Solenis, a leading global producer of specialty chemicals, will increase prices up to 10 percent on polyacrylamides across Europe, Middle East and Africa, effective Oct 1, 2019. These increases are due to continuing shortages in key raw materials required to produce polyacrylamides, force majeure situations and unexpected maintenance shutdowns have resulted in significant cost increases over the last months. To ensure uninterrupted supply to all our customers, Solenis has been forced to purchase key raw materials at a significantly higher cost on a spot basis as well as increase the inventory for monomers and finished goods.
How can neuromarketing – using combinations of biometric measuring techniques to analyse consumer reactions – be a tool that makes packaging development more efficient? The answers will be supplied by Iggesund Paperboard and Tobii Pro, a global leader in the field of eye tracking, in exclusive seminars targeted at both companies’ customers.
“With eye tracking you can measure customers’ visual attention to and experience with your packaging design, you can test before production to ensure you get the wanted result and catch the consumer’s eye in the store. The majority of shoppers’ decisions are made in store therefore capturing the shopper’s attention and interest through effective packaging formats is key in a competitive market landscape,” explains Ali Farokhian, who heads up the research consultancy team Tobii Pro Insight at Tobii. “Getting it wrong can be quite expensive – both in the form of direct costs when you have to redo designs and material and of course in the form of lost revenues.”
Iggesund Paperboard is the maker of the high-quality paperboards Invercote and Incada, the two strongest brands on the European paperboard market. Tobii Pro is a division of Tobii Group and began by developing eye tracking hardware for research in 2001 and then grew into supplying a range of tools from hardware – desktop and wearable-, software and cloud, to the research consultancy Tobii Pro Insight, which is Iggesund’s project partner. They focus on studying visual attention to help businesses understand human behaviour in situations such as how consumers perceive packaging.
“Consumers often function on autopilot, so the key issue is how to arrive at a design that captures attention and interest in a relevant way, persuading the consumer to dare to try something new. In the hunt for the optimal solution, we are offering a powerful tool,” Ali continues.
Iggesund not only supplies paperboard but also works actively to convey knowledge about how to get the most out of it. This joint project is one step in spreading knowledge about packaging and packaging materials.
“We want to make our customers aware of the possibilities that are available to them at an early stage so they can evaluate various design alternatives,” says Jonas Adler, Director Business Development at Iggesund Paperboard.
Combining measurements of visual impressions with sensory measurements of packaging’s haptics – how it is experienced when it is held by someone – is ingenious. The psychological concept called “the endowment effect” – that we have difficulty getting rid of things we own – can also be applied to something we are holding in our hand. The more pleasant that experience is, the longer we want to keep on holding it.
more at: http://www.ins-news.com/en/100/882/2582/Neuromarketing-leads-to-better-packaging-design.htm