With the advent of technology, increased smartphone penetration, and easily accessible internet, the online ludo game business has become mainstream. Moreover, the pandemic fueled the growth of ludo mobile game apps like Ludo King, which allowed players to roll dice from the comfort of their homes.
Most entrepreneurs see potential in developing online Ludo game apps to reach a wide population and generate revenue. People find Ludo to be an excellent source of time pass and entertainment. If you are fascinated by the online ludo game business and want to launch your platform, here is the guide for you.
Scroll down to know all the major aspects related to Ludo game development including cost, steps, features, and much more.
Also Read :- Ludo Game Development Cost in 2024
What is an Online Ludo Game?
An online ludo game is a popular board game that allows two or four players to compete with each other by rolling a single dice. Each player has four tokens that are needed to complete a designated path to win the entire game. Each player is given a chance to roll the dice and move forward with their tokens to win. They need to follow some rules and regulations to move forward and win. The player who completes the race first wins the game.
Online ludo game allows players to play the game with their friends and family from anywhere and at any point in time. You don’t need to physically meet your team players in real time to compete and win. The live chat feature of the online ludo game allows you to chat with your online friends while playing the game.
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Online ludo games have seen an inclining growth, especially during the pandemic when people stayed indoors. On average, the user base of online ludo games increased by 70% during lockdown. Mobile game apps like Ludo King also noticed the enhancement of market size and share. As per market research, the platform made a profit of $20 million in the year 2020. Moreover, it is the first game app to reach the value of 500 million downloads by the end of the year 2020.
The above-stated fact showcases that the Ludo game apps became quite famous after the pandemic. The industry is growing at an alarming rate and is predicted to stay at this pace.
Also Read :-Ludo King Room Code API: Cost and Feature In 2024
As per the above market stats, it is quite clear that the online ludo business is a profitable venture for creators due to the progressive growth of the industry. With the increasing fan base and craze of online ludo games, there is a growth in the number of companies offering cost-effective and efficient mobile game apps. The future of the online ludo business is very bright. But the major thing that can make or break your business is the high competition. Many Ludo game apps are available on the Apple or Google Play Store, giving each other tough competition.
To make your online ludo game app cut above the rest, you must incorporate the robust ludo board game strategy and the latest market trends. You must also focus on customer centricity and satisfaction to make your Ludo game platform highly preferable.
We have listed some major steps to help you take your online ludo game business to the next level.
Here are the major aspects that one needs to keep in mind while considering a Ludo game software provider.
This is the first and foremost step in selecting an authentic Ludo game provider. Always ask the developer for the portfolio. It helps you to know whether have worked on projects like Ludo game development. The portfolio includes all the necessary details about the game developer like its skills and knowledge. This will make an easy way for you to select the best team of developers.
Another crucial aspect to consider. Always check whether the team of Ludo game developers are coordinating with their teammates or not. As well as they prioritize their client’s requirements and maintain transparency with them.
A non-disclosure agreement is an agreement certificate in mentions project details and conditions. This confirms the complete safety of the project details so that no third party can steal the project code and other important details.
Before finalizing the Ludo game software provider always check the developer’s expertise, and how skilled they are in programming languages like Java, C++, and many others. Developers must be well versed with the latest tools and technologies for creating Ludo board games including its graphics and animations. They must also have expertise in game testing for determining bugs.
The cost of every project depends on its features, easy accessibility, and complexity of the project. First, finalize your budget and then look for a game software provider to work under your budget. When saving on cost you must not compromise on quality.
Also Read:- Ludo Tournament App Development – A Complete Guide
Starting an online ludo game business is a hard nut to crack, as it requires the collaborative efforts of art designers, marketing professionals, and developers. From market research to QA and deployment; there are multiple steps that you must fulfill to build a successful online ludo game platform.
Research and planning play a crucial role in starting any business. Make sure to research the market by understanding its strengths, opportunities, weaknesses, and threats. The success of the Ludo game app depends on how well you research the market and your competitors. Know what your competitors are doing and how well they target their audience and make money through Ludo game apps. Moreover, identify the uniqueness of your ludo game platform that can help you make a difference in the industry.
Reach your target audience accurately and efficiently. Define the demographics and the type of population you want to target such as children, adults, or elderly people.
Define your budget at the start to avoid any extra or overhead costs. The budget must be well-thought-out after considering all the requirements for designing, developing, testing, marketing, and launching. It will help you choose the best Ludo game company, offering solutions and services under your budget.
Create a blueprint of your Ludo game app including all the features, functionalities, and graphics that you can include to make your platform interactive, engaging, and user-friendly.
Blueprint gives you an idea about everything related to art design, creation, and deployment. This avoids room for error or glitches that may happen during creation.
Another important step to starting an online ludo business is selecting the best and most reliable ludo game company. Check the years of experience the company possesses when it comes to the Ludo game apps. The company should have a certified and professional team of developers who can customize your Ludo game app as per your requirements. Always select a company that has a wide range of experience in designing and developing ludo game applications for Android, iOS, and Windows Mobile platforms.
Marketing and promotion are the two most important factors that decide the reach of your ludo game platform. You can make use of different market strategies and tactics to approach your fragmented target audience. The most common and effective marketing tactics include digital marketing campaigns, content marketing, Email marketing, and YouTube marketing. If you have assigned a separate budget for marketing, you can opt for a paid form of marketing. However, if you have less budget and want a cost-effective method to promote, you can opt for organic marketing.
The first thing that comes to the mind of an entrepreneur before starting any business is the return on investments. It is quite obvious that they want their hard-earned money to be justified. But you don’t need to worry about your ROI when you are launching an online ludo business. It’s because the platform offers multiple monetization strategies that are highly profitable for a startup business like yours.
Advertisements are the most common methods used by gaming entrepreneurs to earn money. Using this revenue-generating method, they charge a high amount of money from the brands or companies to promote their ads on the gaming platform. You can also use this method to generate next-level revenue.
This strategy has become widely famous among gaming business owners to make great money. By offering certain profile-enhancing credits and points you can make your target audience excited about earning those points. In turn, you can make huge money if they purchase those credits or points.
If you want to attract more audience to your gaming platform, refer and earn feature works as the fuel. Using this feature, you can attract more and more players to download your Ludo game app. In turn, increases your overall profit or revenue.
The admins can set a fixed percentage over every game that is being played by the players. Using this model, they can charge a fixed percentage and can make huge returns at the end.
How Much Does it Cost to Start an Online Ludo Game Business in 2024?
It’s impossible to give you the exact cost of starting an online Ludo business unless you hire a Ludo business game company charging a fixed amount of money for your project. The cost depends on various factors such as Ludo game design, testing, marketing, and deployment.
On average creating a Ludo app costs starts from $10,000 with basic features and functionalities. Hence, if you want to create a Ludo game app with advanced features and functionalities, the cost may shoot up. It is recommended to contact us to know the exact cost of developing a Ludo game.
There are some major factors affecting the cost of developing Ludo Games, which include:
The Ludo game has been popular for decades. The main factor contributing to its growth is it being the most preferable gaming platform for everyone, irrespective of age and gender. Due to the larger fan and user base, many gaming business entrepreneurs invested in Ludo games to seek first-mover advantage and generate greater revenue.
There are ‘N’ number of ludo game apps that are available out there in the market, but only a few of them are ruling the market. The reason behind that is the unique Ludo board game strategy, Ludo game design, and Ludo game features. If you want to break through this industry by launching an online ludo game business, make sure to get help from us.
As a leading ludo company, BR Softech can help you create an innovative, creative, and unique ludo business game app that will offer your target audience great convenience, flexibility, and an immersive gameplay experience.
The major features of Ludo game apps are multi-lingual support, safe payment integration, multi-currency support, customer support, live chat, notifications, dashboard, etc.
We incorporate the major modes in the Ludo game apps such as computer mode, multiple-player mode, local player mode, and private mode for multiple players.
Developing Ludo games is not an overnight task, and hence requires collaborative efforts of designers and developers. The major steps to develop an online ludo game business are research, budget set, ludo game design, testing, marketing, and launching.
Mobile game apps like Ludo King make huge profits from a wide range of monetization strategies, including in-app advertisements, in-app purchases, participation charges, collaboration charges, and fixed percentage models.
Ans. Here is the list of important steps to start an online Ludo game business.
Market Research and Planning
Define the Target Audience
Set a Budget
Make a Blueprint
Choose the best Ludo Game Company
Select The Best Marketing Strategies
Ans. Here is the list of various monetization strategies through which you can monetize your online ludo game
