First purchase offer
Hooking New Spenders in your Web Shop is crucial for driving revenue. Here's how to incentivize those first-time transactions:
Offer chains
Let’s dive into how well-executed offer chains can create a more engaging and lucrative Web Shop monetization strategy.
First, analyze user data like purchase history and preferences and tailor offer queues to each player segment. This step lets you focus on items relevant to their past behavior, increasing the chance of a purchase.
Next, craft clear offer progressions. Each offer should build on the previous one, making the value proposition easy to grasp. Clearly communicate the benefits of each item, ensuring players understand why it's desirable.
Finally, create a sense of urgency with time incentives. Set timers lasting hours or days to encourage players to act before the deal expires. If a purchase isn't made, follow up with a different offer at a lower price point or with a distinct benefit or higher value.
Targeted in-game incentives
Engage your players with targeted offers based on their in-game actions — meaning special deals for those who:
Cohort-based offers
This method leverages your existing game’s cohorts to deliver targeted offers. It's ideal for a quick launch or working with limited historical data. Here's why it's a good fit:
Ready to maximize revenue opportunities? Reach out to our experts and learn how to start earning more and spending less.