LG Uplus -- a 5G service provider in South Korea -- teamed up with wth startup eyecandylab to take shopping to a more immersive level with the launch of the U+ AR Shopping app. This cutting-edge new platform allows consumers to view products through Augmented Reality on their home shopping channels, specifically GS Shopping and Home&Shopping.
The U+ AR Shopping app will automatically recognize any television or video screen and allow users to view items in their homes in 3D while the show is playing. This immersive technology will revolutionize how consumers shop and could influence buyers to purchase items at home rather than a traditional brick-and-mortar retailer. Moreover, as consumers can tangibly see the item, it will lead to fewer returns, thus increasing ROI for businesses.
Shoppable Augmented Reality Ads
South Korea's LG Launched the U+ AR Shopping App for 3D Browsing
Trend Themes
1. Augmented Reality Shopping - U+ AR Shopping app allows customers to view products in their homes in 3D while the show is playing.
2. Immersive Advertising - Shoppable AR ads give buyers the chance to visualize items in their homes, leading to more educated purchasing decisions.
3. Smart Retail - AR shopping experiences are blurring the line between online and traditional brick-and-mortar retail, creating new shopping experiences for consumers.
Industry Implications
1. Retail - AR technology is revolutionizing the way consumers shop, allowing retailers to expand their reach through digital channels.
2. Advertising - Shoppable AR ads are creating new opportunities for advertisers to engage with customers through immersive experiences.
3. Technology - Advances in AR and VR technology are creating new possibilities for innovative shopping experiences, creating a need for technological support in retail businesses.