Hello, friends today in this article I am going to elaborate what are the strategies used by game developers to make their games real money earning games. Gaming is a fun and entertainment feature of this technological era.
What is Games?
Games are a refreshment of mind. When you win a game, you feel relax in your mind.You feel like you achieve impossible things. You feel proud and you feel confident for next stage of your life. Any game in the world is which is either mental or physical but one thing is for sure that you get fun and confident out of it. Slowly price amount which we win gets added to games to make it more lucrative.
Types Of Games
Nowadays smartphone is the gadget which gives the platform of gaming both in offline and online in a fun and interesting way. Online gaming is available in two categories first is free games and the second one is paid games. The first kind of games does not need any money to download or install or play. The second kind needs money which means it needs to be purchased.
There are many people in the world who are mad about playing games and that is why in today’s market gaming has become a popular entertainment tool especially for the youth generation. It gave the idea to software developers to design real money earning games. Some of the popular real money earning games is Angry Bird, Clash of Clans, Pokémon Go, Temple Run, Candy Crush etc.
So the topic of discussion is how real money earning games are designed?
Strategies used for real money earning games: Pokémon Go
When Pokémon Go was realized in the United States, it took only a few hours of the day to earn much more money than all the apps in Google Play and Apple Store. It is one of the best real money earning games. Daily estimated revenue of this game is approx. $314,056 as per 29,946 daily installations. Is it not so surprising that people are not paying a single penny for installing and playing this game?
So here is the truth, there is the business model called Freemium in this real money earning games. This strategy in the first few years has literally wiped out the market for paid app-based games.
For monitoring the gameplay the game designers has applied some fundamental lessons of behavioral psychology. The first thing they do is they create some virtual currency, for which you have to spend money. You cannot realize that you are spending actual currency.
Games have another layer. For example, suppose in a game we pay with gold bars for lollipops and for gold bars, we will be paying with the credit card, which is distanced from actual payment. The results show that future estimates of spending were significantly higher in the credit card conditions than in the cash conditions.
On the top of that, the exchange rate is not simple. This is not like 50 cents for 50 gems. It is always like 1 for 50 cents. If incense cost is 80 poker coins and a batch of 550 poker coins is $4.45 what is the real price of incense?When it seems like we are playing for a long time and cannot clear a certain level then they give discounts, which are an actual business strategy. App Revenue Statistics 2015 says that total real money earning games app revenues have grown from $45,37B in 2015 to $76.52B in 2017.
When the computer came, Bill Gates made his first game which was named Tick Tack. From that time to till today computer games has changed from fun to real money earning games. Games have become a money making formula, a job opportunity not only for the public but also for companies.
Money Making Schemes real money earning games–
Today games are one of the big money making objects by using schemes like ADS, microtransactions.
Ads for real money earning games–
There are lots of popular games on the internet .where people almost get addicted. In these games, ADS come to play its role to generate revenue.There are lots of online gambling sites from where both company and public make huge revenue.
Micro-transactions/Freemium for real money earning games–
This is a process or a business model where the user can buy virtual goods by micropayment. Micro –transactions are used in free-to-play games to generate revenue to the Developer of the game.These micro-transactions are available as mobile apps or as normal computer games. They are sold through Apps store. This is a very big market for games Developer.
Read also about In-App Purchases.
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