Entrepreneurs: Here’s Why a Gaming App Should Be Your Next Venture
As an entrepreneur, you will constantly be on the lookout for new and exciting ideas for business ventures. And, if there’s one smart choice right now, it’s anything to do with smartphones. It’s no secret that we’re all glued to our devices, and they now act as everything from a calendar to alarm clock, a way to catch up on work, with friends, with the news and so much more. They’re perfect for keeping us occupied when we’re bored or at a loose end. And, mobile gaming apps have filled that void perfectly. If you’re looking to make some serious cash, the industry of gaming app is the perfect way to go about it. Here’s why.
You Can Reach a Wide Audience
To be able to play a PC or a console game, you need the right equipment. You often need items that are made specifically for gaming, such as a gaming keyboard and mouse, headset and more. For this reason, it’s usually more hardcore gamers and fans that purchase these kinds of games. Meaning the audience you can reach when you create them is much narrower.
However, when it comes to gaming apps, just about everyone owns a smartphone these days. In most first world countries, way over ninety percent owns one and in most cases, it’s in the high nineties. For this reason, you have the potential to reach a massive audience. Just about everyone has downloaded a gaming app onto their phone to kill time and some point or another, and they’re popular with both adults and children. In business, being able to reach such a large percentage of the population puts you in an excellent position.
There’s Potential to Earn Well
When it comes to gaming, it was once a case that people would spend money on a game up front which would give them full access to play freely. However ‘free to play’ models that were made famous in Asia have now reached the West. It has given gaming and app designers the opportunity to monetize well. Companies like www.finalfantasyxvapp.com have utilized this model, where the initial download and game is free. But, in order to advance or speed up certain systems, you can buy things like game tokens with real money. The game can still be enjoyed without these things. Researchers have shown that at some point, most people will make at least a small purchase to improve their gameplay experience. As a developer, this is money in your pocket. Which, can be used to expand the game or create more games.
There’s a Strong Future in the Industry
As an entrepreneur, one of the most important things to consider isn’t just whether your venture will be earning money in the here and now, but how viable an idea it is for the future too. When it comes to mobile gaming apps, they’re here to stay for the foreseeable future. Not only do they account for a huge share of the gaming market in general, but better quality games are being produced- and more of them. Thanks to the improvement of technology with more advanced phones being released all the time. As developers, we have the perfect platform to appeal to people through high-quality games.