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by Justin Crann
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Beth Sidhu
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ARound aims to help brands turn augmented reality from an individual to a communal experience.
At CES this week, holding company Stagwell debuted a new augmented reality technology it believes will provide a low-barrier entry for many brands and marketers into the metaverse.
The technology, called ARound, is a platform that eschews the often highly individualized AR experience and instead seeks to open it up, allowing venues and retailers to create attractions in the virtual space for their live events, better capturing guests’ attention, personalizing their experiences and increasing brand engagement.
“The purpose of ARound is to change augmented reality from something you do alone in a room with a headset into something you can do as a shared experience, because we believe the most effective experiences for brands, marketers and advertisers are those that are experiential, persistent and shared,” explains Beth Lester Sidhu, chief brand and communications officer with Stagwell.
The technology allows venues, retailers, and others with large spaces that would typically see plenty of traffic to capture that space, build an AR version of it, and then layer different experiences – such as games, direct purchasing, and other interactive elements – on top of it.
As an example, Sidhu cites the MLB mascot race, which typically involves a limited number of participants on an actual baseball field between innings. Rather than being limited to physical space and a small number of participants, teams – including an unnamed franchise which is already employing the ARound platform – can open the experience up to many more participants. H&M was also among the retailers involved in a test conducted last year.
While the applications for the platform are “tremendous,” says Sidhu, “there’s a lot of education.”
“Clients are interested in the product and how they can use it,” she explains. “Marketers want to be at the forefront of what is interesting to consumers, and consumers are excited about AR. But it is hard for most brands to figure out how to play in the space.”
While ARound isn’t a turnkey solution, it is “a scalable way for brands to interact with AR with relative ease and without spending millions of dollars.”
“The power of ARound is in connecting our physical spaces with AR. If we bring those two things together, we can create amazing opportunities for brands, consumers and marketers – really, anybody who wants to be at the forefront,” says Sidhu.
ARound is part of the broader Stagwell Marketing Cloud, which was fully unveiled at CES this year. A suite of integrated SaaS products, it also includes Harris Brand Platform, which provides daily insights on KPIs like brand perception, equity, sales funnels and the impact of marketing campaigns on customer behavior and perceptions; Koalifyed, an end-to-end influencer marketing application; and PRophet, a PR application that uses AI to predict media interest, sentiment and spread of a press story prior to pitching.
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ARound brings interactive shared experiences to the metaverse.
NEW YORK, Dec. 16, 2021 /PRNewswire/ — Stagwell Inc. (NASDAQ: STGW) announced today it will launch an innovative, location-based augmented reality platform, ARound, bringing shared experiences to live events and the retail space by engaging audiences through connected interactions in the metaverse. Stagwell will unveil and demo ARound at CES 2022, within its CES booth #CS-10 in the C-Space at Aria and during CES Unveiled on January 3 at Mandalay Bay and Pepcom Digital Experience on January 4 at The Mirage.
ARound helps venues and retailers create AR attractions for live events, bringing audiences together at scale where they can play, interact, and socialize in completely new and exciting ways. Stadiums and sports teams can now engage casual fans or customers by recapturing their attention and personalizing their experiences. Retail consumers will benefit from a more connected, immersive community experience that increases brand engagement.
“Until now, AR has focused on the individual – but ARound recognizes that the best connections come from shared experiences that connect individuals to the world around them,” said Josh Beatty, ARound founder and CEO. “Location-based AR is a relatively new and evolving space, and spatial computing represents the next major computing innovation – one that will focus less on the way we receive information and more on the way we connect with what is around us. While devices often cause distraction, ARound enables users to be more present at events, connecting people and places through shared technology.”
“Consumers have lost patience for boring, impersonal, and disconnected marketing. And the race for their attention in today’s digital marketplace couldn’t be tighter,” said Mark Penn, Chairman and CEO, Stagwell. “ARound offers clients an opportunity to chart a new course in a powerful – and fast growing – dimension of consumer experiences. We’re proud to support Josh as he works to bring the product to life,” said Mark Penn, Chairman and CEO, Stagwell.
ARound is currently being trialed by global retailer H&M, as well as a Major League Baseball team at their stadium. More partners will be announced early next year.
ARound is the newest product from the Stagwell Marketing Cloud, Stagwell’s growing suite of technology products and services that support business transformation for modern marketers. It was developed as the winning idea at Stagwell’s annual innovation competition, which challenges teams to pitch new product ideas to modernize marketing services and pre-empt the needs of tomorrow’s leading brands. As a winner, ARound received capital and resources from Stagwell to build and launch the product as well as ongoing executive mentorship from the company’s marketing and technology services leaders.
Stagwell Marketing Cloud – powered by a global workforce of 1000+ engineers – arms modern marketers with a toolbox of capabilities spanning influencer marketing, audience segmentation, AI-powered communications tech, competitive brand intelligence and cutting-edge technology in the developing spaces of AI, ML, AR/VR, data processing and fraud detection. Stagwell’s products include Koalifyed, CUE, PRophet, Harris Brand Platform, Telephia, Truly Social, Stage, and Navigator.
To schedule a product demo of ARound at Stagwell’s CES booth, #CS-10, contact (brand@stagwellglobal.com). To schedule a media interview with AR founder, Josh Beatty, contact Pam Golden at pam@GLAPR.com.
About Stagwell Inc.
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 10,000+ specialists in 20+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
Media Contact
Beth Sidhu
beth.sidhu@stagwellglobal.com
202-423-4414
SOURCE Stagwell Inc.
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