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Marketing in the metaverse era: toward an integrative channel approach

The development pace of digital socialization has accelerated drastically in the past decade, especially with the COVID-19 pandemic. Through that continuing digital shift, the idea of the metaverse, a virtual parallel world that can digitally replicate people’s lives, is developing fast through Meta...

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Detalles Bibliográficos
Autor principal: Ramadan, Zahy
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer London 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10021049/
https://www.ncbi.nlm.nih.gov/pubmed/37360809
http://dx.doi.org/10.1007/s10055-023-00783-2
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author Ramadan, Zahy
author_facet Ramadan, Zahy
author_sort Ramadan, Zahy
collection PubMed
description The development pace of digital socialization has accelerated drastically in the past decade, especially with the COVID-19 pandemic. Through that continuing digital shift, the idea of the metaverse, a virtual parallel world that can digitally replicate people’s lives, is developing fast through Meta’s (previously known as Facebook) announcement in October 2021 that it will dedicate sizeable investments in it. While the metaverse provides immense opportunities to brands, the primary concern will be on how integrate it with current media and retail channels, whether they are offline or online. Accordingly, using an exploratory qualitative approach, this study examined the potential strategic channel-based marketing routes that companies would face in the presence of the metaverse. The findings show that the route to market will become much more complex given the metaverse’s own platform setup. Strategic multichannel and omnichannel routes are examined through a proposed framework that takes into consideration the expected evolution of the metaverse platform.
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spelling pubmed-100210492023-03-17 Marketing in the metaverse era: toward an integrative channel approach Ramadan, Zahy Virtual Real Original Article The development pace of digital socialization has accelerated drastically in the past decade, especially with the COVID-19 pandemic. Through that continuing digital shift, the idea of the metaverse, a virtual parallel world that can digitally replicate people’s lives, is developing fast through Meta’s (previously known as Facebook) announcement in October 2021 that it will dedicate sizeable investments in it. While the metaverse provides immense opportunities to brands, the primary concern will be on how integrate it with current media and retail channels, whether they are offline or online. Accordingly, using an exploratory qualitative approach, this study examined the potential strategic channel-based marketing routes that companies would face in the presence of the metaverse. The findings show that the route to market will become much more complex given the metaverse’s own platform setup. Strategic multichannel and omnichannel routes are examined through a proposed framework that takes into consideration the expected evolution of the metaverse platform. Springer London 2023-03-17 /pmc/articles/PMC10021049/ /pubmed/37360809 http://dx.doi.org/10.1007/s10055-023-00783-2 Text en © The Author(s), under exclusive licence to Springer-Verlag London Ltd., part of Springer Nature 2023, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Original Article
Ramadan, Zahy
Marketing in the metaverse era: toward an integrative channel approach
title Marketing in the metaverse era: toward an integrative channel approach
title_full Marketing in the metaverse era: toward an integrative channel approach
title_fullStr Marketing in the metaverse era: toward an integrative channel approach
title_full_unstemmed Marketing in the metaverse era: toward an integrative channel approach
title_short Marketing in the metaverse era: toward an integrative channel approach
title_sort marketing in the metaverse era: toward an integrative channel approach
topic Original Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10021049/
https://www.ncbi.nlm.nih.gov/pubmed/37360809
http://dx.doi.org/10.1007/s10055-023-00783-2
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