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Retailers are gamifying shopping with virtual storefronts to boost engagement, loyalty - TL;DR CNBC

Retailers are gamifying shopping with virtual storefronts to boost engagement, loyalty

Publishing timestamp: 2023-06-09 12:00:01


Summary

J. Crew is launching a virtual beach house in celebration of its 40th anniversary with the help of Obsess, an experiential e-commerce platform. The virtual storefronts created by Obsess offer interactive games and immersive experiences, leading to better conversions and increased engagement. The use of virtual stores is on the rise, with Obsess powering over 200 virtual stores that have attracted millions of shoppers. The goal is to create a more engaging and user-friendly online shopping experience through the use of avatars, games, and interactive elements.


Sentiment: POSITIVE

Tickers: JNJCROXGOOGLMAT

Keywords: alphabet incbreaking news: technologyretail salesbusiness newsjohnson & johnsonvirtual reality technologymattel incbreaking news: businesstechnologyonline retailcrocs incretail industrybusiness

Source: https://www.cnbc.com/2023/06/09/j-crew-launches-virtual-beach-house-storefront-for-40th-anniversary.html


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