Business Factors Influencing Contemporary Gamer Spending

In recent years, the game market has seen rapid growth influenced by technological advancements, lifestyle changes like increased home time due to events such as the COVID-19 pandemic, and various socio-economic factors. This paper utilizes a literature analysis method to explore the factors affecting contemporary players' consumption behavior, focusing on game marketing, pricing strategies, and the economic environment. Through a comprehensive review of existing literature, this study uncovers the complex dynamics shaping players' consumption habits. It examines how effective marketing strategies influence consumer preferences and purchase decisions, the impact of different pricing models on player spending habits, and how macroeconomic factors shape purchasing power and gaming trends. Based on these findings, the paper proposes practical development suggestions for game developers and enterprises. These include refining marketing tactics, optimizing pricing strategies, and fostering innovation to adapt to changing economic conditions and consumer preferences. Additionally, it emphasizes the importance of governmental oversight to regulate game companies and ensure consumer protection, industry sustainability, and a favorable gaming environment.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2024-08-08
DOI
https://doi.org/10.54097/cehr1t72
Primary Topic
Digital Games and Media
Type
article
Field-Weighted Citation Impact
0.00
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article

Business Factors Influencing Contemporary Gamer Spending

Siqi Ning, Debin Zhou, Heyang Shen
Highlights in Business Economics and Management
Digital Games and Media
article

Business Factors Influencing Contemporary Gamer Spending

Siqi Ning, Debin Zhou, Heyang Shen
article en

Abstract

In recent years, the game market has seen rapid growth influenced by technological advancements, lifestyle changes like increased home time due to events such as the COVID-19 pandemic, and various socio-economic factors. This paper utilizes a literature analysis method to explore the factors affecting contemporary players' consumption behavior, focusing on game marketing, pricing strategies, and the economic environment. Through a comprehensive review of existing literature, this study uncovers the complex dynamics shaping players' consumption habits. It examines how effective marketing strategies influence consumer preferences and purchase decisions, the impact of different pricing models on player spending habits, and how macroeconomic factors shape purchasing power and gaming trends. Based on these findings, the paper proposes practical development suggestions for game developers and enterprises. These include refining marketing tactics, optimizing pricing strategies, and fostering innovation to adapt to changing economic conditions and consumer preferences. Additionally, it emphasizes the importance of governmental oversight to regulate game companies and ensure consumer protection, industry sustainability, and a favorable gaming environment.

Highlights in Business Economics and ManagementVol. 39
Anhui University (CN), University of Shanghai for Science and Technology (CN), Hunan University of Finance and Economics (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 79%
Digital Games and Media
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