Metaverse to disrupt e-comm experience

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#Metaverse technology will allow brands to offer shoppers a highly personalized digital experience. Where, the shoppers are able to purchase products and brands that don’t have a physical presence in their regions but can still be acquired online and delivered right at their doorsteps.

The metaverse is reshaping the way brands do business and how consumers behave. Right now, we’re seeing big and small companies across various sectors venture into the digital world.

According to Statista, the global e-commerce market reached $4.9 trillion in 2021 and is expected to hit $5.5 trillion in 2022. E-commerce platform, Shopify, stated that the growth of the global e-commerce market shows that “borderless e-commerce is becoming a profitable option for online retailers.”

While e-commerce represents a divide between physical and digital shopping experiences, the emergence of the metaverse can bridge the gap between e-commerce and brick-and-mortar retail to create a whole new shopping experience that could disrupt e-commerce.

Metaverse technology such as AR-powered try-on experiences already allows shoppers to virtually try on products before making the purchase, transforming 2D catalogues into real-time experiences in the digital world.

The potential of the metaverse to connect customers with brands in ways that create an exceptional emotionally positive experience cannot be understated. The metaverse will empower customers to traverse the virtual and physical worlds when connecting with the business of their choice, turning the notifications and transactions of the past into intelligent, real-time conversations — that is what will differentiate businesses moving forward.

70% of customers believe the ability to try, touch and see products are the main aspects of an in-store experience. This is going to be solved and fulfilled in the metaverse, as AR and VR allow the same to happen, all from the comfort of your home.

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  • Watch Metaverse to disrupt e-comm experience Video
    Metaverse to disrupt e-comm experience

    #Metaverse technology will allow brands to offer shoppers a highly personalized digital experience. Where, the shoppers are able to purchase products and brands that don’t have a physical presence in their regions but can still be acquired online and delivered right at their doorsteps.

    The metaverse is reshaping the way brands do business and how consumers behave. Right now, we’re seeing big and small companies across various sectors venture into the digital world.

    According to Statista, the global e-commerce market reached $4.9 trillion in 2021 and is expected to hit $5.5 trillion in 2022. E-commerce platform, Shopify, stated that the growth of the global e-commerce market shows that “borderless e-commerce is becoming a profitable option for online retailers.”

    While e-commerce represents a divide between physical and digital shopping experiences, the emergence of the metaverse can bridge the gap between e-commerce and brick-and-mortar retail to create a whole new shopping experience that could disrupt e-commerce.

    Metaverse technology such as AR-powered try-on experiences already allows shoppers to virtually try on products before making the purchase, transforming 2D catalogues into real-time experiences in the digital world.

    The potential of the metaverse to connect customers with brands in ways that create an exceptional emotionally positive experience cannot be understated. The metaverse will empower customers to traverse the virtual and physical worlds when connecting with the business of their choice, turning the notifications and transactions of the past into intelligent, real-time conversations — that is what will differentiate businesses moving forward.

    70% of customers believe the ability to try, touch and see products are the main aspects of an in-store experience. This is going to be solved and fulfilled in the metaverse, as AR and VR allow the same to happen, all from the comfort of your home.

    Technology video | 75 views

  • Watch Employee Experience is the art behind Customer Experience Video
    Employee Experience is the art behind Customer Experience

    #PranayAnand, Vice President, #NTTGlobal and #AssafTarnopolsky, Senior Vice President and GM, #GenesysAPAC
    In this thought-provoking video, we delve into the profound connection between employee experience (EX) and customer experience (CX) and discover how the former serves as the artistry behind the latter. We explore how organizations that prioritize and invest in fostering a positive and fulfilling employee experience inevitably create an environment where exceptional customer experiences flourish.

    Through insightful interviews and real-life examples, this video underscores the critical role of employees in shaping customer perceptions and satisfaction. It highlights the undeniable link between engaged, motivated, and empowered employees and the delivery of memorable customer experiences.

    By examining successful companies renowned for their outstanding CX, we unveil the strategies they employ to create a harmonious blend of EX and CX. From establishing a culture of empathy and trust to providing ongoing training and development opportunities, these organizations recognize that the happiness and well-being of employees directly translate into happier, more loyal customers.


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    #varindia #newshour #EmployeeExperience #CustomerExperience #EXandCX #EmployeeEngagement #CustomerSatisfaction #WorkplaceCulture #EmployeeMotivation #CustomerCentricity #CXStrategy #PositiveWorkEnvironment #EmployeeEmpowerment #CustomerPerception #EmployeeWellbeing #CXSuccess #Teamwork #EXInvestment #CXJourney #EmployeeH

    Technology video | 127 views

  • Watch Meta tech can track your eye movements as you roam the metaverse Video
    Meta tech can track your eye movements as you roam the metaverse

    #Meta has a patented technology to track people's eye movements and facial expressions while they roam the metaverse and body poses as well as create “virtual stores” that sell ad-sponsored digital goods in an effort to monetize the metaverse, dozens of recently filed patents suggest. The company was recently granted dozens of patents involving metaverse technology. It said that one of those patents detailed how sensors inside a headset would track a user's facial expressions to 'adapt media content' for them. The metaverse refers to a future vision of the internet which people primarily access through immersive technologies including virtual and augmented reality, which require special headsets. Meta is a metaverse evangelist, rebranding from Facebook last October to reflect its mission of becoming a metaverse company. In an interview, Meta global affairs chief Nick Clegg said that metaverse eye-tracking data could help advertisers 'understand whether people engage with an advertisement or not. While this wording is vague, one potential application could be that a user's virtual avatar would mimic their real-life facial expressions.

    Meta uses biometric data in order to create a more realistic digital avatar using virtual reality or augmented reality. Meta also plans to collect data on users so that it could tailor specific ad content while they immerse themselves in the metaverse, the patent filings suggest. One patent filing shows a sketch of a “wearable magnetic sensor system” that the user places around their torso for “body pose tracking. Another patent can detect a user’s facial expressions through a headset. The system would then compute the expressions and “adapt media content” based on its findings. The company is essentially following the same business model that translated into tens of billions of dollars in profit through its social network. Meta also filed a patent for a headset that is equipped with cameras and se

    Technology video | 82 views

  • Watch Security breaches in Metaverse Video
    Security breaches in Metaverse

    A report says, an average website is attacked 62 times each day. Needless to say, businesses that are scaling their digital operations need the power to protect their users’ data while also proactively checking for and verifying potential threats to security. That level of protection is only possible with solutions that consider both cybersecurity and cyber resilience.

    Cybersecurity and cyber resilience solutions are continually adapting to increasingly complex cyber threats. #Cybersecurity and cyber resilience are two strategies to safeguard sensitive information such as a user’s personal and financial data, but they achieve their goals during different stages of a cyber-attack.

    Firewalls and antivirus protection, for example, are cybersecurity tools that proactively monitor for threats in network traffic. Cyber resilience, on the other hand, entails hardening data assets’ existing defenses against attacks that are already underway.

    With the rise of virtual and mixed reality spaces, new types of attacks on new targets are becoming more likely. Any possible virtual world festivals or events would be an obvious target, although with far fewer consequences than attacks on similar events in the physical world.

    While such attacks may cause only minor physical harm, the large sums of money being exchanged for virtual products and virtual real estate could result in significant financial losses for the victims.

    With massively increasing volumes of data being stored and traversing networks, cybercriminals have far more targets than ever before. Experts say, #Metaverse plays a more dominant role both in terms of brands as well as transaction and the chances of fraudulent activities has increased. Various issues metaverse can cause in theft of data due to the system being faulty. Social engineering can lead to identity theft, among others.

    A decentralised identity management solution is highly needed because it allows co

    Technology video | 102 views

  • Watch Meta partners with FICCI & NeGD to train developers in Metaverse Tech #shorts Video
    Meta partners with FICCI & NeGD to train developers in Metaverse Tech #shorts



    Meta partners with FICCI & NeGD to train developers in Metaverse Tech #shorts

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  • Watch Data privacy and misinformation will continue to haunt Meta in the metaverse | VARINDIA News Hour Video
    Data privacy and misinformation will continue to haunt Meta in the metaverse | VARINDIA News Hour

    Data privacy and misinformation will continue to haunt Meta in the metaverse | VARINDIA News Hour

    #Meta’s disappointing Q4 2021 results have put even more pressure on the social media giant to get its #metaverse experiment right. More than three years after the Cambridge Analytica scandal, Meta still falls short of a credible strategy on data privacy and misinformation and these issues will continue to dog the company as it enters the metaverse, says #GlobalData, a leading data and Analytics Company. As per GlobalData, “Meta has left several metaverse-related questions unanswered. These include how its advertising business model will work without relying on targeted advertising and how it can ensure consumer safety in this digital world. The flood of misinformation on its Facebook platform has tarnished Meta’s reputation, and it’s likely that online harm and harassment will only amplify in the metaverse. It is still unclear how Meta will reconcile the need to monetize the metaverse with the promise of building a privacy-friendly virtual environment. As on its flagship social media platform, targeted advertising will lie at the root of data privacy and misinformation issues in Meta’s metaverse.

    Meta’s weak outlook shows that the social media company still bears the scars of Apple’s iOS changes. It will need to dismantle its platforms’ targeted advertising infrastructure and replace it with a privacy-centric one. At the same time, the company is investing heavily in the metaverse, particularly augmented and virtual reality technologies, which has impacted profitability.” A report says, a number of companies are discussing that the metaverse rose every quarter in 2021. Virtual and augmented reality, digital media, artificial intelligence, and mobile gaming were some of the metaverse-related themes discussed on 2021 earnings calls. ‘Metaverse’ largely appeared on transcripts and is a tell-tale sign of analysts also being more curious about investments

    Technology video | 142 views

  • Watch Metaverse in Healthcare Video
    Metaverse in Healthcare

    It is undoubtedly true that #digitalhealth is on the booming stage and today, many people are unaware of how the metaverse can revolutionize multiple industries, including the healthcare sector, but the larger question is - can it bring the cost down while we embed all of them together to create the new health metaverse, in complying within the regulation.

    The Metaverse is expected to be an effective tool to help perform complicated surgical procedures and enhance patient care. As surgical procedures were already using robotics, now complicated surgeries are all set to use Augmented Reality and for efficient diagnosis are using tech such as smart glasses.

    At the same time, Virtual reality is getting used by doctors and experts to train fellow doctors and medical staff, wherein virtual reality can be leveraged to take a learner within a human body and can provide 360 degree view of a patient's ailment or to replicate procedures that are applied in the real world.

    The entire interactions can be recorded and viewed over the desktop screens to provide minute details. There has been the use of Augmented reality in Surgical procedures, as surgical procedures were already using robotics, now complicated surgeries are all set to use augmented realities.

    Be it removal of cancerous tumors or performing a complicated spinal surgery, doctors are looking forward to new ways of performing these surgeries with precision. Usage of robotics or what is also known as robot assisted surgeries were already in use to perform complicated procedures with precision and flexibility.

    Microsoft is supporting different tech stacks to build metaverse apps rapidly, this space is definitely going to get crowded. Some of the tech stacks are provided by Microsoft on Azure around Metaverse, similarly AWS is moving ahead with the concept of digital twins. The value of Digital Twins is using this data to derive actionable insights, which is achieved

    Technology video | 110 views

  • Watch Bengaluru airport launches BLR Metaport for experiencing T2 in metaverse #shorts Video
    Bengaluru airport launches BLR Metaport for experiencing T2 in metaverse #shorts



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  • Watch Metaverse Pushing Data Usage | 20 Times in 10 Years | VARINDIA News Hour Video
    Metaverse Pushing Data Usage | 20 Times in 10 Years | VARINDIA News Hour

    Metaverse Pushing Data Usage | 20 Times in 10 Years | VARINDIA News Hour

    #VARINDIA_News_Hour #VARINDIA #Breaking_News

    The transition of digital ecosystem to #metaverse, where a person will feel immersed in a virtual world, will have the direct impact on the data usage like screen time and consumption of the bandwidth by 20 times across the globe by 2032 and telecom operators, Bharti Airtel and Reliance Jio are suitably placed to benefit from the surge in India, as per the report from Credit Suisse. The report said metaverse has enormous potential to further expand screen time and drive more bandwidth consumption. 'Internet traffic is already 80% video and has been growing at a 30% CAGR. Augmented reality and virtual reality technologies are expected to see a boom as these are the technologies that are required for accessing the metaverse. According to the report, while 5G will support the metaverse ecosystem, the emergence of 6G will enhance metaverse use cases. It said the gaming segment is one of the segments where early use cases of metaverse are expected.

    The report highlighted that gaming is at an early stage in India and mobile gaming is being driven by mobile phones due to the emergence of affordable smartphones and 4G data services. Mobile internet remains the key medium for Indian users to go online, given relatively low fixed broadband penetration. The share of mobile gaming in online games is expected to increase in future, the report said. The report added that India is one of the leading countries in the world in terms of number of hours spent on mobile per day but it has low penetration of fixed broadband compared to global peers, which will be key to realise the full potential of metaverse. While it is too early to determine the impact of metaverse on Indian telcos' revenues, we believe Bharti Airtel with 17 percent of revenues from fixed line and Jio are well placed to benefit from surge in data usage driven by me

    Technology video | 112 views

  • Watch Adoption of Metaverse Video
    Adoption of Metaverse

    The #metaverse has the potential to impact everything from employee engagement to the customer experience, omnichannel sales and marketing, product innovation, and community building. Examining its potential effect should be part of strategy discussions, with leaders accelerating their analysis of how the metaverse could drive a very different world within the next decade.

    Of course, many questions remain to be answered including how virtual worlds will be balanced with the physical world to ensure the metaverse is built in a responsible manner, how it can be a safe environment for consumers, how closely it will align with the “open” vision of the next iteration of the internet, and whether technology can advance quickly enough to build the metaverse of our imagination.

    The metaverse technology stack has four core building blocks: content and experiences, platforms (such as game engines), infrastructure and hardware (including devices and networks), and enablers (such as payment mechanisms and security).

    Large technology companies, venture capital, private equity, start-ups, and established brands are seeking to capitalize on the metaverse opportunity. Corporations, venture capital, and private equity have already invested more than $120 billion in the metaverse in the first five months of 2022, more than double the $57 billion invested in all of 2021, a large part of it is driven by Microsoft’s planned acquisition of Activision for $69 billion. However, experts say, Metaverse is a double-edged sword.

    With the vast and sophisticated data that will be collected within the metaverse, cybercriminals will be looking for ways to hack and game the system. Prevention of money laundering, microtransactions, intellectual property, and identity theft should be prioritized by financial firms building a metaverse, or offering products and services in one, so users feel safe using this technology. Because, as the saying goes, “with great power

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    If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in th

    Cooking video | 406 views

  • Watch Which is the First BAR in India? Do you know? | भारत में पहला BAR कौन सा है? | #shorts Video
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    Disclaimer:
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    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho

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    एक Wine की बोतल की सेल्फ लाइफ क्या होती है? | What is the shelf-life of a bottle of wine? | #shorts

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    My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
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    Home Bar Accessories - https://amzn.to/3LedEOv
    Glassware - https://amzn.to/3KRPSrf
    Ice mould - https://amzn.to/3EWlecr

    Disclaimer:
    The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.

    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink kn

    Cooking video | 467 views