If you’re like most people, you’ve probably heard of augmented Reality but don’t really know what it is. Augmented Reality is a type of technology that combines digital elements with the real world. This can be done through smartphones and tablets or special glasses or goggles. It can be used for fun things like gaming or more practical purposes like marketing or education. There are many ways to make money with augmented reality, and here are just a few.
How to make money with augmented Reality: ways you can start earning today
- Develop an AR app: This is probably the most obvious way to make money with augmented Reality but is also one of the most effective. By developing an AR app, you can offer a service or product that people can use in their everyday lives. This could be anything from a game to a productivity tool. There are many ways to make money from an app, so this is worth considering if you have the skillset.
- Create AR experiences: If you’re more of a creative type, you might want to consider creating augmented reality experiences. This could involve anything from setting up an art installation that people can view through their phone’s camera to creating a marketing campaign for a brand that uses AR.
- Develop AR hardware: Another way to make money with augmented Reality is to develop hardware that can be used to create AR experiences. This could be anything from a simple headset that people can use to view AR content to more complex systems that businesses can use to create immersive environments.
- Invest in AR technology: If you’re not interested in developing augmented Reality, you could always invest in the technology. There are many different startups and established companies working on AR projects, so there are plenty of opportunities to get involved. This could be a great way to make money if you have some spare cash and want to support the growth of this emerging industry.
- Be an early adopter: One of the best ways to make money with any new technology is to be an early adopter. This means getting in on the ground floor and taking advantage of the available opportunities. With augmented Reality, there are plenty of opportunities to do this, so if you’re interested in making money from this technology, it’s worth considering.
Augmented Reality monetizing strategies worldwide
As the technology of Augmented Reality (AR) continues to evolve, so do how companies are finding to monetize it. From in-app purchases and advertisements to subscription models and pay-per-use, there are various options for those looking to cash in on the growing popularity of AR.
One of the most common ways to monetize AR is through in-app purchases. This can take many forms, allowing users to buy virtual objects or experiences within an AR game or app. For example, in the popular mobile game Pokemon Go, players can purchase items like eggs and lures to help them catch more Pokemon. This type of in-app purchase is known as microtransaction.
Another way to monetize AR is through advertisements. This can be done by placing ads in AR apps or games or serving ads to users viewing AR content through an internet-connected device, such as a smartphone or tablet. For example, the popular AR game Ingress serves location-based ads to players as they move around the real world.
Another option for monetizing AR is subscription models. This involves charging users a monthly or yearly fee for access to an AR app or service. For example, the New York Times offers an annual subscription to its NYT VR app, which gives users access to a library of virtual reality experiences.
Finally, some companies are exploring pay-per-use models for their AR offerings. This could involve charging users each time they use an AR app or service or for each minute they spend viewing AR content. For example, the Wall Street Journal’s new AR app allows users to view threeD models of news stories but charges a fee for each story that is viewed.
As the AR market grows, we can expect to see even more innovative ways to monetize this exciting new technology.