Search BizReport
News by Topic
Marketing
- Advertising
- Search Marketing
- Email Marketing
- Loyalty Marketing
- Mobile Marketing
- Social Marketing
- Viral Marketing
- Trends & Ideas
- Internet Marketing 101
Beyond Marketing
BizReport : : October 17, 2012
Chinese food e-commerce company plans 1,000 AR stores
One thousand empty stores are opening across China as Yihaodian prepares to launch a chain of 1,000 virtual supermarkets. No trolleys or baskets are needed, just a smartphone with augmented reality technology.
China's biggest food e-commerce site, Yihaodian, plans to install 1,000 virtual supermarkets across the country. Called "Unlimited Yihaodian", the stores will be empty and take advantage of existing blank city spaces.
The stores aren't centered around QR Codes, only a smartphone with augmented reality technology can bring the product lines to life.
The sites will be smaller than most major Chinese supermarkets in large cities, but they will 'virtually' stock about 1,000 products. The first shops are scheduled to open in Guangzhou and Shenzhen, in southern China.
In crowded China, the virtual stores will do away with queuing or finding items out of stock and, of course, negate the need to carry shopping back home. Users may also find the experience of traipsing around a store far less tedious and engaging than clicking away on an e-commerce website.
This isn't the food e-commerce firm's first foray into virtual stores. Last year, Yihoadian placed posters in various locations in the Shanghai underground which enabled commuters to do their food shopping on the way home via taking photos of products they wanted on their smartphone.
Earlier this year, China's Ministry of Commerce approved Wal-Mart's plan to increase its stake in Yihaodian making the U.S. retailer the controlling shareholder, albeit with certain restrictions.
Tags: augmented reality, China, e-commerce, food industry, m-commerce, mobile shopping, smartphone, supermarket
Tweet
Subscribe to BizReport
Please enter your e-mail here:
Latest Headlines
- Elance: Remote hiring sees 60% jump
- Engajer integrates to LinkedIn
- JiWire: Mobile engaging travel consumers
- Drama, inane ramblings and parents turn teens off Facebook
- Survey: UK consumers re-think loyalty to brands
- PPA: Digital magazines boost demand for print editions
- Tapjoy: Ad engagements preferred by mobiles
- European silver surfers' media consumption moving online
Featured White Papers
- Learn How to Increase Traffic, Leads and Sales By Reaching More Than 11 million people on Pinterest
Pinterest isn't just another social media network. What appears to be the fastest-growing social media site ever has become a... - Improving ROI with Marketing Optimization
The requirement to juggle multiple constraints and considerations is an inescapable part of the marketing equation. Marketing executives need a... - Top 10 Online Brand Protection Strategies for 2013
Whether stealing web traffic, pirating digital content or selling counterfeit goods, online scammers are sure to continue highjacking brands for... - Get Serious About Email Marketing
Small business success starts with a solid email foundation. If you're a small business with limited resources, you need an...