Metaverse is here to stay and retailers are expected to start prepping now to make the leap

Right now, metaverse retail might sound like a niche, but we all know the mainstream adoption is just within reach

Ever since Covid hit our world, many sectors have been on quite a ride. The retail sector took the most damage as it was going through the transformation phase. There has been a massive change in business models, supply chains, and markets for almost every participant in the retail segment. Many roadblocks affected the growth of retail, along with unplanned digital lead and supply chain nightmares. With all the things happening with retail, the industry is prepping to shift its focus to the metaverse.

Right now, metaverse retail might sound like a niche, but we all know the mainstream adoption is just within reach. Retailers who are prepping now can only make the jump at the right time. As of now, the focus of buying and selling in the metaverse is just for games. Players of popular games like Roblox and Fortnite are trading digital assets within the platform, and some real-world brand like Gucci has also entered the metaverse. Virtual goods are being sold for real money, and Gucci is selling its Virtual 25 sneakers at $12.99 a pair. What is very interesting to note here is the fact that the virtual world is now transforming itself into a recognizable real world.