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Tom Seest

October 18, 2023

Can Starting Price Strategies Increase Bids for Online Games?

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How Starting Price Strategies Can Boost Bids In Online Games

By Tom Seest

Can Starting Price Strategies Increase Bids for Online Games?

At HowDoYouGame, we help people learn everything about games by collating information and news about games.

When pricing online games, there are several strategies you can employ to attract bids. One such technique is skimming prices.
This strategy involves setting the initial price of your game at a low level and then gradually raising it. But it’s essential that you select the right strategy for your product.

Can Starting Price Strategies Increase Bids for Online Games?

Can Starting Price Strategies Increase Bids for Online Games?

How Low Can You Go? Strategies for Attracting Bids with Starting Prices in Online Games

If your game offers something special and has an edge over its peers, setting a higher price may be worthwhile. This could range from advanced destruction physics to an exclusive soundtrack created by a popular musician. When launching an Early Access title, consider keeping the price low for the initial weeks and then increasing it later so players have time to buy before you increase it – this will attract new ones too! Additionally, announce your price increase beforehand so players don’t miss out on great deals.

How Low Can You Go? Strategies for Attracting Bids with Starting Prices in Online Games

How Low Can You Go? Strategies for Attracting Bids with Starting Prices in Online Games

How Low Can You Go? Using Starting Price Strategies to Attract Bids For Online Games

When setting the price for your game, it’s essential to take into account several factors. For instance, you may want to price it higher than competitors if the title offers something unique–from advanced destruction physics to a soundtrack from an established musician. Alternatively, you could offer discounts after some period of time or participate in sales periodically. You should also think about whether you want consistent revenue or occasional bursts of cash–depending on how well-established the game is and who the target audience is.

How Low Can You Go? Using Starting Price Strategies to Attract Bids For Online Games

How Low Can You Go? Using Starting Price Strategies to Attract Bids For Online Games

How Can Bundling Your Starting Prices Help You Win More Bids in Online Games?

If your game editions include extra content like in-game items or season passes, pricing them correctly is essential. Avoid pricing them too low, which might give users the impression that you are charging more than what the item is worth; at the same time, don’t price them too high so as not to put off buyers with specific budgets. You have several options when it comes to discounts: offer discounts after a year or participate in sales as often as possible, depending on how you plan to generate revenue and foster relationships with your community members.

How Can Bundling Your Starting Prices Help You Win More Bids in Online Games?

How Can Bundling Your Starting Prices Help You Win More Bids in Online Games?

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