Generating revenue while maintaining an enjoyable and fair gaming experience can be challenging. But to make ‘Ridl Ye This’ gaming experience as user friendly as possible we plan on limiting the number of monetization strategies available. Here’s how we plan to deploy our monetization strategy to generate revenue while maintaining an enjoyable and fair gaming experience for the player of our ‘Ridl Ye This’ game for mobile devices.
INITIALLY we plan on using:
Freemium Model: Providing a basic KOHAI version for free with paid upgrades to unlock categories, skill levels, additional time, additional picks and an ad-free fully functional SENPAI version #FreeToPlay #UpgradeYourExperience #RidlYeThis #WordGuessingGame
E-commerce In-App Purchases: Selling related merchandise such as keychains, coffee mugs, t-shirts etc. #WordGameStore #GetYourGameGoods #WordGameShop #WordGameNovelties
DLC (Downloadable Content): Releasing additional game content, for players to purchase and enhance their gaming experience. For example selling specialized riddle packs or theme based categories for expanded gameplay. For example we can create a song title category and create riddles associated with that category. #CategoryGameThemes #NewRiddlePacks #DLC #DownloadableContent #GamingExperience #GameEnhancements #InGameContent #AdditionalContent
Donations: Accepting voluntary contributions or tips from users or supporters who appreciate your content, services, or cause. Now who could pass up a GENEROUS offer of a DONATION.
FUTURE monetizations we would like to implement:
Events and Tournaments: Organizing competitions for players with entry fees. #RiddleGameTournament #JoinTheCompetition #WordGuessingGameTournament #RidlMastersTournament #RidlyethisTournamentCompetition
Branded Partnerships & Sponsorships: Partnering with brands for promotional opportunities, collaborating with popular brands for themed content. #WordGameBrands #BrandCollabs #WordGameSponsors #BrandPartnerships
Licensing, Royalties and IP Expansion: Granting others the right to use your intellectual property, trademarks, or copyrighted content, for use in other media or merchandise, such as movies, TV shows, comics, or toys, in exchange for a licensing fee or royalty payments. Because RidlYeThis would also be a great option for a T.V. Game Show, pursuing a licensing or royalty agreement is a real possibility. Ridl Ye This is already registered with the USPTO and WHERE1WORDNZ&ANOTHERBGINZ the slogan is a trademark pending registration. #Licensing #Royalties #IntellectualProperty #Trademarks #CopyrightedContent #LicensingAgreement #RoyaltyPayments #TVGameShow #RidlYeThis #USPTO #TrademarkRegistration #SloganTrademark #IPExpansion #Media #Merchandise #TVShows #Comics #Toys #BrandExpansion #CrossMedia
So there you have it, we showed you how we hope to generate revenue while maintaining an enjoyable and fair gaming experience for our users.
Related
What Makes a GREAT Word Guessing Game
Posted on May 23, 2023
A great word guessing game is one that is both challenging and fun. It should be able to engage players of all ages and skill levels. Here are some key elements that make a great word guessing game:
For those of you who enjoy playing word guessing games on your desktop or mobile device? We have an exciting invitation for you! We're looking for volunteers to join our BETA and A/B testing group for RidlYeThis, our captivating word guessing solit…
Since the board game is already finished and ready to sell, isn't the logical answer to the question, board game? Well not necessarily, because there are several benefits to proceeding with the app first. Plus there's also advantages to having a t…