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Exploring virtual worlds: success factors in virtual world marketing

Henrikki Tikkanen (Helsinki School of Economics, Helsinki, Finland)
Joel Hietanen (Helsinki School of Economics, Helsinki, Finland)
Tuomas Henttonen (Helsinki School of Economics, Helsinki, Finland)
Joonas Rokka (Helsinki School of Economics, Helsinki, Finland)

Management Decision

ISSN: 0025-1747

Article publication date: 4 September 2009

9197

Abstract

Purpose

Drawing from recent work on online social networking and communities of consumption, the purpose of this paper is to explore, identify, and postulate key factors facilitating the growth and success of marketing in virtual worlds.

Design/methodology/approach

An empirical study was conducted employing netnographic evidence from three different virtual worlds and related user‐generated blog discussions.

Findings

The findings suggest mechanisms which enable virtual worlds to gain and maintain the interest of their users and therefore underlie successful marketer practices.

Research limitations/implications

This is an exploratory study based on qualitative and ethnographic online research methods, and therefore the results are of a descriptive nature. The study was conducted to initiate the academic discourse about marketing in virtual worlds. As such, the paper believes that it can act as a reasonable starting‐point for future discussion.

Practical implications

The study suggests that traditional advertising has not proven to be a very effective way to exploit the special characteristics of virtual worlds. There is substantial potential in virtual worlds for new and innovative marketing methods that are highly engaging and take advantage of users' active role in virtual worlds. From the marketing point of view, virtual worlds can be especially used for connecting with customers, contributing to customer learning, and getting customer input.

Originality/value

The paper illustrates that virtual worlds have come to offer marketers new opportunities for engaging their customers into interactive and co‐productive marketplace exchanges. They uncover untapped potential, resources and creative means for building customer relationships.

Keywords

Citation

Tikkanen, H., Hietanen, J., Henttonen, T. and Rokka, J. (2009), "Exploring virtual worlds: success factors in virtual world marketing", Management Decision, Vol. 47 No. 8, pp. 1357-1381. https://doi.org/10.1108/00251740910984596

Publisher

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Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited

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