An oft cited statistic in social gaming is that only 5% of your players are actually paying customers. So how do you monetize the other 95%? That’s where TrialPay comes in. We enable developers to monetize the players who are not willing to make in-app purchases (IAPs) by allowing them to earn currency by engaging with our advertisers. Additionally, we have found that value-exchange offers give users a taste of the benefits of virtual currency, and actually convert a significant percentage of non-payers to payers.
How do offers impact paid behavior, you ask? By studying the transaction data from a strategy game from a top web and mobile developer, using our offerwall, we found that:
8.17% of users that had made in app purchases for that game also completed an offer at some point
Almost 5% of payers are onboarded by offers*
For that game, 4% of total revenue came from payers onboarded by offers**
The average order size for these newly converted payers is 86% that of other payers — an impressive number, considering before the introduction of offers, these people weren’t going to purchase at all! Assuming offer revenue accounts for 14% of your game’s revenue (a reasonable estimate), this puts the lower bound for revenue attributable to offers at 17.67%.
Awesome! So what’s the upshot here? The benefits of TrialPay go beyond your run-of-the-mill offer revenue. TrialPay offers account for an additional 4% or so of your revenue, and onboards about 5% of your paying customers!
If you’d like to learn more about the ways that TrialPay’s value-exchange platform can be beneficial for your business, check out this recent blog post.
Want to know more about becoming a TrialPay partner? We’d love to hear from you!
* We only considered users who completed an offer before their first IAP
** Typical revenue boosts are between 4-10%