What is a QR Code and How Can You Make Money Using It?

What is a QR code?

That is a question that I obtained the answer to today while researching some information received in an email about using QR codes as part of my marketing strategy.

I have seen the QR codes around on many types of off line ads and knew that they obtained encoded information about products for sale.  I was simply unfamiliar with exactly what a QR code was.

To find the answer to this question about QR codes,  I did a Google search and was able to find a lot of information about these funny looking squares.

You may have seen these coded squares around in magazines, on street signs and billboards, in various advertisements, on entertainment tickets, on postal labels, on the side of buildings, and in many other places.  You may even know their purpose.  You may have used one.

Let’s Get the Nitty Gritty About QR Codes

QR is short for quick response.  A picture of the QR code can be taken on a smart phone.  Once the picture is taken, several things could happen.  But normally, you are taken to an ad or website for a particular product or service.

In my quest I wanted to know what equipment a person needs to have to make use of a QR code?

I found that the user must have a smart phone, internet connectivity on the phone, and a QR code reader application on the smart phone.

I now truly understand enough about these quick response codes to see that they could be very useful in advertising today.

For example, it is easy to see that if someone can simply take a picture of the encoded square  box with their smart phone, then they do not need to remember a website url, an email address or phone number to access the information they need.

A quick response code can be considered useful in advertising but what makes it so powerful?

With over 5.6 billion  or 76% of the population of the world owning cell phones and with over half a billion or five hundred million people having access to mobile internet service, there is a tremendous number of people who could see a QR code, take a picture of the code  and purchase a product.

While most people may not understand all the techy stuff involved with these codes, scanning of QR codes has increased by 4394 percent from 2010 to 2012.  And of those people scanning QR codes 36 percent have annual incomes of over one hundred thousand dollars.

What a market that gives sellers!

I also found that 0ver 50% of people who scan the codes are between the ages of 18 and 34 years.

Also, most people expect to find a deal when they see these codes.  This means that they are already looking to buy something and willing to spend money.  Now I am really understanding a lot about the importance of QR code technology within our economy.

QR Code Security Best Practices Business Insider Quick response codes or QR codes are the latest thing in mobile marketing. Scan a funky little square with your smartphone and instantly visit a website subscribe to an email list or download more information about an event or a business. QR codes on headstones You bet WDIV Detroit. Malicious QR codes a mobile security blind spotCSO Magazine. all 4 news articles.…

A quick response code is something that obviously many people have come to learn as a fast method to access information on their smart phones.  And large corporations or companies with large marketing budgets have been successfully using the QR codes to get new customers and sell products.

Did you know that these funny looking quick response codes were created in 1994 by Toyota to track auto parts.

Now that I understand the answer to what is a QR code and how it can be used in marketing to reach a larger audience both on and off line, I really want to cash in on this new technology, I went looking for some information about how everyday internet marketers like myself could make use of QR codes.  Did you know that Clickbank provides QR codes for its products?

Mobile payment:  QR Codes 2D barcode are Square bar codes or QR codes are an easy way to inject info into mobile phone. visit a website or copy useful text.…

I also found a company that teaches how to use the QR codes to earn money on the internet.  Just click on the picture to the left for more information.  That is the exact picture that caught my attention.

Bonnie McDonough

PS:  Learn more about what is a QR code on my pet blog which I introduce to you in this article.

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