What is Gamification

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This article brings good insight into what gamification is and how it can be defined.

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Gamification is no new concept, as it says in this article, it has been around for a long time and has been applied in various amount of ways. In all the examples above, time after time, gamification tactics are immensely successful in achieving more engagement in the product.  However, these tactics, especially when used in marketing, can seem to financially work against the customer. These tactics are used to encourage the customer to spend more and stay engaged with the product. Even if that is a poor financial choice. Using what we know is successful in gamification, how can we implement these tactics in a way that helps people understand their finances better and helps them feel confident? A lot of current gamification in finance is operating as a third party from banks. Can gamification be used in tandem with banks in a way that empowers people and helps them feel financially well? 

“Make a Video Game in Minutes Not Months.” Make a Video Game in Minutes Not Months, www.gamify.com/what-is-gamification. Accessed 9 Sept. 2024.