08 Feb HOW GAME MONETIZATION CONSULTANTS HELP TAKE VIDEO GAMES TO THE NEXT LEVEL
If you haven’t met one, a game monetization consultant specializes in helping mobile, console and online game developers identify, evaluate and optimize profitable revenue models for their titles. Experts apply analytical expertise in areas like player psychology analysis, pricing strategy, and platform partnership dynamics as game monetization consultant to advise on ideal monetizing configurations whether via in-app purchases, subscription passes, advertising placements or other means.
Practitioners often meticulously instrument early game prototypes to capture player usage metrics and potential purchasing trigger events, often running numerous variations to gauge appeal. Data like completion rates of key levels, uptake of virtual goods, and response to access privileges offers game monetization consultants early reads on willingness to pay. Consulting firms and management consultancy services leaders use findings to estimate player lifetime values given cost structures. Initial valuations underpin recommendations on game economy balancing and revenue feature prioritization alongside gameplay flow adjustments to drive conversions.
Seasoned game monetization consultant may also build regression models estimating revenues for parameters like introducing time delays, stamina limitations, tiered virtual items, seasonal sales, referral programs and other incentive structures proven to lift average revenue per paying user rates. Advisors sometimes simulate customer choice dynamics to identify psychological tipping points and incentive tweaks optimizing income. Ongoing tuning guidance once titles launch focuses developers on continually maximizing returns from highest-value player segments to budget for sustaining communities long-term.
On the strategic side, experienced game monetization consultants likewise advise clients on navigating platform gatekeeper relationships inherent across dominant virtual marketplaces like iOS App Store, Google Play and leading online gaming portals. Consulting pros clarify tradeoffs around revenue share ratios to enhance store featuring and discounts which amplify downloads for titles reliant on high free user adoption into paying converts. Advisors illuminate partnership dynamics essential for titles not only attracting initial buzz but converting buzz into revenues funding future game development and communities.
Typically, the majority of game monetization consultants guide clients aligning gameplay incentives with income generation while carefully walking ethical lines around manipulation. Input and support unlocks sustainability for passionate developers to keep perfecting titles players love rather than hurriedly rushing derivative sequels to market. Consulting firms and services allow creativity flourishing alongside commercial success.