Maximizing ROI: A Guide to iGaming Marketing Automation

Table of Contents

Want better returns from your iGaming marketing? Here’s what you need to know about automation:

What You’ll LearnKey Details
Market Size$45B industry growing 14% yearly
Cost Per PlayerUp to $55 per click acquisition cost
Target ROI5:1 marketing return ratio
Key Metrics70-80% retention rate, under $200 CAC

This guide shows you how to:

  1. Pick the right automation tools
  2. Set up automated campaigns
  3. Group players effectively
  4. Track your results

Quick Stats That Matter:

  • 63% of top businesses use email automation
  • 50% of marketing emails opened on mobile
  • 56% of top operators use Optimove

Bottom Line: Marketing automation helps iGaming companies target players better, cut costs, and boost returns. You’ll learn exactly how to set it up, what tools to use, and how to measure success.

“If you’re spending more than $200 to acquire each player or your retention rate is below 70%, you need automation.”

Let’s dive into the details of making automation work for your iGaming business.

What is Marketing Automation in iGaming

Marketing automation in iGaming uses tech to handle repetitive tasks. It’s a game-changer for online casinos and betting platforms.

Main Parts

Key elements include:

  1. Email Marketing: Keeps players engaged and coming back.
  2. Player Segmentation: Groups players for targeted campaigns.
  3. Personalized Campaigns: Creates custom offers using player data.
  4. Real-time Engagement: Reaches out at the right moment.
  5. Data Analytics: Tracks behavior and performance to improve marketing.

Here’s how these parts work together:

ElementPurposeImpact
Email MarketingPlayer engagementUsed by 63% of top businesses
Player SegmentationTargeted marketingBoosts conversions
Personalized CampaignsTailored offersIncreases loyalty
Real-time EngagementTimely interactionsImproves retention
Data AnalyticsMeasurement and improvementDrives ROI growth

Connecting with Other Systems

Marketing automation needs to work with:

  1. CRM: For a complete view of each player’s journey.
  2. Payment Systems: For automated bonuses based on transactions.
  3. Game Platforms: To trigger campaigns based on player activity.
  4. Compliance Tools: To keep everything above board in the regulated iGaming world.

“Automation is not about taking marketers’ jobs away from them. It’s just about re-angling what marketers do.” – Cathal Melinn, DMI Trends Podcast

By connecting these systems, you’re supercharging your marketing team. They can focus on strategy while automation handles the rest.

The result? A marketing machine that’s always on, always learning, and always improving your ROI.

Top Marketing Automation Tools for iGaming

iGaming businesses need solid marketing automation tools to keep players engaged and boost ROI. Let’s check out some key tools that can help your iGaming operation succeed.

iGaming CRM Systems

CRM systems built for iGaming are essential. They track player behavior, preferences, and interactions.

Optimove is a standout choice. It’s used by 56% of the EGR Power 50 operators. Here’s what it offers:

  • Real-time behavior tracking
  • AI-driven personalization
  • Multi-channel campaign orchestration

“Optimove orchestrates and automates personalized, real-time campaigns across all channels based on behavior and activity triggers”, says an Optimove rep.

Email and SMS Tools

Email and SMS pack a punch in iGaming marketing:

  • 63% of fast-growing businesses use marketing automation
  • About 50% of emails are opened on smartphones

To nail these tools:

  1. Build a solid email list from player sign-ups
  2. Use data to personalize offers
  3. Follow data protection laws

Player Data Tools

These tools help you get to know your audience. They track:

  • Player actions
  • Betting patterns
  • Game preferences

This data fuels your marketing automation, leading to more targeted campaigns.

BetMGM, for example, uses Optimove to max out Customer Lifetime Value (CLTV). The platform’s AI creates personalized campaigns based on player data.

Tool TypeExampleKey Benefit
CRMOptimoveTop operators’ choice
Email/SMSVariousHigh mobile open rates
Player DataIntegrated with CRMPowers personalized campaigns

InTarget

InTarget

InTarget is a CRM and marketing automation platform for iGaming. It’s built to help online casinos, sports betting sites, and lotteries keep players engaged and coming back.

What InTarget Offers

Maximizing ROI: A Guide to iGaming Marketing Automation | InTarget
InTarget Marketing Automation

InTarget packs a punch with tools to boost your iGaming ROI:

  • iGaming-specific CRM
  • Email marketing
  • SMS campaigns
  • Push notifications
  • Lifecycle marketing automation

With InTarget, you can:

1. Track player behavior

See what your players do, what they like, and how they bet. Use this info to create campaigns that hit the mark.

2. Segment players

Group players based on how they play and spend. This lets you tailor your marketing to each group.

3. Automate campaigns

Set up messages that trigger based on what stage a player is at. It’s like having a marketing team that never sleeps.

4. Measure conversions

See how well your marketing is working and calculate your ROI. No more guessing games.

How to Set Up Marketing Automation

Want to boost your iGaming business’s ROI? Marketing automation is the way to go. Here’s how to get it rolling:

Picking the Right Platform

When shopping for an iGaming marketing automation platform, keep these in mind:

  • Does it play nice with your current tools?
  • Is it built for online gambling?
  • Can it grow as you do?
  • Does it have built-in compliance features?

Here’s a quick look at some must-have features:

FeatureWhy You Need It
Data analyticsUnderstand your players better
Multi-channel campaignsReach players everywhere
Segmentation toolsTarget like a pro
A/B testingMake your campaigns pop

Your Setup Roadmap

Ready to dive in? Follow these steps:

1. Set Your Goals

What do you want to achieve? Maybe it’s boosting player retention by 20% or increasing average deposits by 15%.

2. Get Your Data in Shape

Clean up your player data. It’s the foundation for killer segmentation and personalization.

3. Connect the Dots

Link your new platform with your existing systems. Think CRM, payment processors, the works.

4. Slice and Dice Your Players

Group them based on how they play, bet, and spend.

5. Craft Your Campaigns

Set up automated campaigns for different player groups. Welcome newbies, wake up inactive players, you get the idea.

6. Test, Learn, Improve

Run A/B tests and use what you learn to make your campaigns even better.

7. Get Your Team Up to Speed

Make sure everyone knows how to use the new system like a pro.

8. Keep an Eye on Things

Regularly check how your automation is performing and tweak as needed.

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How to Group Players

Grouping players is crucial for effective iGaming marketing automation. Here’s how to do it:

Action-Based Groups

Segment players based on their platform behavior:

GroupDescriptionMarketing Tactic
New Sign-upsJust joinedWelcome bonuses, guides
Frequent PlayersRegular usersLoyalty rewards, VIP perks
Inactive UsersHaven’t logged in latelyRe-engagement offers
Game-specific PlayersPrefer certain gamesGame-targeted promos

For new sign-ups, set up a week-long welcome email series. Reward frequent players with a points-based loyalty program.

Spending-Based Groups

Use RFM analysis to segment by spending habits:

GroupTraitsStrategy
WhalesHigh-stakes, big depositsVIP treatment, exclusive bonuses
DolphinsAverage spenders, regular activityTargeted promos, mid-tier rewards
MinnowsLow spenders, majority of playersVolume-based tactics, small incentives

For Whales, alert your VIP team when they log in. For Dolphins, offer bonuses at spending milestones to boost play.

Keep in mind: Players can move between groups. A Minnow today could be tomorrow’s Whale. Review and update your segments regularly.

Types of Auto-Campaigns

iGaming auto-campaigns are game-changers. They boost player engagement and ROI. Let’s dive into two key types:

New Player Messages

These messages kickstart a player’s journey. Here’s why they matter:

  1. Welcome newbies
  2. Show them the ropes
  3. Offer some sweet deals

Check out this new player campaign structure:

MessageWhenWhat
WelcomeRight after signup“Hey there! Your account’s ready.”
Platform 101Day 1Quick how-tos, game basics
First Deposit BonusDay 2“Deposit now, get extra cash!”
Game PicksDay 4“Based on your style, try these games”
FeedbackDay 7“How’s it going so far?”

Pro tip: Mix it up. Use email, SMS, and push notifications to keep players hooked.

Win-Back Messages

These bring back MIA players. They’re crucial for:

  1. Waking up dormant accounts
  2. Keeping players around
  3. Boosting player value long-term

Here’s a solid win-back plan:

MessageWhenWhat
Miss You7 days MIA“Remember how fun it was?”
Special Deal14 days MIA“Here’s a bonus to welcome you back”
What’s New30 days MIA“Check out our latest games!”
Last Shot60 days MIA“Don’t miss this killer offer”
Feedback90 days MIA“Why’d you leave? We’re all ears.”

Key move: Tailor these messages to each player’s history and likes.

For both campaign types:

  • Keep it snappy
  • Tell them exactly what to do next
  • Try different stuff and see what sticks

Checking Your Results

Let’s talk about tracking your iGaming marketing automation success. It’s all about the numbers, so let’s dive in.

How to Calculate Returns

Here’s the simple formula for ROI:

ROI = (Revenue – Cost) / Cost x 100

But for iGaming, you need to consider:

  1. All your costs (software, staff, etc.)
  2. Revenue increase after automation
  3. Time saved by automating tasks

Check out this real-world example:

ItemAmount
Revenue increase$200,000
Cost savings$50,000
Total benefit$250,000
Implementation cost$100,000
Annual maintenance$50,000
Total cost$150,000
ROI66.67%

That’s a 66.67% return. Not too shabby!

Key Numbers to Track

Keep an eye on these metrics:

  1. Gross Gaming Revenue (GGR): Aim for 10-15% yearly increase
  2. Net Gaming Revenue (NGR): 5-10% annual increase, promo costs under 20% of GGR
  3. Average Revenue Per User (ARPU): $100-$200 monthly is good
  4. Retention Rate: Shoot for 70-80% over 30 days
  5. Churn Rate: Keep it under 5% monthly
  6. Player Lifetime Value (LTV): Should be 3-4 times your Customer Acquisition Cost
  7. Customer Acquisition Cost (CAC): Try to keep it under $200
  8. Marketing ROI: 5:1 ratio is solid
  9. Conversion Rate: 20-30% from sign-ups to first deposits
  10. Engagement Metrics: Track email open rates and click-throughs

Use these numbers to improve your campaigns. High churn rate? Maybe tweak those win-back messages.

“Monitoring these parameters helps operators gain insights to design measures that lead to profitability.”

Track these metrics quarterly or yearly to see the long-term impact of your automation and decide where to focus next.

Conclusion

Smart marketing automation in iGaming can boost your ROI. Here’s what you need to know:

1. Set clear goals

Define success for your campaigns. This helps you choose the right tools and measure results.

2. Pick the right platform

Find tools that fit your needs and budget. Costs can range from $200 to $2,000 monthly.

3. Track key metrics

Keep an eye on these numbers:

MetricTarget
Gross Gaming Revenue (GGR)10-15% yearly increase
Net Gaming Revenue (NGR)5-10% annual increase
Retention Rate70-80% over 30 days
Customer Acquisition Cost (CAC)Under $200
Marketing ROI5:1 ratio

4. Start small, then grow

Begin with a few automated campaigns. Expand as you see results.

5. Keep improving

Check your ROI often and tweak your strategy. The iGaming market moves fast, so stay nimble.

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