Looking for a unique new business idea? Consider starting a virtual reality arcade.
That’s right — arcade businesses no longer need to consist only of video games from the 80’s and cheesy prizes. There are already businesses around the world that are integrating this new technology into their offerings.
Take the case of Playdium Virtual Reality arcade in Causway Bay, Hong Kong. It’s located directly above Razer’s Hong Kong store and is decked out with all of the latest VR equipment. There’s even a virtual boxing ring that offers a workout akin to an afternoon at the gym.
Basically, this new technology offers businesses an opportunity to update an old concept. Most people consider arcades to be fun places to visit. But if all you have is a standard assortment of old games, there’s nothing to set yours apart from all the rest.
So instead, you could invest in some VR equipment and offer games and experiences that work with the technology. You could even have customers choose the experiences they want, like a boxing ring, racing game or even a flight simulator.
The possibilities are only increasing when it comes to virtual reality. And businesses that take advantage of those new opportunities could find a lot of early success.