Wednesday, 30 October 2019

Virtual Reality- The New Emerging Future of Advertising and E-commerce

Statistical growth in the sales and revenue of any business is the long-term goal that all the units in an industry aim for. There has been a major decline in the net profit ratios of the organization which were not able to adapt their operations with the upgrading and advancing technological developments in the external environment. However, those establishments who could see the changes coming and modified their product processing and marketing strategies as per these innovations are the successful companies today.



The biggest opportunity that the digital and technological segment threw in the market is the Augmented Reality (AR) and Virtual Reality (VR)which is emerging as the cutting-edge technologies in the tech-savvy era.

VR is prominently made its way into the advertisement industry. All major manufacturing companies are incorporating the technology of Virtual Reality in their advertisement campaigns and highlighting the end product. VR in advertising is serving some great advantages to the established companies and big-business houses.

The foremost benefit of VR in ads is basic to the technology’s nature- the feeling of experiencing fiction in reality. VR is the use of graphics and animations in an artificial environment but so strong in appeal, and it seems as if all the elements are real and not virtual images. This mechanism helps the consumers to connect and feel the product, thus establishing a consumer-product relationship. It leaves a lasting impact on the final user of the product, and he/she is not able to resist himself/herself from purchasing that good or service. VR is playing smartly and tactfully with the consumer behaviour.

Another positive one is that not only target audience engagement is achieved but also it can fetch a lot of information about the product in an accurate, crisp and concise manner. The buyers can have a look at all the available choices of the same product he intends to buy. This gives a major lift to the E-commerce industry. 

VR in E-commerce is luring and attracting the potential buyers the most. The technology is so critically used that one can feel the experience of shopping from an offline store while actually making a purchase online. The websites show a 360-degree view of the store and stacks are filled with clothes which the online store offers. There are shoes, watches, apparels, handbags and other accessories which are available online to buy from. You can try and test as many outfits and intricate accessories on yourself with much ease. This is adding on-to the benefit of the time saving on the consumer’s end and cost-saving for the producers. The only drawback which often pulled down the online shopping trend was its lack of personal touch and feel. With VR tools stepping in, this drawback is also withdrawn, and the elements of feel, personal touch, tangibility appeal needs of the goods is met.

How can you get your business entity to use the VR tools? MAGES Studio is a renowned professional body which is into the field of gaming and animations and are experts in AR and VR technology. They are not only imparting skills in this field to the students but also have designed comprehensive projects using AR and VR in the e-commerce, architecture, engineering, medicine, hospitality industries. They are clever in their approach and know the points to work on. For further information one can visit their website and reach out to them via contact details.

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