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All the ways marketing and advertising are shaping the metaverse

Jun 30, 2022, 22:42 IST
Business Insider
Entering the metaverse.Iryna Veklich/Getty Images
  • The metaverse is getting a big boost from Facebook, Microsoft, and other tech giants.
  • Marketers are scrambling to play in these virtual spaces, with NFTs, gaming integrations, and more.
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The "metaverse" recently got a big boost from Facebook parent Meta, which is pouring $10 billion into its ambitions there. Other big tech companies including Apple, Google, and Microsoft are working on their versions of the concept.

The vague term refers to a variety of shared spaces and assets that people can access via the internet, sometimes using virtual reality and augmented reality devices, and interact with each other and buy virtual goods.

But Facebook itself says the payoff won't be immediate, and top executives have widely differing expectations of what the metaverse means to them.

Here's a breakdown of Insider's coverage of how marketing is shaping the metaverse and the key people to know.

Read more: Advertisers look to capitalize on the metaverse hype

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Here's what 14 top executives are saying about the 'metaverse'

Advertising execs say they're joining these 5 online communities to get up to speed on the metaverse. Some groups are free, while one Telegram channel effectively costs more than $60,000 to join.

Meta just made its first big metaverse pitch to advertisers. Here's what people in attendance said about it.

Metaverse gaming, VR, crypto, NFTs

Companies of all stripes are racing to enter the metaverse, whether that means building experiences there, engaging in gaming, or buying NFTs using crypto.

Here's a rundown of the ways they're dabbling in the metaverse and Web3; the opportunities for creators, Hollywood, and more; and risks.

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Read more: As some crypto companies cut ad spend by up to 70% amid the 'crypto winter,' brands like Binance and OKX are focusing their marketing on education and responsible investing

Wendy's top marketer breaks down how it's using the metaverse to win the burger wars

Microsoft is building an ad program that will let brands advertise in Xbox games

From The New York Times to CNN, how 9 media companies are using NFTs to open up lucrative new revenue streams

Intellectual property could 'effectively disappear' in the metaverse, according to a top trademark lawyer. Experts detail what brands can do to protect their IP in Web3 environments.

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An influencer-marketing firm wrote a report about how the metaverse will affect the creator economy. Here are 5 key takeaways.

3 NFT insiders predict how Hollywood can maximize the tech in 2022 — from character and IP development to subscription marketing

Experts, jobs in the metaverse

Interest in the metaverse is driving hiring at companies and the creation of new industries.

Agencies like Vayner Media and Roblox leaning heavily into the metaverse, while startups like Curio are raising money on the promise of NFT platforms.

Here's a rundown of the people and companies to know and tips for getting hired.

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Read more: 12 marketers and dealmakers leading the crypto industry's multibillion-dollar spending spree on sports

24 agency executives leading advertisers' charge into the metaverse and Web3

Top advertising executives in gaming and esports

9 NFT companies working with Hollywood studios and creators to drive the future of the blockchain-based tech in entertainment

How these 7 Web3 music startups are taking on the $25 billion music industry, with the backing of artists like Nas, Katy Perry, and The Chainsmokers

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Meet the 21 under-the-radar leaders building the metaverse at Apple, Facebook, Google, Niantic, Roblox, Snap, Unity, and more

Marketers from Crypto.com, FTX, ByBit, and Alchemy share 3 top tips for landing a marketing job in Web3 and crypto

From '3D advertising managers' to 'NFT curators,' get ready for these 8 Web3 marketing jobs of the future, according to the CEO of $10 billion crypto exchange KuCoin

The metaverse is driving investment

Companies are raising millions on the promise of helping build the metaverse. Here's a sampling of all the ways investors are driving growth in the space.

Read more: See the pitch deck Web3 gaming studio Red Door Digital used to raise $5 million in seed funding

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2022 is shaping up to be a big year for advertising M&A. Here are 10 trends to expect, from a jump in e-commerce ad deals to a surge in event marketing interest.

See the pitch deck an AR startup used to raise $13 million in seed funding to bring the metaverse to life

11 advertising companies that are top M&A targets in 2022 as marketers pour money into TikTok and the metaverse

See the pitch deck create-to-earn metaverse startup Chillchat used to raise $1.9 million in seed funding

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