With over 2.5 billion fans, Cricket is the second most-loved sport in the world. The increasing number of fans, associations with big brands, and organizations have made this sport an enormous business platform. The year 2020-21 brings a tremendous opportunity for all the sports business visionaries.
One of the most outstanding examples is the Dream11, which has become the title sponsors of the most popular cricket leagues, IPL. After witnessing this platform’s achievements, it is clear that the coming year would be the best possible opportunity to make investments into Fantasy Sports Apps.
India is one of the biggest markets for Cricket; here, this game is not only played by hundreds of cricketers; it is worshipped like a religion by millions of fans. In a world where the total number of cricket fans is over 1bn, the Indian-subcontinent is constituting 90% alone.
Here in this blog, we have come up with the list of 10 best reasons to launch your fantasy cricket app
10 Best Reasons to Launch Your Fantasy Cricket App
1. Cricket Calendar
One of the biggest reasons to invest in fantasy cricket apps is the Cricket events that are started or in a queue of starting. Big tournaments like IPL, Big Bash League, ICC World Cup, T20 world cup are some of the biggest games scheduled to play. Currently, IPL, the most awaited and the most seen T20 Cricket leagues have begun; the series itself covered an enormous part of the profits in billions. Hence, missing such an excellent opportunity is not a good business idea.
2. Target Audience
Countries like India, England, Australia, South Africa, Pakistan, New Zealand, and Sri Lanka are the major participants of all prominent cricket competitions. Fortunately, all these countries are participating in the cricket events scheduled for 2020-21. Therefore, it is easy to tap more fans as fantasy players because their own countries participate in big competitions.
3. Less Competition
The concept of fantasy cricket app is still new in the Indian market. Currently, there are only two prominent companies that are doing excellent in this segment. So, if you have decided to invest in this industry, it is easy for you to start as no big rivalries are awaiting. Moreover, it is easy for you to mark a strong presence and earn a loyal user-base quickly in less time.
In countries like India, betting on cricket is considered illegal, but fantasy cricket apps are legal. After a long battle, the Supreme Court of India has declared this as a “game of skills.” Therefore, these applications are entirely legal to play.
5. Open crowd
Several countries do not even participate in cricket tournaments, but their people are the huge fans of it. They enjoy the game by watching it over their smartphones or televisions. In such a scenario, offering them an application that allows them to play and win real money would be the best.
6. Partnership with Big brands
Fantasy platforms are famous for their fun and excitement. The increasing number of users justifies its demands, and it catches the attention of the brands as well. Today, the industry has become one of the lucrative sources of displaying the brand value. By investing in these fantasy platforms, you will likewise get an opportunity to build an association with leading leagues and organizations.
7. It is a practice time
Still, there is sufficient time left for the big tournaments like the World cup. Hence, if you launch your app today, it will give you excellent practice time. It will provide a precise market exposure, user preference, demand, and requirements. If you directly launch your app for the big tournaments, it may result in a massive failure as your application does not have proper exposure.
8. Great chances of improvements
What if a big tournament like the T20 world cup has started and your app shows some serious bug issues? Or what if your application requires some changes in terms of features and functionalities? These are some serious issues that can cause significant consequences if you launch your application on the big days. We all know that no application is perfect in the first attempt, so if you launch your application before then, you get ample time to identify and fix all the issues.
9. Monetization factor
The popularity and global reach of cricket make it one of the considerable fields in generating revenues. Therefore, offering a fantasy cricket app will ultimately result in more revenues.
10. Low investments and huge returns
Who does not want to get a high return while making low investments? Well, you will get this with fantasy cricket apps, where the investments are low, but the returns are awesomely high. Hence, if you are looking for lucrative revenues, invest in fantasy cricket app development.
These are some of the best reasons why businesses should invest in fantasy cricket app development. Hurry up! The time is running out, so are the opportunities. Act today and start investing in fantasy sports app development.
Hire us as your fantasy sports app development partner and start creating the application of your dream.