Business Model Canvas
Key Partners
Sports LeaguesNFL, NBA, MLB, NASCAR, NHL. Sports NetworksESPN and Bleacher Report Fantasy Sports HelpRotoworld and Rotogrinders. |
Key Activities
ActivityStay up to date with player news and injuries. ActivityKeep track of cash earnings and money distributed to customers. ActivityKeep current with player stats and fantasy value. |
Value Proposition
PropositionIf customers in the States of Arizona, Iowa, Louisiana, Montana, or Washington are able to bet on fantasy sports they will be able to earn cash prizes. This will bring customers happiness and excitement since they will now be able to compete for cash against other players across the country. If the states are allowed to compete for cash earnings that would bring more customers into the Fantasy Sports market, which would boost revenue and the amount of cash available to be earned. |
Customer Relationships
RelationsCustomers want to have access to customer service through telecommunication, online troubleshooting, and face to face contact with company representatives. |
Customer Segments
SegmentsI’m solving this problem for Daily Fantasy players that live in the States of Arizona, Iowa, Louisiana, Montana, or Washington. SegmentsI’m solving this problem for anyone that can’t receive cash payments from winning in Fantasy Sports. SegmantsI’m solving this problem for customers that have a passion and a skill for Fantasy Sports that could reap the benefits of earning major money any day of the week. |
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Key Resources
ResourceFantasy Sports companies need workers that are knowledgeable of sports. ResourceAdvanced computers that can upload information in seconds. ResourceWorkers that have 24/7 access to computers so that they can update information on players. |
Channels
TVESPN, Fox Sports, FSN, and MSNBC Social Media WebsitesTwitter, Facebook, Instagram and Tumblr Sports WebsitesBleacher Report, Rotoworld, Sports News, ESPN Go, and Sports Nation |
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Cost Structure
CostDaily Fantasy sports taking 10% of entry fees from contestants the customers pay for the cost of playing. CostCustomers are never earning more than the total amount of dollars submitted into the contests. |
Revenue Streams
Wages and EarningsCustomers can wage from amounts of $1 to $10,000 and earn cash amounts of up to millions of dollars Subscribed AdvicePay for additional information on players and teams that could help them get an competitive advantage |
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