Research Article
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Year 2023, Volume: 3 Issue: 1, 9 - 18, 30.06.2023
https://doi.org/10.57019/jmv.1148015

Abstract

Supporting Institution

Yok

References

  • Sawicki, A. (2016). Digital marketing. World Scientific News, (48), 82-88.
  • Veleva, S. S., & Tsvetanova, A. I. (2020, September). Characteristics of the digital marketing advantages and disadvantages. In IOP Conference Series: Materials Science and Engineering (Vol. 940, No. 1, p. 012065). IOP Publishing.
  • Calvano, E., & Polo, M. (2021). Market power, competition and innovation in digital markets: A survey. Information Economics and Policy, 54, 100853.
  • Joy, A., Zhu, Y., Peña, C., & Brouard, M. (2022). Digital future of luxury brands: Metaverse, digital fashion, and non‐fungible tokens. Strategic Change, 31(3), 337-343.
  • Nalbant, K. G., & Uyanik, Ş. (2022). A Look At The New Humanity: Metaverse and Metahuman. International Journal of Computers, 7, 7-13.
  • Fernandez, P. (2022). Facebook, Meta, the metaverse and libraries. Library Hi Tech News.
  • Dirican, C. (2015). The Effetcs of Technological Development and Artificial Intelligence Studies on Marketing. Journal of Management Marketing and Logistics, 2(3).
  • Keleş, A., Keleş, A., & Akçetin, E. (2017). Pazarlama Alaninda Yapay Zekâ Kullanim Potansiyeli Ve Akilli Karar Destek Sistemleri. Electronic Turkish Studies, 12(11).
  • Dimitrieska, S., Stankovska, A., & Efremova, T. (2018). Artificial intelligence and marketing. Entrepreneurship, 6(2), 298-304.
  • Bayuk, M. N., & Demir, B. N. (2019). Endüstri 4.0 Kapsaminda Yapay Zekâ ve Pazarlamanin Geleceği. International Journal Of Social, Humanities And Administrative Sciences, 5(19), 781-799.
  • Davenport, T., Guha, A., Grewal, D., & Bressgott, T. (2020). How artificial intelligence will change the future of marketing. Journal of the Academy of Marketing Science, 48(1), 24-42.
  • Arsenijevic, U., & Jovic, M. (2019). Artificial intelligence marketing: chatbots. In 2019 international conference on artificial intelligence: applications and innovations (IC-AIAI) (pp. 19-193). IEEE.
  • Jarek, K., & Mazurek, G. (2019). Marketing and Artificial Intelligence. Central European Business Review, 8(2).
  • De Bruyn, A., Viswanathan, V., Beh, Y. S., Brock, J. K. U., & von Wangenheim, F. (2020). Artificial intelligence and marketing: Pitfalls and opportunities. Journal of Interactive Marketing, 51, 91-105.
  • Yeğin, T. (2020). The place and future of artificial intelligence in marketing strategies. Ekev Akademi Dergisi, 24(81), 489-506.
  • Ergen, F. D. (2021). Artificial Intelligence Applications for Event Management and Marketing. In Impact of ICTs on Event Management and Marketing (pp. 199-215). IGI Global.
  • Vlačić, B., Corbo, L., e Silva, S. C., & Dabić, M. (2021). The evolving role of artificial intelligence in marketing: A review and research agenda. Journal of Business Research, 128, 187-203.
  • Verma, S., Sharma, R., Deb, S., & Maitra, D. (2021). Artificial intelligence in marketing: Systematic review and future research direction. International Journal of Information Management Data Insights, 1(1), 100002.
  • Huang, M. H., & Rust, R. T. (2021). A strategic framework for artificial intelligence in marketing. Journal of the Academy of Marketing Science, 49(1), 30-50.
  • Kang, H. R. (2022). A Case Study on Metaverse Marketing of Jewelry Brand. Journal of Digital Convergence, 20(1), 285-291.
  • Huynh-The, T., Pham, Q. V., Pham, X. Q., Nguyen, T. T., Han, Z., & Kim, D. S. (2022). Artificial Intelligence for the Metaverse: A Survey. arXiv preprint arXiv:2202.10336.
  • Wikipedia, “Metaverse.” [Online]. Available: https://en.wikipedia.org/wiki/Metaverse.
  • Mystakidis, S. (2022). Metaverse. Encyclopedia, 2(1), 486-497.
  • Park, S. M., & Kim, Y. G. (2022). A Metaverse: Taxonomy, components, applications, and open challenges. Ieee Access, 10, 4209-4251.
  • Hollensen, S., Kotler, P., & Opresnik, M. O. (2022). Metaverse–the new marketing universe. Journal of Business Strategy.
  • Monica, P. D., & Darma, G. S. (2022). Digital Marketing Strategy for Balinese Handicrafts Facing the Metaverse Era. CHANNEL: Jurnal Komunikasi, 10(1), 73-84.
  • Akyeşilmen, N. (2021). Editorial Opinion. Cyberpolitik Journal, 6(12), vi-xii.
  • Bushell, C. (2022). The Impact of Metaverse on Branding and Marketing. Available at SSRN 4144628.
  • Ning, H., Wang, H., Lin, Y., Wang, W., Dhelim, S., Farha, F., ... & Daneshmand, M. (2021). A Survey on Metaverse: the State-of-the-art, Technologies, Applications, and Challenges. arXiv preprint arXiv:2111.09673.
  • Far, S. B., & Rad, A. I. (2022). Applying Digital Twins in Metaverse: User Interface, Security and Privacy Challenges. Journal of Metaverse, 2(1), 8-16.
  • Ludlow, P., & Wallace, M. (2007). The Second Life Herald: The virtual tabloid that witnessed the dawn of the metaverse. MIT press.
  • Dwivedi, Y. K., Hughes, L., Baabdullah, A. M., Ribeiro-Navarrete, S., Giannakis, M., Al-Debei, M. M., ... & Wamba, S. F. (2022). Metaverse beyond the hype: Multidisciplinary perspectives on emerging challenges, opportunities, and agenda for research, practice and policy. International Journal of Information Management, 66, 102542.
  • Zhang, Z., Ning, H., Shi, F., Farha, F., Xu, Y., Xu, J., ... & Choo, K. K. R. (2021). Artificial intelligence in cyber security: research advances, challenges, and opportunities. Artificial Intelligence Review, 1-25.
  • Nalbant, K. G. (2021). The Applications And Position Of Artificial Intelligence In Health And Medicine: A Short Review 49-54. Retrieved from http://jms.eleyon.org/index.php/jms/article/view/508.
  • Thiraviyam, T. (2018). Artificial intelligence marketing.
  • Boddu, R. S. K., Santoki, A. A., Khurana, S., Koli, P. V., Rai, R., & Agrawal, A. (2022). An analysis to understand the role of machine learning, robotics and artificial intelligence in digital marketing. Materials Today: Proceedings, 56, 2288-2292.
  • Rabby, F., Chimhundu, R., & Hassan, R. (2021, November). Endurance of digital marketing with artificial intelligence. In ANZMAC Conference 2021: Proceedings (pp. 296-299). University of Melbourne.
  • Rauschnabel, P. A., Babin, B. J., tom Dieck, M. C., Krey, N., & Jung, T. (2022). What is augmented reality marketing? Its definition, complexity, and future. Journal of Business Research, 142, 1140-1150.
  • Burke, R. R. (2018). Virtual reality for marketing research. In Innovative research methodologies in management (pp. 63-82). Palgrave Macmillan, Cham.
  • Brigham, T. J. (2017). Reality check: basics of augmented, virtual, and mixed reality. Medical reference services quarterly, 36(2), 171-178.
  • Nalbant, K. G. (2021). The importance of artificial intelligence in education: a short review. Journal of Review in science and engineering, 2021, 1-15.
  • Sivasankar, G. A. (2022). Study Of Blockchain Technology, AI and Digital Networking in Metaverse.
  • Yang, Q., Zhao, Y., Huang, H., Xiong, Z., Kang, J., & Zheng, Z. (2022). Fusing blockchain and AI with metaverse: A survey. IEEE Open Journal of the Computer Society.
  • Wang, Q., Li, R., Wang, Q., & Chen, S. (2021). Non-fungible token (NFT): Overview, evaluation, opportunities and challenges. arXiv preprint arXiv:2105.07447.
  • Nalbant, K. G., & Uyanik, Ş. (2021). Computer vision in the metaverse. Journal of Metaverse, 1(1), 9-12.
  • Kerdvibulvech, C. (2022). Exploring the Impacts of COVID-19 on Digital and Metaverse Games. In International Conference on Human-Computer Interaction (pp. 561-565). Springer, Cham.
  • Binson, B. (2021). Metaverse and crypto art during the COVID-19 pandemic. Journal of Urban Culture Research, 23, 1-2.
  • Zaman, U., Koo, I., Abbasi, S., Raza, S. H., & Qureshi, M. G. (2022). Meet Your Digital Twin in Space? Profiling International Expat’s Readiness for Metaverse Space Travel, Tech-Savviness, COVID-19 Travel Anxiety, and Travel Fear of Missing Out. Sustainability, 14(11), 6441.

Development and Transformation in Digital Marketing and Branding with Artificial Intelligence and Digital Technologies Dynamics in the Metaverse Universe

Year 2023, Volume: 3 Issue: 1, 9 - 18, 30.06.2023
https://doi.org/10.57019/jmv.1148015

Abstract

The Metaverse will have a variety of effects on marketing. Businesses need to maintain their identities in the Metaverse realm. Generation Z and Generation alpha will have an easier time adjusting to virtual realms. The augmented reality environment allows buyers to interact with products without leaving the comfort of their own homes. Realization of in-store experiences is possible in the universe of the Metaverse. In addition, there will be an increase in the number of options for branding in the Metaverse. Virtual billboards and the virtual clothing consumers choose to wear will also influence brand awareness. Additionally, Non-Fungible Tokens (NFTs) will be used to produce branded virtual content for end users.
Examining the influence that technologies powered by artificial intelligence have had on digital marketing and branding will be the primary focus of this research project. In addition, research will be conducted into the applications of the Metaverse, artificial intelligence, and other digital technologies in the marketing field and studies about these subject areas. The research investigated several digital technologies, including the Metaverse, artificial intelligence, blockchain, virtual reality, and augmented reality. It is of the utmost importance for businesses to be able to compete in digital and virtual environments within the context of digital transformation to thrive in an increasingly competitive world. Companies need to invest in the Metaverse, artificial intelligence, and various other forms of digital technology to expand their marketing awareness in virtual environments, expand their customer portfolios, and become brands to take the lead in their respective markets.

References

  • Sawicki, A. (2016). Digital marketing. World Scientific News, (48), 82-88.
  • Veleva, S. S., & Tsvetanova, A. I. (2020, September). Characteristics of the digital marketing advantages and disadvantages. In IOP Conference Series: Materials Science and Engineering (Vol. 940, No. 1, p. 012065). IOP Publishing.
  • Calvano, E., & Polo, M. (2021). Market power, competition and innovation in digital markets: A survey. Information Economics and Policy, 54, 100853.
  • Joy, A., Zhu, Y., Peña, C., & Brouard, M. (2022). Digital future of luxury brands: Metaverse, digital fashion, and non‐fungible tokens. Strategic Change, 31(3), 337-343.
  • Nalbant, K. G., & Uyanik, Ş. (2022). A Look At The New Humanity: Metaverse and Metahuman. International Journal of Computers, 7, 7-13.
  • Fernandez, P. (2022). Facebook, Meta, the metaverse and libraries. Library Hi Tech News.
  • Dirican, C. (2015). The Effetcs of Technological Development and Artificial Intelligence Studies on Marketing. Journal of Management Marketing and Logistics, 2(3).
  • Keleş, A., Keleş, A., & Akçetin, E. (2017). Pazarlama Alaninda Yapay Zekâ Kullanim Potansiyeli Ve Akilli Karar Destek Sistemleri. Electronic Turkish Studies, 12(11).
  • Dimitrieska, S., Stankovska, A., & Efremova, T. (2018). Artificial intelligence and marketing. Entrepreneurship, 6(2), 298-304.
  • Bayuk, M. N., & Demir, B. N. (2019). Endüstri 4.0 Kapsaminda Yapay Zekâ ve Pazarlamanin Geleceği. International Journal Of Social, Humanities And Administrative Sciences, 5(19), 781-799.
  • Davenport, T., Guha, A., Grewal, D., & Bressgott, T. (2020). How artificial intelligence will change the future of marketing. Journal of the Academy of Marketing Science, 48(1), 24-42.
  • Arsenijevic, U., & Jovic, M. (2019). Artificial intelligence marketing: chatbots. In 2019 international conference on artificial intelligence: applications and innovations (IC-AIAI) (pp. 19-193). IEEE.
  • Jarek, K., & Mazurek, G. (2019). Marketing and Artificial Intelligence. Central European Business Review, 8(2).
  • De Bruyn, A., Viswanathan, V., Beh, Y. S., Brock, J. K. U., & von Wangenheim, F. (2020). Artificial intelligence and marketing: Pitfalls and opportunities. Journal of Interactive Marketing, 51, 91-105.
  • Yeğin, T. (2020). The place and future of artificial intelligence in marketing strategies. Ekev Akademi Dergisi, 24(81), 489-506.
  • Ergen, F. D. (2021). Artificial Intelligence Applications for Event Management and Marketing. In Impact of ICTs on Event Management and Marketing (pp. 199-215). IGI Global.
  • Vlačić, B., Corbo, L., e Silva, S. C., & Dabić, M. (2021). The evolving role of artificial intelligence in marketing: A review and research agenda. Journal of Business Research, 128, 187-203.
  • Verma, S., Sharma, R., Deb, S., & Maitra, D. (2021). Artificial intelligence in marketing: Systematic review and future research direction. International Journal of Information Management Data Insights, 1(1), 100002.
  • Huang, M. H., & Rust, R. T. (2021). A strategic framework for artificial intelligence in marketing. Journal of the Academy of Marketing Science, 49(1), 30-50.
  • Kang, H. R. (2022). A Case Study on Metaverse Marketing of Jewelry Brand. Journal of Digital Convergence, 20(1), 285-291.
  • Huynh-The, T., Pham, Q. V., Pham, X. Q., Nguyen, T. T., Han, Z., & Kim, D. S. (2022). Artificial Intelligence for the Metaverse: A Survey. arXiv preprint arXiv:2202.10336.
  • Wikipedia, “Metaverse.” [Online]. Available: https://en.wikipedia.org/wiki/Metaverse.
  • Mystakidis, S. (2022). Metaverse. Encyclopedia, 2(1), 486-497.
  • Park, S. M., & Kim, Y. G. (2022). A Metaverse: Taxonomy, components, applications, and open challenges. Ieee Access, 10, 4209-4251.
  • Hollensen, S., Kotler, P., & Opresnik, M. O. (2022). Metaverse–the new marketing universe. Journal of Business Strategy.
  • Monica, P. D., & Darma, G. S. (2022). Digital Marketing Strategy for Balinese Handicrafts Facing the Metaverse Era. CHANNEL: Jurnal Komunikasi, 10(1), 73-84.
  • Akyeşilmen, N. (2021). Editorial Opinion. Cyberpolitik Journal, 6(12), vi-xii.
  • Bushell, C. (2022). The Impact of Metaverse on Branding and Marketing. Available at SSRN 4144628.
  • Ning, H., Wang, H., Lin, Y., Wang, W., Dhelim, S., Farha, F., ... & Daneshmand, M. (2021). A Survey on Metaverse: the State-of-the-art, Technologies, Applications, and Challenges. arXiv preprint arXiv:2111.09673.
  • Far, S. B., & Rad, A. I. (2022). Applying Digital Twins in Metaverse: User Interface, Security and Privacy Challenges. Journal of Metaverse, 2(1), 8-16.
  • Ludlow, P., & Wallace, M. (2007). The Second Life Herald: The virtual tabloid that witnessed the dawn of the metaverse. MIT press.
  • Dwivedi, Y. K., Hughes, L., Baabdullah, A. M., Ribeiro-Navarrete, S., Giannakis, M., Al-Debei, M. M., ... & Wamba, S. F. (2022). Metaverse beyond the hype: Multidisciplinary perspectives on emerging challenges, opportunities, and agenda for research, practice and policy. International Journal of Information Management, 66, 102542.
  • Zhang, Z., Ning, H., Shi, F., Farha, F., Xu, Y., Xu, J., ... & Choo, K. K. R. (2021). Artificial intelligence in cyber security: research advances, challenges, and opportunities. Artificial Intelligence Review, 1-25.
  • Nalbant, K. G. (2021). The Applications And Position Of Artificial Intelligence In Health And Medicine: A Short Review 49-54. Retrieved from http://jms.eleyon.org/index.php/jms/article/view/508.
  • Thiraviyam, T. (2018). Artificial intelligence marketing.
  • Boddu, R. S. K., Santoki, A. A., Khurana, S., Koli, P. V., Rai, R., & Agrawal, A. (2022). An analysis to understand the role of machine learning, robotics and artificial intelligence in digital marketing. Materials Today: Proceedings, 56, 2288-2292.
  • Rabby, F., Chimhundu, R., & Hassan, R. (2021, November). Endurance of digital marketing with artificial intelligence. In ANZMAC Conference 2021: Proceedings (pp. 296-299). University of Melbourne.
  • Rauschnabel, P. A., Babin, B. J., tom Dieck, M. C., Krey, N., & Jung, T. (2022). What is augmented reality marketing? Its definition, complexity, and future. Journal of Business Research, 142, 1140-1150.
  • Burke, R. R. (2018). Virtual reality for marketing research. In Innovative research methodologies in management (pp. 63-82). Palgrave Macmillan, Cham.
  • Brigham, T. J. (2017). Reality check: basics of augmented, virtual, and mixed reality. Medical reference services quarterly, 36(2), 171-178.
  • Nalbant, K. G. (2021). The importance of artificial intelligence in education: a short review. Journal of Review in science and engineering, 2021, 1-15.
  • Sivasankar, G. A. (2022). Study Of Blockchain Technology, AI and Digital Networking in Metaverse.
  • Yang, Q., Zhao, Y., Huang, H., Xiong, Z., Kang, J., & Zheng, Z. (2022). Fusing blockchain and AI with metaverse: A survey. IEEE Open Journal of the Computer Society.
  • Wang, Q., Li, R., Wang, Q., & Chen, S. (2021). Non-fungible token (NFT): Overview, evaluation, opportunities and challenges. arXiv preprint arXiv:2105.07447.
  • Nalbant, K. G., & Uyanik, Ş. (2021). Computer vision in the metaverse. Journal of Metaverse, 1(1), 9-12.
  • Kerdvibulvech, C. (2022). Exploring the Impacts of COVID-19 on Digital and Metaverse Games. In International Conference on Human-Computer Interaction (pp. 561-565). Springer, Cham.
  • Binson, B. (2021). Metaverse and crypto art during the COVID-19 pandemic. Journal of Urban Culture Research, 23, 1-2.
  • Zaman, U., Koo, I., Abbasi, S., Raza, S. H., & Qureshi, M. G. (2022). Meet Your Digital Twin in Space? Profiling International Expat’s Readiness for Metaverse Space Travel, Tech-Savviness, COVID-19 Travel Anxiety, and Travel Fear of Missing Out. Sustainability, 14(11), 6441.
There are 48 citations in total.

Details

Primary Language English
Subjects Computer Software
Journal Section Research Articles
Authors

Kemal Gökhan Nalbant 0000-0002-5065-2504

Sevgi Aydın 0000-0002-9507-5448

Early Pub Date March 5, 2023
Publication Date June 30, 2023
Submission Date July 24, 2022
Published in Issue Year 2023 Volume: 3 Issue: 1

Cite

APA Nalbant, K. G., & Aydın, S. (2023). Development and Transformation in Digital Marketing and Branding with Artificial Intelligence and Digital Technologies Dynamics in the Metaverse Universe. Journal of Metaverse, 3(1), 9-18. https://doi.org/10.57019/jmv.1148015

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