Dr. Shrivastava holds a Ph.D. in Marketing and Consumer-Behavior
from The Tippie College of Business at The University of Iowa. She
also holds a Bachelor’s degree in Electronics & Communication
Engineering and an MBA degree in Marketing and Supply Chain Management.
Dr. Rotondo, a veterinarian, speaker, consultant and entrepreneur,
is recognized as an expert in the dynamics of successful practices
and businesses. He specializes in effective client communication,
user experience engineering, and consumer insights. He has owned
and operated 5 veterinary hospitals in New York, is a Past President
of the NY State Veterinary Medical Society and has served on numerous
boards within the veterinary profession. He most recently served
on the AVMA/AAVMC, Veterinary Futures Commission.
Ken presents annually at the Wharton Business School and other universities.
He has presented to such diverse audiences as The Automotive
Thought Leadership Summit, IBM World of Watson Conference, HIMSS
Conference, VMX and IBM THNK Conference.
Dr Rotondo holds a DVM degree from Cornell University and an MBA
from Rensselaer Polytechnic Institute.
He resides in historic Saratoga Springs, NY with his wife Jill and
their dog Lucy
Taarini helps with the implementation and execution of the research studies keeping in line with the science of Mind Genomics. With her background in behavioral research she is able to ensure smooth functioning of the research studies conducted by the team. Taarini holds a Masters in Behavioral and Decision Sciences from the University of Pennsylvania and a bachelors degree in Psychology.