Digital Marketing in the Metaverse: Beginning of a New Era in Product Promotion

Abstract

Companies are targeting the metaverse to reach new generations. It allows marketers to create a virtual and augmented reality world to promote their brands and products. Digital marketing is a popular tool for promotion but has limitations in that customers are not able to get a 3D overview of the product. Metaverse offers an immersive experience to customers, and it is a future marketing platform that gives real-life experience to explore different brands, products, and services in the 3D interactive digital space. Many companies have started using metaverse to promote their products, especially real estate, gaming, fashion, automobile, etc. There is enormous scope for neuromarketing through the metaverse. Metaverse integrates the real physical world and virtual reality to create an environment where consumers and marketers can communicate the utility, application, attributes, and content of products.