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Research Outline
Prepared for Gil T. | Delivered September 22, 2019
League of Legends - Premium Coaching Market
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Goals
To understand the League of Legends premium (one-on-one) coaching market by obtaining the market size, market growth, an analysis of
ProGuides
and
GamerSensei
, and opportunities for a new service. This information would be used to decide if a new product line can be introduced into this market.
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Early Findings
The League of Legends, also known as LoL, "is an online
multiplayer battle arena game
" which was released for the first time in 2009.
According to Statista (screenshot available
here
), the game generated
$1.4 billion
as revenue in 2018.
LoL's 2018 revenue represents a
21% decrease
in its 2017 revenue.
By attaining certain levels in LoL, players can begin to
earn money
by leveraging views generated on
YouTube
to sell ads.
A post made by a user on Reddit suggests that League of Legends coaching rates are
expensive
. The user stated that the coaching service is priced at
$120
per hour.
Out of
1,300
ratings,
ProGuides
is rated
4.7
on Apple Store.
GamerSensei
has an A-rating on Better Business Bureau (BBB).
In addition to this public search, we scanned our proprietary research database of over 1 million sources and were unable to find any specific research reports that address your goals.
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