THE METAVERSE: A GAME-CHANGING OPPORTUNITY FOR MARKETING

Authors

  • Zvjezdana Krstić Faculty of Business Economics Bijeljina, University of East Sarajevo
  • Mirjana Maksimovic University of East Sarajevo, Faculty of Electrical Engineering

DOI:

https://doi.org/10.46541/978-86-7233-416-6_68

Keywords:

Metaverse, marketing, digital strategy, consumer experience

Abstract

The Metaverse, a completely new digital realm where people can interact with one another, take part in activities, and create unique virtual identities, is growing in popularity with consumers. Despite being at an early stage of implementation, the Metaverse is becoming increasingly popular due to its numerous benefits. This paper explores the potential of Metaverse Marketing as a brand-new method of engaging customers through immersive and interactive experiences. It draws attention to the distinctive features of the Metaverse and the possibilities it offers for building engaging and loyal customers. The challenges that companies might encounter when Marketing in the Metaverse as well as the importance of matching digital marketing strategies with user expectations are also the subject of this research. Without a doubt, the Metaverse offers significant opportunities for companies to broaden their marketing plans and find new audiences through the development of digital marketing strategies. The immersive and interactive experience that consumers can have in the Metaverse will have a significant impact on their engagement and loyalty.

Published

2024-02-29

How to Cite

Krstić, Z., & Maksimovic, M. (2024). THE METAVERSE: A GAME-CHANGING OPPORTUNITY FOR MARKETING. International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management, 533-540. https://doi.org/10.46541/978-86-7233-416-6_68