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Microtransactions A microtransaction is just what it sounds like — a customer pays a small fee in a quick transaction, usually to unlock a new feature, upgrade to the next level, or purchase virtual items. While the low fee may not seem profitable, think about how many microtransactions can occur considering the number of players and the time they spend on the gaming platform . For example, the game Fortnite generates much of their revenue from microtransactions, allowing them to keep the game free to attract more new players. By offering something for free, consumers gain experience with a game or brand and, in turn, are willing to continue the relationship by making small purchases over and over again.
With microtransactions, players purchase exactly the content they prefer, keeping Phone Number List them engaged and loyal to the game. Microtransactions are a way to monetize a game long after launch and a means of marketing the game well beyond its initial strategy. With them, customers stay engaged, which means they stay longer. For marketers, finding ways to keep customers engaged by giving them what they want will be a winning strategy. 2. In-Game Advertising In-game advertising is proving to be a huge success for several brands. Game developers are also benefiting, as ads create another source of revenue beyond in-game purchases and subscriptions.

This form of advertising, however, requires a new way of thinking and an innovative way of presenting information. Ad placement, timing, and format are all strategic pieces of the same puzzle. For example, the ad format and placement could be a video that appears on the loading screen or in-game at some strategic point. Another popular option is rewarded videos. Players receive in-game rewards just for watching the video. By now, most gamers see advertising as part of the overall experience and not as a nuisance . However, the key is to make the ads engaging, informative, visually appealing, and not disruptive to the gaming experience.
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