Editorial Staff
Editorial Staff3565d ago

Pokémon Go is Making Small Businesses a Ridiculous Amount of Money

Thanks to its augmented reality feature that gets people walking outdoors, Pokémon Go is driving a ton of profit for local businesses.
Despite the game’s recent launch, small-scale ventures are quick to spot the booming market. According to USA Today, research firm SensorTower has recorded at least 15 million downloads, App Store and Play Store numbers combined.
 
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Local shops, diners, movie houses and other businesses are luring customers through in-app purchases and creative marketing. Businesses also use Lure Modules that attract Pokémon to specific locations, and therefore Pokémon hunters, according to Business Insider. They are purchased within the game and applied to local landmarks and/or businesses.
Pizzerias, coffee shops and more areas across neighborhoods have also become PokéStops or Gyms. Here, players can resupply items or train their characters.
This, of course, increases a store’s chances of customer traffic. Bloomberg gave the example of L’inizio’s Pizza Bar in Queens, which spent approximately $10 on Lure Modules. As a result, food and drink sales were up by at least 30%.
Inc. advised biz owners to order Pokémon Gym badges, announce leading teams and promote screenshots on social media. Gyms are the biggest structures on the in-game map, so be sure to spot the nearest one.
That being said, business owners may want to figure whether their establishment is a PokéStop or a Gym. From here, creative marketing comes in, as there really are countless ways to capitalize on a hype that’s virtually found everywhere.
Pokémon Go is a collaboration between the Pokémon Company and Niantic, the augmented reality company behind Ingress. As of press time, the game is available to download for devices at least in iOS 8 and Android 4.4. While the game proves to be helpful in good business, it has already been knocked-off and used for robbery.
Is your business already reaping Pokémon Go benefits? Share your story to us!

Discussion

Ari C.
Ari C.2h ago

If this happened on campus, Stanford should issue a clear public update and specific safety actions.

212 Face
Mina Z.
Mina Z.1h ago

Agree. People need facts and process, not silence. The school should confirm what is being investigated.

88 Face
Ken L.
Ken L.48m ago

Also important to separate verified details from rumors so this does not spiral online.

61 Face
Linh P.
Linh P.1h ago

The death threat part is extremely serious. Hoping law enforcement and campus security are already involved.

144 Face
Jae T.
Jae T.35m ago

This is where official reporting and support channels need to be visible and easy to access.

42 Face
Sophie W.
Sophie W.56m ago

Can NextShark keep a timeline thread here as updates come in? That would help keep context in one place.

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