Jewelry brands are tapping into the esports market for trophy production
Trend - Jewelry companies are now entering the realm of esports, crafting bespoke trophies for major tournaments and events. Event sponsors frequently design and produce these trophies, which serve to enhance the enthusiasm and demand for similar future events.
Insight - Consumers in the gaming space are drawn to products with reputable organizations or sponsors behind them, and these products also invite new consumers to explore the category based on familiarity. Businesses that recognize the desire for cross-industry collaboration can capitalize on consumer preferences and capture the attention of new audiences who recognize the brands involved. Additionally, companies can create marketing opportunities that foster consumer trust, drive brand loyalty, and contribute to the overall enhancement of consumer experiences.
Insight - Consumers in the gaming space are drawn to products with reputable organizations or sponsors behind them, and these products also invite new consumers to explore the category based on familiarity. Businesses that recognize the desire for cross-industry collaboration can capitalize on consumer preferences and capture the attention of new audiences who recognize the brands involved. Additionally, companies can create marketing opportunities that foster consumer trust, drive brand loyalty, and contribute to the overall enhancement of consumer experiences.
Workshop Question - How can your brand utilize cross-industry collaboration to attract new audiences?
Trend Themes
1. Cross-industry Collaboration - Businesses that recognize the desire for cross-industry collaboration can capitalize on consumer preferences and capture the attention of new audiences.
2. Reputable Sponsorships - Consumers in the gaming space are drawn to products with reputable organizations or sponsors behind them, and these products also invite new consumers to explore the category based on familiarity.
3. Enhanced Consumer Experiences - Companies can create marketing opportunities that foster consumer trust, drive brand loyalty, and contribute to the overall enhancement of consumer experiences.
Industry Implications
1. Jewelry - Jewelry companies are tapping into the esports market, crafting bespoke trophies for major tournaments and events.
2. Gaming - The gaming industry is experiencing an influx of cross-industry collaborations as jewelry brands enter the market to design esports trophies.
3. Marketing - Marketing professionals can leverage reputable sponsorships and cross-industry collaborations to enhance consumer experiences and drive brand loyalty.
4 Featured, 32 Examples:
40,184 Total Clicks
Date Range:
Aug 22 — Nov 23
Trending:
Mild
Consumer Insight Topics:
