According to a recently published study, the gamification market is expected to reach $74 billion by 2029, with a CAGR growth rate approaching 29%. These are extremely impressive figures, and when you consider that gamification techniques are used to influence consumer behavior, they affect us all. In other words, this is not just a strategy used by iGaming brands like IceCasino, as some might assume: as consumers, we encounter its applications in almost every aspect of our daily lives. Let’s take a closer look at this strategy, which is based on simple yet effective psychological principles.
In its simplest form, gamification involves incorporating elements and mechanics seen in games into the marketing techniques of other industries. The aim is to increase the popularity of a specific product or service. Consumers are motivated through certain methods, which are based on the principles of goals, rewards, and competition. To put it simply:
Although these are simple principles, they can be incredibly effective when applied correctly. Gamification is not a strategy that rewards the consumer for every simple action they take. For example, earning points for every product you purchase is a very simple and inefficient application of this strategy. However, for example, donating a portion of the amount you pay for every ten purchases to a social welfare organization and earning a badge in return would be a much more effective and efficient strategy.
The reason this strategy works is related to the chemistry of our brains. When you get a reward—regardless of its type—your brain releases dopamine. This is a hormone associated with happiness. Even if you are not aware of it, your brain eventually establishes a connection between the reward and dopamine and begins to encourage you to continue seeking rewards in order to keep the hormone flowing. This is technically called the “dopamine reward loop”—a happiness cycle based on repetition. The simplicity of gamification becomes an advantage here, as your brain can easily understand what needs to be done to receive the reward.
Gamification is a strategy rooted in games, but after being refined in other industries, it has returned to games in a much more advanced form. Regardless of type and platform, you can see these strategies being used in almost every game developed in the last 10 years. Casino games are at the forefront of this trend, as they are already designed to encourage players to achieve a goal and compete. In other words, they are inherently well-suited for gamification. Here are a few examples:
However, casino games are not the only category where gamification techniques are applied. The same techniques can also be seen in PC, console, and mobile games. Here are some examples:
Considering how successful these results are, it is safe to say that gamification techniques will not disappear, but will instead evolve into more effective and personalized forms.
With the use of artificial intelligence, we can safely say that gamification techniques will become much more personalized in the near future. Currently, these strategies are aimed at the general public, but they will soon become personalized, offering each player/consumer goals and rewards tailored to their own playing/consumption style. This will make them much more effective and productive. The way we play games and our habits as consumers are changing, and gamification strategies are leading the way in this transformation.
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