Virtual reality (VR) and augmented reality (AR) have become more mainstream in recent years, with affordable consumer headsets like Oculus and advanced smartphone capabilities. But how can brands take advantage of these emerging technologies for marketing in 2024?
VR fully immerses users in a simulated 3D environment, while AR overlays digital elements onto the real world. Both offer innovative ways for brands to create engaging, interactive customer experiences that feel cutting-edge.
When used strategically as part of an integrated marketing plan, VR and AR can boost customer engagement, improve brand sentiment, and drive better marketing results overall. But successful implementation requires setting clear goals, choosing the right tech for your audience, designing tailored experiences, and measuring ROI effectively.
Some of the key potential benefits of using VR and AR for marketing include:
- Increased customer engagement and brand interaction through immersive, multi-sensory experiences
- Novelty and interactivity make brands more memorable and differentiated
- Ability to tell stories and convey emotions much more deeply than traditional ads
- Vivid experiences that allow customers to interact with products/services first-hand
- Data-rich customer insights based on how users explore VR/AR environments
Here are some best practices for executing effective VR/AR marketing campaigns:
- Set clear marketing goals and benchmarks upfront tied to KPIs
- Choose the optimal VR/AR technology based on your audience, product and budget
- Design branded experiences tailored to your industry, brand identity and customers
- Integrate the VR/AR activation into a multi-channel marketing plan
- Promote the experience through email, social, SEO, influencers and paid ads
- Analyze usage data and feedback to refine and optimize the experience over time
To assess the true return on investment, brands should track metrics like:
- Customer engagement and sentiment within the experience
- Brand awareness lift among target audience
- Conversions and sales directly influenced by VR/AR
- Website traffic, lead generation and search rankings
- Long-term brand recall and shifting brand perceptions
Surveys, interviews and focus groups can also provide qualitative data on customer perspectives. Overall, examine how VR/AR campaign KPIs move core business KPIs to quantify impact.
VR and AR present exciting new frontiers for innovative marketing in 2024. For brands willing to embrace these emerging technologies in a strategic, purposeful way, the potential rewards are immense. The time is now to start crafting immersive, interactive brand experiences that will truly engage customers of the future.
Supporting sources:
- Exploring How Virtual Reality is Changing Startups
- The Role of Immersive Technology in Modern Experiential Marketing
- How VR is Redefining Customer Experience in 2024
- How AR/VR is helping brands craft memorable immersive experiences
- Leveraging Augmented Reality (AR) and Virtual Reality (VR) in Marketing
- How AR and VR Are Transforming the Landscape of Immersive Marketplace Experience
- PR's Immersive Events vs Digital Marketing's Interactive Experiences
- Immersive Experiences and Digital Marketing Strategies