Alibaba Group opening VR shop

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Chinese eCommerce giant Alibaba Group Holding plans to open a virtual-reality technology (VR) demonstration shop this month, with the technology to roll out by the end of the year.
Its VR product is designed for online shopping. Alibaba’s 400 million customers will have their buying experience enhanced by wearing a VR helmet or glasses designed to simulate being in a physical store.
At a media briefing in Shanghai, an Alibaba representative wearing a Vive VR helmet from HTC Corp of Taiwan showed how a shopper could tour a three-dimensional digital store.
The demonstration showed a robotic store associate talking to the visitor and recommending new products.
Shoppers can rotate products they see in the virtual store by moving a controller connected to the helmet, and even ask for a model to show how the product works or is worn. Users can also use the controller to click the buy button.
“VR is a great way to demonstrate products or services, especially for such categories as furniture and travel products,” says Alibaba senior director of mobile Zhuang Zhuoran.
Alibaba set up its Gnome Magic Lab in March to develop software to enable merchants to build virtual stores. While costs are high to convert a real product to its digital, three-dimensional equivalent (about $50), the company hopes to be able to reduce this to about $1.
VR gear ranges in price from $20 to $1000, and consumers buy 300,000 VR units on Alibaba’s Chinese online marketplaces each month, says the group.
Questions & Answers
Q.What is the primary purpose of Alibaba's new VR technology?
What is the primary purpose of Alibaba's new VR technology?
The VR technology is designed to enhance the online shopping experience for Alibaba's 400 million customers. Shoppers will wear a VR helmet or glasses to simulate being in a physical store, allowing them to browse and interact with products virtually.
Q.How will shoppers interact with products and make purchases in the VR store?
How will shoppers interact with products and make purchases in the VR store?
Shoppers can rotate products by moving a controller connected to the helmet and request a model to demonstrate items. They can also use the controller to click a buy button, enabling direct purchases within the virtual environment.
Q.What is the current cost to convert a physical product into a digital VR equivalent?
What is the current cost to convert a physical product into a digital VR equivalent?
Currently, it costs approximately $50 to convert a real product into its digital, three-dimensional equivalent for the VR stores. Alibaba hopes to significantly reduce this cost to about $1 in the future.
Q.How popular is VR gear among Alibaba's customers?
How popular is VR gear among Alibaba's customers?
Consumers purchase 300,000 VR units monthly on Alibaba's Chinese online marketplaces. These units vary in price, ranging from $20 to $1000, indicating a significant existing market for VR hardware.
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