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Athletic Performance Analytics
- Industry
- sports
- Product Type
- service
- Problem
- Athletes don't have reliable methods of keeping track of and measuring their performance in different sports.
- Market Size & User Personas
- The market size consists of all athletes that want better metrics to measure their performance in sports. User personas consist of athletes and athletes’ teams or coaches.
- Solution
- Our solution is to provide a platform to track, analyze and compare performance in sports. This will make it easier for athletes to understand not only how well they are doing, but also how they are progressing over time.
- MVP Features
- The MVP features of our platform will include data tracking, goal setting, analysis and comparison, real-time feedback, and individual or team summaries.
- Implementation Details
- We will use a web application and mobile app to implement the features. The application will have user authentication, data entry forms, analysis tools and graphical displays.
- Value Proposition
- Our platform will allow athletes to measure and analyze their performance in a reliable and accurate way. This will make it easier for them to track and improve their performance.
- Pain Points to Solve
- Our platform will help athletes to avoid making mistakes due to inaccurate or incomplete data. It will also save them time on gathering and inputting data, and will provide them with the insights they need to improve their performance.
- Sales & Marketing Channels
- We will use a mix of direct sales, online marketing, and social media promotion to reach our target users. We will also market our platform through sports magazines, online forums, and athletic events.
- Revenue Stream Sources
- Our revenue streams will consist of subscription fees and advertising fees from sports companies.
- Cost Structures
- Our cost structure will consist of upfront development costs and ongoing costs such as software hosting, customer support, and administrative expenses.
- Key Activities
- Our key activities will include product development, marketing, customer support, and auditing to ensure the accuracy and reliability of our data.
- Key Resources
- Our key resources will include skilled engineering and design resources, technical infrastructure, and customer support staff.
- Key Partners
- Our key partners will include sports companies, sports teams, and professional athletes who will help promote and test our platform.
- Competition Landscape
- The competitive landscape consists of existing platforms that offer tracking and analysis solutions for athletes, but none of them offer the combination of features that our platform will provide.
- Competition Advantage
- Our competitive advantage will be our unique features that provide athletes with an easy to use and reliable solution to measure and analyze their performance.
- Idea Validation Steps
- We will validate our idea by testing it with a small group of athletes and implementing their feedback into the product before launching.
- Potential Business Challenges
- Potential business challenges include raising adequate funding, competing with existing platforms, and ensuring customer satisfaction.