In the ever-evolving landscape of business innovation, Augmented Reality in business emerges as a transformative force, reshaping traditional paradigms and unlocking new opportunities for growth and advancement.

Through a comprehensive examination of AR’s capabilities, applications, and business benefits, this article serves as a roadmap for enterprises seeking to harness the full potential of augmented reality to propel their success in the digital age.

UNI.Agency as a forefront developmental agency tailors unmatched digital products and immersive experiences. They help companies outperform their competitors and customers’ expectations. And now, there is time to delve deep into the AR realm.

Gaining Insight into Augmented Reality

From revolutionizing customer experiences to optimizing operational efficiency, AR in retail is poised to drive significant advancements in how businesses operate and engage with their stakeholders.

Augmented Reality (AR) seamlessly integrates digital information and virtual objects into the real-world environment, offering users an immersive and interactive experience through devices like smartphones or AR glasses.

It revolutionizes various industries, from entertainment to healthcare, by enhancing perception and creating innovative opportunities for engagement and exploration in the digital era. AR not only enriches our understanding of reality but also opens up new possibilities for creativity, communication, and problem-solving, making it a powerful tool for businesses seeking to enhance customer experiences and streamline operations in an increasingly digital world.

Differentiating Augmented Reality and Virtual Reality

Augmented Reality (AR) overlays digital elements onto the real world, enhancing the user’s perception of their environment. Virtual Reality (VR), however, immerses users in entirely virtual environments, blocking out the real world. There are some core differences between these two technologies in gear and display approaches:

• AR enriches reality with digital information, while VR creates entirely immersive virtual experiences.
• AR typically requires less specialized hardware, like smartphones or AR glasses, while VR often involves dedicated headsets.
• AR is commonly used for enhancing real-world experiences, such as in gaming, retail, and navigation, encouraging augmented reality shopping. Whereas VR is primarily employed for immersive simulations, training, and entertainment in fully virtual environments.

The Influence of AR on the Customer Experience Journey

As of 2024, Augmented Reality (AR) has evolved into an indispensable tool across various sectors, offering immersive and interactive experiences that seamlessly blend digital elements with the real world.

Stimulating Interest

Augmented Reality (AR) captivates customers by offering visually engaging experiences that spark curiosity and intrigue, enticing them to explore products or services further.

AR’s ability to overlay digital content onto the real world creates an immersive and attention-grabbing experience, drawing customers in and igniting their interest.

Educating and Empowering Users

AR in business empowers users by providing interactive and informative experiences that educate them about products, services, or concepts in a visually compelling manner.

Through AR, customers can interact with virtual models, animations, or informational overlays, gaining a deeper understanding of the features, benefits, or use cases of the offerings.

Exploring Further Depths

AR encourages customers to delve deeper into products or services by offering immersive and interactive experiences that go beyond traditional marketing materials.

By allowing users to explore virtual representations of products in real-world contexts, AR in retail provides a unique opportunity for customers to visualize how offerings fit into their lives, fostering deeper engagement and understanding.

Business Benefits of Augmented Reality

Businesses utilize AR for diverse applications, including product visualization, virtual try-ons, and enhanced customer engagement. In education, AR transforms learning experiences by providing interactive simulations and visualizations.

Additionally, AR has become integral to industries such as healthcare, where it facilitates surgical training and patient education. With advancements in AR technology and widespread adoption, it continues to shape how we perceive and interact with our environment, ushering in a new era of innovation and connectivity.

Let’s look at why AR has become so indispensable as a business tool nowadays.

Revolutionizing Training Methods

AR in business transforms training by offering immersive, interactive simulations that replicate real-world scenarios, enhancing employee learning and skill development.

It’s lucrative for hands-on training experiences. Since there’s no need for physical equipment or environments, reducing costs and logistical constraints while improving knowledge retention and performance.

Boosting Productivity Levels

Augmented Reality in business boosts productivity by providing real-time access to information and guidance, allowing employees to complete tasks more efficiently and accurately.

Through AR-powered tools and applications, workers can streamline workflows, troubleshoot issues, and collaborate effectively, resulting in increased output and operational efficiency.

Implementing Dynamic Marketing Approaches

AR enables businesses to implement dynamic marketing strategies that captivate and engage audiences in unique ways.

By integrating AR into marketing campaigns, companies can create interactive experiences that drive brand awareness, customer engagement, and sales conversions, setting themselves apart in a crowded marketplace.

Fostering Product Development

Augmented reality and marketing foster innovation in product development by facilitating virtual prototyping, design iterations, and collaborative decision-making.

With AR, teams can visualize and test product concepts in 3D, gather feedback from stakeholders, and make informed design decisions faster, leading to faster time-to-market and more successful product launches.

Creating Tailored Customer Experiences

AR creates personalized customer experiences by allowing users to interact with products and services in customized ways.

Through AR-enhanced applications and experiences, businesses can tailor content, recommendations, and promotions to individual preferences and behaviors, enhancing customer satisfaction and loyalty.

Amplifying Brand Recognition

Augmented Reality shopping amplifies brand recognition by providing memorable and shareable experiences that leave a lasting impression on customers.

By incorporating AR into branding initiatives, companies can create immersive brand experiences that spark conversations, increase social media engagement, and strengthen brand loyalty, ultimately driving business growth and success.

Final Thoughts

In conclusion, Augmented Reality in business stands as a transformative force, offering a multitude of benefits across various aspects of operations. From revolutionizing training methods to boosting productivity levels, AR empowers businesses to thrive in an increasingly competitive environment.

By embracing AR technology, companies can unlock new opportunities for growth, innovation, and success, while delivering immersive and engaging experiences that resonate with customers and stakeholders alike.

As AR continues to evolve and integrate into everyday business practices, Uni will incorporate the best practices to promote business advancement and drive meaningful change for the clients. We’re to shape the future of commerce to your benefit.

The post 9 Ways Augmented Reality Gives Your Business a Competitive Edge appeared first on Addicted 2 Success.

One of its key advantages is the ability to offer countless investment opportunities to unbanked and underbanked populations, allowing crypto enthusiasts and entrepreneurs to find multiple ways of selling USDT, as well as other popular and less popular cryptos, with reduced costs and improved efficiency. 

As a result of financial services democratization, individuals who were previously “excluded” from the formal financial system are now empowered to participate in the global economy. Read on and find out how entrepreneurs are revolutionizing industries with blockchain. 

What is Blockchain?

Blockchain utilizes a network of computers, often referred to as nodes, to securely record and verify transactions. It consists of a chain of blocks maintained across the node network, which creates a tamper-resistant record of transactions. These transactions are contained in a chain of blocks, hence the name. 

The key features of blockchain are:

• Decentralization – Because every participant in the network has a copy of the blockchain, the risk of a single point of failure is reduced. At the same time, such a concept promotes transparency, bringing decentralization under the spotlight. 
• Immutability – Cryptographic hash functions and consensus mechanisms of the network make blocks almost impossible to tamper with. 
• Transparency – The entire transaction history is visible to all network participants, enhancing trust among users. 
• Security – Blockchain uses consensus mechanisms such as proof-of-work and proof-of-stake to ensure all transactions are valid.

While blockchain is best known for cryptocurrencies, like Bitcoin, Ethereum, Tether (USDT) and many other coins, its application extends beyond digital currencies. Its decentralized nature has the potential to revolutionize many industries, with use cases in supply management, healthcare, finance, identity verification and more. 

The Role of Decentralized Finance in Reshaping Industries

Decentralized Finance (DeFi) plays an important role in reshaping industries by challenging traditional banking with decentralized alternatives for:

• Lending
• Borrowing
• Trading

Thanks to smart contracts, the speed and accuracy of transactions is significantly increased. These self-executed contracts allow the creation of terms directly written into the code, automating and streamlining various business processes as a result. 

The utilization of such contracts, created directly on the blockchain, allows entrepreneurs to generate and execute seamlessly:

• Legal agreements
• Real estate transactions
• Insurance claims

Finally, smart contracts enable the creation of various financial instruments while removing the need for intermediaries in the process and providing participants with much greater control over their assets and transactions. 

Transparency and Decentralization Empowers Entrepreneurs

Decentralization and transparency are among the main reasons for the mass blockchain adoption among entrepreneurs. 

Enabling peer-to-peer transactions, blockchain eliminates the need for intermediaries, a concept typical in the traditional business model. However, relying on middlemen, like banks or lawyers, costs extra money, and it’s not always transparent. 

For example, property transactions in the real estate industry are conducted through lawyers and real estate agents. Using smart contracts, entrepreneurs could not only eliminate the mentioned intermediaries but also speed up the process and reduce costs while ensuring transparency throughout transactions. 

Blockchain in the Supply Chain Management 

Transparency, efficiency, security and immutability are just some of the enhancements that blockchain brings, or could bring, to supply chain management. 

Food and pharmaceutical industries could benefit the most from immutability, allowing stakeholders to trace products from the source to the final destination, enabling compliance and safety. 

Delivering goods and services could experience major reform through smart contracts, which could play a crucial role in reducing the risk of fraudulent activities. By automating and self-executing contractual agreements, smart contracts not only enhance the efficiency of transactions but also establish a tamper-proof and transparent record of each step in the process. 

Entrepreneurs Can Access Global Markets

By leveraging blockchain technology, entrepreneurs can get global access to financial services through the development of DeFi. 

Participants can eliminate dependence on the traditional banking infrastructure by creating decentralized banking solutions on blockchain platforms. As a result, entrepreneurs can perform different banking activities, including:

• Savings
• Loans
• Transaction

At the same time, financial transactions are more accessible and efficient, as developing decentralized platforms allows users to send and receive funds globally with reduced fees and faster transaction times without mediators monitoring. 

By offering countless investment opportunities, especially to unbanked and underbanked populations, blockchain has democratized the existing financial services and paved the way to introducing a more inclusive global economy. And in the era of technological innovations powered by this technology, entrepreneurs play a pivotal role in pushing industries’ development to a whole new level.

Through decentralized finance (DefI) platforms, entrepreneurs are able to create decentralized banking, providing savings, loans, and transactions with immense efficiency. As a result, they create an environment where fundamental changes are possible and reshape many sectors, starting from supply chain management, banking, real estate, and many others. It’s like stepping into a new time of new ideas and making sure everyone can be part of it.

The post How Entrepreneurs Are Revolutionizing Industries With Blockchain appeared first on Addicted 2 Success.

Dynamic pricing, product recommendations, and chatbots are just some of the most common examples of AI tools businesses use today. Imagine if you had to do all those tasks by hand; you’d be drowning in the nitty-gritty details of your business instead of planning for the future and thinking of ways to expand.

If you would rather spend more time working on your business than working in your business, then you’ll want to consider taking advantage of AI. Here’s a look at how you can use AI to enhance and streamline your ecommerce marketing strategy.

Why Use AI in Your Ecommerce Business?

Like any business, ecommerce still involves many processes that need attention to detail and time to accomplish. With AI, you don’t have to do everything yourself. 

AI doesn’t sleep, and it doesn’t get distracted. Errors are also less likely to occur when you use artificial intelligence. That’s not to say we can do away without the human touch; think of AI as round-the-clock assistants that help you and your team save time, make data-driven decisions with ease, and optimize your marketing efforts.

Another big part of an online business’ success lies in giving customers what they want when they want it. Savvy entrepreneurs can deliver this through AI. By providing personalized experiences, companies can attract prospects that are more likely to convert and stick around for the long run.

How to Use AI for Your Ecommerce Marketing Strategy

Here are a few ways that you can use AI for your ecommerce business:

1. Personalized Product Recommendations

A survey by Insider Intelligence shows that 73% of consumers expect companies to understand their unique needs and expectations. Fifty-six percent of those surveyed say they expect offers always to be personalized.

With AI, you can enhance your ecommerce marketing strategy by offering personalized product recommendations. AI algorithms can deliver tailored recommendations to each individual, increasing the chances of conversion. It does this by analyzing behavior on your website, purchase history, and preferences. 

Using AI-powered recommendation engines can improve customer engagement and, ultimately, boost sales.

2. Chatbots for Customer Support

The virtual doors to ecommerce stores are always open. If you snooze, you could lose out on potential sales. Chatbots can handle multiple conversations simultaneously, ensuring 24/7 customer service.

These virtual assistants can understand customer queries, provide instant responses, and even resolve common issues. Digital consumers today expect companies to respond to inquiries rapidly. 

By incorporating chatbots into your ecommerce website or messaging platforms, you can improve response times, enhance customer satisfaction, and reduce support costs.

3. Automated Email Marketing Campaigns 

Email marketing is still one of the top ways to get prospects to convert. And with email marketing, quality matters over quantity.

With AI’s machine learning algorithms, it can segment customers based on behavior, interests, and preferences. This allows for the delivery of highly targeted and personalized email content that resonates with the recipient, increasing open and click-through rates, and driving conversions.

You can also use AI to automate and optimize email marketing campaigns, improving their effectiveness and saving you time.

4. Visual Search for Improved Product Discovery

Visual search is an exciting AI technology that enables customers to search for products using images rather than text. By integrating a visual search feature into your ecommerce platform, you can provide a seamless and intuitive search experience.

Customers can simply upload or take a picture of a desired product, and AI algorithms will match it with visually similar items in your inventory. This improves product discovery and enhances the shopping experience.

5. Predictive Analytics for Demand Forecasting 

With AI, you don’t need a whole team of analysts to predict demand. You can say goodbye to stockouts and keep your customers happy by ensuring your most popular products are always in stock.

AI algorithms can analyze vast amounts of historical data to forecast future demand patterns accurately. It uses predictive analytics to help ecommerce businesses optimize inventory management, prevent stockouts, and avoid overstocking. 

This data-driven approach helps businesses maximize revenue by aligning inventory with anticipated demand.

It’s a win-win for both sides: it maintains customer satisfaction while reducing your inventory costs and loss of sales.

6. Dynamic Pricing Optimization

AI-powered dynamic pricing algorithms aren’t new. The tourism industry is one of the earliest adopters of dynamic pricing, used by hotels and airlines to offer customers different prices based on various factors. 

The ecommerce industry is slowly waking up to the use of dynamic pricing, with Amazon being an example. AI-based dynamic pricing helps ecommerce businesses optimize their pricing strategies in real-time. These algorithms analyze various factors, such as competitor prices, demand levels, and customer behavior, to determine the optimal price for each product at any given time. 

Dynamic pricing can help maximize your revenue and capitalize on fluctuations based on market demand.

Some online businesses may hesitate to try dynamic pricing because they feel it might hurt their brand and user experience. To make sure it doesn’t, you can set price limits that reflect your value while still giving you the flexibility to earn more profit. 

Another way to try our dynamic pricing is to use it for seasonal and limited-edition offers. 

7. Customer Segmentation

A good marketer knows that if you’re selling to everyone, you’re selling to no one. Segmenting your customer base is the first step toward offering personalized and targeted experiences that resonate with each customer.

AI can assist in identifying customer segments by analyzing data points such as demographics, purchase history, browsing behavior, and preferences. This helps you create highly personalized marketing campaigns tailored to each segment’s specific needs and interests.

Segmenting your customer list increases the relevancy of your marketing messages. With personalized offers, you can easily catch the attention of your target customer and drive conversion rates.

8. Sentiment Analysis for Customer Insights

Understanding customer sentiment (how customers think and feel about your brand) is crucial for effective ecommerce marketing. If you want to stay in touch with your target market’s needs and wants, using AI to gauge sentiment analysis is one way to keep your finger on the pulse.

In the past, companies used surveys like the customer satisfaction (CSAT) score or Net Promoter Score® (NPS) and focus group discussions to get data. Today, AI-powered sentiment analysis tools can comb through information like customer feedback, reviews, and social media posts to gauge sentiment and identify trends.

This valuable data can provide insights into customer preferences, satisfaction levels, and pain points. It helps brands know how people feel about their products and services, allowing companies to respond quickly or react in case of problems.

9. Split Testing Ad Copy

Using AI for split-testing ad copy can enhance your advertising campaign’s effectiveness by helping you identify which ad variations resonate better with your target audience. Here’s a look at how to utilize AI for split-testing ad copy:

• Collect Data and Define Goals: Start by collecting relevant data about your current ad campaign’s performance and determine your campaign’s goals.
• Generate Ad Variations: Utilize AI-powered natural language generation (NLG) tools to create multiple ad copy variations. 

• Create Testing Groups: Divide your target audience into testing groups and use AI to randomize the ads for the testing groups.

• Tracking and Analytics: AI will help you make sure you have proper tracking mechanisms in place to monitor the performance of each ad variation.

• Data Collection: Allow the AI-powered platform to collect data over a predefined period to capture a sample size.

• Performance Analysis: Use AI to help you analyze the performance of each ad variation. Look for key metrics such as CTR, conversion rates, engagement rates, and more.

Remember that human insight is essential. AI can provide insights, but understanding your target audience and the nuances of your industry is something that often requires human intuition and expertise.

10. Generate Content

Using AI, businesses can swiftly create product descriptions, how-to guides, valuable blog content, and social media posts. By inputting key information and preferences, AI has the ability to produce engaging content that resonates with target audiences. 

This accelerates content production, improves SEO, and enhances customer engagement, allowing the business to focus on growth strategies. However, it’s crucial to have an editor on hand to adjust all content produced with AI in order to maintain authenticity, brand voice, and quality.

Artificial intelligence might evoke images of science fiction robots and flying cars for some, but in reality, AI is already being used every day and is changing the ecommerce landscape.

Artificial intelligence will help you better serve your customers, which can bring about more conversions and customer loyalty in the long run. AI can also free up your precious time, allowing you to focus on what truly matters: growing your business and delighting your customers.

The post 10 Ways to Use AI to Enhance Your Ecommerce Marketing Strategy appeared first on Addicted 2 Success.

The answer to this question lies in understanding the evolution of technology and its relationship with the body, mind, and spirit, as well as its impact on the way we work.

Body: The First Stage of Technological Evolution

Throughout history, technology has evolved alongside the human body. From the invention of the wheel to the development of modern medicine, technological advancements have played an essential role in enhancing our physical capabilities. The rise of AI has brought about new breakthroughs in health and wellness, such as wearable devices that monitor vital signs and AI-driven prosthetics that offer improved mobility. These innovations demonstrate the ongoing relationship between technology and the human body, as AI enhances our ability to navigate the world around us.

As technology evolved, it also transformed the nature of work. The rise of the Industrial Revolution led to a decline in manual labor and the emergence of white-collar jobs, marking a significant shift in workforce dynamics. Today, AI continues to reshape the job market as traditional roles are being automated or redefined, necessitating the development of new skills and adaptive thinking.

Body Transcendence through Technology

Prehistoric Times to Ancient Civilizations (~2.6 Million BC – ~500 AD): The first tools, like simple stone implements, allowed early humans to extend their physical capabilities. Later, the invention of the wheel, irrigation systems, and the use of animals in agriculture allowed humans to control and modify their environment.

Middle Ages (~500 AD – 1500 AD): Technological advancements like the heavy plough, windmills, and waterwheels extended human capabilities further, reducing manual labor and enhancing productivity.

Industrial Revolution (1760 – 1840): The steam engine, mechanised textile production, and railroads revolutionised human physical capabilities and drastically changed society.

20th Century: The rise of automobiles, airplanes, and later, space technology signified our transcendence over physical limitations. The Apollo Moon landing in 1969 was a significant milestone in overcoming physical barriers.

Mind: The Second Stage of Technological Evolution

In recent years, AI has begun to make significant strides in addressing cognitive challenges, ushering in the second stage of technological evolution. Developments in machine learning and natural language processing have resulted in AI systems capable of complex problem-solving, creativity, and even mimicking human emotions. The increasing use of AI in mental health applications, such as virtual therapists and chatbots that provide psychological support, highlights the potential for technology to complement and support human cognitive functions.

As AI progresses, it is increasingly surpassing human performance in various fields. For example, AI systems have demonstrated the ability to outperform highly skilled professionals, such as neurosurgeons, in certain tasks. AI has also successfully passed exams in engineering, law, and other domains once considered the exclusive domain of brilliant human minds. These developments further underscore the need for individuals to adapt and embrace the ever-changing landscape of work.

Mind Transcendence through Technology

Invention of Writing (~3200 BC): The ability to record and transmit knowledge over time and space represented a major transcendence of cognitive limitations.

Printing Press (1440): The Gutenberg Press democratised knowledge and made it accessible, enabling the spread of ideas and education.

20th Century: The invention of the computer (1940s) and the internet (1960s-1990s) enabled unprecedented processing and sharing of information, further transcending cognitive limitations.

21st Century: The development of AI and machine learning, along with advancements in neurotechnology like brain-computer interfaces, signified a new era of cognitive transcendence.

Spirit: The Third Stage of Technological Evolution

As AI continues to advance, we are now entering the third stage of technological evolution, which involves exploring the relationship between AI and the human spirit. The concept of the human spirit, often defined as our unique blend of emotions, values, and consciousness, is intrinsically linked to our sense of identity and purpose. In an era where AI increasingly encroaches on traditionally human domains, embracing the human spirit becomes more important than ever.

Spiritual Transcendence through Technology

20th – 21st Century: The development of virtual and augmented reality technologies has begun to impact our perception of self and reality, leading to new forms of spiritual and existential exploration.

21st Century: The advent of the internet has also facilitated access to diverse spiritual practices and philosophies, allowing for more individualised spiritual exploration.

Future Outlook: The intersection of technology and spirituality is an emerging field, and its future is speculative. It’s plausible that technology could be used to facilitate introspection, self-improvement, and mental health. Technologies like virtual reality (VR) and augmented reality (AR) could be employed for therapeutic purposes, while brain-computer interfaces could potentially provide insights into the nature of consciousness itself

AI, Spirituality, and Connection

AI’s potential to impact human spirituality is most evident in its ability to foster connection. For example, researchers have used AI-driven algorithms to analyze religious texts and uncover hidden patterns, shedding new light on the beliefs and traditions of various faiths. Similarly, AI-powered virtual assistants can provide personalized spiritual guidance, helping individuals to explore and deepen their beliefs. In these instances, AI acts as a facilitator, allowing people to engage with their spirituality in new and meaningful ways.

As traditional job roles evolve and AI systems increasingly outperform humans in various fields, embracing the human spirit becomes crucial. By focusing on our unique blend of emotions, values, and consciousness, we can differentiate ourselves from AI and maintain a sense of purpose in the face of rapid technological change.

Ethical Considerations

As AI becomes more integrated into our daily lives, it is crucial to consider the ethical implications of AI’s influence on the human spirit. Questions surrounding AI’s role in shaping our moral values and the potential for AI-driven systems to manipulate our emotions and beliefs must be addressed. By fostering open dialogue and incorporating ethical frameworks into AI development, we can ensure that AI technology continues to serve and enrich the human spirit.

The relationship between artificial intelligence and the human spirit is complex, multifaceted, and ever-evolving. From enhancing our physical capabilities to supporting our cognitive functions, AI has played a significant role in the ongoing evolution of technology. As we enter the third stage of this evolution, it is essential to consider how AI can impact our sense of spirituality and connection while addressing the ethical concerns that arise from its integration into our lives.

As we look toward the future, the relationship between AI and the human spirit will continue to evolve. By acknowledging the transformative potential of AI in reshaping the job market and outperforming human professionals in various fields, we must embrace the human spirit and adapt to the changing landscape. By leveraging AI’s capabilities, we may uncover new dimensions of human spirituality that were previously inaccessible or obscured.

To harness the full potential of AI in the realm of the human spirit, researchers, developers, and policymakers must work together to create a balanced and ethical approach. This includes promoting transparency, accountability, and inclusivity in AI development, as well as ensuring that AI technologies respect human rights and values. By fostering a collaborative and ethically-minded approach, we can ensure that AI’s impact on the human spirit is positive, empowering, and transformative.

In conclusion, the interplay between artificial intelligence and the human spirit represents a unique and compelling area of exploration. As AI evolves alongside the human body and mind, its potential impact on the human spirit presents both opportunities and challenges. By fostering ethical, transparent, and inclusive AI development, we can harness AI’s potential to not only complement and enhance our physical and cognitive capabilities but also to enrich our spiritual understanding and connections.

As we embark on this new frontier, it is crucial to maintain an open and honest dialogue about the implications of AI on our lives, our values, and our beliefs. By engaging in this conversation, we can ensure that AI continues to serve as a powerful tool for personal growth, self-discovery, and the ongoing evolution of the human spirit.

Ray Pang SH has generated over USD$1.215mil for his business using the Transformational Sales Methods he discussed above and in his other articles on A2S.

Want to work with him and become one of the 125+ business owners he has helped generate over USD$12.154mil in sales for? Go to his Instagram here and DM him the word “LEGACY” to learn how he can revolutionise your business now.

The post Artificial Intelligence and the Human Spirit: A Symbiotic Evolution appeared first on Addicted 2 Success.

But as the bear market has hit, a lot of the “get rich quick” people have exited, leaving only the serious builders behind. 

Thing is, while the remaining people are serious about solving real issues, there’s a lot of help needed in the space.  

I run a Web3 project review site and spend all day analysing different Web3 projects. Most entrepreneurs in the space want to create the next best tech tool or crypto exchange. 

When in fact, there’s a tonne of money to be made with more mundane and traditional businesses in the space.  

The below are a few of the obvious business ideas that are desperately needed, but rarely pursued.  

1. Copywriting for clarity

The Web3 industry as a whole is a victim of being overly technical.  

Here’s a snippet from one of the largest NFT marketplaces explaining what they do.  

“LooksRare smart contracts are custom-built within a modular system that enables new features to be rolled out over time – without compromising security – thanks to standardized signatures that clearly define the execution scope.”

If you’re not in the Web3 space, this is almost impossible to understand.  

There’s a huge opportunity here for great copywriters to come into the space and “de-jargonize” the industry. 

At the end of the day, all businesses want to hit the mainstream and mass appeal. 

For them to achieve that, they need copy that explains what it is they do in simple, compelling terms even the most non-technical person can understand. 

Without it, the space is too confusing and thus won’t appeal to the average person.  

How to supercharge this?

Expand the copywriting assistance to all sales and marketing collateral including email and ads.  

You could turn a single, one-time engagement into a monthly improvement and optimization of their entire marketing funnels.  

2. Content marketing

Head to most of the big brands’ blogs and you’ll see one of two things.  

A blog that is rarely updated, or a blog that only features project updates like “We added feature X”. 

Neither will draw in new users.  

A lot of brands in the space think these kinds of “traditional” marketing approaches don’t work. And yet you still have tens of thousands of people searching for things like…

– How to buy crypto

– How to buy an NFT

– What’s the best crypto to buy today

A great content marketing strategy that helps brands rank on page 1 of Google could generate a lot of new users simply by doing what their competition is too lazy to pursue.  

Of course, that means there’s a great opportunity here for entrepreneurs who can write. A simple content marketing agency focused on Web3 is just what many of these projects need – and will pay good money for.  

How to supercharge this?

Collect a list of Web3 brands doing content marketing well and create a private community (perhaps even paid) where they can help one another by promoting each other’s content.  

3. User experience optimisation

This is one of my big issues in Web3.  

A lot of the projects are built by engineers, for engineers. They look at their approach through the eyes of someone who is incredibly technical.

And so they see no issue with making someone take 15 steps to set something up when really most people will only persist through two or three.  

If you’re an experienced UX designer or strategist, you are desperately needed in Web3.  

There are opportunities in everything from the way websites are designed to the onboarding and engagement flows of projects in the space.  

Great UX helps build big brands, and right now in Web3 there’s an abundance of work here.  

How to supercharge this?

Charge extra for “real user feedback”. Generate a small group of Web3 users and have them record their sessions of using the product with their thoughts for more accurate feedback. 

You pay the testers up to 50% (in total) of the fee you charge the client for this.  

4. Community management

The vast majority of Web3 projects have large, engaged communities.  

The problem is that a lot of them don’t have the resources or the understanding on how to manage a community of thousands of people.  

I can’t tell you the number of communities of huge projects I’ve joined only to find them…

– Filled with spam

– Too complex to navigate

– Completely dead of engagement

The thing is, building a great community is the lifeblood of a great Web3 project.  

They offer feedback, help promote, and can even pitch in on development (if the crowd is right). 

If you can gain enough experience to understand how to manage a decent-sized community, you could easily create an agency that works with multiple clients in multi-thousand-dollar monthly deals.  

There’s a huge need for this, and few people who are looking to solve it.  

How to supercharge this?

Most Web3 communities are on Discord. Create some relevant Discord bots and let brands use them for a monthly fee for a separate revenue stream.  

5. Partnership setter

One of the big growth levers for Web3 projects is co-promotion between two complementary communities. 

Projects that can find a community with an overlapping audience can see massive gains in usage simply by getting them to share a simple “check this out” with their users.  

The problem is that finding these communities is hard. Closing deals with them, even harder.  It’s basic networking, but through digital channels.  

Having a dedicated “partnership setter” could save a brand a huge amount of resource investment and have an incredible upside. 

All you’d need to do this is the ability to try out different communities and reach out to their managers to see if they’d be open for collaboration. 

How to supercharge this? 

Keep a record of the brands that are up for partnerships. Either give access to the list for a dollar amount, or use it to quickly speed up the results you generate.  

New tech doesn’t always require new approaches

A lot of entrepreneurs and aspiring business owners are staying away from Web3 and blockchain because they don’t believe they have the necessary technical skills.  

The thing is, most of these projects are filled with people who only have technical skills. 

That leaves a huge gap for non-technical people to grab clients and grow highly profitable businesses.  

The above are just some starting points, but don’t think you can’t get involved in blockchain simply because you can’t code.  

The post 5 Profitable Business Ideas Web3 and Blockchain Overlook appeared first on Addicted 2 Success.

What is Cryptocurrency?

Cryptocurrency is a digital coin that can be used as a means of payment online. It is a form of digital currency that has quickly swept the payment method, specifically online payments like PayPal, by storm. While it’s still a new concept, many people believe it’s the future, and many businesses accept it to receive payments for services. Bitcoin, Litecoin and Ethereum are the most popular cryptocurrencies today, but other cryptocurrencies are growing as well. It’s important to note that although Cryptocurrency has not been on the rise ever since its introduction in 2009, it doesn’t seem like the current hype about it will end anytime soon.

Cryptocurrency has existed for quite some time now, but it is only recently that the general public has started noticing. Bitcoin was the first Cryptocurrency ever made. Made by an anonymous group under Satoshi Nakamoto, Bitcoin was designed as a peer-to-peer cryptocurrency system. The goal of Bitcoin calculator is to eliminate centralized control of money from a central authority and ensure the speedy processing of a transaction.

Cryptocurrency is changing how many businesses operate. Here are the main advantages of using  white-label cryptocurrency solutions in your business.

Benefits of Using Cryptocurrency in your Business.

Decentralized

Decentralization implies Cryptocurrency doesn’t rely on central banks or any other financial institutions. At the same time, it’s not bound by government regulations and can be transferred across the globe within seconds.

Speedy Transactions

Cryptocurrency decentralized feature makes it an ideal currency for international business transactions because of its speed and security features. People who try to pay by Bitcoin transactions can guarantee a convenient and seamless method to make payments for products and services. This makes crypto payment a better payment alternative than a credit card because credit card payments take a while for the payment processing to complete.

Private and Anonymous

Cryptocurrency is known for its privacy and anonymity. While details such as the user’s name, physical address or bank account number are required when conducting regular business transactions, there isn’t any information attached to cryptocurrency transactions. Privacy and anonymity make it highly safe because people can send money online without revealing their identity in public records. Many businesses have been using Cryptocurrency to provide an avenue of privacy, which is something that fiat currency can’t offer.

In this day and age, many want to have privacy because of the issues on cybersecurity such as data breaches and identity theft. However, these issues can lead to a loss of finances. With Cryptocurrency transactions, there’s anonymity because the users decide which personal information they will provide. Hence, you can attract new customers if they know you accept crypto aside from cash.

Investment and Income

Cryptocurrency is volatile, which makes it an aggressive investing option. However, it can be one of the best investments you can make for your business today.

Another benefit of using crypto in your business is that it can provide your business with a steady source of income. Since Cryptocurrency is not bound by any government, its value may increase or decrease each day depending on the market’s demand for these digital currencies. However, know that this also means you need to be cautious when using cryptocurrencies in transactions since their values are subject to ongoing fluctuations like the stock market.

Low Transaction Fee

The good thing with cryptocurrency payments is you don’t have many fees involved when making online payments. This is because there are limited middlemen or intermediaries. Most companies and businesses accepting crypto can transact dealing directly with their customers or use an intermediary. If there’s no intermediary, there’s only a low transaction fee which can benefit small businesses.

“Paper money is going away.” – Elon Musk

Disadvantages of Crypto on Business

Of course, nothing is perfect. Although Cryptocurrency has many advantages for businesses, there are some disadvantages you need to be aware of.

Volatility and Unpredictability

As previously mentioned, the cryptocurrency market is known to be volatile. Therefore, consistent growth is not guaranteed. Furthermore, the currency’s value isn’t stable, which can make your business suffer losses if not dealt with properly.

Resolving Issues

Banks or financial institutions do not regulate cryptocurrencies. Because of that, it can be challenging to resolve issues like chargebacks.

How to Use Cryptocurrency in your Business 

If you want to start using Cryptocurrency for your business, there are some steps that you must take to ensure a smooth transaction.

The first step is to choose the currency based on what’s best suited for your business and its customers. Several cryptocurrencies have been introduced to the public, so choosing one with a large following and reasonable transaction fees is essential.

Once you’ve chosen which currency you wish to use in your business, the next step is to set up a digital wallet where customers can pay for their services or products. You should also ensure that your digital wallet is secure and that you regularly update it to prevent any malware or computer viruses.

Once the transaction has been completed, ensure the funds have adequately transferred from one account to another by checking if they’re reflected in your bank’s statement. Otherwise, there could be issues with the transfer, and you should contact your financial institution about it.

Once you’ve identified which Cryptocurrency and wallet to use, you can decide on ways to use it in your business. For example, other than using crypto as customers’ mode of payment, you can pay your employees or your suppliers using crypto.

Conclusion

Cryptocurrency is changing the game for business owners because of its benefits; hence businesses should study how they can wisely use it in their business. However, there are still businesses that rely on fiat currencies over crypto payment because they don’t know its potential benefits or disadvantages. Therefore, every business owner must be aware of the risks before making any moves with cryptocurrencies in your business and payment processing.

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