If you’re living in the age of social media, you’ve probably heard of the Internet’s favorite new buzzword “Metaverse” a few too many times in the past few months. Metaverse is associated with a new vision of the world of the internet. The term was recently brought back into prominence by Facebook CEO Mark Zuckerberg when he announced that Facebook will now be known as Meta.
To put it simply, Metaverse is the vision or idea of a network of a virtual digital world that coexists alongside the physical world we live in today. It is a shared virtual environment powered by artificial intelligence, augmented, virtual, and mixed realities where people can interact with each other and participate in events together.
In the last decade, social media has swept into our lives and changed the way the world functions, becoming an integral part of our lives. As virtual reality becomes more and more mainstream, Metaverse is expected to revolutionize marketing in an impactful way. Let us learn about the ways in which Metaverse is expected to revolutionize digital marketing and the customer experience in the years to come.
- Limitless, immersive experiences: With the Metaverse, everything with VR, AR, and gaming is evolving towards becoming more immersive. When it comes to shopping and making purchases, a growing number of consumers want more interaction and agency instead of looking at static images and watching videos. More and more people want a more interactive and engaging experience and the metaverse is built exactly for that. As the visuals become virtual and 3-dimensional, marketers can invest in creating any kind of experience in the metaverse. The potential is almost limitless. You can offer your customers the experience of being at your store, or the beach, or the mountains. The potential is limitless and safe. Experiences that resemble real-world situations or reflect what a brand does in real life will help the brands in creating strong, lasting impressions and connections with their customers.
- User-generated content creation: Metaverse can open up new ways for people to share and promote products and services through content creation. The possibilities that Metaverse can open up for consumers to have the ability to co-create is impossible to predict. But what is sure is that just like it is for social media, user-generated content can prove to be a great way of raising brand awareness in digital settings for marketers and brands.
- Search Engine Optimization: The rise of Metaverse may bring about major changes in search engine optimization as well. While it is difficult to predict how SEO will change in the Metaverse, it is expected that Google will take a more immersive stance and offer search engines with mixed realities that allow consumers to visit websites using virtual reality technologies. Brands and Marketers will have to keep up with technological trends, rework their imagery in 3D media, and rapidly develop tools to keep their approaches relevant in the Metaverse.
- The customer journey: Managing the customer journey that exists between the brand and the customer can be very different in the metaverse. There are a lot of things for brands to keep in mind as a customer transverses from traditional marketing channels such as email, web, and mobile into the metaverse. Consumers today want more on-demand experiences and self-service options. They will expect even more real-time resolution to problems and customer support. Brands can work on refining and improving this blended customer experience while expanding customer loyalty utilizing the new and different support and engagement models and advertising opportunities the metaverse offers.
Taking off at a rapid rate, there are immense possibilities in the Metaverse. It has the potential to change the way we communicate and interact and will revolutionize the way consumers live and the way brands engage with their audience. Marketers who successfully make use of the new metaverses in the future will be able to reach out and engage with their customers in ground-breaking ways.
Article is authored by Riddhi Chhabria Asrani, CEO & Founder of All Stars Digital.