Augmented Reality Marketing in Malaysia—Future Scenarios

Augmented Reality (AR) marketing is a novel and creative way to market products and services. However, there are concerns about its marketing effectiveness as it is still immature to take over the place of traditional marketing method. Hence, this study was aimed to identify the issues and drivers o...

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Main Authors: Choon Ching Ng, Chandrashekar Ramasamy
Format: Article
Language:English
Published: MDPI AG 2018-11-01
Series:Social Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-0760/7/11/224
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author Choon Ching Ng
Chandrashekar Ramasamy
author_facet Choon Ching Ng
Chandrashekar Ramasamy
author_sort Choon Ching Ng
collection DOAJ
description Augmented Reality (AR) marketing is a novel and creative way to market products and services. However, there are concerns about its marketing effectiveness as it is still immature to take over the place of traditional marketing method. Hence, this study was aimed to identify the issues and drivers of employing AR, in marketing, and to study the future trend of AR marketing in Malaysia. Foresight methodology tool, the Social, Technological, Environmental, Economic, Political, and Values (STEEPV) method was used in identifying the issues and drivers of employing AR in marketing. Furthermore, an impact⁻uncertainty analysis was used to identify the top two drivers of the subject. The top two drivers identified were the “need for interrelation between the virtual and the real word„ and “technological knowledge generation„ with the highest statistical mean vote for impact and uncertainty, respectively. The development of scenario analysis was constructed in correspondence with the top two drivers which gave insights into the four alternative possibilities in the time horizon of 5 to 10 years. The drivers must coexist in order to generate potential scenarios for the development and sustainability of AR marketing in Malaysia.
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spelling doaj.art-9f88019883404e42bdc1597420f9901c2022-12-21T18:27:51ZengMDPI AGSocial Sciences2076-07602018-11-0171122410.3390/socsci7110224socsci7110224Augmented Reality Marketing in Malaysia—Future ScenariosChoon Ching Ng0Chandrashekar Ramasamy1Faculty of Technology Management and Business, Universiti Tun Hussein Onn Malaysia, 86400 Parit Raja, Batu Pahat, Johor, MalaysiaFaculty of Technology Management and Business, Universiti Tun Hussein Onn Malaysia, 86400 Parit Raja, Batu Pahat, Johor, MalaysiaAugmented Reality (AR) marketing is a novel and creative way to market products and services. However, there are concerns about its marketing effectiveness as it is still immature to take over the place of traditional marketing method. Hence, this study was aimed to identify the issues and drivers of employing AR, in marketing, and to study the future trend of AR marketing in Malaysia. Foresight methodology tool, the Social, Technological, Environmental, Economic, Political, and Values (STEEPV) method was used in identifying the issues and drivers of employing AR in marketing. Furthermore, an impact⁻uncertainty analysis was used to identify the top two drivers of the subject. The top two drivers identified were the “need for interrelation between the virtual and the real word„ and “technological knowledge generation„ with the highest statistical mean vote for impact and uncertainty, respectively. The development of scenario analysis was constructed in correspondence with the top two drivers which gave insights into the four alternative possibilities in the time horizon of 5 to 10 years. The drivers must coexist in order to generate potential scenarios for the development and sustainability of AR marketing in Malaysia.https://www.mdpi.com/2076-0760/7/11/224augmented reality (AR)STEEPVmarketingforesight
spellingShingle Choon Ching Ng
Chandrashekar Ramasamy
Augmented Reality Marketing in Malaysia—Future Scenarios
Social Sciences
augmented reality (AR)
STEEPV
marketing
foresight
title Augmented Reality Marketing in Malaysia—Future Scenarios
title_full Augmented Reality Marketing in Malaysia—Future Scenarios
title_fullStr Augmented Reality Marketing in Malaysia—Future Scenarios
title_full_unstemmed Augmented Reality Marketing in Malaysia—Future Scenarios
title_short Augmented Reality Marketing in Malaysia—Future Scenarios
title_sort augmented reality marketing in malaysia future scenarios
topic augmented reality (AR)
STEEPV
marketing
foresight
url https://www.mdpi.com/2076-0760/7/11/224
work_keys_str_mv AT choonchingng augmentedrealitymarketinginmalaysiafuturescenarios
AT chandrashekarramasamy augmentedrealitymarketinginmalaysiafuturescenarios