Have you heard about Fantasy Sports App? Nowadays, Fantasy Sports is gaining huge popularity across the globe. No matter, what kind of game you like the most? With Fantasy Sports App Development, you can include many games such as Cricket, Football, Kabaddi, Soccer and many more on Single Fantasy Sports platform.
Why Should You Invest in a Fantasy Sports App Development?
Millions of Fantasy Sports lovers are now hooked with the Fantasy Sports App. As per sports federation, this number will cross the mark of 100 million by the year 2020.
Here are few reasons to Invest in a Fantasy Sports App:
- Less Competition
Fantasy Sports is a popular industry and it’s growing at a rapid pace. In coming years, you will see neck to neck competition between the Fantasy Sports App Development Companies. If you don’t want to face too much competition then start your Fantasy Sports App Earlier to capture a good chunk of loyal fans.
- Attract Loyal Fantasy Sport Lovers
Fantasy Sports Apps and Websites attract new customers every day, especially at the peak time of leagues. In this virtual game, users join the league and paid the amount for the virtual team they have created for the league. In this way, Fantasy Sports App owners can make a decent amount of money. The more the users are creating a team, the more money app owner will make in the Fantasy Sports business.
- Less Competition
The concept of Fantasy Sports App Development is not much old. So, this field is not that much competition. It’s a great idea to try your hands in Fantasy Sports Business and build your brand.
- Unlimited Possibilities
In the whole year, you’ll get so many leagues that can help you in earning good money. Also, it’s a great idea to include multiple games in your White Label Fantasy Sports Software to attract loyal fans of all popular sports.
Market Trends and Stats about Fantasy Sports Apps
- There is 59.3 million fantasy sports player in only USA and Canada.
- On an average $556 user spend on Fantasy Sports.
- According to statista, 48% people said that it makes the sports more interesting for me.
- 47% said it is a good way to compete with friends or colleagues
- According to the survey, 90% of survey respondents said that they have played Fantasy Football Sports before.
From above-mentioned stats, we can take an idea about the popularity of Fantasy Sports among the sport lovers.
How to Make Money Fantasy Sports App/Website?
There are many ways from which the Fantasy Sports business owner can make money. Here, we’re discussing the best ways to make money with the Fantasy Sports Application.
1. Earn Money with Advertisements
When it comes to ads, it is the biggest source of earning money in your White Label Fantasy Sports Software. You can easily make money with the advertisement if you’re having sufficient active users on your Fantasy Sports App.
2.Collaborate With Others for Advertisement
Nowadays, Fantasy Sports businesses are gaining huge popularity and most of the businesses are aware of them. If you want to generate a good amount of money from your Fantasy Sports and Websites then displaying the ads of other businesses is a great idea. You can design and develop Fantasy Sports App and Website in such a way to engage more and more users. Also, you can display the ads of the other businesses and earn a good amount of money.
3.Grab Attention of Users on Multiple Platforms
At the time of Fantasy Sports App Development, most of the investors and business owners only give detailed attention on the Android Platform. Yes, Android App users are growing at a rapid pace but it doesn’t mean that iOS users are not going. All platforms have their own importance and users if it is possible development Fantasy Sports App for both Android and iOS.
4. Make a Marketing Strategy Like Free Leagues
Most of Fantasy Sports App owners understand the importance of offering free leagues to fantasy sports lovers. In this way, they offer free leagues to first-time users to register and play fantasy sports. It is the best way to make fantasy sports lovers aware of your platform and USPs.
The idea of free league attracts more and more customers for participation and chances are very high they will become active users in future.
5. Paid Upgradation
There are plenty of things that you can do. Once, your Fantasy Sports Platform becomes successful. You can show a hint of it or add extra interesting elements for user engagement and in this way fantasy sport app owners make money.
Growing Popularity of Fantasy Sports Platform
The popularity of Fantasy Sports platform is growing at a rapid pace. People are getting more attracted towards this kind of Fantasy Sports Apps as they provide real experience by choosing their own team and compete with other teams. You may also win some cash rewards or bonus points as per your performance in the league.
In a Nutshell
So, if you’re looking to try your hands in the world of Fantasy Sports App Development then this is the right time. As Fantasy Sports users are increasing year on year, you can easily grab the attention of Fantasy Sports lovers with the help of perfect fantasy sports platform. If you have any questions or suggestions, feel free to share with us in the comment section.