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These Gaming Microtransactions Are Bringing In Huge Profits
Posted
August 30, 2021
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August 30, 2021
13
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0:37Now PlayingFree to download games are bringing in loads of money. Want to know how? Check out the video!
Welcome back to Bold TV with David Grasso. Be sure to like, comment, and subscribe to Bold TV for all things Bold.
Today, the gaming industry is a $100 billion business. Free to play games are able to get loads of money through in game purchases called microtransactions.
Before, we had to wait a while for our favorite game sequels to come out. Now we get more game updates than new game editions. For example, Fortnite, the massively popular battle royale game, is free to play. But there are many add ons you can buy in-game to upgrade your experience. These in-game purchases (microtransactions) have brought in an astonishing $14 billion since 2018.
Over 60% of video gamers are Millennials and Gen Z. This is a core of their audience and they aren’t going anywhere.
Have you purchased any in game purchases (microtransactions)? Let us know in the comments below!
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