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Danny Bass moves to Snap as director business solutions ANZ
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This is the digital tool driving a 94% higher conversion rate
By Imogen Bailey | 28 June 2021
Snapchat has revealed the key Australian findings from its comprehensive report into augmented reality (AR) experiences and their impact on brands.
The research comes as more fashion brands, including Michael Hill and P.E Nation, experiment with AR try-on experiences.
The report found that interacting with products that have AR experiences leads to a 94% higher conversion rate, as individuals can better assess and feel connected with brands.
Meanwhile, brands are 40% more likely to be considered if they have a branded AR experience, while consumers who view AR as a social activity are 20% more likely to purchase products from the brand.
BY
Marija Mrvosevic ON 17 May 2021 3 min read
Deloitte Digital and Snap Inc. partnered to create a comprehensive and global Augmented Reality (AR) study. The study looks at how brands can leverage AR to create personalised, engaging experiences that consumers have come to expect, and specifically how consumers respond to AR marketing.
The report gathered insight from 15,000 international respondents, including 1,000 Australian respondents, and over 50 AR industry experts.
Here are the key findings from the Australian report:
There are 100 million consumers shopping with AR online and in stores. 94 percent of Snapchat users agree they’ll use AR the same amount or more when shopping next year.