Proven Game LiveOps Strategies: The KPIs For Lasting Success

  • author name By juegoadmin
  • Category name LiveOps
  • Calendar Icon Nov 29th, 2024
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Video games of today are living, continuously evolving things with thriving communities, frequent updates, and exciting events. The reason for this is implementation of LiveOps strategy. This approach of continuous improvement and holistic management has helped enhance gaming experiences and brought in more personalization.

The use of LiveOps in games has caused a paradigm shift in the relationship between gamers and developers, and player expectations have become a lot more discerning. Unfortunately, many developers are still unaware of how to implement LiveOps or what metrics to track, and are unable to unlock its true potential.

Here, we will walk you through some of the LiveOps best practices and help you get a competitive edge with a few secret tips and tricks.

What is LiveOps?

LiveOps, or Live Operations, refers to the continuous optimization and management of a video game beyond its release. It involves monitoring player behavior and performance, updating content, and responding to player feedback and data to make the gaming experience more exciting and engaging.

The goal of a LiveOps strategy is to boost player retention, which in turn enhances the opportunities for increased monetization. Minecraft, Candy Crush Saga, and Fortnite are games that pioneered the use of LiveOps – to great success, we may add.

Why is LiveOps so important today?

Monetizing games has become very challenging as consumers are on a cost-cutting mission. This survey by Appflyer found that in 2022, there was a 16% reduction in in-app purchases, and ads did not do very well either.

In fact, ads continued on a negative spiral steadily, and many studios had to rethink their monetization strategies. They turned towards LiveOps strategies instead, and fared better. This report by Sensor Tower indicates that the top 10 mobile games in 2022 also used LiveOps to drive success for their titles.

LiveOps strategy helps game studios and developers maintain player engagement in the long run, making it a much more lucrative approach than others.

Benefits of LiveOps Strategy for game developers

1.Resolve Issues Quickly

The original purpose of LiveOps was fixing bugs in games, detected post release. It is still the most practical use of LiveOps, as the gaming company is able to release fixes and patches for any problems in real time. There’s no need to wait for the release of the next version or game.

2.Deliver Enhanced UX and Engagement

When you follow a LiveOps approach, you can get closer to the players and collect feedback continuously, which you can act on. By fulfilling feature requests and releasing updates as per the feedback, you can deliver an enhanced experience, building players’ loyalty and trust, along with longer engagement with the game.

3.Increase Player Retention

Players move on to other games once they finish a static game — after all, there’s nothing more to do. But when you keep releasing new features and time-bound updates, you induce players to keep returning even if they have completed all the levels. Live tournaments within the game add tremendous excitement and incentivize players to come back.

Player retention can be more economical vis-a-vis player acquisition, especially with the high cost of advertising; LiveOps strategy can boost player retention and drive growth significantly.

4.Earn More Revenue

The ultimate aim of game LiveOps services is to help developers earn better revenue. As per this study, players spent more than 1.6 billion USD on mobile gaming each week in 2022. Just imagine the figures if players spend even more time in a game — there will be a surge in subscriptions and in-game transactions.

Top LiveOps strategies

1.Game Pass With Rewards

A game pass usually involves a systematic advancement system that enables players to earn in-game rewards. To do so, they must complete tasks, overcome challenges, achieve objectives, and so on. Fortnite has the Battle Pass, and Royal Match has the Royal Pass that offers players in-game currency and items that allow them to complete goals quickly.

2.Innovative Pricing Strategies

Skimming is a type of pricing where you first set quite a steep price for a feature but keep lowering it over time. Real-time or dynamic pricing involves responding to market trends and player demands and making price adjustments on the fly. AI and ML are often used for this LiveOps strategy.

3.Segmenting Players and Personalizing Ads

Segmenting players based on their activity and habits is an essential component of LiveOps strategy. This allows you to personalize offers; some offers may be too expensive for certain players, while other players may find them cheap. Segmenting your players can help you target them with the right offers and enjoy better conversion, and retention.

4.Seasonal Decor and Celebrations

This is a common LiveOps strategy, but is a winner. When you combine promotional sales and in-game events based on current trends, you create the FOMO effect, and can rake in the revenues. For example, selling ghostly skins for Halloween, or announcing a limited-time Black Friday sale with massive discounts can generate a lot of excitement.

Partner with us for winning LiveOps Strategies for your game!

Partner with us for winning LiveOps Strategies for your game!

Tips for using LiveOps strategy for best results

You need to have a strategic approach to effectively implement LiveOps. It is important that you understand your audience well, plan your event calendar, and conduct proper testing and analysis when the update is implemented.

You must examine trends and player preferences regularly, so that you can align your LiveOps strategy and content with their interests. It is important to segment players into various categories and offer personalized offers to different groups.

Getting the timing right is critical — you need to schedule the events in a way that guarantees consistent engagement without overburdening the players. Make it a point to be unpredictable; surprise flash sales rather than have a sale every second Wednesday, or so on.

Balancing in-game purchases and rewards is crucial; you should be able to make gameplay enticing without forcing a ‘pay to win’ situation. That is, the game should be winnable even if the player does not make a purchase; maybe it takes them longer.

How to measure the results of LiveOps strategy: KPIs

To understand how an event impacts the game and to be able to craft strategies for the future, it is vital that you measure the results of your LiveOps strategy. There are a number of metrics like player engagement, retention, feedback, and so on, that are important, depending on the purpose of each specific event.

Conversion rates are important when your primary aim is to get players to make an in-app purchase for the first time. Churned user re-engagement is what you should look at when you want to get back the players who had stopped playing.

A/B testing helps you evaluate different types of events, timing, and rewards to determine the most successful ones. You can get invaluable qualitative data when you scour social media to get player feedback and opinions.

The top KPIs for LiveOps you need to measure

Game developers must measure these metrics to effectively measure the impact of a LiveOps strategy:

1. Activity Metrics

  • Daily Active Users: DAU indicates how many unique players engage with your game on any specific day, helping you identify trends or variations that you may need to examine closely. It helps product managers to understand how well the game can retain players.
  • Weekly and Monthly Active Users: WAU and MAU give you a wider perspective over a week or month. You can identify player retention patterns and evaluate the long-term impact of your LiveOps strategy.
  • Session length: How long a player’s session lasts can help you understand how engaging and immersive your game is; as such, it is one of the key metrics for LiveOps.
  • New Users: To understand the efficacy of your player acquisition strategies, check how many new players have started playing your game, and the growth of your player base. It can help you inform your future marketing campaigns and content updates to attract more new users.

2. Traffic Metrics

Cost per Install: CPI measures the average spend on acquiring a new player via paid acquisition methods. Optimizing your CPI helps you maximize ROI on marketing and ensure sustainable growth.

Return on Investment: Calculating your ROI helps you understand the financial viability of a specific initiative and its impact on your bottom line. The cost of developing, implementing and promoting the game and LiveOps strategies, and the revenues generated from players are considered.

3. Monetization Metrics

  • Average Revenue Per User: ARPU tells you the average revenue a player generates over a particular time
  • Average Revenue Per Paying User: ARPPU focuses on players making in-app purchases to help you understand their spending behavior.
  • Lifetime Value: LTV is a forecast of the total revenue a player is expected to generate over their lifetime in your game, and helps you evaluate the long-term profitability of your LiveOps strategy.
  • Paying Share: Track the percentage of players making purchases in games to identify trends in spending behavior and tailor monetization activities to specific segments.

4. In-game Metrics

  • In-App Purchases: Studying the types and frequency of in-game purchases helps in strategy fine-tuning and identifying prospective income avenues.
  • Currency Levels: Monitor levels of both premium or hard and earned or soft currencies to gain insights into player progress, potential, engagement, and more.
  • Game Level Progress: Track player progress through levels to detect bottlenecks or potential points of disengagement. It will help you with updates and adjusting current levels.

5. Engagement Metrics

  • Retention: Measure player retention over different time periods to understand stickiness and likely churn
  • Churn Rate: Shows the percentage of players who have stopped engaging with the game, exposing potential issues and helping you implement re-engagement strategies.
  • Sticky Factor: Percentage of players who continue with the game beyond specific time periods.
  • Event Participation: Tracks how many players participate in game events and campaigns
  • Social Shares and Mentions: Monitoring game-related social media activity indicates brand awareness, player advocacy level, and community engagement.
  • Community Size: Tracking the growth and activity levels of your online community indicates player loyalty and possible long-term retention.
  • User Feedback: Collecting and analyzing player feedback delivers useful insights and helps identify areas for improvement and aspects your audience loves most.

Real-world case study of a successful LiveOps strategy

Mobile Games Like Clash of Clans

Supercell is a company that leveraged the power of data analytics to revolutionize the gaming experience, and set new benchmarks for player engagement and retention. Their popular title, Clash of Clans, harnessed data analytics to deliver improved player experience continuously.

  • They fine-tuned game mechanics after examining player behavior and feedback to ensure an exciting experience.
  • Player data was used to offer tailored content and events to different player segments to retain players and keep them engaged.
  • They successfully deployed lucrative monetization activities that did not intrude on game enjoyment, keeping it engaging for all segments.

Harness our LiveOps expertise for improved engagement and monetization

Juego Studios has in-depth experience in implementing LiveOps strategy that draws in fresh audiences, engages gamers, and retains existing ones for the long term. Hire LiveOps Specialists from Juego Studios to boost your game’s brand visibility and loyalty, and eventually game revenue.

Conclusion

LiveOps strategy requires continuous monitoring and optimization to ensure a delightful experience for players, one that keeps them immersed for long. You need to supervise a number of things like traffic, activity, monetization, engagement, and other metrics to truly understand player behavior, and shape your strategies and game features accordingly.

When done right, LiveOps can help you personalize gaming and deliver engaging experiences that can help you increase your revenues and build your brand. In a world where user acquisition and monetization is becoming increasingly challenging, implementing smart LiveOps strategies can help you stand out and achieve your goals. LiveOps can offer you increased control and flexibility and help you get ahead of your competition.

Frequently Asked Questions

It is a method of managing a game and its operations where a game is treated like a live service rather than a finished product. Updates, new features, improvements, in-game events, and promotions, are delivered continually, helping to deliver enhanced gaming experiences to the player community.

Finding the perfect balance between monetizing your game and delighting your users by fulfilling their expectations can be tricky. You have to ensure that the player experience is not hampered; at the same time, you need to bring in revenue through in-app purchases, ads, events, and other methods. Juego Studios has the expertise to strike this balance – talk to us for more information.

As nearly 50% of gaming revenue comes from mobile gaming, you need to seriously consider LiveOps strategies for mobile games too. Global revenues from games run into billions of dollars, and unless you enhance your mobile game frequently and acquiesce to user demands, you may miss a golden opportunity to capitalize on this trend. For more details, contact a Juego Studios representative now.

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