Innovative Marketing Strategies for iGaming Business: How to Stand Out in a Crowded Market
By Space Coast Daily // April 14, 2023
Currently, marketing a casino can be quite a time-consuming and specific process. In the first place, online and land-based casinos have many restrictions when it comes to advertising. Despite this, the gambling industry is more prosperous than ever before – it’s growing and flourishing.
Further, when you follow the rules and pay attention to certain details, you will succeed in growing your audience quickly and generating quality traffic continuously. Casino platforms that are successful use a variety of marketing strategies, including website activities, Social Media promotion, digital advertising, and other means of promoting their brand.
Persistence is the key to fast results: constantly updating content, reviewing reports, and trying new approaches. In this article, we will take a look at some innovative marketing strategies that help iGaming sites stand out in a crowded market.
Collaborate With Casino Affiliates
Affiliate marketing is becoming the number one source of traffic for casinos and gambling portals in most countries. By providing fair reviews of different gaming portals, affiliates work legally and help users pick the right platform to play on. By allowing users to find exactly what they’re looking for, your portal will be more likely to generate revenue.
Additionally, affiliate marketing doesn’t require big investments, and affiliates are only paid for activities agreed upon in advance. For instance, you agree that you will pay only if a user spends money on your site. Since both sides can track the shared reports and all users’ activities, this model is quite safe.
Provide Different Methods of Payment
A casino’s ability to accept payments is essential to its popularity and accessibility. It is important to also consider the group of people who prefer paying and receiving with crypto, as well as players traveling from another country and interested in playing your casino games.
For example, some people want to play at top InstaDebit casinos, or the best crypto casinos so to stay relevant an online casino must offer a variety of payment methods.
Gamification
The more interesting and entertaining features operators add to their products, the more time and money players will spend on them. In this way, operators can sell additional products and services to players, who will be more inclined to try them out based on their trust and familiarity. As part of online gambling, gamification is used to engage players (return visits and interactions), reward them, retain them, and train them on the use of specific products and platforms.
Using gamification in iGaming is a powerful tool for operators to retain and increase revenue, but it is not always easy to put into practice. To be successful, you need to understand your customer. There should be individualization of the mechanics (journey, gameplay, rewards) which are applied based on the segmentation of the players. When your players ask the ‘what’s in it for me? ‘, they should be able to see the value immediately and they should be able to understand the journey that takes them to achieve their reward.
Implement CRM Techniques and Tools
To understand your audience and offer the right service and game, it is essential to build a strong customer relationship. Using CRM techniques, you can segment your audience based on thematic groups, such as new users, VIPs, or inactive users, and then tailor marketing messages and bonus strategies accordingly.
If you maintain player account management, you will be able to gain a better understanding of certain customer needs. To take the most optimal action, you should organize them according to their interests, type, and gaming preferences. It is also possible to build more targeted marketing campaigns by obtaining information from your CRM reports to build them based on the needs of certain groups.
Implement Email Marketing
The importance of email marketing can’t be overstated, both in acquiring new clients and in keeping existing ones engaged. Online campaigns can be used to create a relevant audience for email marketing by allowing users to share their email addresses for daily updates, interesting content, and useful information.
Email marketing is used by 77% of B2C marketers as one of their primary channels for interacting with their customers. You can also boost your social media and website traffic using email marketing, attracting more users to your social media campaign or slots tournament.
Moreover, email marketing requires resources to determine the right audience, find the most appropriate tone of voice, and eventually persuade a user to take specific actions such as visiting your blog, making a deposit for a game or tournament, or reading the latest news.
Influencer Marketing
It’s no secret that social media has taken over the world. Most people are on social media these days in some way or another, and businesses are increasingly realizing how powerful social media marketing can be.
Among the various social media marketing formats, influencer marketing is one of the most effective and popular. To promote a product or service effectively, you have to partner with key individuals who have a large and engaged following online, and who are willing to promote your product.
In general, it means getting your message in front of a larger audience through a person they trust and respect. When it comes to promoting online casinos, influencer marketing has proven incredibly effective. Using influencers who have large, engaged audiences interested in gambling and casino games is a good idea.
Final Thoughts
There are different marketing approaches used by different casinos. In some cases, affiliate marketing is the only marketing method used, while in others, multiple marketing channels may be used at once or exclusively.
The answer to this question depends on many factors, including your goals, your region, your niche, and your budget. It is important to understand exactly what will have a positive impact on your brand’s development.