Marketers Embrace Tech Innovation to Stand Out in Crowded Digital Marketplace
Marketers Embrace Tech Innovations Amid Economic Uncertainty
In the face of economic uncertainty, marketers are turning to cutting-edge technologies like augmented reality (AR), virtual reality (VR), and artificial intelligence (AI) to stand out in a crowded digital marketplace and connect with younger generations.
Rob’s Backstage Popcorn and Pedigree are among the brands leading the charge in tech-driven marketing efforts. Rob’s Backstage Popcorn launched an AR Instagram Reels game, while Pedigree hosted its first adoption event in the metaverse. Other companies, such as UrbanStems and the city of New Orleans, are also experimenting with VR and AI to enhance their marketing strategies.
According to industry experts, the increasing accessibility of AR/VR and AI technologies is driving marketers to incorporate them into their campaigns. As consumer adoption rates rise, brands are eager to leverage these tools to engage with their target audiences and differentiate themselves from competitors.
While some brands are allocating a portion of their ad budgets to tech experimentation, others are still evaluating the potential return on investment. However, experts believe that embracing new technologies can help brands create innovative brand experiences and connect with consumers in a more meaningful way.
As platforms like Snap and TikTok continue to invest in AR and VR capabilities, marketers are exploring new ways to leverage these technologies for storytelling and brand awareness. Despite challenges posed by economic uncertainty, industry leaders are optimistic about the future of tech-driven marketing and the opportunities it presents for brands willing to embrace innovation.