7 Strategic Benefits of Augmented Reality for Your Business In 2021
Virtual Reality (VR) and Augmented Reality (AR) have quickly become the most popular and important elements of the digital ecosystem. The actual and artificial worlds are computer-generated in these two cutting-edge technologies. They assist businesses, particularly app development companies, in conducting continuous experiments and developing excellent mobile applications that are in line with current digital trends and produce the best results for their startups or existing businesses. Because the market is flooded with mobile applications, your app’s USP has a significant impact on its reputation among users. AR and VR are two technologies that may attract attention and distinguish your software from others in its field. So, let’s deep-dive into AR and its strategic benefits today in our blog post.
What’s Augmented Reality?
It isn’t a new technology; in fact, it was invented in 1968 at Harvard University by computer scientist Ivan Sutherland. It has been utilized for decades in the aviation and military sectors using head-mounted displays for simulations, and it has been enhanced by everyone from university labs to companies and the military. What can augment reality do for your company? Well, there are a slew of advantages to implementing augmented reality in your business right now. This article will further demonstrate how many well-known organizations are already doing so, as well as how it benefits them.
How AR Can Help Your Business Grow?
AR not only makes your mobile apps distinctive and inventive, but it also provides an entertaining and time-saving experience for your consumers. Leaders in the IT sector, including Microsoft, Apple, and Google, see AR as a promising technology that will continue to generate profits over time. AR uses a green tick to deliver power and surprise to a customer’s fingers in a visually appealing and individualized package. Let’s look at both the AR and non-AR approaches to app development. With AR technology, you can support your business to stand out from the rest. Around 70% of customers have maintained they would go shopping more if they got AR. Whereas, about 61% of customers wish to shop from retailers with AR-enabled shopping experiences. It’s projected that by 2022, the usage of this technology in merchandising will increase from 1% to about 5% and more approximately.
Plan Wisely For Every Project To Save Time & Costs
When you sit to plan for your mobile app or any other software development project you need to always choose your options wisely. Several factors will play their part and it will be important for you and your team to outline them. Let it be AR development or just any other type of software development – There is no denying that when you start building one – you get to have a lot of questions theoretically. As this is an important determination – best will be if you write down things like:
- What and how do you envision your project to play its role?
- What type of app or software will go with your business model?
- What do you want to achieve with this development?
- What problems are you trying to solve?
- How quickly can it be built?
- Which platform works well?
- Which company will take care of this project?
- Functionalities, designs & much more
Thus, choose wisely and hire a certified IT company to play the role of bringing your idea to life. Now, let’s jump to the benefits of augmented reality for your business below.
1. Augmented Reality Lets The Customer Feel The Store
AR is being utilized by corporations like IKEA, which has taken use of the technology to let their consumers see how IKEA’s furniture would appear in their homes firsthand. Being able to set a virtual piece of furniture in your house and see how it would appear if it were true is a once-in-a-lifetime experience. The converse is also experimenting with augmented reality. Developing an augmented reality (AR) Shoe Sampler software that allows buyers to visualize how Converse shoes might appear on their feet.
Here Are Some Examples To Understand
Converse and IKEA have devised mechanisms that engage customers more deeply than standard applications that just bring them to the store because their AR apps allow users to visually experience things as if they already owned them. Another example is Sephora’s app, which not only permits online buying but also offers an augmented reality beauty section where potential consumers may try on blush, eyeshadow, lipstick, lashes, and more. Using augmented reality, the product is realistically applied to the user’s face. There are no images necessary because everything is done in real-time without the need for a click. For those who use cosmetics and accessories, using the app is a highly pleasant, helpful, amusing (and appealing) experience.
2. Enhances Customer Experience
AR allows you to put a product in the hands of a customer without them having to leave their house. You may develop AR experiences that drive purchase from test driving a prospective new automobile to try on a new color of lipstick (two augmented reality examples we’ll showcase in the following section). Returns management may be a significant time and financial investment for any company. Consumers may try out things before they buy them using augmented reality, minimizing the risk of a return (and improving their experience by eliminating buyers’ remorse). Some purchases are made simply because the whole shopping experience at the store is so pleasant (just think of some of the gorgeous displays). Of course, replicating it on a website is difficult. Brands, on the other hand, may use AR to create an in-home experience for customers that makes them feel like they’re at the shop. When it comes to corporate marketing, augmented reality may help you stand out from the crowd.
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Did You Know Further?
Your AR programs may advertise your shop and make revenue, whereas other marketing strategies rely on emails or social media ads. It also gives clients an engaging experience, so when they share it with others, it gets a lot more than a click and a glimpse. For company marketing, augmented reality opens a whole new world of possibilities. You make the material more engaging for clients instead of adhering to screens and two-dimensional marketing.
3. Reduces Cost
Each year, more than 30,000 new consumer items are developed, with 80% of them failing, according to Harvard Business School. AR may now be used to show off in-development items and collect user feedback. If the response is unfavorable, the cost of developing expensive prototypes and introducing a product only to see it fail is avoided. A good reaction might help businesses decide whether to proceed (and maybe what tweaks to make).
4. Reach The Right Customer
Using AR to differentiate your business gives you a tremendous competitive edge, whether you’re selling to B2B or B2C customers. Who is more likely to get a customer’s attention: someone with a brochure and a PowerPoint presentation, or someone who offers a virtual 360-degree view of their product lines? Some products have a learning curve, and different people learn in various ways. Audio, visual, and kinesthetic learning are the three basic types of learning. While a radio advertisement may appeal to the aural student, a television advertisement is required to attract the visual learner. Neither will hold the kinesthetic learner’s complete attention (someone who needs first-hand experience). With AR, you may check all three boxes at once, reaching out to all three learners.
5. Reduces The Language Barrier
The capacity to translate text on the fly is one of the advantages of augmented reality marketing. If a visitor does not speak the local language, AR software can give subtitles or overlay words in the visitor’s language over the current text. This sort of innovation is likely to spread across a variety of entertainment businesses, including sports games, ensuring that visitors are not inconvenienced by mistranslations. Consider the advantages of combining flawless translation with the ability to bring the store to the customer. From the comfort of their living room, a furniture vendor might exhibit and showcase pieces from a showroom halfway around the world to a client who spoke another language.
6. Increases Marketing benefits
AR, however, does a lot more than just entertain. In marketing, augmented reality may be utilized as a brand differentiator to leave a lasting impression. Those that are successful with AR recognize that it must add value and not just be a gimmick. Because the technology is still in its early stages, gimmicks can be effective in the short term, but it won’t be long until AR is considered a marketing staple and the novelty wears off. Only those that use AR correctly will benefit at that point. AR, however, does a lot more than just entertainment.
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Pondering Over AR In Marketing?
In marketing, augmented reality may be utilized as a brand differentiator to leave a lasting impression. Those that are successful with AR recognize that it must add value and not just be a gimmick. Because the technology is still in its early stages, gimmicks can be effective in the short term, but it won’t be long until AR is considered a marketing staple and the novelty wears off. Only those that use AR correctly will benefit at that point. Market research is an important aspect of enhancing your marketing strategies and growing your organization. You can collect analytics data about augmented reality because it runs on software and hardware. It includes analytic features that are currently available on the internet and social media. Facebook alone has about 1.5 billion users. An augmented reality (AR) cooperation between Facebook and your firm would be far more effective than a traditional ad campaign.
7. Safe Technology For Automobiles
The Virtual Windscreen from Jaguar combines head-up display technology with software-enhanced effects to offer the driver real-time data that may interact with physical objects visible through the vehicle’s windscreen. GMC (https://www.gmc.com/) is also getting into the AR game with its 2020 pickups, which will include a “transparent trailer view” option thanks to AR. They can superimpose a picture from the rear of the trailer being towed over the real view by employing a camera view (which appears on the dashboard screen) from the back of the trailer being pulled.
You Need To Try Augmented Reality For Your Business Today
Despite its benefits, synchronizing up augmented reality for commercial marketing fortitudes is a tricky technique. On a par with marketing practice, developing software needs a specific skill set for perfection. It can similarly be a scrap to appropriately classify where your setup or project might need further development. Fortunately, we have it handled. Team Clustox can support you with web development, mobile app development, e-commerce, software development, augmented reality, and much more. Reach out to us today with your budget and the services required. At Clustox our experts are ever-ready to help clients with any type of tech consultation, end-to-end product development, cloud & DevOps service, or build next-gen mobile apps. Our certified industry veteran experts are harnessing digital technologies for the benefit of businesses. Our clients range across mid and large enterprises, and startups across a variety of industries. We can help you to build high-quality software solutions and products as well as deliver a wide range of related professional services.
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