– THE ONLINE <strong>GAMING</strong> MAGAZINE –paths to successMULTIPLEPATHS TOSUCCESSThe online gaming industry faces many requirements and expectations.To increase your chances of building a successful gamingcompany you need to focus on customer-driven innovation, buildingstrong communication channels with your customers and establishinga clear brand strategy — and manage it well.BY HENRIK PERSSON“Do today what others will not do sothat tomorrow you will have what otherswill not have.”This quote symbolizes and encompassesthe requirements and expectationsthat organizations face today, andthe online gaming industry is no exception.The competitive nature of theindustry requires operators to be earlyadopters of new technology and products,in order to attract the customerin the right place at the right time andwith the right offering. In a world wherecustomers can easily compare productofferings and campaigns from differentoperators, each operator is compelledto offer the market the very best.The introduction of the Internet haschanged the buying pattern of traditionalshoppers, who have gone frombuying products and services locallyto becoming worldwide shoppers. Tobuild and operate a successful gamingoperation in such an environmentrequires courage, creativity and stamina.A customer-driven organization,supported by exceptional customerservice, and a strong brand are equallynecessary. In this industry you are constantlyforced to think outside the boxto find faster and more efficient waysof communication and shorten timeto market. As the Internet continuesto spread and a new generation growsup we will see the industry change itsface many times before it matures. Inthe 1940s, Thomas Watson, then chairmanof IBM, estimated the global aggregatedemand for computers at fiveunits. Today there are 35,000 new Internetsubscriptions every hour. Thegrowth offers great opportunities andchallenges for existing businesses andpotential customers.The first thing a company in this industryneeds to understand is the importanceof listening to its customers.And the goal of making money is moreeasily attained when you really listen toyour customers and understand whattheir needs are. Once you learn to spotand develop the kind of functionality,game or product that the customersees as an improvement to the service,– 14 –
„While it is true that gambling has beenaround since the dawn of mankind, thetechnology available today coupled withthe demand for transparency in the market,means we are only witnessing the beginningof the online gaming era.you have created a stronger bond andhopefully increased the lifetime valueof your customer base. Customer-driveninnovation is, and will be, one of themost important parameters in buildinga successful gaming company.Customers also want a consistent,reliable, and easy-to-use service. Asthe speed of service increases, customerexpectations grow. Therefore,making customer service friendly,easy, and solution oriented is an importantbusiness trend. At <strong>Betsson</strong>,we focus a lot on building an easily accessibleand responsive customer serviceas we truly believe that being accessiblecreates comfort for the userand builds a loyal customer base longterm. Traditional ways of providingcustomer service, such as phone andemail, will not take you all the way. TodayMSN, Live Chat, Skype, Facebook,Twitter and other channels shape thebehavior of our clients — and we needto be where our clients are. Onlinecustomers require that the companythey choose, whatever the service isabout, communicates with them inthe way that they prefer and not whatthe company dictates. The sooner yourealize that your customers talk aboutyour brand and start interacting withthem in those places, the more successfulyou will be. The cheapest wayto acquire a new customer is throughexisting satisfied customers.Companies such as Facebook andYouTube have built products and servicesthat communicate with the usersin an accurate and customized manner.They offer the customers whatthey want, when they want it, creatinga feeling among the users that theproduct was designed just for them.Online gaming companies have beenmore occupied with offering basic serviceto the users than user friendliness.This might not come as a big surpriseconsidering what this industry was20 years ago — nonexistent. However,companies like Zynga, Wikipedia, Spotifyand Skype were also nonexistent atthat time and today they manage to attractmillions of users every day.The final cornerstone required tobuild the foundation for the future isour brand. Since <strong>Betsson</strong> operatesmany different brands we focus onmaking each brand feel unique and onbuilding values into each brand. Yourproduct and service have to correspondto the requirements and expectationsof the market segment you havechosen. Your brand needs to tell a storyand promise thecustomer somethingwhen theycome to you. Creatinga brand identitythat transcends yourmarket by creating amemorable exposure isimperative. Since the firstimpression is a lasting impression it isimportant to ensure that a potentialcustomer’s initial introduction to thebrand is positive. Since statistics showthat returning visitors often buy morethan first-time visitors, it is importantto keep the site updated with pertinentinformation, while bearing in mind theimportance of branding.In summary, to increase your chancesof building a successful gaming companyyou need to focus on: 1) Customerdriveninnovation, 2) Building strongcommunication channels with your customers,and 3) Establishing a clear brandstrategy and managing it well.While it is true that gambling hasbeen around since the dawn of mankind,the technology available today coupledwith the demand for transparency in themarket, means we are only witnessingthe beginning of the online gaming era.– 015 –