CTV & gaming projected to deliver over £4bn in annual digital ad spend by 2026
Advertising spend on connected TV (CTV) and gaming is predicted to double by 2026, hitting a combined £4.15bn, according to new report IAB Compass
Learn morePosted on: Monday 13 August 2018
Augmented reality looks to be the future of 'try before you buy' - something L'Oreal has long recognised, and is now bringing to Facebook.
Cosmetics brand L'Oreal is leading the way with the future of 'try before you buy', using augmented reality (AR) technology to offer swatches of its beauty products.
The brand is now collaborating with Facebook to provide this AR service, which allows consumers to virtually test out its make-up products on images of their own faces, enabling them to see exactly how they'd look in a selfie or similar.
L'Oreal works with ModiFace to provide these AR product swatches, and its partnership with Facebook is purely tech-based for now. Technology has advanced to such a stage that innovations of this kind are the future of product swatches - gone are the days when simply rubbing a little of a product on the back of the hand would have to do.
Lubomira Rochet, chief digital officer at L'Oreal, commented: "We are at that magical moment when technologies have matured enough and consumer appetite for using them is growing everywhere."
Advertising spend on connected TV (CTV) and gaming is predicted to double by 2026, hitting a combined £4.15bn, according to new report IAB Compass
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