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Concept Notes
Concept Notes
Scope of Work:
The project will involve following key components:
Revenue Analysis
• In-depth examination of revenue sources, including in-app purchases, ad
revenue, and partnerships.
• Identification of peak revenue periods and the impact of promotional
events on financial performance.
Data Usage Analysis
• Collection and analysis of player data consumption patterns, considering
factors like updates, streaming, and social interactions.
• Correlation of data usage with specific in-game activities and features.
Data Collection:
Data will be collected from various sources, including in-game analytics, financial
reports, and user engagement metrics. Privacy considerations will be paramount,
and all data collection will adhere to relevant regulations.
https://www.businessofapps.com/data/free-fire-statistics/
https://app.sensortower.com/overview/com.dts.freefireth?country=UShttps://mo
bilemarketingreads.com/garena-free-fire-revenue-and-download-statistics/
Methodology:
The project will utilize a combination of descriptive and comparative analytic
technique. Statistical analysis and visualization tool will be employed to identify
trends, correlation and anomalies in both revenue and data usage patterns.
The machine learning algorithm defines the relationship between these input
parameters and certain internally stored prediction parameters and provides a
solution for the output. The values in the database have been converted to a range
system of 0 to 1; the need for conversion to the same range is due to data
incoherence; data were derived from different sources and were therefore
inconsistent, thus requiring specific alterations.
Expected Deliverables:
• Comprehensive report on Free Fire's revenue streams, including detailed
breakdowns of in-game purchases, advertising revenue, and other
monetization strategies.
• Analysis of the impact of key events, updates, and promotions on revenue
generation.
• Insights into player data usage patterns, with a focus on correlations with
in-game activities.
• Recommendations for optimizing revenue generation and improving player
experience based on the findings.
Conclusion:
This project aims to provide valuable insights of Free Fire’s revenue generation
and data usage statistics, fostering informed decision-making for future updates
and features. The finding will contribute to optimizing the game’s financial
performance and enhancing the player’s experience.