1. Seller Bio
Competition website that offers customers a variety of ways to win prizes by…
1. Seller Bio
Competition website that offers customers a variety of ways to win prizes by completing a skill based question and purchasing tickets. Prizes include cash, gaming consoles, high end electronics, etc.
Online business with all infrustructure set up so can start running competitions right away!
2. Executive Summary
Business is now set up with the following.
– Website (built with wordpress) with the backend and payment portal integrated to start running competitions and earning revenue right away. (Graphics / Design of the website all set up) – Can easily create and run compeitions editing start dates, end dates, number of tickets, ticket prices, images, etc.
– Instagram and Facebook business pages with followings already built in. (4300+ Page Likes Facebook, 7100+ Followers Instagram) – Facebook advertising campaign built so can be run to advertise competitions.
– This website has the Facebook RMG Gambllng License approval, which means you are able to fully advertise on Facebook and Instagram as a Prize Competition business in the UK (This website is on their ‘appoved list’.) The website and it’s legal documents have been edited by specialist solictor to gain this advertising license. (Legal help can cost £150 – 200+ Per hour alone and can take 10+ hours of legal work to complete).
– Business set up in the UK, with a business bank account.
3. Highlights
– Business is completely setup with all the ground work completed. So competition can start being held and you can start earning revenue right away!
– Every part of the business set up including even the social media presence.
– Facebook RMG approved – very hard to get!
4. Operations
Business main costs will be.
– Purchasing the prizes to then run competitions on!
– Marketing budget (Advertising Facebook, Instagram, etc)
– Website maintenance is set up for next 12 months. – So can make small changes etc.
Of couse both of these are entirely up to the purchaser of this business on what they want to give away and how much they are willing to spend on advertising.
Otherwise business is set up so no other major costs for this online business.
5. Customers
– There are customers who have entered this competition and there data is now in the back end so you can mailshot them to advertise throuhg email marketing.
– Target audience depends highly on what prizes you decide to give away.
(Example : Luxury watches will focus on younger male demographic significantly)
6. Financials
Infrastructure is set up to start right away. No revenue currently since we have not been running competitions.
You are purchasing an online business and its infrastructure so that you can start running it straight away.
Complete business performance snapshot
1. Seller Bio
Competition website that offers customers a variety of ways to win prizes by completing a skill based question and purchasing tickets. Prizes include cash, gaming consoles, high...
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