Gain competitive edge by entering the metaverse when it's still early days

New Ideas in MarketingEssential news for marketers, summarised by YouGov
May 18, 2022, 11:40 AM GMT+0

Early participation in the metaverse can help brands comprehend the platform and differentiate themselves from the competition.

Businesses must build buzz inside the metaverse as its usage grows worldwide. Brands that understand and use the metaverse and test out strategies early on, will have an advantage over competitors and will be able to deliver authentic marketing campaigns.

As engaging customers in the metaverse is similar to engaging consumers in the gaming sector, serving authentic marketing campaigns is recommended to improve consumer experience (CX). Brands can leverage activations to provide value to customers in the metaverse.

Web 3.0 users have an average worth of over $20,000 in their crypto wallets, which makes the ecosystem filled with high-value customers. Hence, demonstrating relevancy and authentically communicating in the metaverse can help companies reach new consumers.

Discover the top organisations in your market and industry that have customers buzzing using YouGov BrandRankings.

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