finding potential for monetization in social casino | michal witkowski

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Finding Potential for Monetization in Social Casino Michał Witkowski GameDesire Ltd. Head of Product Analytics

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Page 1: Finding Potential for Monetization in Social Casino | Michal Witkowski

Finding Potential for Monetization in Social Casino

Michał Witkowski

GameDesire Ltd.

Head of Product Analytics

Page 2: Finding Potential for Monetization in Social Casino | Michal Witkowski

About company

• GameDesire Ltd. – est. 2004 (previously known as Ganymede)

• The leading social casino games developer in Poland

• Key products:• Snooker Live Pro

• Pool Live Pro

• Poker Live Pro

• GameDesire.com

• Key markets:• Poland

• Brasil

• USA

Page 3: Finding Potential for Monetization in Social Casino | Michal Witkowski

About me

• Game data analyst by profession• Head of Product Analytics at GameDesire Limited

• Psychologist and researcher by education• Jagiellonian University in Krakow

• LangUsta Lab for Psychology of Language

• Gamer by passion• PC games (rouglikes, RPG, turn-based strategy)

• Narrative RPGs (World of Darkness, Neuroshima)

• Modern board games

• Chess

Page 4: Finding Potential for Monetization in Social Casino | Michal Witkowski

Introduction

• Main goal:• Social casino vs other casual games – similarities and differences

• Deriving possible strategies from data

• Presentation plan:1. Information about analysed games and data scope

2. Engagement metrics

3. Basic financial metrics

4. Lifetime value analysis

Page 5: Finding Potential for Monetization in Social Casino | Michal Witkowski

Social casino games

In-house data from the following games:

• Poker Texas Hold’em („Poker Texas”)

• Golden Reels Casino Slots („Slots”)

• Bingo

Page 6: Finding Potential for Monetization in Social Casino | Michal Witkowski

Non-casino casual games

In-house data from the following games:

• Pool Live Pro

• Snooker Live Pro

• Mahjong

• Last Temple

Page 7: Finding Potential for Monetization in Social Casino | Michal Witkowski

Design of the analysis

• Players group: Web (non-mobile) players and their paymentsonly. Extra focus on FB

• Data sources:• In-house analytical system

• Engagement and monetisation: representative time period from 2015,allowing for comparison across the products

• Lifetime value analysis: 2014-2015 payments data

Page 8: Finding Potential for Monetization in Social Casino | Michal Witkowski

Traffic metrics

0.0% 100.0%

Slots

Poker Texas

Non-casino

Bingo

Traffic metricsFB / all partners comparison

Reactivations New registrations

Commentary:

• Observation: Newly registered players overflow in Slots and Poker

• Possible action: Take 1st session funnel to perfection

• Observation : Little new registrations on Bingo

• Possible action : Work on reactivations and loyalty of your Bingo

players

New regsitrations / MAU

Reactivations / MAU

New regsitrations / MAU

Reactivations / MAU

FB

All

Traffic metricsBenchmarked against non-casino games

Poker Texas Slots Non-casino Bingo

Page 9: Finding Potential for Monetization in Social Casino | Michal Witkowski

Cohort retention

D7 / D1 retention ratio

D28 / D1 retention ratio

D7 / D1 retention ratio

D28 / D1 retention ratio

FB

All

D1 / 7 / 28 cohort retention comparisonSplit per game and affiliate

Slots Poker Texas Bingo Non-casino

• Cohort vs rolling retention

• 100/50/25 rule

• Is the rule present in social

casino?• Repeatability

• Many similar games on the

market

• Competitive market

Page 10: Finding Potential for Monetization in Social Casino | Michal Witkowski

Cohort retention

D1 retention

D7 retention

D28 retention

D1 retention

D7 retention

D28 retention

FB

All

D1 / 7 / 28 cohort retentionBenchmarked against non-casino games

Non-casino Slots Poker Texas Bingo

Commentary:

• Observation: low long-term retention

• Possible action: long-term retention mechanism

• Observation: low FB retention

• Possible action: dedicated websites? Notification

mastery?

0.0% 100.0%

Non-casino

Poker Texas

Bingo

Slots

Players' retentionFB / all partners comparison

D1 retention D7 retention D28 retention

Page 11: Finding Potential for Monetization in Social Casino | Michal Witkowski

Game sessions metrics

Session time

Sessions played daily per user

Session time

Sessions played daily per user

FB

All

Game sessions metricsBenchmarked against non-casino games

Poker Texas Slots Bingo Non-casino

0.0% 100.0%

Non-casino

Bingo

Poker Texas

Slots

Game session metricsFB / all partners comparison

Sessions played daily per user Session time

Commentary:

• Observation: Short Slots and Bingo sessions

• Possible action: Show as much as possible, as quickly

as possible (Tradeoff: information overflow / content

hype)

Page 12: Finding Potential for Monetization in Social Casino | Michal Witkowski

Basic financial metrics

Conversion rate

ARPPU

ARPU

All

Basic financial metricsBenchmarked against non-casino games (all partners)

Non-casino Slots Poker Texas Bingo

Conversion rate

ARPPU

ARPU

FB

Basic financial metricsBenchmarked against non-casino games (FB only)

Non-casino Slots Poker Texas Bingo

Page 13: Finding Potential for Monetization in Social Casino | Michal Witkowski

Basic financial metrics

0.0% 100.0%

Conversion rate

ARPPU

ARPU

Basic financial metricsFB / all partners comparison

Non-casino Slots Poker Texas Bingo

• Observation: Social casino relatively

less profitable on FB

• Possible action: Use dedicated

gaming websites / platforms

Page 14: Finding Potential for Monetization in Social Casino | Michal Witkowski

Lifetime value analysis

Probability of first payment per lifetime dayBenchmark against non-casino games

Bingo Non-casino games Poker Texas Slots

Bingo

Non-casino games

Slots

Poker Texas

Days to first payment (median)

Commentary:

• Observation: payers in social casino are moreimpulsive

• Possible action: Unethical and short-term, butpossiblyprofitable high early monetisation pressure

• Observation: Most Poker payers emerge by D2• Possible action: Early VIP offers for your payers

Page 15: Finding Potential for Monetization in Social Casino | Michal Witkowski

Lifetime value analysis

DAY 0 DAY 30 DAY 60 DAY 90 DAY 120 DAY 150 DAY 180

LTV realisation curve

Bingo Slots Poker Texas Non-casino games

• Observation: Poker players tend to

realise their LTV much earlier than

other games

• Possible actions: Experiment with

1st session monetisation mechanisms; create attractive early

payments offers

• Observation: Bingo and Slots

payers realise their LTV like casual payers

• Possible action: create offers that

would be attractive for mid- and

long-term players

Page 16: Finding Potential for Monetization in Social Casino | Michal Witkowski

Lifetime value analysis

Probability of becoming a multiple-paying user per day of first transaction made

Bingo Non-casino games Poker Texas Slots

Average amount of payments per first payment date

Benchmarked against non-casino games

Bingo Non-casino games Poker Texas Slots

Commentary:

• Observation: The most valuable players in Bingo deposit first after 6-9

months of playing

• Possible action: treat your acquired traffic as a long-term investment,

work on players’ loyalty and long-term retention

• Observation: Tradeoff in payments - pay early or pay frequently

• Possible actions: choose which one works best for you

Page 17: Finding Potential for Monetization in Social Casino | Michal Witkowski

Lifetime value analysis

DAY 1+ DAY 11+ DAY 31+

Percentage of a multiply-paying users yet to make their first payment

Non-casino games Bingo Slots Poker Texas

Commentary:

• Observation: Multiple Poker

payers emerge very early on

• Possible actions: VIP clubs and

special offers; quick contact with

paying users

• Observation: Multiple Bingo

payers emerge relatively late

• Possible action: Focus on loyalty

rather than quick monetisation

Page 18: Finding Potential for Monetization in Social Casino | Michal Witkowski

Summary - Bingo

• Traffic characteristics:• Loyal and conservative users

• The most casual of the three social casino games

• Engagement strategy: • Think and plan in a very long term

• Work towards loyalty and reactivations

• Monetisation strategy:• Don’t pressure monetisation too early, focus on retention

• After the critical mass is reached, the game will produce steady income

Page 19: Finding Potential for Monetization in Social Casino | Michal Witkowski

Summary – Poker Texas

• Traffic characteristics:• Impulsive, highly-monetising users• Unstable, leaving often and usually early

• Engagement strategy:• Working on short-term retention will ensure the quickest and highest profit of all

analysed games• Working on long-term retention might be very difficult (competition), but will help in

keeping long-term payers satisfied and faithful

• Monetisation strategy:• Important tradeoff: quick payments vs multiple payments• D0 is critical in Poker Texas in generating LTV• BUT most of the early-paying users don’t deposit again, as opposed to D1+ first-time

payers• Rely on VIP clubs and / or special offers to keep your paying users engaged• Consider using a dedicated website for Poker

Page 20: Finding Potential for Monetization in Social Casino | Michal Witkowski

Summary - Slots

• Traffic characteristics:• Moderately impulsive payers• Play for short preiods of time

• Engagement strategy:• Design your game to show off the important content as early and as

concisely as possible• Focus on mid-term retention

• Monetisation startegy:• Using monetisation pressure after a few sessions will be most

profitable

• Use mid-term retention mechanisms to get your players there

Page 21: Finding Potential for Monetization in Social Casino | Michal Witkowski

The end!

Thank you for attention!

Do you have any questions?