Color of Money (Monetization of Emotion) - Max Skibinsky, Founder at Inporia

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Max Skibinsky, Founder of Inporia and former Founder of Hive7 (acquired by Playdom), presented at our SF Game Monetization event on May 9th, 2012. Check out the SF Game Monetization meetup: http://www.meetup.com/SFGameMonetization/ In this presentation, Max talks about the key to monetizing games is by tailoring the purchases to a player's emotions.

Transcript of Color of Money (Monetization of Emotion) - Max Skibinsky, Founder at Inporia

Color Of Money Monetization of emotion

By Max Skibinsky

Kaleidoscope: fashion inspired

1. Platonic Labels

ARPU

Social media MAU

ARPU

Gamefication

DAU

ARPU

Social media MAU

ARPU

Gamefication

DAU

ARPU DAU

MAU

ARPU

- No way, bitches! Aristotle

[ according to Wikipedia, during next 3 hours ]

New knowledge?

Example 1: Are they games?

Are they games?

Are they games?

Games are Series of interesting decisions

-Sid Meier

Are they games? No decisions, no penalties, no failure

no storyline, no conclusion

Just endless flow

Example 2: virtual goods?

Knighthood

Knighthood message

Queen cersei is a total ho!!!

Queen cersei is a total ho!!! Respond for $3?

Knighthood message

Queen cersei is a total ho!!!

I never took money for it!!! Respond for $5?

Knighthood message

Queen cersei is a total ho!!!

I never took money for it!!!

Mom??!!! Respond for $10?

Knighthood message

virtual goods?

not exactly “games” It’s not only “virtual goods”

FREE your mind!

2. POST tech

Jobs-ian vs. Gates-ian

Post Tech

•  Fully Jobs-ian world now • Everybody ó everybody | 24/7 •  Tech is invisible plumbing • World wide lattice of emotions • Emotions propagate instantly

Keyword?

Emotion

40 years later Tech: we got it!

Better platonic label

shared emotional experiences*

* via technology channels Old labels are obsolete: “web app”, “mobile app”, “social media”, etc

$50 Beat it

New game

[old] tech limits is the only driver of the model

New “invisible” tech

flow of emotions in the lattice

No old rules, no old boundaries

Re-invent everything

3. Monetization of emotion

I’m consistent I’m creative

I’m TALANTED I’m successful

I’m rich

I

Love me! I pay attention to you

My (X) Is longer I like you

I’ll help you

II

I serve the cause We got your back

One for ALL & All for one I’m part of the BIG thing

We are together

IX

we are family!

l

Creating & changing habbits

BJ Fogg, phD

bjfogg.com

behaviorgrid.org

Fogg Behavior Grid

Emotional experience cloud

Digital habits

The big finale

Ignore old labels! (bitches)

Make & sell emotional experiences

understand the flow

max@skibinsky.com facebook.com/lordmax startup-russia.com Kalei.do

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