SEG3 2023 - Key Takeaways
InCrowd's Joshua Holland-Bedson and Ben Hayward attended the SEG3 event on the 28th and 29th June, at the iconic Emirates Stadium. Two days of incredible insight into the roles of new technology in creating valuable digital experiences. Josh and Ben sat down with Helen Nicholls to discuss key takeaways from the event; what's "hot" and what's "not", what the future looks like in this space and importantly how we can utilise new tech effectively for sports audiences.
Key takeaways:
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Making it work for sports audiences:
Gamification and emerging WEB3 technologies present a new and incredibly exiting layer of engagement opportunities on top of sports.
Although the barrier to entry is high for some WEB3 technologies, other industries (including the digital fitness and gaming spaces) have demonstrated with great success that mainstream technologies can be used to great effect to deliver equally, if not more, engaging experiences right now.
As it stands, the sports industry is somewhat at the start line but by embracing new technology and applying them in a way that works for sports audience and doesn't just "tick the technological innovation box", we can bring fans closer to the action; build valuable communities; help fans feel rewarded and valued; and open up the excitement & passion of fandom to fans of all walks of life, irrespective of their individual circumstances or ability to attend.
By enabling all-new digital inventory for rights-holders and brands, and by building upon the habits, emotions and communities which sit at the core of sports fandom, these technologies are set to revolutionise the digital sports experience for fans around the world.
Furthermore, the benefits don't stop with the fan; there is a wealth of untapped commercial benefits for any club, league or rights-holder who wants to maximise on this opportunity to create added value. The ability to reach new audiences domestically and internationally through connection and the capture of first party data brings the ability to incentivise new habit-forming behaviours among fans including membership/ticket purchases, and educating & encouraging fans to engage with other teams beyond the first-team. There is also the opportunity to create significant new revenue streams for brand partners and sponsors across the array of brand new, high traffic and high engagement digital inventory.
Want to discuss this further with InCrowd's experts? Get in touch via [email protected] in order to set up a no obligation, 30 minute chat.