Alta Global Group Launches Hype Marketing Platform to Revolutionize Combat Sports Industry
August 22nd, 2024 12:00 PM
By: Newsworthy Staff
Alta Global Group introduces Hype, an all-in-one marketing platform aimed at transforming how combat sports gyms engage with members and monetize social media followers. This nationwide rollout targets 45,000 US martial arts gyms and has potential for significant revenue growth.

Alta Global Group (NYSE American:MMA) has announced the nationwide launch of Hype, its newly acquired all-in-one marketing platform, targeting combat sports gym partners across the United States. This innovative platform aims to revolutionize how the combat sports industry monetizes social media followers and enhances member engagement, potentially driving substantial revenue growth for Alta.
Hype combines the functionalities of a mini-website builder, customer relationship management (CRM) system, and payment processor into a single, smartphone-operable platform. It addresses a critical challenge faced by businesses with large social media followings: the ability to effectively communicate with and monetize their audience beyond the constraints of social media platforms.
The platform offers several key advantages for business owners. It circumvents the limitation of bio links on social media apps and provides a more reliable method of reaching potential customers. Unlike social media algorithms that restrict message visibility, Hype allows businesses to communicate directly with their customer base through email or SMS, offering greater control and efficiency in customer engagement.
Alta's long-term mission of converting 640 million combat sports fans into active participants aligns well with Hype's rollout. The community-oriented nature of combat sports gyms is expected to foster strong relationships and referrals, potentially enhancing Hype's adoption among gym owners, coaches, and athlete influencers within each gym community.
The revenue potential for Alta Global Group is significant, given Hype's Software as a Service (SaaS) model. With subscription pricing ranging from $39 to $299 per month and transaction fees of up to 5%, Hype is currently generating approximately $200,000 per year in recurring revenue. However, this figure could see exponential growth as the platform expands its reach.
The U.S. market alone presents a substantial opportunity, with about 45,000 martial arts gyms currently and a projected increase to 67,000 by 2026. Additionally, there are at least 100,000 coaches and 11.8 million active participants who could benefit from Hype's services. The platform's versatility allows it to cater not only to gyms but also to individual coaches and athlete influencers who wish to monetize their content and services.
Nick Langton, Alta's founder and CEO, emphasized the mutual benefits of this initiative: "We have a great opportunity here to help our gym partners, coaches, and athletes better monetize their infrastructure and content while Alta Global Group (NYSE American:MMA) benefits from the subscription-based monthly recurring revenue stream."
From an investor's perspective, the potential impact on Alta's revenue is substantial. Capturing just 10% of the US martial arts gym market at a mid-tier price of $99 per month could generate at least $5 million in additional revenue for Alta, with minimal added costs. At the premium price of $299 per month, this figure could reach up to $15 million, excluding transaction fees.
Hype's applicability extends beyond combat sports gyms. With approximately 340,000 certified personal trainers and over 100,000 athlete influencers in the US, the platform offers significant value for brand enhancement. Moreover, Hype could target a portion of the 27.1 million sole proprietorship businesses in the US, providing a tool for converting their social media followings into tangible business opportunities.
The platform's comprehensive nature sets it apart from competitors, combining features from multiple established SaaS brands into a single solution tailored for combat sports gyms. This integration reduces the need for multiple subscriptions and offers more flexible payment options compared to platforms like WordPress and Squarespace.
Alta Global Group, with its current market cap of about $30 million, appears to have significant room for valuation growth as Hype's rollout gains momentum. The company's strategy of leveraging social media platforms for customer acquisition while providing a more efficient sales funnel could prove highly effective in the current business landscape.
Source Statement
This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,
