GeoFIT

GeoFIT

Use Augmented Reality and eye tracking to change retail shopping
Apr 14 '15
What will be your price point and target audience for this product? What will be your price point and target audience for this product?
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Brendan G gave heat
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cavan obrien
cavan obrien April 15 2015
Can you shed light on the various revenue streams? I would like to know if the data (personal or fitness related) you collect from consumers can be turned into revenue...
Brendan Gomes-Dempsey
Brendan Gomes-Dempsey April 16 2015
One other revenue stream comes from the sale of content like VR maps and games. As previously stated we have an API and developers can create content on the platform. First is selling an SDK to developers. Secondly we anticipate that eventually there will be talented content creators that are recognized from the developers community. If a developer is able to consistently prove that their content gets high ratings and high download numbers then we will offer them the ability to sell their content and the will be called Partners. We will then split revenue with that developer from the sale of their content. The way the consumer interacts with the platform when they decide to purchase content will follow a freemium model of transaction. The free currency will be earned over time by exercising with the system and can be used to purchase free content. The premium currency must be purchased and can be used to buy Partner content and content that our team creates. Hope that answers it