Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management

This literature review investigates the transformative impact of technology, particularly social media, event-mobile apps, and blockchain on the event management industry. This exploration of technology's influence on the industry reveals a profound shift in how events are planned, marketed,...

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Main Authors: Rakesh, Sarpal, Tamil Selvi, Renganathan, Rachel Low, Ti Yin
Format: Article
Language:English
English
Published: INTI International University 2024
Subjects:
Online Access:http://eprints.intimal.edu.my/2056/
http://eprints.intimal.edu.my/2056/1/jobss2024_16.pdf
http://eprints.intimal.edu.my/2056/2/597
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author Rakesh, Sarpal
Tamil Selvi, Renganathan
Rachel Low, Ti Yin
author_facet Rakesh, Sarpal
Tamil Selvi, Renganathan
Rachel Low, Ti Yin
author_sort Rakesh, Sarpal
building INTI Institutional Repository
collection Online Access
description This literature review investigates the transformative impact of technology, particularly social media, event-mobile apps, and blockchain on the event management industry. This exploration of technology's influence on the industry reveals a profound shift in how events are planned, marketed, and executed. It addresses two key research questions: the influence of apps and social media on cost savings in event marketing and how blockchain technology enhances efficiencies, specifically in ticketing and data security. Social media is shown to be a cost-effective marketing tool that reduces expenses, though it comes with its own set of challenges, such as data management and maintaining visibility in a crowded digital landscape. Event-mobile apps are highlighted for their ability to reduce costs, streamline logistics, and improve attendee experiences, but they face obstacles related to user adoption and potential obsolescence. This review also delves into how blockchain technology revolutionizes the industry by addressing issues like ticket fraud and manipulation through transparent and immutable transaction records. However, it introduces concerns about data privacy and visibility. In summary, technology is reshaping the event management landscape, offering cost reduction and operational efficiency, while simultaneously presenting ongoing challenges and opportunities for innovation.
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spelling intimal-20562024-11-27T02:17:37Z http://eprints.intimal.edu.my/2056/ Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management Rakesh, Sarpal Tamil Selvi, Renganathan Rachel Low, Ti Yin HD28 Management. Industrial Management QA75 Electronic computers. Computer science QA76 Computer software T Technology (General) This literature review investigates the transformative impact of technology, particularly social media, event-mobile apps, and blockchain on the event management industry. This exploration of technology's influence on the industry reveals a profound shift in how events are planned, marketed, and executed. It addresses two key research questions: the influence of apps and social media on cost savings in event marketing and how blockchain technology enhances efficiencies, specifically in ticketing and data security. Social media is shown to be a cost-effective marketing tool that reduces expenses, though it comes with its own set of challenges, such as data management and maintaining visibility in a crowded digital landscape. Event-mobile apps are highlighted for their ability to reduce costs, streamline logistics, and improve attendee experiences, but they face obstacles related to user adoption and potential obsolescence. This review also delves into how blockchain technology revolutionizes the industry by addressing issues like ticket fraud and manipulation through transparent and immutable transaction records. However, it introduces concerns about data privacy and visibility. In summary, technology is reshaping the event management landscape, offering cost reduction and operational efficiency, while simultaneously presenting ongoing challenges and opportunities for innovation. INTI International University 2024-11 Article PeerReviewed text en cc_by_4 http://eprints.intimal.edu.my/2056/1/jobss2024_16.pdf text en cc_by_4 http://eprints.intimal.edu.my/2056/2/597 Rakesh, Sarpal and Tamil Selvi, Renganathan and Rachel Low, Ti Yin (2024) Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management. Journal of Business and Social Sciences, 2024 (16). pp. 1-15. ISSN 2805-5187 http://ipublishing.intimal.edu.my/jobss.html
spellingShingle HD28 Management. Industrial Management
QA75 Electronic computers. Computer science
QA76 Computer software
T Technology (General)
Rakesh, Sarpal
Tamil Selvi, Renganathan
Rachel Low, Ti Yin
Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management
title Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management
title_full Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management
title_fullStr Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management
title_full_unstemmed Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management
title_short Evaluating Technology (Social Media and Apps) And Blockchain for Cost- Savings and Efficiencies in Event Management
title_sort evaluating technology (social media and apps) and blockchain for cost- savings and efficiencies in event management
topic HD28 Management. Industrial Management
QA75 Electronic computers. Computer science
QA76 Computer software
T Technology (General)
url http://eprints.intimal.edu.my/2056/
http://eprints.intimal.edu.my/2056/
http://eprints.intimal.edu.my/2056/1/jobss2024_16.pdf
http://eprints.intimal.edu.my/2056/2/597