With over 4.89 billion users worldwide, social media platforms are an impactful tool businesses can use to promote their products, generate leads, and gain a competitive advantage.
In 2021, over 91% of organizations in the US used social as a part of their marketing efforts. And in 2023, the overall cost of paid social is expected to reach $268 billion.
Virtual reality (VR) and augmented reality (AR) are among the recent innovations that integrate with social media. With a lot of buzz around these technologies, how are they implemented using social media? How could they impact the marketing potential of the networks?
Social media marketing is a tactic that embraces the power of social media networks to hit business marketing goals. In the social media marketing context, VR and AR technologies have gained significant traction in recent years.
While these are still evolving technologies, their potential to revolutionize social media marketing approaches makes them a promising avenue for marketers seeking to enhance their campaigns. They offer unique and immersive experiences that can boost brand engagement, drive customer interactions, and create memorable connections with target audiences.
Here are some ways VR and AR are shaping the landscape of social media marketing:
Given the global digitalization of the business environment, digital marketing methods including social media marketing keep gaining pace. Companies strive to embrace innovations and implement new marketing tools to achieve their promotional goals and objectives that don’t change too much.
When it comes to Virtual Reality and Augmented Reality, they have quite a number of benefits to offer to social media marketing strategies. Let’s consider the key advantages.
VR and AR have the potential to significantly increase brand engagement by creating a totally different social media experience that allows users to go beyond traditional text, images, and videos and actively participate in a virtual or augmented environment. They achieve that through:
Utilizing VR and AR in social media campaigns can help generate buzz and attract attention to a brand. These technologies offer unique and novel experiences, making users more likely to share and talk about the brand's content, thus promoting brand awareness among their social networks.
AR filters and lenses on platforms like Snapchat and Instagram provide an opportunity for brands to create interactive and engaging experiences. By developing branded filters that align with their brand identity or promote specific products, companies can encourage users to create and share content, generating organic reach and user-generated content. British Vogue developed branded Sunglasses Flip filter on Instagram to promote their Salvator Ferragamo sunglasses collection.
Gamification is yet another method of effective virtual reality tools used in social media. By incorporating game mechanics such as challenges, rewards, and leaderboards, brands can create a sense of competition and encourage users to actively participate and share their experiences. This can be particularly effective for brand awareness, product launches, or contests.
Though a relatively new marketing tool, VR and AR have been successfully used in social media marketing by many companies including well-known brands.
There are two big names that have made the best use of AR and VR technologies for now and keep evolving in this area.
Many other brands embrace virtual reality tools too and actively use them for their marketing strategies. Thus, IKEA launched the IKEA Place app, which utilizes AR technology to place virtual furniture items in your own space. Using just their phone, users can visualize how IKEA furniture pieces would look and fit in their homes before making a purchase.
Similar to IKEA, shopping apps for buying furniture and household goods are launched and maintained by Amazon, Wayfair, Target, Overstock, Home Depot, and Houzz. Notably, most of them not only allow visualizing products in 3D models but also enable customers to do visual searches by images.
Nike has also utilized VR technology to enhance its marketing efforts in the sports and fitness industry. They have developed VR training experiences that let users delve into virtual environments and engage in realistic training sessions. This not only promotes their products but also provides value to users by offering a new exclusive experience and getting them hooked emotionally.
Sephora used VR technology for creating virtual try-on experiences. They developed the "Virtual Artist" feature on their mobile app, allowing users to virtually try on different makeup products using their smartphone's camera. Users can experiment with various shades and styles before making a purchase.
While VR and AR implementation in social media marketing requires strict and thoughtful planning and there are certain challenges to keep in mind, these digital marketing tools can bring your company to yet another level in a business environment and give it a long-lasting competitive advantage. So, it’s worth tapping into these technologies now to keep up pace with fast-changing social media marketing trends and maintain solid future business growth.