Online Sporting Platform Success Stories [2024]
Imagine connecting sports enthusiasts around the globe in a single virtual arena. That's the essence of an online sporting platform. This business idea revolves around creating a digital hub where users can participate in live events, compete in virtual tournaments, and socialize with fellow fans.
Setting it up involves designing an engaging website and app, securing partnerships with sports leagues and teams, and regularly updating content to keep the community active. It’s about offering comprehensive resources—from real-time scores to on-demand training videos.
Why start this? The sports industry’s vast and dedicated audience provides immense growth potential. As streaming services and online communities continue to rise, an online sporting platform can capitalize on the intensified passion for sports.
Dive into this venture if you’re eager to blend technology and entertainment, and watch a thriving online sports community build up around your platform.
In this list, you'll find real-world online sporting platform success stories and very profitable examples of starting a online sporting platform that makes money.
1. Overgear ($12M/year)
Tony Doronin, along with his partners Dmitriy Beseda and Alex Karetin, founded Overgear, a gaming marketplace that offers gaming assistance and training services. Alex, who had experience in investment projects and a passion for gaming, saw the lack of competition in the gaming services market and the potential for a project that provided a higher level of user experience. They launched Overgear in 2017 and have since expanded their services to different gaming disciplines, generating $1 million in monthly revenue.
How much money it makes: $12M/year
How much did it cost to start: $50K
How many people on the team: 36
Overgear, a gaming marketplace offering assistance and training in WoW, Path of Exile, Destiny, Call of Duty, and Valorant, saw over $8 million in revenue and a 6x increase in clients in the past year by prioritizing user experience and customer retention through SEO and Google Ads, reinvesting profits, and creating a user-friendly product, amongst other things.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
