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Full-Text Articles in Physical Sciences and Mathematics
Market Segmentation And Recency Frequency Monetary Value Analysis For A Freemium Mobile Game, Satvik Ajmera, Taylor Bonar, Dylan Scott, Carol Miu, Alana Manuel
Market Segmentation And Recency Frequency Monetary Value Analysis For A Freemium Mobile Game, Satvik Ajmera, Taylor Bonar, Dylan Scott, Carol Miu, Alana Manuel
SMU Data Science Review
Bricks ‘N Balls is a freemium game that relies on in-app purchases and ad monetization from users to be profitable at no upfront cost to the players. This study explores how in-game data analytics and purchase data can be used to segment players. Features taken into consideration for segmentation include past purchasing habits along with the players interactions within the missions. This study uses the Recency Frequency Monetary Value (RFM) framework to extract insights on player purchasing behavior to segment players into clusters and predict how much users will spend in the future.