Vol. 14 No. 4 (2024): Vol 14, Iss 4, Year 2024
Articles

A study on Rewriting and Redefining the Aspects of Marketing with Metaverse - A Brief Insight

K. Sathish
Assistant Professor, Department of Master of Business Administration, CMR Institute of Technology, Medchal, India.
Mallaram Arun
Department of Master of Business Administration, CMR Institute of Technology, Medchal, India.

Published 2024-06-29

Keywords

  • Metaverse Marketing, Immersive Consumer Experiences, Virtual Reality, Digital Identity.

Abstract

The emergence of the metaverse represents a transformative shift in digital interaction, presenting unprecedented opportunities for the marketing landscape. This study explores the potential of the metaverse to redefine and reshape traditional marketing paradigms. By examining the convergence of augmented reality (AR), virtual reality (VR), and blockchain technologies, we analyze how immersive, interactive environments can create unique consumer experiences, foster deeper brand engagement, and enable innovative marketing strategies. Through a review of current literature, case studies, and expert interviews, we identify key trends, challenges, and future prospects in metaverse marketing. The findings suggest that successful integration of marketing within the metaverse requires a nuanced understanding of virtual economies, digital identity, and user behavior. This study provides a comprehensive insight into how marketers can leverage the metaverse to enhance brand visibility, consumer loyalty, and market reach, ultimately suggesting that the metaverse will play a pivotal role in the future of marketing.

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