• Home
  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
  • Contact
  • About
Friday, August 19, 2022
King County News Now
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Technology Metaverse

How Brands Are Joining The Metaverse With VR Experiences – MarTech

by Duong
March 10, 2022
in Metaverse
Reading Time: 4 mins read
how-brands-are-joining-the-metaverse-with-vr-experiences-–-martech
Share on FacebookShare on Twitter

“This is still very early stages,” said Mehta Mehta, global executive creative director for Hogarth Worldwide, the specialist creative agency for WPP. Big clients, from a list that includes Pizza Hut, Duracell and Bombay Sapphire, are asking Mehta how to get their brands involved in VR experiences and launch activations on what’s been recently referred to as the metaverse.

“They’re asking, how do we jump the curve and move forward in this new world?” Mehta said.

The Metaverse Foundry. To meet marketers’ needs in developing immersive VR experiences and activations, Hogarth announced the opening of The Metaverse Foundry as a resource to all WPP clients. It pulls together over 700 creative content specialists, producers, visual artists, developers and technologists.

“Brands are all at different stages, either advanced or they just want to get into it,” said Mehta. “How do you get mass adoption? We consult on the ways to get people on.”


Get the daily newsletter digital marketers rely on.


Key pillars to The Metaverse Foundry’s approach are building a creative experience for visitors to hook into and being open to culture of the virtual community where the brand is appearing.

“The whole point of the metaverse is to build community,” said Mehta. “Brands can’t go there with an agenda. They need to solve for how to make payments in this environment, how to access an experience or product and change the model for access.”

Mehta added that to adapt in these early stages in the evolution of VR experiences and environments, marketers have to keep in mind that the appeal for “The Metaverse” is that it is decentralized. That’s why the new project is called a “foundry.”

Decentraland. Decentraland is a virtual community where users can create their own environments and artworks using the Builder tool, and marketers can host events and launch contests and games with other SKD tools.

In December, Hogarth WW client Under Armour partnered with NBA star Stephen Curry and Decentraland for an NFT-activation that features digital replicas of sneakers, celebrating Curry’s achievement in becoming the league’s all-time three-point basket leader.

Read next: Marketers: the metaverse is coming.

Decentraland also is a destination for virtual assets, allowing users to trade and buy land in the virtual environment, as well as wearables for the avatars that users take on. For a basketball fan that has an avatar in Decentraland, they might like to show off a replica of the sneakers that Curry wore when he broke the all-time record for three point shots, per the Under Armour partnership.

Acura Integration. Today, Acura announced that they will become the first automaker to open a digital showroom in the metaverse, also on Decentraland. The showroom will be called Acura of Decentraland, and will be accessible to users starting on March 22.

Acura will be debuting their 2023 Integra, and serious car buyers who reserve the new model (the first 500) will have the opportunity to claim a limited-edition NFT designed by 3D artist Andreas Wannerstedt. First, the customer gets a base NFT with the reservation. Upon delivery of their new car, they will then upgrade to a unique Integra NFT that they can flex in the metaverse.

In the Acura virtual showroom, visitors will be able to explore the 3D environment and see key features of the vehicle. They can also play an exclusive racing game, “Beat That,” and browse a collection of avatar wearables also designed by Wannerstedt.

The metaverse activation is linked to an integrated campaign timed with March Madness hoops, and MullenLowe Los Angeles provided agency services for the effort.

Skechers activation. LIfestyle brand Skechers is also dipping their toe in the metaverse on Decentraland. They signed a “lease” in the platform’s “Fashion District.” 

According to a company release, they filed trademark applications to sell virtual goods, including footwear and apparel, with more announcements to come on what their virtual shop will look like and what products users can browse when they visit.

Why we care. Brands are at different stages, and are offering different levels of commitment to at least one virtual outpost of the metaverse. Note that Decentraland isn’t a property of Facebook’s parent company Meta.

When speaking with Hogarth’s global executive creative director, Mehta Mehta, the advertising veteran shared what he’s heard from clients time and again – brands are looking for new customers and where to reach them. 

New environments equal new customers, but marketers should also look hard at who their customers are and see if there is crossover appeal for VR users, gamers and other digital explorers. Knowing this, marketers can assess what platform to engage and how involved they want to get.


About The Author

Chris Wood 1

Chris Wood draws on over 15 years of reporting experience as a B2B editor and journalist. At DMN, he served as associate editor, offering original analysis on the evolving marketing tech landscape. He has interviewed leaders in tech and policy, from Canva CEO Melanie Perkins, to former Cisco CEO John Chambers, and Vivek Kundra, appointed by Barack Obama as the country’s first federal CIO. He is especially interested in how new technologies, including voice and blockchain, are disrupting the marketing world as we know it. In 2019, he moderated a panel on “innovation theater” at Fintech Inn, in Vilnius. In addition to his marketing-focused reporting in industry trades like Robotics Trends, Modern Brewery Age and AdNation News, Wood has also written for KIRKUS, and contributes fiction, criticism and poetry to several leading book blogs. He studied English at Fairfield University, and was born in Springfield, Massachusetts. He lives in New York.


Related Posts

axa-im-launches-metaverse-strategy-strengthening-its-thematic-offering-–-valuewalk

AXA IM Launches Metaverse Strategy Strengthening Its Thematic Offering – ValueWalk

by NewsReporter
April 14, 2022
0

geralt / Pixabay AXA Investment Managers (AXA IM) launches the AXA IM Metaverse strategy that aims to invest in companies which play a part in the convergence of the digital and physical world. This new strategy is managed by Pauline Llandric, alongside AXA IM’s wider global thematics team, and will complement...

metaverse-builders-see-virtual-pets-as-their-killer-app-–-axios

Metaverse Builders See Virtual Pets As Their Killer App – Axios

by NewsReporter
April 14, 2022
0

A digital pet store might help sell the metaverse to the masses.Why it matters: Hype and funding have flooded into development of a 3D internet, but consumers will need help finding a way in.Driving the news: Pokemon Go creator Niantic revealed its next game yesterday, an augmented reality pet simulator...

marketing-in-the-metaverse-[podcast]-–-search-engine-journal

Marketing In The Metaverse [Podcast] – Search Engine Journal

by NewsReporter
April 13, 2022
0

Got NFTs, Metaverse, and web 3.0 on your marketing radar? In a world where the digital and physical meet, metaverses offer an unprecedented opportunity to brands. Lisa Buyer of The Buyer Group joined me on the SEJ Show to shed light on the Metaverse and what it is. We talked...

three-metaverse-stocks-to-keep-on-your-watchlists-–-finbold-–-finance-in-bold

Three Metaverse Stocks To Keep On Your Watchlists – Finbold – Finance In Bold

by NewsReporter
April 13, 2022
0

The technological revolution, unlike anything we have experienced so far best sums up promises made around the metaverse. In essence, it represents a collection of virtual worlds, designed by companies and individuals with the goal of changing how we connect and interact both socially and professionally.  Estimates are made that...

King County News Now

© 2021 King County News Now

Navigate Site

  • Home
  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
  • Contact
  • About

Follow Us

No Result
View All Result
  • Home
  • About
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 King County News Now

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT