Cricket Media Corporation is in a strong position with sufficient funding to maintain the future growth of TheCricFanClub.com. However venture capital can bring additional expertise which we may not have. We are considering all offers and will continue to do so until we find the right partnership.
London, UK (PRWEB) July 31, 2008
A little over three months ago and with a launch date that was perfectly timed with the billion dollar launch of BCCI's IPL 2008, Cricket Media Corporation launched its latest online portal, TheCricFanClub.com. The cricket portal was initially operated under its previous brand name, theiplfanclub.com during the IPL season and is now officially known as TheCricFanClub.com. Competition is fierce for visitors in an online market dominated by official cricket portals such as BCCI's iplt20.com and major players such as ESPN's cricinfo.com.
In an incredibly short three months, TheCricFanClub.com has outperformed both ESPN's and BCCI's cricket portals. According to independent website traffic analytics firm, Alexa, the average user spends more than twice as long surfing TheCricFanClub.com compared to ESPN's cricinfo.com and BCCI's iplt20.com. According to Google's statistics and comparing with the official iplt20.com, TheCricFanClub.com has generated over four times the amount of cricket content in last three months. How is this possible when iplt20.com is spending over $5 million per year for exclusive IPL content in order to attract fans?
Social networking portals such as MySpace, FaceBook and Orkut are some of the most popular and fastest growing websites in the world. A highly innovative and unique concept to fuse the growing global popularity of cricket with social networking has rapidly enticed cricket fans from across the world. It connects fans, themed around cricket and major cricket events such as the IPL, EPL and the ICC World T20.
Hiren Patel, Co-Founder and CEO of Cricket Media Corporation reports, "TheCricFanClub was launched with IPL 2008 and our biggest threat was maintaining growth following the close of IPL 2008. TheCricFanClub.com continues to grow beyond all expectations and within the last three months, it has become one of our most promising internet portals, if not the most promising."
Co-founder and Chairman, Chetan Patel says "The power of fans, the growth of cricket and the potential of the Internet has created something completely unique and engaging for cricket fans. We've had a great response from the fans and TheCricFanClub.com has truly become the ultimate cricket experience."
TheCricFanClub.com engages fans in cricket and runs a series of games and competitions to reward fans with prizes. The winners of the first Mega Contest won VIP tickets to the IPL 2008 Finals. Now the second edition of the Mega Contest has been launched with a top prize of $250,000 (or Rs. 1 Crore). The team play is excellent with fans creating teams with each other in order to play in the contest. There are various stages to complete with exciting games and tasks. Feedback from existing users has revealed fans love the ability to connect with each other whilst at the same time finding all cricket information in a single portal. Fans are so passionate about TheCricFanClub.com to the extent that some are even writing poems about the portal.
When the discussion of sponsorship was raised, CEO Hiren Patel said, "The exciting games and competitions offer our key sponsors an excellent co-branding opportunity around cricket and the major cricket events throughout the year. Cricket is going through a major revolution with billions of dollars being invested into the sport. We are talking to a number of potential sponsors but with limited spaces for co-branding, we must be careful in our selection of sponsors."
The revenue potential of TheCricFanClub.com and the lucrative business of cricket is attracting sports and technology venture capital with potential equity stakes ranging from $5 million upwards. CEO, Hiren Patel maintains, "Cricket Media Corporation is in a strong position with sufficient funding to maintain the future growth of TheCricFanClub.com. However venture capital can bring additional expertise which we may not have. We are considering all offers and will continue to do so until we find the right partnership."
TheCricFanClub.com is expecting accelerated growth over the remainder of 2008 and estimates over 20 million visitors during the IPL season and the ICC World T20 in 2009. Cricket Media Corporation has an in-house team of expert web specialists covering all aspects from web design and games programming to online marketing and end-user experience. Cricket Media Corporation has been investing heavily in online opportunities and is now rapidly expanding its online team to take its latest portal, TheCricFanClub.com to the next level.
TheCricFanClub.com is owned and operated by Cricket Media Corporation, specialists in cricket media, based in London, UK with operations across the world.
For more information, visit TheCricFanClub.com.