Back to the future: Application of Web3 technologies in marketing

The new generation of the web is characterized by decentralization, transparency, greater user autonomy, and privacy on one hand, while providing marketing professionals with increased opportunities and space for creativity, with a focus on user experience, and the establishment of relationships and...

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Main Authors: Andrić Anđela, Vlastelica Tamara, Štavljanin Velimir
Format: Article
Language:English
Published: Srpsko udruženje za marketing 2023-01-01
Series:Marketing (Beograd. 1991)
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0354-3471/2023/0354-34712304243A.pdf
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author Andrić Anđela
Vlastelica Tamara
Štavljanin Velimir
author_facet Andrić Anđela
Vlastelica Tamara
Štavljanin Velimir
author_sort Andrić Anđela
collection DOAJ
description The new generation of the web is characterized by decentralization, transparency, greater user autonomy, and privacy on one hand, while providing marketing professionals with increased opportunities and space for creativity, with a focus on user experience, and the establishment of relationships and communities before, during, and after product sales. This paper explores the opportunities offered by the new web generation in the field of marketing, identifies new tools that have been developed based on Web3 technologies, and analyzes their use for marketing purposes. The goal of the research presented in this paper is to enhance the theoretical framework of marketing strategies and techniques by analyzing the existing practical applications of Web3 technologies in this field and examining the awareness of potential users regarding key concepts, as well as assessing their prior exposure and the effects of Web3 marketing. Based on the literature review, an analysis of successful case studies, and the conducted research, conclusions were made on the current market penetration of Web3 and guidelines have been defined for planning marketing activities carried out within the Web3 environment.
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spelling doaj.art-ed6126ba04e64b27b4cab45c69aa0e0c2024-04-04T08:28:39ZengSrpsko udruženje za marketingMarketing (Beograd. 1991)0354-34712334-83642023-01-0154424325010.5937/mkng2304243A0354-34712304243ABack to the future: Application of Web3 technologies in marketingAndrić Anđela0Vlastelica Tamara1https://orcid.org/0000-0003-1247-4142Štavljanin Velimir2https://orcid.org/0000-0001-5450-806XSAP Fioneer, Beograd, SerbiaUniverzitet u Beogradu, Fakultet organizacionih nauka, Beograd, SerbiaUniverzitet u Beogradu, Fakultet organizacionih nauka, Beograd, SerbiaThe new generation of the web is characterized by decentralization, transparency, greater user autonomy, and privacy on one hand, while providing marketing professionals with increased opportunities and space for creativity, with a focus on user experience, and the establishment of relationships and communities before, during, and after product sales. This paper explores the opportunities offered by the new web generation in the field of marketing, identifies new tools that have been developed based on Web3 technologies, and analyzes their use for marketing purposes. The goal of the research presented in this paper is to enhance the theoretical framework of marketing strategies and techniques by analyzing the existing practical applications of Web3 technologies in this field and examining the awareness of potential users regarding key concepts, as well as assessing their prior exposure and the effects of Web3 marketing. Based on the literature review, an analysis of successful case studies, and the conducted research, conclusions were made on the current market penetration of Web3 and guidelines have been defined for planning marketing activities carried out within the Web3 environment.https://scindeks-clanci.ceon.rs/data/pdf/0354-3471/2023/0354-34712304243A.pdfweb3 technologiesdigital marketingdecentralised advertisingmetaversenft
spellingShingle Andrić Anđela
Vlastelica Tamara
Štavljanin Velimir
Back to the future: Application of Web3 technologies in marketing
Marketing (Beograd. 1991)
web3 technologies
digital marketing
decentralised advertising
metaverse
nft
title Back to the future: Application of Web3 technologies in marketing
title_full Back to the future: Application of Web3 technologies in marketing
title_fullStr Back to the future: Application of Web3 technologies in marketing
title_full_unstemmed Back to the future: Application of Web3 technologies in marketing
title_short Back to the future: Application of Web3 technologies in marketing
title_sort back to the future application of web3 technologies in marketing
topic web3 technologies
digital marketing
decentralised advertising
metaverse
nft
url https://scindeks-clanci.ceon.rs/data/pdf/0354-3471/2023/0354-34712304243A.pdf
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