Metaverse marketing: How the metaverse will shape the future of consumer research and practice

Маркетинг метавселенной: как метавселенная сформирует будущее исследований и практики в области поведения потребителей
Yogesh K. Dwivedi, Amalesh Sharma, Laurie Hughes, Ramakrishnan Raman, Janarthanan Balakrishnan, Dimitrios Buhalis, Carlos Flavián, Neeraj Pandey, Samuel Ribeiro‐Navarrete, Jochen Wirtz, Ali Abdallah Alalwan, Russell W. Belk, Yichuan Wang, Raffaele Filieri, Varsha Jain, Anjala S. Krishen, Philipp A. Rauschnabel, Vincent Dutot, Reto Felix, Anders Gustafsson, Chris Hinsch, Μαριάννα Σιγάλα, Sun Joo Ahn, Janarthanan Balakrishnan, Sergio Barta, Svend Hollensen, Jooyoung Kim, Jared Offei Lartey, Cleopatra Veloutsou
2022-12-16

brand interactionsconsumer researchconsumer wellbeingdigital marketingmetaverse marketing
Abstract The initial hype and fanfare from the Meta Platforms view of how the metaverse could be brought to life has evolved into an ongoing discussion of not only the metaverse's impact on users and organizations but also the societal and cultural implications of widespread usage. The potential of consumer interaction with brands within the metaverse has engendered significant debate within the marketing‐focused discourse on the key challenges and transformative opportunities for marketers. Drawing on insights from expert contributors, this study examines the marketing implications of the hypothetical widespread adoption of the metaverse. We identify new research directions and propose a new framework offering valuable contributions for academia, practice, and policy makers. Our future research agenda culminates in a checklist for researchers which clarifies how the metaverse can be beneficial to digital marketing and advertising, branding, services, value creation, and consumer wellbeing.
1
It develops a future research agenda and checklist addressing metaverse contributions to digital marketing, advertising, branding, services, value creation, and consumer wellbeing.
2
It identifies significant challenges and transformative opportunities for brand–consumer interactions within the metaverse.
3
The paper proposes a framework to guide academic, managerial, and policy discussions about metaverse marketing.
4
The study examines marketing implications of hypothetical widespread metaverse adoption using insights from expert contributors.
5
The study highlights that metaverse adoption may have broader societal and cultural implications beyond its effects on users and organizations.

The metaverse as a consumer-facing digital environment for brand interaction

Marketing implications, challenges, transformative opportunities, and potential effects on consumer research and practice

Publication Details
Publication Date
2022-12-16
Journal
Publisher
ISSN
Cited by
892
Access Type
Author Information
Authors
Yogesh K. Dwivedi
Amalesh Sharma
Laurie Hughes
Ramakrishnan Raman
Janarthanan Balakrishnan
Dimitrios Buhalis
Carlos Flavián
Neeraj Pandey
Samuel Ribeiro‐Navarrete
Jochen Wirtz
Ali Abdallah Alalwan
Russell W. Belk
Yichuan Wang
Raffaele Filieri
Varsha Jain
Anjala S. Krishen
Philipp A. Rauschnabel
Vincent Dutot
Reto Felix
Anders Gustafsson
Chris Hinsch
Μαριάννα Σιγάλα
Sun Joo Ahn
Janarthanan Balakrishnan
Sergio Barta
Svend Hollensen
Jooyoung Kim
Jared Offei Lartey
Cleopatra Veloutsou
Explore further
Open the scid.ai AI chat with a ready-made request: it will find papers on a similar topic and help build a literature review.
Find similar papers in the chat
Make a presentation
100%