Create your profitable business with Virtonomics Business Challenge.

Cool product!

High profitability!

No startup investment is needed!

This is a unique opportunity for you if:

You are thinking about launching your startup,
You want to become financially independent,
You are looking for a cool business idea or product to create your own business,
You have no start-up capital, but you are motivated to create your own profitable business.

Become an Introducing Partner of VBC

The “Introducing Partner” status of the Virtonomics Business Challenge platform will allow you to create your own highly profitable business without start-up capital. Using the VBC platform you will be able to offer your market a competitive advanced product with high value for users. Become the main representative of VBC service in your region. Conduct business games, challenges, championships, tournaments, and contests on VBC platform for different audiences and earn money.

Who is your target audience, who is interested in business games and contests in business simulations?

Students and teachers of business schools, universities, and colleges.
Beginning entrepreneurs who need to pump up their entrepreneurial skills and knowledge of economics and management.
Student, public, and government organizations engaged in the development of youth entrepreneurship and startup culture, stimulating small and medium-sized businesses.
Managers of companies in your region who are interested in the development and motivation of their employees.

What products can you offer to the market by becoming a VBC Partner?

Online championships on management and entrepreneurship in business simulations for students and aspiring entrepreneurs.
Cybersports tournaments in business simulation Virtonomics.
Business Challenges and business games for corporations.
Turn on your imagination, energy, entrepreneurial flair, and ingenuity. And you’ll come up with several more products based on the VBC platform and ways to position them for other target audiences. But for starters, you can start simple.

For example:

If you are an economics and management student, hold a Virtonomics Business Challenge championship for students from your school, faculty, university, or your campus neighbors.

Idea 1: Try to arrange with your lecturer in any business discipline that he/she will reward your championship participants and give them extra academic credits (points). This will help to increase the number of potential participants in your championship.
Idea 2: Offer a keg of beer to the winners! This will motivate the participants even more:)

If you are a cybersports and computer gaming enthusiast, make a tournament in VBC business simulations for your cybersports community. Orient your offer to fans of serious strategy games and economic simulations.

Business Model

You set up your public business challenge for free using our platform and attract participants to it. The participants pay for access to your event and you get your commission from each payment.
You set the amount of your commissions from ticket sales for your business event. Your revenue comes from the difference between VBC’s base ticket price ($20) and the final ticket price for the user, which you set when you customize the planned business game. Participants in your business challenge pay for access to your business challenge on the Virtonomics Business Challenge website. Your revenue will be 50% of the markup you set.

Example:

You have organized on the VBC platform a public event “Entrepreneurship and Management Challenge” for aspiring entrepreneurs in your region. You have attracted 500 championship participants, setting the cost of participation in your championship at $70. Accordingly, your markup on 1 ticket is $50, and your revenue from each ticket sold is 50% of the markup, i.e. $25. Your income from this event will be:

500 * ($70 – $20)*50% = 500 * $50 * 50%= $12 500

A step-by-step instruction to launch your new business with the Virtonomics Business Challenge.

Entrepreneurs should have a good knowledge of the products they are selling. Therefore, you first need to be well-versed in Virtonomics business simulation, on which all VBC game scenarios are based.
To do this, log into the “Explore simulation” section and purchase lifetime access to the Virtonomics Tycoon game. Try to complete all Level 1 game tasks within a week, this will help you understand the basic game mechanics, interfaces, and features of the business simulation.

After gaining access to Virtonomics Tycoon and mastering the basics of business simulation, you will see that you will unlock the “I want to become an Introducing Partner” button. Click it, and send us a request for a Partner account.

Congratulations! If you have passed the first stage of learning the product and got access to the Master Account, you can now use it to create and run your first commercial Business Challenge!

Using the “business simulation planner” create a public game competition:
– Select the scenario and intensity of the business simulation
– Set a start and end date for the game
– Come up with a name for your gaming event
– Select the type of access: “Public Event” and set the access price for potential participants in your business championship.

Set up a landing page for your game event in the VBC editor, and place on it all the information necessary for participants about your competition.

Announce your event on the information platforms available to you and attract any number of game participants.

Each participant in your championship pays for their participation and gets access to your game. 50% of the markup on the minimum access fee is credited to your affiliate balance.

After the business competition is over, congratulate the winners!

Receive your earnings for the competition you run.

Ideas, Tips, Recommendations:

The better your business Challenge landing page is set up, the more detailed and clear the information about your event is, and the more potential participants you attract will want to participate in your business game. And the more revenue you will generate from it.
If necessary, upload your accompanying materials to the game’s Participant Materials section or use ready-made materials from the VBC Library.
Try to attract media and sponsors for your event to increase the visibility and credibility of your business championship.
Generate and offer prizes for the winners of your business game. This will increase the number of participants in your event and their motivation, increase your sales revenue, build the reputation of your subsequent events, and increase sales from the next championships. Rewarding the winners and giving them their prizes is your sole responsibility as the Presenting Partner. The VBC platform is not responsible for prizes set up by the Presenting Partner and their delivery to participants.
Try to engage your local media, student, and business communities to publicize your event and award the winners.
During the game, try to answer possible questions from the championship participants promptly and give them friendly and complete feedback. You can see the incoming questions in the “Support” tab
Try to create championships in several stages using different scenarios. For example, the qualifying stage and final stage.
Try to make championships in business simulation focused on relatively homogeneous target audiences, and distribute them into “leagues”. For example, “Student League” for students of educational institutions, “Professional League” for experienced corporate managers, “Entrepreneurial League”, etc.