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Unlocking the Secrets of Mobile Games: Lessons for App-Based Businesses
By Sandra Schneider, Senior Director Growth Partnerships Apps, Unity
The mobile gaming industry has seen tremous growth since the App Store's launch in 2008. As a result, mobile games have established a playbook that demonstrates how to scale an app-based business effectively and drive sustnable revenue growth. In recent years, many apps that were traditionally built on a premium subscription model or monetized through interstitials, native, and banner ads have been incorporating elements from the gaming playbook to expand their audience reach and accelerate their growth.
The Growth Loop in Mobile Gaming
Several key factors underpinning the success of mobile games include innovation around creative formats and investments in automations across various aspects of growth operations. One pivotal element is their focus on a comprehensive growth loop that seamlessly connects marketing activities with monetization strategies through centralized platforms, fueling data insights and automated optimizations for sustnable business scalability.
Insights for Marketing Professionals
Diversify Your Channel Mix:
To effectively reach new audiences at an optimal cost, it's crucial to expand beyond the traditional channels like social media or search engines. These are often the go-to options for most apps due to their perceived efficiency but can limit the breadth of user acquisition. For example, SDK networks might be more expensive than social media platforms; however, they offer access to high-quality users if utilized and managed effectively. Other popular alternatives include Apple Search Ads a targeted advertising placement through the App Store or in-device ads which connect app advertisers with device owners at moments when they're highly engaged.
Optimize Creative Strategy:
In an industry where user acquisition automation is a common practice, creative strategies play a pivotal role in distinguishing your brand from competitors. Crafting compelling and unique visual elements can significantly impact how users perceive the value of your app and whether it piques their interest or not.
Insights for Monetization Professionals
Mastering Virtual Economies:
Many app-based businesses utilize virtual economies as part of their revenue model, often through in-app purchases or subscriptions that allow users to unlock additional features or benefits. To effectively manage these systems, it's crucial to understand user behaviors and preferences. For instance, a music streaming app might offer two rewarded ads for skipping songs or a dating app could allow one ad to see who has liked your profile as an alternative to subscribing.
Incorporate Incentives for User Engagement:
Creating rewards that incentivize users to engage more with the app can be instrumental in driving long-term usage and retention. This can include virtual goods, points, badges, or exclusive content accessible through ads. For example, a fitness tracking app might offer free premium features like personalized workout plans as rewards after watching an ad.
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By integrating insights from successful mobile gaming strategies into your business model, you're not only enhancing user engagement but also expanding potential revenue streams through targeted monetization practices. As the digital landscape evolves, staying adaptable and embracing innovative tactics can give your app a competitive edge in attracting new users while retning existing ones effectively.
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Scalable App Based Business Strategies Mobile Gaming Industry Insights Sustainable Revenue Growth Tactics Creative Formats in Marketing and Monetization Virtual Economies for App Success User Engagement through Incentives and Ads