Data Fusion in Neuromarketing: Multimodal Analysis of Biosignals, Lifecycle Stages, Current Advances, Datasets, Trends, and Challenges

Abstract

The primary goal of any company is to increase its profits by improving both the quality of its products and how they are advertised. In this context, neuromarketing seeks to enhance the promotion of products and generate a greater acceptance on potential buyers. Traditionally, neuromarketing studies have relied on a single biosignal to obtain feedback from presented stimuli. However, thanks to new devices and technological advances studying this area of knowledge, recent trends indicate a shift towards the fusion of diverse biosignals. An example is the usage of electroencephalography for understanding the impact of an advertisement at the neural level and visual tracking to identify the stimuli that induce such impacts. This emerging pattern determines which biosignals to employ for achieving specific neuromarketing objectives. Furthermore, the fusion of data from multiple sources demands advanced processing methodologies. Despite these complexities, there is a lack of literature that adequately collates and organizes the various data sources and the applied processing techniques for the research objectives pursued. To address these challenges, the current paper conducts a comprehensive analysis of the objectives, biosignals, and data processing techniques employed in neuromarketing research. This study provides both the technical definition and a graphical distribution of the elements under revision. Additionally, it presents a categorization based on research objectives and provides an overview of the combinatory methodologies employed. After this, the paper examines primary public datasets designed for neuromarketing research together with others whose main purpose is not neuromarketing, but can be used for this matter. Ultimately, this work provides a historical perspective on the evolution of techniques across various phases over recent years and enumerates key lessons learned.

Keywords: data fusion, Neuromarketing, Biosignals, Life Cycle, Brain-Computer Interfaces, Biosensors