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               Future of the Liquor & Spirit Industry


               Based on the Integration of the Metaverse


               By: Rohan Doodnauth, Co-founder — OpaLink
                 I     n late October of 2021, Mark Zuckerberg      try anything, it’s that staying on top of emerging
                       announced his company’s intention to
                                                                    technologies and shifts in consumer trends is vital
                       rebrand from Facebook to Meta and build
                                                                    at the growth of omnichannel marketing and sales,
               an immersive platform fueled by augmented            to the success of our brands and businesses. Look
               and virtual reality (AR/VR). This platform — the     for example. Between December of 2019 and
               Metaverse — will further blur the boundaries         November of 2020, retail wine sales at multi-outlet
               between our online digital lives and our more tan-   stores in the US grew by some 11.4%. For some
               gible, physical ones. In his 2021 Founder’s Letter,   businesses in the industry, this operational pivot
               Zuckerberg remarked how the Metaverse “will          spelled the difference between surviving or closing
               touch every product we build,” and will allow users   during the initial stages of the pandemic.
               to socialize, attend events, create, work, shop, and
               more in ways that transcend how we think about         With these notions in mind, it’s difficult for us
               the internet and digital technology.                 not to consider how the Metaverse could impact
                                                                    the liquor industry as a whole. According to
                 If the past few years have shown the liquor indus-  Zuckerberg, the Metaverse aims to become a new

               32      April - May  2022       BEVERAGE MASTER





          BM040522 Main Pages.indd   32                                                                             3/25/22   1:25 PM
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