Question
Topic: Research/Metrics
How To Size Christian Video Gaming Market
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Currently in the green light phase, I am looking to identify the parameters, core market and metrics required to green light this game. I need a reasonable level of confidence that profitability or break even performance can be achieved.
What I know so far:
The Christian Gamer market is relatively untapped and unknown. A game of this sort has the potential to uniquely meet the needs of a population in search of a tool to satisfy the interests of Christian youth and young adults. The estimated market size at $6.3 Billion is relative to the known segments of this target population and has increased potential with the understanding of its many dimensions
Complications:
-Given the current investment and total potential investment of upwards of $20 Million, I have yet to identify some pathways into this segment that provide relative comfort in moving forward with this product.
-Due to the lack of current video game products in this market it is difficult to assess this market with traditional methods.
Proposed Solution:
Develop an understanding and access to this market to assess whether this is the right time and product to introduce into this market segment. I need to develop a market sizing that identifies key targets would enable me to appropriately assess the business opportunity and exists and make the required steps to insure a reasonable return on investment.
To that end I am seeking advice on how to go about the following:
A High-level Strategic Assessment of the Christian Gaming Community
-Breakdown of the Christian Gamer Market: This brief study ideally would illustrate the dimensions of the market and identify the core areas of opportunity for the Parables Product
-Communication/Messaging Strategy
oThis strategic insights document would highlight the various channels of distribution and suggest the best methods to leverage each channel with the appropriate message per segment
any and all help and advice would be appreciated
571-451-5370