Virtual reality as a way to good business

A virtual economy is the emergent property of the interaction between participants in a virtual world. As businesses compete in the real world, they also compete in virtual worlds. Many companies now incorporate virtual world as a new form of advertising. There are many advantages to using these met...

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Main Author: Mošorinski Predrag
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2016-01-01
Series:Trendovi u Poslovanju
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Online Access:http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1601009M.pdf
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author Mošorinski Predrag
author_facet Mošorinski Predrag
author_sort Mošorinski Predrag
collection DOAJ
description A virtual economy is the emergent property of the interaction between participants in a virtual world. As businesses compete in the real world, they also compete in virtual worlds. Many companies now incorporate virtual world as a new form of advertising. There are many advantages to using these methods of commercialization. The use of advertising within virtual world is a relatively new idea, due to Virtual World as a relatively new technology. According to trade media company Virtual Worlds Management, commercial investments in the virtual sector were in excess of USD 425 million in 2007, and USD 594 million in 2008. During the last year, investments made were approximately 1 billion US $. Investment in marketing and virtual commercials, in Republic of Serbia was about 840 million euros during the last few years.
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institution Kabale University
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language English
publishDate 2016-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-cf655201beb5457eacf7b807a5accb952025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562016-01-014191610.5937/trendpos1601009M2334-816X1601009MVirtual reality as a way to good businessMošorinski Predrag0Tehnička škola, ZrenjaninA virtual economy is the emergent property of the interaction between participants in a virtual world. As businesses compete in the real world, they also compete in virtual worlds. Many companies now incorporate virtual world as a new form of advertising. There are many advantages to using these methods of commercialization. The use of advertising within virtual world is a relatively new idea, due to Virtual World as a relatively new technology. According to trade media company Virtual Worlds Management, commercial investments in the virtual sector were in excess of USD 425 million in 2007, and USD 594 million in 2008. During the last year, investments made were approximately 1 billion US $. Investment in marketing and virtual commercials, in Republic of Serbia was about 840 million euros during the last few years.http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1601009M.pdfvirtual economybusinessadvertising
spellingShingle Mošorinski Predrag
Virtual reality as a way to good business
Trendovi u Poslovanju
virtual economy
business
advertising
title Virtual reality as a way to good business
title_full Virtual reality as a way to good business
title_fullStr Virtual reality as a way to good business
title_full_unstemmed Virtual reality as a way to good business
title_short Virtual reality as a way to good business
title_sort virtual reality as a way to good business
topic virtual economy
business
advertising
url http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1601009M.pdf
work_keys_str_mv AT mosorinskipredrag virtualrealityasawaytogoodbusiness