Salt Lake City, UT, 84190, USA
12 days ago
Sr. Economy Designer/Monetization Designer
Sr. Economy Designer/Monetization Designer  At Red Games Co. the Economy Designer is responsible for designing and balancing the in-game economic systems, including virtual currencies, progression pathways, and purchase options, with a primary focus on creating a sustainable monetization strategy that maximizes player engagement and revenue while maintaining a positive player experience across their mobile game. Key responsibilities: Game Economy Design + Develop and manage complex in-game economies with multiple virtual currencies, resource sinks and sources, and progression systems. + Balance the rate at which players acquire and spend resources to ensure a healthy and engaging gameplay loop.  + Design reward structures for gameplay actions and achievements. Monetization Strategy: + Identify and implement effective monetization features like in-app purchases (IAPs), subscription models, and special events.  + Design pricing strategies for virtual items and packages while considering player psychology and value perception.  + Develop targeted offers and promotions to optimize player spending based on their engagement and progress.  Data Analysis and Iteration: + Monitor key performance indicators (KPIs) like ARPU, LTV, and retention rates to evaluate the health of the game economy. + Analyze player data to identify areas for improvement and optimize the economy based on player behavior.  + Conduct A/B testing to test new monetization features and pricing strategies.  Collaboration: + Work closely with game designers, artists, and live operations teams to ensure seamless integration of economic systems into the game.  + Communicate design decisions and rationale to stakeholders and provide insights on player behavior and economic trends.  Required skills + Strong understanding of game design principles, especially related to free-to-play monetization strategies  + Excellent analytical skills with proficiency in data analysis tools to interpret player behavior and economic metrics  + Experience with game economy modeling and balancing complex systems  + Ability to think creatively and design engaging monetization features while maintaining player fairness  + Excellent communication and collaboration skills to work with cross-functional teams  Powered by JazzHR
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