Hey 👋 - Swapratim here.
Happy Saturday to 346 motivated XR enthusiasts.
In my 9th newsletter, I'll breakdown the steps on how you can sell WebAR to clients in volume and start earning $10k/month easily.
Today's issue will take about 3.5 minutes to read.
Enjoy 👇
I've built web based AR exeriences that people from more than 40 countries have used including some global top tier companies.
I'll try to summarize my experience and selling techniques so that you can use them, start a business line as a side hustle and easily start earning up to $10k or more monthly by selling WebAR as a service.
# Target Market for consuming WebAR in volume:
The greatest limitation in ecommerce is to provide a great customer experience.
86% of buyers will pay more for a better customer experience.
Only 1% customers feel that companies meet their expectations. (Forbes)
Solving this challenge can yield a humongous ROI for retail industry.
Using WebAR, brands can increase the quality of customer experience easily.
The global ecommerce market is expected to total $5.55 trillion in 2022.
A great opportuinty worth exploring to solve.
# What Problem can you Solve with WebAR?
1. Increase Customer Engagement with 3D Product Marketing:
The average time on page across all industries is 54 seconds (Hubspot)
WebAR can significantly increase the engagement on website by 2x-3x.
Products on webpage can be accompanied with WebAR, resulting in more buyers will try them out and chance of purchase will increase up to 2x-3x within weeks.
Merchants who add 3D content to their stores, see a 94% conversion lift, on average (Shopify).
2. Reduce Product Return - A Cost Overhead for Retail Industry:
27% of customers return good every year as they were "not as described" (source) This is a huge cost overhead burden for retail ecommerce companies.
WebAR can make sure how products look actually in real life.
3. Acquire New Customers from all acquisition channels with WebAR ads:
Ads and marketing are the biggest source of customer acquisition in retail.
Billions of dollars are spent every year for customer acquisition and retention.
Most ads runs in different platforms - website, social media (so many of them), billboards, printed magazines. It's hard to track them all from one central place.
Users can essentially engage with WebAR via QR code scan or button click. Marketers can use them in every digital and print media.
They can observe the engagement from all different channels in one central area - thus maximizing the ROI for ads and marketing.
