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Ever since the Dream11 app was launched in our sports industry, its popularity has boomed all over India. And now there are so many different kinds of fantasy sports apps and platforms available. People are getting more attracted to such a platform as it allows them to earn real money by playing games. This has spurred the demand for a wide range of sports leagues, and with year-on-year growth, fantasy sports has emerged as an emerging field.
If you plan to develop a fantasy sports platform, this is the right time. You only need to hire an experienced and dedicated team of fantasy sports app developers or a reputed fantasy sports app development company that can help you make your fantasy sports app development idea into reality.
So without wasting any more valuable time, let's know how you can hire a proficient app developer for your fantasy sports business and other aspects.
Fantasy Sports App is a digital sports gaming platform for Android and iOS devices with in-depth sports insights. These apps not only let you watch sports news, match stats, upcoming games and more but also allow you to play fantasy games such as cricket, football, soccer, hockey, and many more to earn real money. The app allows you to choose live sports matches, create your team based on real players, and play virtual sports games to earn real money.
For example, a fantasy cricket app allows individuals to create a team by joining a match that needs a joining fee, and if your selected team performs well in real matches, you earn points. And the higher point holder on the leaderboards gets great prizes. The more points you make on the leaderboard, the more you earn. These fantasy games are point-based; higher point holders will win higher rewards in the game.
But why fantasy sports apps or any other fantasy apps are beneficial for your startups?
Fantasy sports apps are not a small industry; hundreds and thousands of such apps are available in the online global market. According to recent reports on global fantasy sports, the market estimated a value of about $18.3 billion in 2020. The market is expected to grow even more in 2022-2027 at a CAGR of 14.2% to reach nearly $40.6 billion by 2026.
As I mentioned earlier about an industry filled with many fantasy sports apps, several apps reached many more than just members. For example, Dream 11 is a fantasy sports app with more than 52.6 million active users on its platform. So, from a business aspect, fantasy sports apps are doing great and generating high revenue as well.
If you want to enter the fantasy sports industry with your own sports app, below are some of the most demanding sports segments you should go with.
These sports segments are in the current time and have massive audiences and support from their fans. Targeting those will create a massive audience for your app as well.
To create or start your fantasy sports app for your business, you can also follow the below steps.
Research Your Competitors: There is massive demand in the fantasy sports section. It will be more beneficial for you and your business to look at your competitor's already launched apps. Check out how they made their application and what their apps offer to their players/users.
The best marketing and research strategy is always to follow your rivals. This way, you will get an idea of how they work around this industry and how they are getting profit from it. If you want to start your journey by launching your Dream11 fantasy sports clone app, now is a great time to do it.
Choose Technology Stack: In order to create your fantasy sports app, you will need to decide the technologies that are must and required to develop it. This is where you need to put your side effort as much as possible.
A proficient and top-notch quality app is made with top-notch and advanced tools. Therefore, before choosing any technologies, consult with app development experts with years of experience in such tools. Below, we've mentioned the top technologies fantasy app developers from Orion InfoSolutions use to build high-end fantasy sports apps!
In addition to Tech Stack, you'll need a team of the following members to build your ideal fantasy sports app!
Select the Best Monetization Model: The best and most effective monetization strategy can deliver fast growth for your business. There are various types of fantasy sports app monetization models available. Below are some of the most effective monetization models you can choose as your preference for business goals.
Advertising Model - One of the simplest ways to start an effort to profit from fantasy sports app development is to promote. You can earn money intelligently by mixing advertising banners and processes. In addition, you can specify a location to advertise the brand in the app.
Freemium Model - Users can download the application for free, but they can only get full access to advanced capabilities after purchasing this model. You can take this route by offering additional benefits like ad-free gaming exclusively to paid consumers.
Tournament Fees - Fantasy sports also have a lot of content, deals and prizes, among other things. In exchange for a small fee, fantasy sports companies organize tournaments and offer members the chance to win incredible prizes.
Participation Model - The most effective revenue model for your fantasy sports app startup is adding a participation charge from your users. This way, you will not only monetize your app for great earnings, but also you will know if players are interested in your app for any activity.
It will be good if you don't put a high charging fee at the start of your app. Try a few things and see what things are working for you for your business perspective and user. As a fantasy sports app enthusiast, a considerable token will be a great start for your app to monetize fast and attract a wide range of users.
Hire Well-knowledge Developers: If you don't have enough knowledge of coding or programming languages tools then your best shot will be hiring who knows these things. By hiring proficient app developers, you will ease your workload of development. They not only make your development experience more easygoing but also develop your solution within your budget limits.
Below are some of the must-have features for your fantasy sports application.
Home Screen
Adding a home screen is a great feature for your Dream11 clone app. The home screen feature must include options that lead the players to their desired screen, for instance, game list, task, social tab, etc.
Registration/Login
An essential feature that every app on the market should have.The login page is a quick option to enter the main gaming section. This feature allows users to login into the app with a mobile number, Google, or email.
Payment Mode
Many such apps involve real money systems where players place bets on their favorite games and receive monetary rewards. If you are planning anything similar, adding an e-wallet, debit/credit card, or crypto payment options must-have features will positively impact and increase your growth rate.
User Dashboard
The fantasy sports app has many tournaments or games, so it invites players to register for their desired sport. There should be a user dashboard for the player to be transparent and provide complete information about their game history.
Push Notifications
Drive and engage more users towards your fantasy sports business by sending them fruitful notifications such as new upcoming updates, match fixtures, etc.
Scoreboard
While joining the game, players want to check their team's live scores, allowing them to manage their team accordingly. Therefore, your developer team should create a fully functional scoreboard that automatically updates the number of each game and keeps players up-to-date with their performance.
For a businessman, his business growth is one of his priorities. And to be successful in that, the owner should clearly understand what his business requires in terms of increasing growth. Hiring an app developer for your business would be a heavy task. And to do it right, finding a resourceful team is very crucial. You need to find and utilize them very carefully as well. Below I have mentioned some differentiation of what you should hire a freelancer or dedicated company to develop your solution proficiently.
Freelance developers are completely independent, and they have no boundaries for them. Either they possess a complete technology stack, or they can be proficient in only one language. But hiring a freelancer has its benefits and disadvantages, which are mentioned below:
Benefits
Disadvantages
Hiring a dedicated app development company for your business is a great and effective solution. You will get top-notch mobile app development services at a very reasonable price if you do so. Some companies already have dedicated teams of professionals with great knowledge and experience. A well-reputed company will have proven project compilation workflows and a good amount of positive reviews as well. Here, we have mentioned some great benefits of hiring a dedicated company.
Here are the top 10 platforms to hire proficient fantasy app developers for your fantasy sports app:
So far, we have discussed all the important points that you need to consider while developing a fantasy sports app or which one to hire. Now, let's move on to the actual component of this blog, that is! How to hire a fantasy sports app developer for your business.
Developer with Tech Stack Expertise
Building an app might not sound so difficult, but when the actual work begins, every step in it counts. When searching to hire a developer for your project, some vital parts are a must if you want your app to be developed professionally.
To build fantasy sports apps, an app developer should possess every technology or at least the required tech knowledge. Therefore it's very crucial to check their profile before hiring them. The best option will be, while hiring the developer, to ask them to give a small interview first.
This way, you will know their tech expertise, experience, and skill set, and if they pass in the interview section, there is no worry about hiring them.
Industry Experience of Developers
The IT sector is one of the fastest growing industries, and the innovation and technology it's bringing into our world are spontaneous. Why is hiring a fantasy app developer's industry experience a very important subject?
Industry experience is a crucial deciding factor that would allow you to find the best app development team for your fantasy sports app. Finding a developer with great industry experience and knowledge can easily understand your business requirements.
The plus point of hiring industry experience developers is that they can also guide you about how and what you should do or add to your app to become more successful in the fantasy sports industry.
The bottom line of hiring industry-experienced developers is that it allows you to load down your burden of making every decision related to your app development and allow you to focus on your core business workflows.
Knowledge of Fantasy Sports Market
Another aspect to see while hiring an app developer for your business solution development. Before the team augments the developer, you should check if they are familiar with the fantasy sports market.
In simple terms, how can they work on your project if they don't know about the field you are working for? Therefore, hire a team of developers who know the fantasy sports market.
For instance, you will call house repair providers if you need a house repair service. Similarly, you are developing fantasy sports apps, so your developer should have experience in fantasy sports application development. Therefore, they can proficiently work on your project without any complications.
Consider Development Cost
The tips mentioned above are how you can hire a profitable and professional team for your business. But this tip is also very important as your work doesn't finish after hiring the professionals. The cost is also a relatively considerable factor when hiring an app development team.
There are various types of mobile app development companies present in our industry. But not all of them are quite good at what they do. Some companies care about money; they open up when it comes to money. Some are just greedy for money, and they will ask for a lot of money without telling you first.
Therefore, create complete agreements about money and other major documentation as well. The option should be securing your project and your business. Ask the development company about their price tags and how much they will charge you to develop your project with complete functionalities.
Developing a fantasy sports application can cost you around $5,000-$200,000. These costs all depend on your app complexities, developer location, features, upgrades, and app size. The more dynamic your application develops, the more cost will increase.
Project Delivery Expectation
The last tip on how to hire fantasy app developers for fantasy sports apps but also a crucial one. The development time also depends on your project size; therefore, consulting your hired development team on how much it will take to develop your project is very important as it is a cost factor.
The more time your app will take to develop, the more cost will increase. Make an agreement on your project delivery estimation so that you can launch your app in the market without delay. Create a mutual delivery date by consulting with your team and development company to finalize your project compilation date.
Hiring a fantasy app development company or developers for your fantasy sports app can become overwhelming, especially when you don't have a clear idea of how these things work. Since the fantasy sports app is loaded with features; therefore, you should look for more than just an experienced team of developers.
Building a sports application requires a lot of databases and information. Above mentioned tips and information about fantasy sports app development will help you understand how you need to approach a development team to provide a clear picture of your business requirements. The best would be to compare app development expertise and look for the best team for your project development.
Book a consultation call with our top-notch app developers who clearly understand every technology and fantasy sports market, and you can assure of getting a world-class fantasy sports app development experience. Contact us today and develop your project with us.
DC Kumawat is the CEO of Orion InfoSolutions, a leading provider of IT solutions to businesses of all sizes. He has over 14+ years of experience in the IT industry. He is a passionate advocate for the use of technology to improve business performance.