Marketing in the Metaverse
As we know, technology is FOREVER-changing, and with that, so is marketing. The metaverse is just one of the most recent development that will have a huge impact on the human experience.
What is the Metaverse?
It is the next big thing. In short, it is the new virtual universe, experienced in 3D, where everyone will have an avatar. According to Wikipedia, it is a collective virtual shared space created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the internet.
How Do Marketers Need to Prepare?
The metaverse is essentially a virtual community with a need for connection. Companies can start preparing by building that connection in the virtual world. For now, this could include opening new commerce stores on Instagram and Facebook shops and creating AR advertisements.
The metaverse may still be years away, and you shouldn't just sit on the sidelines and wait. Businesses need to start planning now and get ahead of the curve. If you haven't already started planning and considering how the metaverse will impact marketing, you are already behind. I promise it will impact your marketing in many ways, and some have been implemented already.
Hackl points out:
"Brands will need to rethink their narratives in three dimensions and that marketers will need to embrace emerging technology at a faster speed. In the metaverse, everyone is a world builder, including brands."
Stay tuned for more on the METAVERSE!