750 Billion Dollars in Marketing Spend Is Being Wasted Every Year

Pranav breaks down why the way we've always tested products and campaigns is fundamentally broken, how 90% of all decision-making happens in the subconscious, and why asking people what they think is almost completely useless. Neuro Insight's brain-mapping technology cuts through the noise, accessing the hidden drivers of human behaviour that people can't even articulate themselves. They also get into why marketing didn't just break on its own - culture broke first - and what it's going to take to fix it, from rediscovering the lost craft of storytelling to building the kind of CMO courage that puts real money behind real conviction. Watch the video version of this podcast on Youtube ▶️: https://youtu.be/BLXF2kAqoWc 🖊️Mentioned in the show: AI Marathon Scratch is a production of Rival, a marketing innovation consultancy that develops strategies and capabilities that help businesses grow faster. Scratch is hosted by Viren Samani, and he’s joined by Pranav Yadev of Neuro Insight in this episode.  Find Rival online at www.wearerival.com, LinkedIn Find Viren on LinkedIn  Find Yadev on Linkedin Say hi at media@wearerival.com, we’d love to hear from you. Rival is a marketing consultancy for brands that want to challenge convention in their category. We’re on a mission to understand what challenger brands do differently to grow in categories that are being disrupted, and use a challenger playbook to deliver outsized impact through an integrated, tech-enabled approach. Past guests include CMOs from Mastercard, GE, Shell, Hyperloop, Adobe, PepsiCo, and Papa Johns.If you’re interested in learning more about marketing from successful CMOs, we compiled a list of the top 5 CMO podcasts to listen to in 2024; check it out here 🔗  https://www.wearerival.com/content-hub-articles/cmo-podcasts-you-cannot-afford-to-miss-in-2024