{"id":821,"date":"2024-06-06T13:57:59","date_gmt":"2024-06-06T08:27:59","guid":{"rendered":"https:\/\/www.paytunes.in\/blog\/?p=821"},"modified":"2024-06-06T13:57:59","modified_gmt":"2024-06-06T08:27:59","slug":"what-would-encourage-brands-to-invest-more-in-gaming","status":"publish","type":"post","link":"https:\/\/paytunes.in\/blog\/what-would-encourage-brands-to-invest-more-in-gaming\/","title":{"rendered":"What Would Encourage Brands to Invest More in Gaming?"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">What is the one thing that could get brands to spend more money on gaming?<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Many brands still hesitate to test the waters of gaming advertising.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is often due to a lack of insecurity about the return on investment, especially for larger activations within game worlds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Media Leader surveyed gaming experts to find out what brands would do to increase their spending on gaming.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Phil Rowley is the head of Futures at Omnicom Media Group.<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The first thing I&#8217;d like to stress to brands that are unfamiliar with gaming or who feel intimidated is to distinguish between gaming and metaverse.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Gaming can be computerized competition of any kind, from Call of Duty to Scrabble. Globally, 3 billion gamers are considered to be the broadest definition. Virtual reality is a subset that includes immersive 3D virtual worlds. This is an enormous opportunity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Second,&#8221; says the report, &#8220;brands should see gaming as an array of opportunities with easy and affordable entry levels that utilize familiar metrics from traditional media. Sports are a good example: You can advertise on the team shirts or perimeter boards during a match. You can sponsor the broadcast or purchase a 30-second advertisement during the half-time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The same advertising formats are available for all gaming budgets, such as banners, audio, outdoor, and video ads. There are also options for sponsorships and partnerships. They are just as simple as the ones found on non-gaming channels.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Nina Mackie is the co-founder of WeGame2 and its chief revenue officer.<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">&#8220;Boosting gaming ad spend involves several strategies. However, a major focus should be creating a unified buying process. Brands and agencies have noted that the fragmentation of the gaming industry is a major barrier. Dealing with multiple vendors, their products, and metrics can be time-consuming and inefficient.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;In response to this, the IAB revised their in-game intrinsic guidelines in August 2022. They standardized viewable impression metrics and expanded beyond 2D formats. The advertising landscape for gaming is still largely unorganized despite these efforts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The introduction of platforms such as IION that offer a single solution to purchase ad spaces targeting gamers &#8220;in the game,&#8221; &#8220;away from the games,&#8221; and &#8220;around the games&#8221; signals a move towards simplification. This approach is similar to advertising on connected TV or social media and promises to streamline the reach of gaming audiences.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Michael Smith is vice president of sales for EMEA.<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Data-backed education is one thing that can get brands to invest in gaming. Gaming is an attention-grabbing medium for brands. There are still many misconceptions regarding how easy it is for brands to enter the gaming world and what impact it will have on their campaign.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;For instance, Anzu has just published a study that dispels myths that in-game advertising is only effective for driving awareness at the top of the funnel. These ads are effective across the funnel and can boost purchase consideration (+5 points), outperforming online video, CTV, display, etc.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As more brands look at gaming, there will be more data and education. &#8220;I can&#8217;t emphasise enough how important it will be for us to work together as an entire industry to help grow and mature this space, which, in turn, will bring more standardisation and best practices to the space.&#8221;<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Lucy Rissik is a video games and brand partnership consultant.<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Many brands undervalue the industry and do not realize its size. It is often forgotten that approximately 50% of all gamers are female. More women aged over 18 than men play video games. Brands can benefit from an engaged audience by understanding the industry and its opportunities.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">&#8220;On the other hand, game companies need to be more open-minded about the opportunities that are presented. Culturally relevant brands will enhance the gaming experience and show gamers that the game companies understand them. I&#8217;d also like to see more innovative ways of integrating brands into games, going beyond free skins or billboards.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Read More &#8211; <\/span><a href=\"https:\/\/www.paytunes.in\/\"><span style=\"font-weight: 400;\">Audio Advertising<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the one thing that could get brands to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71],"tags":[10,198],"ppma_author":[321],"class_list":["post-821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","tag-paytunes","tag-what-would-encourage-brands-to-invest-more-in-gaming","author-user"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Would Encourage Brands to Invest More in Gaming? 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With over 8 years of experience specializing in Google Ads, Meta Ads, SEO, and web design, Nikhil plays a pivotal role in driving the digital marketing strategies that power Paytunes\u2019 growth in the audio advertising space. He has played a key role in driving Paytunes\u2019 digital marketing initiatives, including the development of a weather-triggered audio campaign for TATA AIG General Insurance, which was shortlisted for the \u2018Best Regional Campaign \u2013 APAC\u2019 award. He has a strong background in search engine optimization with 7 years of dedicated experience optimizing content and campaigns for maximum online visibility and performance. Nikhil worked across various digital marketing positions, steadily advancing his expertise from Digital Marketing Associate to Senior Digital Marketing Executive. Before joining PayTunes, Nikhil worked in digital marketing and SEO roles at UA Consultants, Aile Medicare, Webtech Solution, and Instate Media. Nikhil holds a Certification Course in Digital Marketing from the Indian Institute of Management Visakhapatnam. Outside of work, he pursues his passion as a part-time musician, blending creativity with analytics to deliver impactful marketing solutions.","sameAs":["https:\/\/paytunes.in"],"url":"https:\/\/paytunes.in\/blog\/author\/user\/"}]}},"jetpack_featured_media_url":"https:\/\/blog.paytunes.in\/blog\/wp-content\/uploads\/2024\/06\/27011.jpg","authors":[{"term_id":321,"user_id":6,"is_guest":0,"slug":"niikhil-admin","display_name":"Nikhil S","avatar_url":{"url":"https:\/\/blog.paytunes.in\/blog\/wp-content\/uploads\/2024\/05\/2151125241.jpg","url2x":"https:\/\/blog.paytunes.in\/blog\/wp-content\/uploads\/2024\/05\/2151125241.jpg"},"author_category":"1","first_name":"Nikhil","last_name":"S","user_url":"https:\/\/paytunes.in","job_title":"","description":"<span style=\"font-weight: 400\">Nikhil Suman is a Digital Marketer and SEO expert currently serving as Marketing Manager at Paytunes. 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