Ecommerce Website Investment Opportunity in Jeddah, Saudi Arabia
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Mobile Apps + 1 more |
Locations | Jeddah |
Local Time | 7:56 AM Asia / Riyadh |
Listed By | Business Owner / Director |
Status | Active |
- We are developing a platform for football fans and providing them loyalty as a service platform.
- We believe there is a gap in the market and a loyalty scheme should be created through a platform to deepen the relationship between fans and clubs, provide a cheaper way for sponsors to advertise, and get fans to receive a fiduciary reward for their loyalty.
- The points earned by the fans can be used to redeem discounts on future match tickets, sports accessories, etc.
- Our revenue model will be through advertisements, sponsorships, and licensing fees.
Business model-
Fans choose their favourite clubs and receive points in exchange for their loyalty.
League - Benefits from more engagement of the fans with their clubs leading to higher viewership.
Clubs - Clubs get data on their fans and communicate with them through newsletters, and competitions, therefore, deepening the relationship with them.
Sponsors - Higher loyalty and more sales.
Fans - Fiduciary rewards for their viewership and loyalty.
Intangible assets include -
1. Logo.
2. Application.
The company is funded by the shareholders. The company has 4 shareholders each owning a 25% stake in the company.
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Earlier than 15 daysCEO, Dubai, Financial Consultant connected with the Business
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Earlier than 15 daysBusiness Development Consultant, Pharmaceuticals, Amman, Individual Investor / Buyer connected with the Business