How Much Does It Cost To Make An Esports Team?
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A lot of people are interested in making an esports team these days. So how much does it cost? We’ve got the answer.
Start-Up Costs
Before you can take your team to the big leagues and start competing in tournaments for cash prizes, you need to set up your team with the proper equipment. This includes gaming PCs, gaming headsets, gaming keyboards, gaming mice, and more. The cost of outfitting a team with all of the necessary gear can range from a few thousand dollars to tens of thousands of dollars. In this article, we’ll break down all of the start-up costs associated with setting up an esports team.
Venue Rental or Purchase
Your first step in creating an esports team is to find a place to practice and compete. You can either rent or purchase a space. The cost of venue rental or purchase will depend on the size and location of the space. If you are renting, you will also need to factor in the cost of utilities, insurance, and repairs. The cost of purchasing a venue will depend on the size and location of the space, as well as the condition of the property. You will also need to factor in the cost of utilities, insurance, and repairs.
Equipment
For a start-up team, the equipment costs can range from $2,000 to $5,000. This will cover the cost of things like gaming laptops, keyboards, mice, and headsets.
You’ll also need to factor in the costs of any software you’ll need, as well as any tournament entry fees. If you’re looking to get your team into the big leagues, you’ll need to factor in the cost of travel and lodging for events.
Software and Peripherals
The price of a single gaming PC can range from $500 to $2000. But, to be able to compete at a high level in most esports, you will need at least 2 PCs. If you want to have a dedicated streaming PC, that will be an additional cost on top of the 2 gaming PCs.
In terms of software, there are monthly fees for some games like Overwatch and Rainbow Six: Siege. There are also one-time purchase games like CS:GO and League of Legends. The prices for these games can range from $20 to $60.
You will also need peripherals such as a gaming headset, a gaming mouse, and a gaming keyboard. These can range in price from $50 to $250.
Advertising and Marketing
Paid advertising is a great way to get your team’s name out there, but it can also be expensive. Make sure you have a clear idea of your budget before you commit to any marketing campaigns. You’ll also want to consider other ways to market your team, such as through social media, online forums, and community events.
Some start-up costs for advertising and marketing might include:
-Designing a team logo and website
-Printing t-shirts, stickers, and other promotional materials
-Paid online ads
-Paying for a booth at a gaming convention
Recurring Costs
To make an esports team, the most important costs are the ones that recur every month. These include the cost of the games, the cost of the equipment, the cost of the internet, and the cost of the practice space.
Salary and Compensation
The total cost of an esports team can be difficult to calculate because it varies so much from team to team, and even within individual organizations. But salary and compensation is one area where there is some data to work with.
According to a report from the International e-Sports Federation (IeSF), the average salary for an esports professional in South Korea was $89,000 in 2017. This was far higher than the next highest country on the list, China, where the average salary was $32,000. The IeSF report only looked at a handful of countries though, so it’s not necessarily representative of the global esports landscape.
A more comprehensive study from Pew Research Center found that across all 21 countries surveyed, the median earnings for esports professionals was $3,000 per month. This works out to an annual salary of $36,000. However, it’s important to note that this is just the median earnings, so there will be plenty of players earning both more and less than this amount.
Tournament Fees
Your team will need to pay a registration fee for almost every tournament you play in. While some smaller tournaments may have free or reduced entry fees for teams just starting out, most of the time you’ll be paying the full price. For a major tournament, this could be several hundred dollars. If your team is good enough to compete in multiple tournaments per month, those fees will add up quickly.
Training and Coaching
The cost of training and coaching will depend on the number of hours required and the number of staff needed. The average cost of training and coaching is $5,000 per month.
Travel
One of the biggest costs for any esports team is travel. tournaments take place all over the world, and teams need to be able to travel to where the action is. This can be a big expense, especially if a team is based in one country but needs to travel regularly to another for tournaments. There are a few ways to cut down on travel costs, such as:
– Finding sponsors who can help cover the cost of travel
– Staying in cheaper accommodation or couchsurfing when travelling
– Flying economy instead of business class
– Booking flights in advance to get the best prices
– Carpooling or taking public transport when travelling to events
With a little bit of planning, it is possible to reduce the cost of travel for an esports team. By being savvy about where you stay and how you fly, you can save your team a lot of money.
Additional Costs
When you factor in the cost of laptops, gaming chairs, second monitors, and headsets, the price of building an esports team starts to add up. If you want your team to be successful, you’ll need to invest in some high-quality equipment. But that’s not all – there are a few other costs you’ll need to consider as well.
Merchandise
In order to make money, esports teams rely on a number of revenue streams. One of the most common is through merchandise sales. Teams typically sell t-shirts, jerseys, hoodies, and other apparel with their team logo and colors. Fans of the team will buy this merchandise to show their support.
The cost of merchandise depends on a number of factors, including the quality of the items and how many are being ordered. A simple t-shirt may cost as little as $5 to produce, while a higher-quality jersey could cost $50 or more. If a team orders 100 t-shirts, the total cost of the merchandise would be $500.
Teams also need to factor in the cost of shipping when selling merchandise. For domestic orders, teams can typically charge a flat shipping rate of $5-$10. For international orders, teams will need to calculate shipping on a case-by-case basis depending on the weight and size of the order.
Streaming and Broadcasting
In order to take your esports team to the next level, you’ll need to start streaming and broadcasting your matches. This will help you build a following and attract sponsors.
There are a few different ways to stream your matches. You can use a service like Twitch or YouTube Gaming, or you can set up your own streaming server. If you decide to go with a service like Twitch or YouTube Gaming, you’ll need to pay a monthly fee. If you set up your own streaming server, you’ll need to pay for the server hosting and bandwidth.
In addition to the streaming costs, you’ll also need to pay for broadcasting rights. If you want to broadcast your matches on TV or online, you’ll need to pay a fee to the governing body for the right to do so. For example, if you want to broadcast your League of Legends matches on Twitch, you’ll need to pay a fee to Riot Games. The fees vary depending on the governing body and the platform that you’re broadcasting on.