That’s why entrepreneurs like to test their courage in game development.
In this blog, we will see ways to make revenue by developing games.
Develop Freemium Games
Free + Premium is the best way to make a consistent income. You need to develop a game and make it freely available. And then include features like level upgrades and premium assets. The foremost examples of these games are Clash of Clans, Candy Crush, PUBG, and lots more.
We all know how engaging and addicting these games are. People would like to try free features before deciding to purchase. Because of tough competition, most games are adapting this model.
If you are new to the gaming industry, this model is best fit for you. Paid games can’t get enough due to less popularity and credibility.
Take Advantage of Advertising on Your Games
People spend more time on games than any other apps. Because of Covid-19, people are playing games more than ever. According to Statista, there is a whopping 40% increase in the United States in time spent on games.
This is an opportunity for game developers to develop such games that people love to spend time. Earning revenue from Google AdSense requires knowledge of how AdSense works.
You must qualify for AdSense to show Ads on your games. You also need to consider where ads should show in your game.
You must not break gaming experience by showing ads. Showing ads on your games are beneficial if your games are popular.
You must avoid click bait and other spammy techniques that auto generate money. This may lead to permanently blocking your account. So staying away is always better.
This is only recommended for companies that are in the gaming industry for quite some time. If you are popular and credible, then you can also launch paid games.
You should have developed consistent gaming experience in the past. People are ready to spend on games because of unique experience and brand consistency.
You may need to invest in marketing strategy to reach a wider audience. Brand awareness is the most important for successful paid games.
You need to stand out from the ocean of millions of games. Unique features of your games will help you attract more buyers.
If you are new to the gaming industry, then it is not recommended to you.
Earning revenue from games is clearly not an easy task. But it is achievable and has higher ROI when games become successful. If your people love your games, then income will be a by-product.
You can incorporate two or all the ways to earn. Most game developers or publishers combine freemium and advertising to earn more. But I do not suggest it for newbies.
Had more thoughts or knew another way of earning? Let’s discuss at NSDBytes.