Report: 56% Of Virtual Goods Buyers Are Repeat Customers

According to a new report published by Social Gold, 56% of virtual goods customers make repeat purchases. This comes on the heels of their partnership with MiniClip.com, where Social Gold will be used as the virtual currency for the site’s 550 games and 57 million players. The report also discusses the average spend per customer. I’ve attached the Social Gold image below, which highlights some of the key statistics.

On games that use Social Gold, we can see the average customer spends $60 on microtransactions during their time on the game. In this case, customers would refer to anyone who spent any money on the game, and wouldn’t include the high percentage of players that don’t engage in an y microtransactions at all. This is certainly a high number, and has something to do with Social Gold’s great one-click payment system. Social Gold has a great in-Flash interface, which ensure that payments/microtransactions don’t break the game flow. We’ve been seeing the interfaces improve for payments over the year, with TrialPay implementing a similar system, and it surely has lowered the barrier to monetary transactions in games.