Business News Report
June 26, 2023

How Pokémon GO Creator Niantic Is Revolutionizing Advertising With Rewarded AR Ads

In Brief

Niantic introduces Rewarded AR ads, merging the real and virtual worlds, offering immersive experiences and rewards for user engagement.

Rewarded AR ads aim to enhance brand impact with immersive storytelling, facilitate purchasing decisions through AR visualizations, and drive in-store traffic to boost conversion and sales.

Niantic’s partnership with Circle K demonstrates successful implementation, achieving high engagement and completion rates.

Niantic, the global leader in augmented reality and the creator of popular games like Pokémon GO, has introduced its innovative Rewarded AR ads format at the Cannes Lions International Festival. Rewarded AR ads are immersive experiences that blend the real and virtual worlds, offering rewards to users who engage with them. As AR becomes more mainstream, Niantic is at the forefront of creating new ways for brands and consumers to connect through spatial computing and AR advertising. 

How Pokémon GO Creator Niantic Is Revolutionizing Advertising With Rewarded AR Ads

Niantic’s AR ads use its AR development platform, 8th Wall, which has created numerous WebAR marketing campaigns for top brands, engaging millions globally.

Rewarded AR ads also provide interactive experiences for players as they explore their surroundings, unlocking in-game rewards. The goal is to engage players near specific locations, delivering branded AR experiences that yield better results. In addition, Rewarded AR ads aim to increase brand impact through immersive storytelling, aid purchasing decisions with AR visualizations, and drive foot traffic to stores for conversion and sales. Niantic has collaborated with development agencies to offer brands creative production process for AR ads.

One of the companies Niantic has partnered with is Circle K. The convenience retailer successfully piloted Niantic’s Rewarded AR ads to boost brand awareness and promote their new coffee offering. In Pokémon GO, players encountered a floating balloon ad and interacted with a 3D Circle K coffee cup using their mobile camera. They were then prompted to visit a nearby Circle K store for a physical cup of coffee. The campaign achieved an average engagement rate of 76% and a completion rate of 95%.

As AR becomes more mainstream, Niantic is at the forefront of creating new ways for brands and consumers to connect through spatial computing and AR advertising. Niantic’s early study revealed that around 80% of players favored Rewarded AR ads. The company stated that by 2024, there will be an estimated 1.7 billion mobile AR users worldwide.

Niantic recently launched a new AR game called Peridot, reminiscent of the virtual pet game Tamagotchi. In Peridot, players care for genetically unique virtual pets, exploring the real world together. Players can take their pets on real-life walks to collect items and explore new locations, with walking distance tracked through the Health app.

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Custom HTML

by Valentin Zamarin
August 08, 2024

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Read More
Read more
Custom HTML
News Report
Custom HTML
August 8, 2024
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
News Report Technology
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
March 29, 2024