Why Marketers Shouldn't Get Overexcited About Virtual Reality as a Branding Tool

Virtual reality is an extraordinarily hot topic right now in media and technology circles. We've seen some amazing developments in recent years, but for the purposes of marketers, technology has not caught up with needs. Beyond functioning, we need it to scale and affect consumer behavior. This will likely happen in time, but many years from now. To understand why there is so much buzz in adland about VR and why expectations need to be contained, it's worth taking a look back. Andy Maskin Illustration: Alex Fine In the 1990s, there was a spike of interest on the subject. Books like Snow Crash and movies like The Lawnmower Man ignited the imagination, and virtual reality games started popping up in arcades. And then, unlike most major innovations of that era, it seemed to fizzle out. Fast forward to 2012, and the advent of Oculus Rift reawakened the sleeping giant. Since its legendary Kickstarter campaign, other players have rushed into the market including Samsung. The acquisition of Oculus Rift by Facebook caught many off guard and has many wondering whether this time VR is for real. The original wave of VR excitement was really built on metaphor. The idea that computers could connect to each other was relatively new to most outside academia and the military. Just as the physical world concept of folders holding documents was borrowed to explain how computer files were organized, people shopped in online stores and met in chat rooms. Once it clicked for people... Continue reading at 'AdWeek'

[ AdWeek | 2015-09-21 00:00:00 UTC ]
News tagged with: #financial services #programmatic buying #adweek magazine

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Holtzbrinck And BCP Agree to Merge Science and Education Brands

Holtzbrinck Publishing Group, owners of Macmillan Science and Education, and BC Partners, owners and fund advisors of Springer Science+Business, have reached a merger agreement to join the two groups. Holtzbrinck, whose portfolio includes Nature and Scientific American, will hold 53 percent of... Continue reading at Folio Magazine

[ Folio Magazine | 2015-01-16 00:00:00 UTC ]
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Ad Age's 2014 Magazine A-List: Vice Is Magazine Brand of the Year

For most magazine companies, 2014 was a difficult year. Backs against the wall, publishers looked beyond print for growth -- to digital media, live events, consumer products and TV deals.Vice magazine is way ahead of them.The free magazine founded in 1994 as Voice of Montreal has grown into one... Continue reading at Advertising Age

[ Advertising Age | 2015-01-12 00:00:00 UTC ]
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German print market ends 2014 down 2%

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[ The Bookseller | 2015-01-09 00:00:00 UTC ]
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Coming in 2015: reality check for VC-engorged digital media

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[ Digiday | 2015-01-06 00:00:00 UTC ]
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Reedsy Debuts Skills Market, Plans Curated Imprint

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[ Publishers Weekly | 2015-01-02 00:00:00 UTC ]
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Print market solid in 2014

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[ The Bookseller | 2014-12-31 00:00:00 UTC ]
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This Year's 10 Biggest Shifts, Shake-ups and Surprises in Mobile Marketing

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[ AdWeek | 2014-12-30 00:00:00 UTC ]
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Why Content Marketing Is an All-In Proposition

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[ Advertising Age | 2014-12-30 00:00:00 UTC ]
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10 Must-See Digital Marketing Stats From the Week: Dec. 15-19

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[ AdWeek | 2014-12-20 00:00:00 UTC ]
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[ Publishers Weekly | 2014-12-19 00:00:00 UTC ]
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[ Folio Magazine | 2014-12-19 00:00:00 UTC ]
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Germany's Thalia 'off the market'

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[ The Bookseller | 2014-12-18 00:00:00 UTC ]
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[ The Bookseller | 2014-12-16 00:00:00 UTC ]
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[ Editor & Publisher | 2014-12-11 00:00:00 UTC ]
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[ Digiday | 2014-12-10 00:00:00 UTC ]
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[ The Bookseller | 2014-12-09 00:00:00 UTC ]
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Verizon Kills Its Content Marketing Baby

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[ Advertising Age | 2014-12-03 00:00:00 UTC ]
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Russell Brand: 'schools without libraries are a disgrace'

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[ The Bookseller | 2014-11-27 00:00:00 UTC ]
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[ The Bookseller | 2014-11-27 00:00:00 UTC ]
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[ Betanews | 2014-11-25 00:00:00 UTC ]
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