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Innovative Membership Driven Fantasy Sports!


Project No: #18283
Capital needed
USD 1,058,200
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Minimum investment per investor: 10,000
Country: USA
State: California
Reason for needing Capital: Project Launch
Stage: Pre-Startup
Ideal Investor Role: Equity partner
Highlights: The goal of this initiative is to position O***** as the leading Fantasy Sports experience, with a keen focus on entertainment and user experience. We will carefully plan and implement a variety of brand development, marketing initiatives and design elements, both digital and traditional, to best promote our platform to increase consumer awareness and maximize the growth potential. We will achieve this goal with our award winning partners. We look forward to introducing you to our team.
What you offer to investors?: We will offer investors an equity stake in this project, and we will look to launch within the next 5-6 months.

PROJECT OVERVIEW

The fantasy sports arena is a unique and growing business. Starting in 1988 with an estimated 500,000 players, the industry has grown to an average of 57 million players a year 
Even with steady industry growth, capital gains have created a “business as usual” approach in business models. To continue upward growth, business models and user experience must change to sustain customer interest. The industry needs a makeover.


We will engage our customers focusing on three principals:
 
 
1.) Cutting-edge website interface and an accompanying internet app.

 
2.) Unique and competitive daily as well as season-long contests.


3.) Special membership elements and benefits not yet seen in the industry.


Having traditional and members only options creates a unique revenue stream of income. Our goal is to create a new industry model, focusing on memberships rather than solely player engagement. 
By adding memberships, we adopt the Costco model. To shop at Costco you must become a “Costco Club Member”. 


Having members sign up for a Costco card, increases the consumers choice to spend money in store. Eighty % of the company's gross profit actually comes from membership fees (between $55 to $110 dollars) from its 64 million members. Nearly 90 % of its customers renew their membership every year. (www.neatorama.com/2013/09/09/10-Most-Fascinating-Facts-About-Costco/). With a membership element, consumers will choose the service in which they have a paid subscription, establishing brand loyalty and repeat service use.


Our goal is to create top quality content for our potential customers, as well as a substantial profit for potential equity partners or loan financiers. In forming this vision, we partnered with the best in the industry to create a dialog that focuses on building stunning innovation at a reduced cost, this not only maintains our core principles of high quality content and innovation, but also assures our finance partners a substantial profit. 


This is just a VERY small overview of our business. Upon request we have a very detailed, and extensive business plan laying out this exciting business opportunity. 

We look forward to speaking with you all.

-  Shaun W.

 


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