Maximise your profits on LootBear
Maximise your profits on LootBear
So you decided to become a supplier at LootBear, smart decision! Skin rental is the future of e-gaming and there’s an amazing opportunity to create a solid revenue channel on LootBear. Here’s how:
If you’ve reached this blog post, most chances are you’re already familiar with LootBear and skin rental. What you may not know is that since launching LootBear only 2 months ago, more than $250k in items were deposited and $7000 in payouts were transferred to suppliers (and this number grows every week).
“..since launching LootBear only 2 months ago, more than $250k in items were deposited and $7000 in payouts were transferred to suppliers..”
Before we start with the tips, lets make sure we’re all on the same line. Loot page is basically your inventory in LootBear, it’s where all the items you deposited are being shown, where you can track your progress and manage your online skin rental business. It’s also a page that can be seen by visitors, which means you can refer people and promote.
5 expert tips on how to maximise your revenue
1. PROMOTE your page This is probably the most significant point of all. Like I said before, one way for potential customers to explore your items is through LootBear’s main inventory, another channel that sometimes generates better results, is through your Loot page. Loot pages are shareable, which means you can promote them. People who visit your page first are more likely to rent your items over others. We offer plenty of ways to share your page including Facebook, Twitter, reddit and shortened url.
2. Make your Loot page look attractive Your Loot page is your storefront, treat it this way. We designed Loot page to be highly converting and supplier friendly, but we left the design work for you, this is your opportunity to add a personal touch. Use the cover photo to make your inventory stand out from others. Designed inventories are proven to generate better performance than default pages. Hint: Many new customisation features will be added soon, stay tuned for updates!
3. Pick trendy items Successful suppliers don’t just deposit whatever items they can find to their LootBear inventory. Discussions we’ve conducted with our top suppliers revealed to us that they carefully pick items, they research attractive and trendy items, which they know LootBear users will probably look after. Majority of the users use LootBear’s main inventory to hunt after their desired item, picking the right item will improve your item’s chances to be picked. You can use basic tools like OPskins and Steamanalyst for your research.
4. Leverage your community One of the key secrets successful suppliers know is how to leverage their communities and convert them to customers. If you run a Youtube channel, stream, Facebook group, subreddit, dominant Twitter account, any other social influence or know one who does, use them to promote your page. Good example for this is one of our suppliers — NadeKing, a Youtuber with 200K+ subs who uses his channel to promote his Loot page. This is a fantastic way for him to offer his viewers with a unique opportunity to use his own items and support his channel along the way, a win win situation.
5. Be a try hard! This point is less about actions and more about a mindset. If you want to grow your revenues fast and effectively, consider yourself as an online skin rental business owner. Top suppliers make more than $3K/month, this can be an actual job. Think of it like Ebay, sellers who took the business seriously make loads of money today, the opportunity on LootBear is quite similar.
I’m confident that following these steps properly will dramatically increase your chances to establish a successful skin rental business. If you have any questions or just want to share your ideas, feel free to tell me in the comments or via our support center.
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