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Metaverse Marketing and Business Opportunities

Babak Taheri, Suresh Malodia, Endrit Kromidha

ISBN: 9781915097804 HBK; 9781915097903 eBook


About this book | Table of contents | About the authors | Buy now
There is ongoing research on the importance of the extended realities (XR) of Virtual and Augmented Reality (VR and AR) in the educational environments. XR signifies to all real-and-virtual environments generated by computer graphics and wearables. The metaverse platform is a set of virtual spaces where you can create, produce and explore with other individuals who are not in the same physical space as you.

Metaverse Marketing and Business Opportunities is one of the first books Metaverse and extended realities (XR) that focuses on marketing and managerial implications area of tourism marketing and management, services marketing and urban studies.

It provides a one-stop shop reference point for scholars, students and practitioners and brings state-of-art knowledge on marketing management and related areas (such as digital marketing management) with a new modern perspective within the digital world. Divided into 3 sections, it explores issues such as:

  • Metaverse market dynamics: the drivers, opportunities and consumers
  • Monetization models in the metaverse marketplaces and the value of virtual and augmented reality
  • Developing metaverse new products and services: innovation and new ideas
  • Ethics and regulation in the metaverse marketplace

With an experienced team of contributors, each chapter is written in a user friendly style with pedagogic features such as chapter objectives, vignettes and real life case studies, summaries, and annotated reading lists.

Publication: September 2024

Table of contents

Ch 1 Introduction; Section 1. Introduction to marketing and consumer experience in the Metaverse: Ch2 Metaverse market dynamics: drivers & opportunities; Ch 3 Profiling the metaverse consumer: who they are and what they do; Ch 4 Understanding consumer journey in the metaverse (user experience and engagement); Section 2. Strategies and value creation for metaverse: Ch 5 Building metaverse capabilities (Setting business goals in the metaverse and measuring the performance); Ch 6 Monetization models in the metaverse marketplaces; Ch 7 The value of virtual and augmented reality; Section 3. Metaverse entrepreneurship and innovation: Ch 8 The metaverse business model and metaverse corporate venturing; Ch 9 Developing metaverse new products and services; Ch 10 Financing innovations and growing a metaverse business; Section 4. Building the metaverse ecosystem: Ch 11 Marketing the metaverse ecosystem; Ch 12 Metaverse tools and systems; Ch 13 Ethics and regulations; Ch 14 Conclusion chapter; Ch 15 Case studies; Index

Table of contents

Ch 1 Introduction; Section 1. Introduction to marketing and consumer experience in the Metaverse: Ch2 Metaverse market dynamics: drivers & opportunities; Ch 3 Profiling the metaverse consumer: who they are and what they do; Ch 4 Understanding consumer journey in the metaverse (user experience and engagement); Section 2. Strategies and value creation for metaverse: Ch 5 Building metaverse capabilities (Setting business goals in the metaverse and measuring the performance); Ch 6 Monetization models in the metaverse marketplaces; Ch 7 The value of virtual and augmented reality; Section 3. Metaverse entrepreneurship and innovation: Ch 8 The metaverse business model and metaverse corporate venturing; Ch 9 Developing metaverse new products and services; Ch 10 Financing innovations and growing a metaverse business; Section 4. Building the metaverse ecosystem: Ch 11 Marketing the metaverse ecosystem; Ch 12 Metaverse tools and systems; Ch 13 Ethics and regulations; Ch 14 Conclusion chapter; Ch 15 Case studies; Index

About the authors

Babak Taheri PhD is a Full Professor at Texas A&M University in the Department of Hospitality, Hotel Management & Tourism, USA; Suresh Malodia is Associate Professor specialising in Strategic Marketing at MICA, India; Endrit Kromidha PhD is an Associate Professor in Entrepreneurship and Innovation, University of Birmingham, UK

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