The Beauty of the Metaverse is Creation and Cash
If done well, the endless possibilities of the metaverse presents a lifetime opportunity for beauty brands to foster lifelong loyalty and monetary gains.
The post The Beauty of the Metaverse is Creation and Cash appeared first on LUXUO.
Image: Zepeto
There have been a lot of conversations about the metaverse and how it might reshape the future of retail. More and more brands are dipping its toe into the virtual world with digital clothing and collections in the fashion industry. Earlier in March, the fashion industry even held its first major fashion show, ?Metaverse Fashion Week? earlier in March. The beauty industry is also moving in tandem, albeit it is playing catch up with its more established counterpart.
However, that is where the beauty lies. While the metaverse remains to be an evolving space and concept, there are a lot of opportunities for beauty brands to use the virtual world to engage, create and build communities.
The metaverse provides possibly endless ways as it is not confined to limitations of the physical world such as booking a venue or issues pertaining to the supply chain. Users of the metaverse only need to log into the respective platforms and then enjoy the content put out by the different beauty brands.
More than just a marketing tool, beauty brands should not fall into the trap of just jumping onto the bandwagon of the metaverse. There should be a storytelling element that the brand is trying to bring across to their consumers digitall...
The post The Beauty of the Metaverse is Creation and Cash appeared first on LUXUO.
Image: Zepeto
There have been a lot of conversations about the metaverse and how it might reshape the future of retail. More and more brands are dipping its toe into the virtual world with digital clothing and collections in the fashion industry. Earlier in March, the fashion industry even held its first major fashion show, ?Metaverse Fashion Week? earlier in March. The beauty industry is also moving in tandem, albeit it is playing catch up with its more established counterpart.
However, that is where the beauty lies. While the metaverse remains to be an evolving space and concept, there are a lot of opportunities for beauty brands to use the virtual world to engage, create and build communities.
The metaverse provides possibly endless ways as it is not confined to limitations of the physical world such as booking a venue or issues pertaining to the supply chain. Users of the metaverse only need to log into the respective platforms and then enjoy the content put out by the different beauty brands.
More than just a marketing tool, beauty brands should not fall into the trap of just jumping onto the bandwagon of the metaverse. There should be a storytelling element that the brand is trying to bring across to their consumers digitall...
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