The Business Value of Gamification

Jacobides, M G, Ma, M. Dalbert, Trantopoulos, K and Vassalos, V (2024) The Business Value of Gamification. California Management Review, 66 (2). pp. 91-107. ISSN 0008-1256 OPEN ACCESS

Abstract

This article analyzes the connection between gamification and business success, focusing on customer retention, new customer acquisition, and transforming user perceptions. Based on a qualitative comparative analysis of 40 high-profile gamification projects, it shows that a combination of three key features—virtualization, social comparison, and tangible rewards—explain the various pathways to success. Each pathway requires the presence—and sometimes absence—of different design features, and firms do best when they focus on one or two objectives rather than all three at once. The article presents a framework for designing and implementing gamification more strategically and effectively, noting the ethical questions that arise.

More Details

Item Type: Article
Subject Areas: Strategy and Entrepreneurship
Date Deposited: 23 Jan 2024 11:58
Last Modified: 21 Nov 2024 02:24
URI: https://lbsresearch.london.edu/id/eprint/3621
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