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PREVIOUS:The two main methods of monetization used in mobile games are in-app purchases and advertising revenue. With in-app purchases, users can use real money to purchase in-game items or virtual currency, such as power-ups, additional lives, or cosmetics that improve gameplay. Banner ads, interstitial ads, and rewarded video ads—which players can watch in exchange for in-game rewards—are some of the advertising that are displayed within the game to generate revenue. Players who use in-app purchases to enhance their gaming experience are directly monetized. If the game allows users to purchase attractive and worthwhile items, then this strategy could be very lucrative.NEXT:When implemented effectively, virtual goods & in-game currency have the potential to significantly increase player engagement and revenue for mobile games. Popular strategies for making money from mobile games while giving players something of value include reward ads and offer walls. In-game incentives like in-game currency, power-ups, or additional lives can be obtained by players by watching video advertisements, which are known as reward ads. Conversely, offer walls show players a range of offers from outside sponsors in return for in-game incentives. A free trial, survey completion, or a purchase from a partner business are some examples of these offers.
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