Verified Document

Social Network For Racers Business Plan Racertimes.com Business Proposal

¶ … Social Network for Racers Business PLAN

RacerTimes.com provides a social media platform that can be regarded as the very first dedicated international hub of the automotive and motorsports industry. It is posed to benefit both users and client by its user friendliness as a platform which helps the automotive and motorsports industry connect and understand their clients in the delivery of an endless variety of schemes which exposes and improves motorsports and social media marketing in many ways.

The growth in the motorsports advertisement industry has seen it develop into a multi-million dollar industry (DeMoss,2012).The social media as a collaborative and advertisement platform is noted to have a key role within the motorsports industry (Street & Smith,2010). The company will also partner with other media companies in realizing its marketing objectives as noted by Bode (2010)

At RacerTimes.com, we are gearing to execute a unique business model supported with an award winning revenue growth model coupled with very low operating costs. Most of our revenue will be derived from sponsorships, events organization initiatives, sale of branded products as well as monthly subscriptions to our online RaceTimes products. Assuming that we complete out capital raising prospects by mid next year, RaceTimes would be able to expand its sales as well as marketing initiatives to help in establishing a dependable revenue base. As if January 31,2011, RaceTimes had $800,000 in cash and another $500,000 in operating as well as capital lease obligations over the coming...

RaceTimes Inc. has no debt and has not resorted to any form of credits.
Company Profile

Our Vision:

RacerTimes vision is to change the automotive and motorsports world to an easier more accessible world, to create a channel between race drivers and sponsors, to create opportunities that yet to be created, we make this possible by offering you a website that will help you stay connected weather you are an individual or a company.

Our Mission:

RacerTimes ultimate goal is to be the international hub of the automotive and motorsports industry and to benefit both users and client by that we have created a user friendly platform which helps the automotive and motorsports industry connect and understand their clients, to deliver endless variety of schemes which exposes and improves motorsports and social media marketing in many ways.

What is RacerTimes:

RacerTimes is the world's first motorsports and automotive focused social networking website, creating a channel between race drivers and sponsors. Carefully engineered to provide the most efficient atmosphere and environment for all fields in automotives and motorsports.

Who are we targeting and why:

1. Race Drivers

- Race Drivers are what drive your advertisement so they are a key asset to your advertisement, weather on track or online drivers have a great impact on advertisements

2. Race Teams

- Race Teams prepare the driver and make him race ready so without a team a driver wouldn't be…

Cite this Document:
Copy Bibliography Citation

Related Documents

Social Network Analysis and How
Words: 666 Length: 2 Document Type: Essay

The use of SNA will obviously become effective in defeating weaknesses in terrorist countries and organizations. This is a modern form of human communication and organization. It is a necessity in the society. Every successful entity in the society is thought to involve this mechanism of communication. For instance, business corporations must create links over which their good and services get stability in the market. Businesspersons naturally have connections,

Social Networks Changing Traditional Marketing
Words: 545 Length: 2 Document Type: Dissertation

The way that this is accomplished is through the use of dependent and independent variables. In the study, the research that we are examining during the literature review will provide specific trends and insights that are occurring. This will serve as the independent variable of the study by: identifying general patterns and corroborating these findings with one another. ("Qualitative Analysis," 2011) To compare these results, we will then use the

Social Network Forensics: Approach to
Words: 2191 Length: 6 Document Type: Research Proposal

3). A sample screenshot from JADSoftware's Internet Evidence Finder application is shown in Figure 2 below. Figure 2. Sample screenshot of Internet Evidence Finder Interface Source: JAD Software at http://www.jadsoftware.com/go/wp-content/themes/jadsoftv2 / images/iefv4-1.png Moreover, IEF v4 also has some useful features for social networking site applications, including: 1. Facebook live chat search has been updated to locate additional chat (including damaged fragments); the vendor adds that messages sent and received using the Facebook live

Social Network Try to Remember
Words: 775 Length: 2 Document Type: Essay

Facebook is a mess because it allows anyone you "friend" to place anything on your home page or profile. Social networks have become more full of sarcastic, mean comments over time, making them an aspect of many peoples' lives they would rather not have. I would design a social network that would be more oriented towards building up others and helping them grow personally and professionally. Using the true meaning

Social Network Map
Words: 1801 Length: 6 Document Type: Capstone Project

Social network mapping is one of the important aspects of an individual’s professional development in his/her career. Creating a social network map is important for professionals in clinical practice because clinical practitioners are increasingly realizing the significance of informal social support in their practice (Tracy & Whittaker, 1990). In essence, analysis of social support resources is necessary in identifying routine practices and assessment that are clinically beneficial. Consequently, several social

Social Networks on Society Social Networks Are
Words: 1344 Length: 4 Document Type: Thesis

Social Networks on Society Social networks are changing the fabric of society by changing the patterns, depth and intensity of communication and collaboration happening globally today. The torrent of information, ideas, opinions and thoughts that social networks have unleashed will continually re-order the global economic, socio-political and technological dimensions of society. At the center of the effects of social networks on society is the voice it has given the common

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now