• Home
  • Our Books
  • Our Film
  • Games
  • About Us
  • Contact Us
  • Login

Perspectives on all eras of videogames, computers, technology, and pop culture since 2003

Login

Login
Armchair ArcadeArmchair Arcade
Armchair ArcadeArmchair Arcade
  • Home
  • Our Books
  • Our Film
  • Games
  • About Us
  • Contact Us
  • Login

The Financial Benefits Of Augmented And Virtual Reality

The Financial Benefits Of Augmented And Virtual Reality
The Financial Benefits Of Augmented And Virtual Reality

The Financial Benefits Of Augmented And Virtual Reality

October 1, 2018 Posted by Darshan Shah Editorial 2 Comments

In the short space of time augmented and virtual reality has been with us, they have managed to steer up a lot of elements that the business world have never seen in a long.

Fintech companies are now looking at new ways to imbibe the clarity of purpose both reality programs presents.

While Augmented reality tries to mix what is an existing environment with a digital life, virtual reality hopes to completely transform the environment into a virtual world of the user’s imagination.

A lot has been said about augmented reality since the launch of Pokemon Go and its extreme success of raking up to $280million. The AR and VR are going to be worth over a $100billion in the year 2020 if the statistics we keep getting are anything to go by.

For businesses, it could mean leveraging on these great opportunities that have presented itself in the form of AR and VR. Both technologies can easily be used in the buying and selling, especially E-commerce.

It could also be applied in the service department as well to give customers a kind of do it yourself services. Let look at some of the examples where AR and VR could be beneficial financially.

E-commerce websites

Shopping online comes with its advantages and disadvantages. One of its widely known disadvantages is the question of ” will it fit if I buy?”

Because we deal with a unique way of ordering for products, AR and VR can help us clear those thoughts we have about a particular product fitting into our present environment. Thankfully with the help of AR, you can hold the picture of your room for example, and place the chandelier, lampstand, flowers you are trying to order online into your reality and see if they fit.

If they do, you can also use AR to find unique colors that can fit your room.

Such a game changer will make shopping very easy for most people. All they have to do is place a digital reality into an existing environment.

VR, on the other hand, will transform what the buyer wants his room to be like for example. If the imagination of a particular type of place is what he is thriving to achieve, virtual reality allows him to do it.

AR and VR will help businesses build a special relationship for many years to come. Click here to get immediate money for your business.

Educating employees through AR and VR training programs

AR and VR were also created to educate students and employees.

Businesses have a hard time training recruits and further training existing employees among other tasks. To cushion the cost of spending so much money, AR and VR can be used to augment the little acquired knowledge those coming for the training have.

With augmented reality, a practical example of the how firms produce, package and sell to the general public is played out to the employees of the company.

Improve sales

In the wake of Pokemon Go, businesses started having an idea of the financial implication AR and VR provide. For example, Pokemon has 5 million daily users on the app, which converts to over 65 million active members monthly. Majority of people using the app have made in-app purchases at least once. If companies bring AR and VR into the business world like E-commerce, the same awakening statistics could follow businesses who take a leap of faith.

Related

Tags: araugmented realityvirtual realityvr
2 Comments
Share

About Darshan Shah

Darshan Shah is an entrepreneur, digital marketer, and blogger. He's founder of TheWebReach.com, providing Online Marketing services. He's enthusiastic about creating blogs and writes creative content for his readers. He loves to help people to grow their business worldwide through his digital marketing knowledge.

You also might be interested in

DESTEK 3D VR Virtual Reality Headset
DESTEK 3D VR Virtual Reality Headset

Review: DESTEK 3D VR Virtual Reality Headset

Dec 11, 2015

The noble purpose behind Google Cardboard headsets is to offer[...]

generative ai playing ar and vr gaming - Generated with AI
The future of gaming is now thanks to AI, AR, and VR.

Video Games Trend to Look Out for in 2024

May 5, 2024

The video game market will be worth $583.69 billion by 2030. The gaming industry is growing fast. New technologies like AR and VR are making mobile gaming very popular. Streaming games live is behind the big rise of 3D game development.

"eBay Slot Machine" (CC BY-SA 2.0) by Waldo Jaquith
"eBay Slot Machine" (CC BY-SA 2.0) by Waldo Jaquith

Are Slot Games the Most Highly Evolved of All?

Jun 19, 2017

In our continuing coverage of gambling and casino technology, we[...]

2 Comments

Leave your reply.
  • Rose Martine
    · Reply

    February 24, 2020 at 5:39 AM

    Good way of telling, and pleasant article to obtain information concerning my presentation subject, which i am going to convey in institution of higher education

  • Alisha Ross
    · Reply

    March 23, 2020 at 1:37 AM

    “Great information. Lucky me I discovered your site by accident (stumbleupon).
    I have saved it for later!”

Leave a CommentCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • How has gaming evolved across the last decade and what is next?
  • Polymega Collections Volumes 9 and 10 now available – Strikers 1945, Bases Loaded, and more!
  • How The Legacy Of League Of Legends Paved The Way For eSports Betting
  • Tech Meets Design: What Is a Flexible Monitor and Why Gamers Should Care
  • Application of Strategic Thinking in Nomini Casino Games
  • DXRACER Partners with CS2 MESA Nomadic Masters Spring 2025 to Elevate Esports Comfort and Performance
  • Playing the Long Game: A Simple Guide to Casino Money Sense
  • Best Games to Bet on This Season
  • Retro Gamers, Modern Thrills: Why Instant Withdrawal Casinos Resonate with Arcade Fans
  • Pixels and Progress: How Retro Gaming Continues to Shape Modern Technology

Recent Comments

  • Aiodensghost on Official Game List for My Arcade Atari Gamestation Pro
  • keyboredom on Quick guide on how to play on the Internet Arcade
  • Bill Loguidice on Official Game List for My Arcade Atari Gamestation Pro
  • Melanie Levenstein on Official Game List for My Arcade Atari Gamestation Pro
  • George on How to Predict CS:GO/CS2 Skins Prices?
  • Bill Loguidice on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!
  • Derek on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!
  • Bill Loguidice on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!
  • Simon on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!
  • Viktor Špička on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!

Archives

Categories

Explore

android (46) apple (37) ar (37) Arcade (165) Atari (73) atgames (173) book (99) books (98) casino (496) esports (46) firmware (43) Flashback (45) gambling (520) Gaming (40) home arcade (114) htc vive (42) humble bundle (282) humble store (67) ios (37) led (35) legends (40) legends arcade family (46) legends gamer (33) legends pinball (39) legends ultimate (71) Microsoft (40) Nintendo (70) pc gamer (65) pc gaming (52) pinball (43) playstation (55) PS4 (36) retro (34) Sega (38) slots (82) sony (51) steam (145) switch (33) technology (35) update (42) virtual pinball (36) virtual reality (116) vive (34) viveport (42) vr (121)

Affiliates

+ Amazon

The everything store

+ Humble Bundle

Game deals, including name your price bundles

+ Playasia (Play-Asia.com)

Import games and collectibles

+ DJI Store

Amazing drones and related technology

+ Razer

Amazing PC gamer products!

fullSTEAMahead365 Your total news and information resource for all things Science, Technology, Engineering / Mathematics, Art, and Medicine / Health.

Human Advancement Never Stops.

Key Site Statistics

Posts published: 2,533
Latest publish date: May 6, 2025 @ 3:42 pm
Registered user count: 99,026

Contact Us

If you have a question, would like to provide feedback, or otherwise wish to get in touch with us, use this form.

Send Message

Blog Posts by Date

October 2018
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Sep   Nov »

Social Media and RSS

Support Armchair Arcade

All editorial content © 2003 - 2025 Armchair Arcade, Inc., an Armchair Creative Services, LLC, property. All rights reserved unless otherwise indicated. All trademarks and copyrights are retained by their respective owners. No content is to be removed or reused from the Armchair Arcade Website for commercial purposes without explicit permission from the principal Armchair Arcade staff, or the original trademark or copyright holders. Armchair Arcade, Inc., is not responsible for the content of any external sources or links. Further, endorsement of any external sources or links is neither implied nor suggested.

We thank you for your support and encourage you to contact us for any reason, including, but not limited to, questions, concerns, business endeavors, or praise. Especially praise.

Armchair Creative Services, LLC, may earn compensation for sales from links on posts through affiliate and other programs. Editorial rigor and objectivity standards are strictly adhered to and any compensation has no effect on coverage or opinions.

Prev Next