Thursday, 21 January 2016

Task 3 – Financial, Industry and Market trends

It is important to have a financial plan, creating a financial plan means you can see the bigger picture and what your future income could be, and help you set life term goals weather there short time or long term. Having a financial plan allows you to see what your dealing with and makes it easier to make financial decisions. having a financial plan basically provides you with all the information you need to make decisions easily instead of having to keep the information stored in your head which can get you very confused and lead to incorrect decisions. Having a financial plan makes life 10x easier for you and will make it easier for you to stay on track and hopefully meet your goals.
There also seems to be problems facing the game design industry, such as: difficult to make money and hard to innovate, lack of originality, lack of creativity, and some say the business itself. There are loads and loads of financial issues in the games design industry for example some businesses can not finish a project because they do not have the money to start it even know they thought they had, which means they have to find the funding from another company and if they can not then they close the project.
Market trends:
Parents as gaming advocates - a recent survey showed that 75% of parents play computer games with their kids. Toys to life is a genre of video game that is also trending now, and is one of the most popular video game genre in the games design industry.
There are many licensed Franchised IP's in the gaming industry but they also need authorization to used the licensed material which is given by the licensor to licencee.
Here are some examples of some licensed franchisers in the gaming industry:
Pokemon:
Uncharted 4:
Fifa 16:
These are all very very popular games trending in the gaming industry.

















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