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Marketing Strategies in the Metaverse for Startup Businesses

December 1, 2022
Marketing Strategies for the Metaverse

The metaverse is not just a passing trend; it’s an evolutionary leap in digital engagement. For marketers, it represents the most significant shift since the advent of social media, moving the goalposts from 2D clicks and likes to 3D presence and immersive experience.

Brands can no longer simply advertise to a user; they must create a world where the user actively chooses to engage with them. Here are the core strategies for building a thriving marketing presence in this new, decentralized, and immersive digital frontier.


1. The Experience is the Advertisement (Immersive Storytelling)

In the metaverse, interruption marketing is dead. Users will simply teleport away from a banner ad. Success comes from making the brand experience so compelling that it becomes the content itself.

  • Virtual Showrooms & Stores: Instead of a static e-commerce page, create an interactive virtual flagship store. Fashion brands like Gucci and Nike have allowed users to browse, ‘try on’ digital wearables via their avatars, and seamlessly purchase the corresponding physical item—or the NFT version.
  • Branded Games & Quests (Gamification): Users in platforms like Roblox and Fortnite are looking to play. Brands should launch mini-games, virtual treasure hunts, or quest-based adventures tied to their products. Wendy’s created an entire world in Fortnite to promote its brand, turning a promotional campaign into a cultural phenomenon.
  • Virtual Events and Concerts: Host massive interactive live events (MILEs). A virtual concert or product launch can reach millions globally without physical limits. These events are not passive; they include interactive elements, exclusive merchandise, and opportunities to socialize, fostering deep community loyalty.

2. Embrace Digital Ownership with NFTs

The metaverse economy runs on digital goods and the concept of genuine ownership, powered by NFTs. Marketers must integrate this technology to build exclusivity and long-term loyalty.

  • Digital Collectibles and Wearables: Design and sell branded NFTs—virtual sneakers, exclusive avatar accessories, or digital art. These items allow users to express their identity and loyalty within the virtual world.
  • NFT-Gated Access: Use NFTs as digital keys to unlock VIP rooms, exclusive content, or private virtual events. This turns a transaction into a lifetime loyalty mechanism, rewarding the brand’s most dedicated fans.
  • Phygital Products: Create a seamless link between the virtual and physical. An NFT purchase could grant the buyer both a unique digital asset for their avatar and the right to buy a limited-edition physical version of the item (or vice-versa).

3. Community is Currency (Platform Strategy)

The metaverse is a network of interconnected platforms and communities, each with its own culture and demographic. A “one-size-fits-all” approach will fail.

  • Platform Selection: Research and select the platforms (e.g., Decentraland, The Sandbox, Roblox, VR Chat) that host your target audience. A luxury brand might prioritize a platform known for high-value NFT trading, while a fast-food brand might target the younger audience on a gaming platform.
  • Co-Creation and UGC: Encourage User-Generated Content (UGC). The most authentic brand extensions in the metaverse are often created by the users themselves. Host contests for designing virtual storefronts or custom virtual products. This not only generates massive content but also gives the community a sense of brand ownership.
  • Virtual Influencers and Avatars: Partner with established virtual influencers or streamers who have built trust within specific metaverse communities. Their avatar-to-avatar endorsement is often more credible than traditional celebrity sponsorship.

4. Leverage Real-Time Data and Personalization

The level of behavioral data generated by users in the metaverse—where they go, what they look at, how long they stay, and who they talk to—is unprecedented. This powers a new dimension of personalization.

  • Contextual Advertising: Forget simply placing a digital billboard. Use AI to deliver personalized, contextual ads that are relevant to the user’s current environment or activity. A user standing on a virtual basketball court might see an immersive, interactive ad for a sports brand.
  • AR Integration: Bridge the gap with Augmented Reality (AR) marketing. Use AR filters on mobile devices to let customers try on virtual items in their physical space, creating a personalized connection before they enter a fully virtual world.
  • New Metrics: Abandon old KPIs. Marketers must track Time Spent Interacting, Virtual Asset Transactions, and Community Growth Rate as the key indicators of success, prioritizing depth of engagement over superficial reach.

The Bottom Line: Be Authentic, Not Intrusive

The most successful metaverse marketing strategies prioritize authenticity and participation over mere promotion. The metaverse is a new space for identity, creativity, and self-expression.

Brands that offer tools for self-expression, provide real value through engaging experiences, and genuinely foster a sense of community will be the ones that thrive, moving far beyond the simple, fleeting engagement of the past and establishing deep, lasting brand affinity in our next digital reality.

Rick Canfield
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