“It is not about the destination that you reach, it is about how you reach the destination.” This is the life mantra of Mr. Rakesh R, Business Head, and Director, Deepsense. His present scope of work includes managing finances and overlooking operations and business development of his firm. Through his consistent and focused efforts, Mr. Rakesh seeks to leverage his knowledge in the fields of sales and management to lead his company to become a pioneer in the field of digital solutions. His unique skill set includes a noteworthy 5 year-long experience in sales and a 4-year long experience in the field of management. The young entrepreneur also owns a Bachelor’s Degree in Instrumentation and Control Engineering and a Post Graduate Diploma in Management. He has previously worked with brands like Titan and the Times Group in the position of a team leader and HR person respectively.
The field of marketing and advertising has advanced significantly over the years, moving from classic means like hoardings, billboards, print ads, and leaflets to cutting-edge digital ones. We are aware that knowing consumer requirements and demands is essential to provide businesses with a fantastic user experience.
But as the digital world continues to go through revolutionary change, so does the way businesses connect with their clientele. It’s not surprise that digital marketers are utilising cutting-edge and immersive technologies like virtual reality (VR) and augmented reality (VR) for their advertising campaigns given the wide use of the Internet and the rapid evolution of technology.
The global VR market is growing, and Statista estimates that it will surpass $12 billion by 2024, up from just under $5 billion in 2021. Over the next three years, it is anticipated that there will be close to two billion users of augmented reality.
Clearly, these technologies are permanently altering the landscape in addition to having an impact on digital marketing. Let’s investigate how AR and VR will impact the digital marketing industry in 2022.
What is VR marketing?
VR does not combine the real and simulated surroundings like AR does. Instead, VR draws users into a completely different experience. Utilizing visual aids like 3D glasses, auditory tools like headphones or speakers, or a combination of technologies makes this possible. VR frequently modifies various sensory inputs to create a whole different environment.
In general, VR uses a 360-degree perspective in a digitally created environment that users may interact with. A person’s point of view shifts as they stand up or bow down, just as it would in reality.
Organizations can currently use a wide range of useful VR applications to reach their target customers successfully and efficiently. Simply put, companies with complicated services and goods can utilise VR marketing to simplify their product’s many components so that end users can understand them. As a result, this will encourage customers to choose your brand over the alternatives, directly raising the ROI.
What is AR marketing?
Simply put, AR gives digital marketers the ability to revitalise a stale institution. Make a printed commercial or magazine cover into a lifelike 3D experience, for instance. Compared to VR, AR is really different. While AR uses computerised overlays to enhance and add to the user’s conventional view of the world, the latter works by entirely immersing the user in a virtual one.
From a marketing standpoint, augmented reality (AR) enables a business to interact directly with its customers while also enabling virtual product exploration. Customers can examine products from a furniture brand’s displayed catalogue as though they were set up in their own houses, for example, through an augmented reality marketing campaign. Additionally, the technology has the potential to change the product sizes so that they fit the specifications of the consumers’ rooms, giving them the opportunity to “try-before-you-buy.”
How are AR and VR transforming the field of digital marketing?
The marketing sector has been significantly disrupted by emerging technologies like augmented reality (AR) and virtual reality (VR). They are unquestionably changing the landscape of digital marketing. By producing a wow factor, AR and VR digital marketing efforts aid in boosting brand awareness.
For the majority of customers, connecting with a brand through AR or VR is still a novel experience, making them useful for spreading awareness. It’s interesting that one of the main benefits they offer is the capacity to creatively and novelly connect digital marketing activities to the physical experience of the clients. Between conventional and digital marketing channels, they fill the gap. This enables a firm to turn a static print advertisement or booklet into an interactive digital experience that is linked to a digital marketing campaign.
Utilizing the potential of AR and VR, businesses may effectively provide customers a distinctive perspective. Users can quickly compare a huge selection of products to find the perfect fit, or they can observe the social impact of their purchases personally.
The nicest part of all is that even tiny firms can use these marketing strategies. Businesses should adopt VR and AR digital marketing now if they want to succeed and scale new heights.