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Capstone Project Sharechat Fantasy Game
Priti Sava
https://www.linkedin.com/in/preeti-sava-0b346b23
No Gambling
No Betting
It’s a GAME OF A SKILL
- Identify Potential Market
- Goals/Objectives
- About ShareChat
- User Personas and Research insights
- Problems/Pain Points
- Detail Solution on identified problem
- Roadmap to Release the Product
- Revenue Model
- High Level System Design Diagram
- Proposed User Journey Analysis
- Assumptions
- Appendix
Potential Market
Goals / Objective
● Launch new fantasy game product on ShareChat Platform
● Transform Sharechat users on Fantasy Game Product
● Generate new revenue stream using User Engagement Methodology
● Support regional language in Fantasy Game
● ShareChat motive should not be disturbed
● Boost Inactive users for engaging on sharechat
SUCCESS CRITERIA :
● Scale fantasy game to support million/billions users
● Generating good customer lifetime value for organization
About ShareChat
Sharechat Audience Demographics
User persona & research insights
Conclusion: Based on the above survey, we have identified users are interested in sport fantasy game
Current user journey analysis
Components
● Language Selection
● User profile
● Post
● Product Tabs
● TRending Tags
Problems / Pain points / Needs Identified
Feature Discoverability -
Issue :
- How will user discover the new product/ feature in the app?
Solution :
- In-app Announcements, Training or app walkthrough
- Email Announcement
- Social Media Announcement(Youtube, Twitter, instagram etc)
- Push Notifications
- Self Explanatory blog along with the screenshots
Problems / Pain points / Needs Identified
Identify user age -
Issue :
- How to identify user’s age is greater than 18?
Solution :
- Take 18+ user consent
- Integration with Adhar Card API for the validations
Challenge : User is below 18 and he/she can plays games on parents mobile.
Problems / Pain points / Needs Identified
Legality of Fantasy Sports in India -
Issue :
- Adhere to OFSG and IFSG compliances
Solution :
- Setup a legal team to comply with regulatory requirements
- Keep Compliance / regulatory requirements on top priority for
all the departments
Problems / Pain points / Needs Identified
Cricket live feed -
Issue :
- Major dependencies on cricket live feed. How to assure will get a
real time data?
Solution :
- Try out multiple vendors to get the real time data via API/events
- Take a subscription of vendor who is reliable and given assurance
of 99.99 % availability
Problems / Pain points / Needs Identified
Convert ShareChat active users to potential customer
for Fantasy Game (Deep down for solution)
Issue :
- To minimize CAC, How to increase user base for fantasy game in
share chat?
Solution :
- Play and Earn
- Share and Earn
- Provide all regional language support
- Implement User engagement strategies by Tracking customer
engagement metrics
Play and Earn
● Attract people and make them participate in Contest
● Participate in the contest and make your own team
○ Free Contests
○ Paid Contests
○ Create your own private group contest
● Earn money
● Leadership Dashboard - Show ranks
● Announce Winners after each match
Flow Diagram
Share and Earn Strategy
- Earning should not be restricted for few users, to open
this opportunity to all the users, came up with creative
idea ie Share and Earn
- Create a post, Share a post and Like a post on
ShareChat and get the reward as per action
Flow Diagram
Regional Language Support
- Align to ShareChat vision, Add regional language support
for fantasy games to attract more users
- Don’t want language to be a barrier for potential
customers to participate in the contests
Track Customer Engagement Metrics
Understand Customer Sentiment -
- Helps you understand how people view your
brand, your product or service
Identify Your Strength and Weakness -
- Helps you to aware of the areas to improve
customer experience and offer value
Adopt a More strategic Approach -
- With customer data for help, you will be in a
better position to design a strategy that helps you
better engage customers
Improve your decision making -
- Helps you to see the area to need attention and
then commit resources over there.
User Engagement
- Provide live chat support
- Focus on product UI experience
- Provide real-time assistance using co-browsing
- Use gamification to increase engagement
- Create interactive and engaging content
- Shows most popular leagues and fantasy game markets in each IPL
match(this is customisable for content managers)
- Popular fantasy game markets that can be adjusted per match
- Pre-built fantasy game widgets are customisable for content
managers
Advertisement for Branding
Roadmap to release product
1%
Cohort Group
Enable feature only for
selected few members
for testing
Beta Users
Enable feature for Beta
Users
2%
Company wide Users
Enable feature for
company wide Users
5%
Cohort Potential Users
Enable feature for
Cohort Potential Users
10%
Available For All
Enable feature for All
the users
100%
Getting Revenue from Product?
Calculate LTV -
Customer Lifecycle Value =
(Customer’s annual revenue x customer average
lifespan) – cost of customer acquisition
Note : This formula works well when each of your
customers spends a consistent amount during the year.
High Level Diagram
Proposed user journey analysis
All Contest Join Contest Select players
Fantasy Option on Share chat
Proposed user journey analysis
Captain/Vice Captain selection Proceed to Payment Final Contest Results
Assumptions/Risks/Caveats
- Security constraints are already managed by the team
- Payments are highly secured, no theft or fraud issue
- Mechanism available to identify Potential users / targeted users
- Adhar Card APIs available and provides all the necessary
information
- Cricket real time data vendors list is already sorted
- Disaster Recovery (DR) already set up on another location
- All Transaction and data is secured and not shared or stored
outside the India
Appendix
○ https://www.similarweb.com/website/sharechat.com/#overview
○ https://www.nickmetrics.com/blog/2019/04/11/market-strategies-spo
rt-bet-company/
○ https://uxplanet.org/ux-ui-case-study-designing-a-better-sports-betti
ng-experience-6365499e9a86
○ https://sharechat.com/about
Sharechat - Another growth opportunity

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Sharechat - Another growth opportunity

  • 1. Capstone Project Sharechat Fantasy Game Priti Sava https://www.linkedin.com/in/preeti-sava-0b346b23
  • 2. No Gambling No Betting It’s a GAME OF A SKILL
  • 3. - Identify Potential Market - Goals/Objectives - About ShareChat - User Personas and Research insights - Problems/Pain Points - Detail Solution on identified problem - Roadmap to Release the Product - Revenue Model - High Level System Design Diagram - Proposed User Journey Analysis - Assumptions - Appendix
  • 5. Goals / Objective ● Launch new fantasy game product on ShareChat Platform ● Transform Sharechat users on Fantasy Game Product ● Generate new revenue stream using User Engagement Methodology ● Support regional language in Fantasy Game ● ShareChat motive should not be disturbed ● Boost Inactive users for engaging on sharechat SUCCESS CRITERIA : ● Scale fantasy game to support million/billions users ● Generating good customer lifetime value for organization
  • 8. User persona & research insights Conclusion: Based on the above survey, we have identified users are interested in sport fantasy game
  • 9. Current user journey analysis Components ● Language Selection ● User profile ● Post ● Product Tabs ● TRending Tags
  • 10. Problems / Pain points / Needs Identified Feature Discoverability - Issue : - How will user discover the new product/ feature in the app? Solution : - In-app Announcements, Training or app walkthrough - Email Announcement - Social Media Announcement(Youtube, Twitter, instagram etc) - Push Notifications - Self Explanatory blog along with the screenshots
  • 11. Problems / Pain points / Needs Identified Identify user age - Issue : - How to identify user’s age is greater than 18? Solution : - Take 18+ user consent - Integration with Adhar Card API for the validations Challenge : User is below 18 and he/she can plays games on parents mobile.
  • 12. Problems / Pain points / Needs Identified Legality of Fantasy Sports in India - Issue : - Adhere to OFSG and IFSG compliances Solution : - Setup a legal team to comply with regulatory requirements - Keep Compliance / regulatory requirements on top priority for all the departments
  • 13. Problems / Pain points / Needs Identified Cricket live feed - Issue : - Major dependencies on cricket live feed. How to assure will get a real time data? Solution : - Try out multiple vendors to get the real time data via API/events - Take a subscription of vendor who is reliable and given assurance of 99.99 % availability
  • 14. Problems / Pain points / Needs Identified Convert ShareChat active users to potential customer for Fantasy Game (Deep down for solution) Issue : - To minimize CAC, How to increase user base for fantasy game in share chat? Solution : - Play and Earn - Share and Earn - Provide all regional language support - Implement User engagement strategies by Tracking customer engagement metrics
  • 15. Play and Earn ● Attract people and make them participate in Contest ● Participate in the contest and make your own team ○ Free Contests ○ Paid Contests ○ Create your own private group contest ● Earn money ● Leadership Dashboard - Show ranks ● Announce Winners after each match
  • 17. Share and Earn Strategy - Earning should not be restricted for few users, to open this opportunity to all the users, came up with creative idea ie Share and Earn - Create a post, Share a post and Like a post on ShareChat and get the reward as per action
  • 19. Regional Language Support - Align to ShareChat vision, Add regional language support for fantasy games to attract more users - Don’t want language to be a barrier for potential customers to participate in the contests
  • 20. Track Customer Engagement Metrics Understand Customer Sentiment - - Helps you understand how people view your brand, your product or service Identify Your Strength and Weakness - - Helps you to aware of the areas to improve customer experience and offer value Adopt a More strategic Approach - - With customer data for help, you will be in a better position to design a strategy that helps you better engage customers Improve your decision making - - Helps you to see the area to need attention and then commit resources over there.
  • 21. User Engagement - Provide live chat support - Focus on product UI experience - Provide real-time assistance using co-browsing - Use gamification to increase engagement - Create interactive and engaging content - Shows most popular leagues and fantasy game markets in each IPL match(this is customisable for content managers) - Popular fantasy game markets that can be adjusted per match - Pre-built fantasy game widgets are customisable for content managers
  • 23. Roadmap to release product 1% Cohort Group Enable feature only for selected few members for testing Beta Users Enable feature for Beta Users 2% Company wide Users Enable feature for company wide Users 5% Cohort Potential Users Enable feature for Cohort Potential Users 10% Available For All Enable feature for All the users 100%
  • 24.
  • 25. Getting Revenue from Product? Calculate LTV - Customer Lifecycle Value = (Customer’s annual revenue x customer average lifespan) – cost of customer acquisition Note : This formula works well when each of your customers spends a consistent amount during the year.
  • 27. Proposed user journey analysis All Contest Join Contest Select players Fantasy Option on Share chat
  • 28. Proposed user journey analysis Captain/Vice Captain selection Proceed to Payment Final Contest Results
  • 29. Assumptions/Risks/Caveats - Security constraints are already managed by the team - Payments are highly secured, no theft or fraud issue - Mechanism available to identify Potential users / targeted users - Adhar Card APIs available and provides all the necessary information - Cricket real time data vendors list is already sorted - Disaster Recovery (DR) already set up on another location - All Transaction and data is secured and not shared or stored outside the India
  • 30. Appendix ○ https://www.similarweb.com/website/sharechat.com/#overview ○ https://www.nickmetrics.com/blog/2019/04/11/market-strategies-spo rt-bet-company/ ○ https://uxplanet.org/ux-ui-case-study-designing-a-better-sports-betti ng-experience-6365499e9a86 ○ https://sharechat.com/about