Can Virtual Reality (VR) Technology Be Used for Marketing?

Can Virtual Reality (VR) Technology Be Used for Marketing?

Yes, virtual reality (VR) technology shows scope for helping businesses market products, services, and places. In fact, virtual reality technology allows marketers and owners to give their audience the best and closest experience of a place, service, or product, without physically touching or being present at the location. Fast-forward a few years and this technology will be the “norm” for marketing business products. For more information, let us look at how VR technology can be used for marketing:

Market Research

Whether it is a new shopping center, store, or cinema, investing in a new physical space is often a huge decision, filled with plenty of doubts and risks. This is where understanding how your customers feel about the new place proves essential, and this is exactly what VR technology can help do. It can provide an immersive experience to customers, allowing them to navigate your new product range, planned layout, and color scheme, without physically being present there. Did you know Tesco first created a virtual store to allow customers to walk in and explore even before they built the store?

Tangible Experiences

How can a holiday service, cruise ship, hotel, or restaurant convince customers it can offer an amazing experience, without the person trying it? A website or brochure can only get you so far, but actually taking customers to the desired destination and allowing them to explore the amenities, beauty, and features of the place is what can really set the bar high. This is what VR technology can be used for, providing an unmatched and excellent tangible experience that gives customers a real sense of what the place would look like (the walk-in experience, the views, nearby attractions, etc).

Commercial Opportunities

Imagine if you can sell the best seat at a theatre, stadium or event as many times as you like. Virtual Reality technology presents you the amazing opportunity to do this. By live streaming content from a performance or match, viewers from all over the world can have access to what it feels like to ACTUALLY be present at the event, even if they are located thousands and millions of miles away. According to a recent report, Samsung and NBA are working together to bring live VR basketball experiences to their fans.

Product Experiences

Is there any way for businesses to convince customers their products are better than those offered by their competitors? For an automobile purchase, test driving the vehicle is considered the best selling tool. But, how can one get an experience of the vehicle, without actually visiting the showroom? This is where VR comes in, allowing customers to configure the car to their needs and take it for a personal test drive, anytime and anywhere.

Last, but not the least, VR technology can also be used by brands who want to promote educational experiences, such as showing a product manufacturing/designing process. VR technology provides many opportunities for businesses and marketers to showcase their places, products, and services in the best way possible. If you want to take your marketing strategy to the next level, it’s time you considered investing in VR technology too.