Seemingly out of nowhere Pokemon Go took over the world earlier this July. The free downloadable app was, and still is, the talk of social and news media. Turns out chasing imaginary creatures is getting everyone off of the couch and, for at least a moment or two, forgetting about elections, violence and all the bills they have to pay. It’s basically like a much welcome break from reality during a very hot and tiresome summer here in the U.S.
The app was launch without much anticipation or fanfare, but none the less has resulted in big bucks for Nintendo, the parent company that owns the Pokemon brand. Their evaluation was up way over 25%, or $11 billion (that’s with a “b”) in just a week according to an article on qz.com. Even if you don’t believe what they say as far as valuation goes, there is no denying the initial impact of the app on our short attention span society.
How long will the party last? Who knows. But what can and should you do to make the best of an incredible situation?
Merchants Seize the Opportunity
Not surprisingly, savvy merchants are taking advantage of everyone getting off of their couches and getting out to find imaginary creatures in our cities, towns and parks. A pizza shop in Long Island spent $10 on “lures” to lure Pokemon, and the people looking to capture Pokemon, to their shop and their sales were up 75% over the weekend.
Soon merchants will be able to sponsor their location to attract even more customers.
The beauty of the app is it’s getting people of every demographic off the couch and out into society looking for these critters. Families are putting down the iPads and wanting to go on hikes, or visit downtown to find Pokemon. Business people are taking a few minutes at lunch or before work exploring to find Pokemon. And when people are exploring, they get hungry, thirsty and want to visit your store.
Take Advantage of the Pokemon Go Trend
In the game there are “PokeStops” where gamers can get much needed enhancements to the game. As a merchant, download the app and figure out where the closest PokeStop is to you. If you’re lucky your venue may even be one, which should already be attracting people. In our town there are several churches and businesses that are PokeStops or PokeGyms.
As mentioned, it doesn’t cost much to “lure” Pokemon and their explorers to your shop. You get a couple free lures when you sign up, and additional ones only cost a few dollars and last for a half hour. Spread the word on social media that you dropped a lure and wait for customers.
Once there, be creative with how you seize the Pokemon phenomenon. Tout your business as “Pokemon Central” by offering provisions for explorers – water, food, licensed product. Maybe make it social by starting a club or offering discounts for people who’ve found certain Pokemon. Create photo ops for people to take pictures with their yet to be captured Pokemon in front of your store.
Missed the Wave?
No idea what Pokemon Go is, or you missed it completely? No worries, in our short attention span society there will surely be another app, event or trend that you can seize to amp up your bottom line.
Take the time to be aware of trends as they happen. Regularly read the news, and pay attention to social media sites such as Facebook, Twitter and Instagram to hear what people are talking about. Observe you customers and talk to them to find out what they’re interested in.
My family didn’t pick up on Pokemon Go until three days into it, by then it was on the mainstream media. But there is still plenty of life in the trend cycle for Pokemon Go as they add features and improve the app.
Even if you missed it, establish habits now for how your business will react to social trends in order to enhance your bottom line. Trend watching is just as important as inventory, customer service and pricing for your business. With good habits and creativity you may be discovering some happy additions to your bottom line by year’s end.
In the meantime I think there’s a Rattata in the office that needs to be caught…
When not out looking for Pokemon, Chris Weigand is an industrial designer specializing in branding and retail design. As president of Chris Weigand Design, LLC, Chris and his team help some of the largest brands and retailers in the world, as well as independents, local and start-ups connect with customers out in the marketplace. Contact Chris today at (330) 858-8926 or email@example.com to find out how he can help your brand seize upon the latest trends influencing the marketplace.