The gaming market is set to explode with an estimated value of $314 billion by the year 2027. And it’s never been a better time to use in-game advertising for your brand.
In-game advertising is a relatively new concept, but it continues to grow in popularity. Essentially, in-game advertising involves placing ads in games. If you’re looking for a new and innovative way to advertise your company, then in-game advertising may be the perfect solution for you.
In this blog post, we’ll discuss the benefits of in-game advertising and provide some examples of how it has been used successfully in the past.
Keep reading for the full details.
What Is In-Game Advertising?
In-game advertising is a type of advertising that appears in video games. Contrary to some people’s beliefs, in-game advertising is not just for consoles. It’s also used in mobile apps and PC games as well.
In-game advertising is an effective way to reach a target audience because it allows you to place your ad in front of millions of people who are already engaged in an activity that they enjoy.
Some people believe that in-game advertising is intrusive and takes away from the gaming experience. However, if done correctly, it can be a valuable tool for companies looking to reach a specific audience.
Benefits of In-Game Advertising
There are many business marketing benefits of in-game advertising. Let’s take a look at some of the most beneficial aspects of this marketing strategy.
Promote Products or Services
One of the prime aspects of in-game advertising is that it allows you to promote your products or services. You can place your ad in front of people who are already interested in the type of product or service that you’re offering.
For example, if you sell sports equipment, then you could place your ad in a football game. This would be an effective way to reach people who are interested in purchasing your sports equipment.
In-game advertising can generate valuable leads for your brand. For example, if you’re a real estate company, you could place an ad in a game that allows players to build their own virtual homes.
This would be an effective way to generate leads because you would be able to reach people who could be interested in your services.
Increase Brand Awareness
In-game advertising is also an effective way to increase brand awareness.
This is because people who see your ad will associate your company with the game they are playing. As a result, they will be more likely to remember your company when they are looking for a product or service that you offer.
In-game advertising also leads to increased revenue and ROI. This is because you will be able to reach a larger audience with your ad. As a result, more people will see your ad and become interested in your products.
In-game advertising is a form of neuromarketing. This is because it uses sensory input to influence the player’s emotions and behavior.
For example, if you place an ad in a racing game, then the player will associate the feeling of speed and excitement with your brand. As a result, they will be more likely to purchase your products.
Keep Gamers Engaged
Gaming ads will keep gamers engaged with your products.
For example, if you’re a game developer, you could place an ad in your game that allows players to purchase virtual currency. This would be an effective way to keep people playing your game because they would be able to use the currency to buy new items or upgrades.
Less Expensive than Traditional Ads
In-game advertising is also less expensive than traditional ads because you only have to pay when someone sees it.
For example, if you place an ad in a game with millions of players, you will only have to pay when someone actually sees your ad. It’s much cheaper than paying for a television or radio commercial.
Types of In-Game Advertising
In-game advertising can take many different forms. Here are a few of the most popular types of in-game advertising:
An offer wall is a type of in-game advertising that allows players to earn rewards for completing offers. It’s a great way to generate leads because you can offer people something of value in exchange for their info.
Coupon ads are in-game advertisements that allow players to redeem coupons for real-life products. It’s a great way to increase brand awareness because it allows people to see your product in a positive light.
Rewarded ads are a type of in-game advertising that allows players to watch an ad in exchange for a reward.
For example, you could have your ad placed as a requirement to unlock an in-game incentive. This is a great way to advertise because they will be motivated to watch the ad to get the reward.
Interstitial ads are a type of in-game advertising that appears between levels or gameplay. They’re used to increase brand awareness or generate leads.
Display banners are a type of in-game advertising that appears on the game screen. You can use them to promote your company or product discreetly.
Playable ads are a type of in-game advertising that allows players to interact with the ad. For example, if you are a game developer, you could place a playable ad in your game that would allow players to test drive a virtual car.
Contact Media Shark for In-Game Advertising Services
In-game advertising is a growing industry, and it’s expected to continue to grow in popularity in the years to come.
If you’re looking for a new way to bolster your company marketing, then in-game advertising could benefit your brand significantly.
Media Shark is a leading advertising agency that can help you reach your target audience through various in-game ads. Contact us today to learn more!