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Metaverse marketing: How the metaverse will shape the future of consumer research and practice
Psychology and Marketing, Volume: 40, Issue: 4
Swansea University Authors:
Yogesh Dwivedi , Laurie Hughes
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© 2022 The Authors. This is an open access article under the terms of the Creative Commons Attribution‐NonCommercial License
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DOI (Published version): 10.1002/mar.21767
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 cons...
Published in: | Psychology and Marketing |
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ISSN: | 0742-6046 1520-6793 |
Published: |
Wiley
2022
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Online Access: |
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URI: | https://cronfa.swan.ac.uk/Record/cronfa62005 |
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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. |
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Keywords: |
augmented reality, avatars, consumer behaviour, extended reality, marketing, Metaverse,second life, virtual reality, virtual world |
College: |
Faculty of Humanities and Social Sciences |
Issue: |
4 |