The impact of marketing activities on increasing interest in Digital Cryptocurrencies

This study examines consumer attitudes toward cryptocurrencies in Slovakia, focusing on the perceived adequacy of their promotion and the influence of demographic factors such as education, gender, and age. The findings reveal that a significant majority of respondents view cryptocurrency promotion as insufficient, with 77.77% expressing dissatisfaction. Demographic factors were found to have minimal impact on attitudes, suggesting that universal barriers—such as trust, technological literacy, and perceived risks—play a more critical role. Social media emerged as a key platform for engaging consumers, particularly younger demographics, provided that campaigns are well-targeted and informative. These results highlight the need for innovative promotional strategies emphasizing transparency, education, and trust-building to bridge the gap between cryptocurrencies and broader consumer adoption. The study contributes to the growing literature on cryptocurrency marketing by providing actionable insights for addressing challenges in emerging markets like Slovakia.

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Publication Details

Journal
Journal of Infrastructure Policy and Development
Published
2024-12-25
DOI
https://doi.org/10.24294/jipd10727
Primary Topic
Digital Marketing and Social Media
Type
article
Field-Weighted Citation Impact
0.00

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article

The impact of marketing activities on increasing interest in Digital Cryptocurrencies

Jaroslava Gburová, Andrea Vadkertiová, Daniela Matušíková
Journal of Infrastructure Policy and Development
Digital Marketing and Social Media
article

The impact of marketing activities on increasing interest in Digital Cryptocurrencies

Jaroslava Gburová, Andrea Vadkertiová, Daniela Matušíková
article en

Abstract

This study examines consumer attitudes toward cryptocurrencies in Slovakia, focusing on the perceived adequacy of their promotion and the influence of demographic factors such as education, gender, and age. The findings reveal that a significant majority of respondents view cryptocurrency promotion as insufficient, with 77.77% expressing dissatisfaction. Demographic factors were found to have minimal impact on attitudes, suggesting that universal barriers—such as trust, technological literacy, and perceived risks—play a more critical role. Social media emerged as a key platform for engaging consumers, particularly younger demographics, provided that campaigns are well-targeted and informative. These results highlight the need for innovative promotional strategies emphasizing transparency, education, and trust-building to bridge the gap between cryptocurrencies and broader consumer adoption. The study contributes to the growing literature on cryptocurrency marketing by providing actionable insights for addressing challenges in emerging markets like Slovakia.

Journal of Infrastructure Policy and DevelopmentVol. 8(16)
University of Prešov (SK), University of Ss. Cyril and Methodius in Trnava (SK)
Vedecká Grantová Agentúra MŠVVaŠ SR a SAV
Quality Education
Openalex Percentile: Top 61%
Digital Marketing and Social Media
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