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Million-Dollar Ideas To Cash In On The Pokemon GO Craze

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Million-Dollar Ideas To Cash In On The Pokemon GO Craze

Unless you have been living under a rock for the past month, chances are that either you are someone you know has spent some time hunting for Pokemon recently. Pokemon GO has burst onto the scene since its early July launch and already has more than 75 million global downloads.

However, after Nintendo Co., LTD (ADR) (OTC: NTDOY) shares initially spiked 110 percent in July, they have since sold off more than 30 percent.

A Quora poster recently asked the following question: how can I become a millionaire by capitalizing on the Pokemon GO trend?

Related Link: Can Big Mobile Expect An Impact From Pokemon GO?

There were a number of creative replies. Here are some of the top ideas:

  • Sell “Pokedrones” that allow players to catch out-of-reach Pokemon.
  • Sell food, ice cream, drinks and Pokemon merchandise at parks that are Pokestops.
  • Sell Pokemon-themed animal clothing, since a number of players walk their dogs while playing.
  • Rent a shuttle bus and create “PokeTours” where you drive groups to all the local hot-spots.
  • Sell Pokemon-themed battery-integrated phone covers.

But before you go off seeking your Pokemon fortune, consider the word of advice one poster had for anyone attempting to cash in on home-made Pokemon merchandise, such as t-shirts: Be careful of trademark infringement.

Disclosure: the author holds no position in the stocks mentioned.

Posted-In: Pokemon GoCrowdsourcing Opinion Tech General Best of Benzinga

 

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