4 Come up with a framework of analytical tools that you think would be helpful in this study.
1. Network Analysis: Analyzing the relationships and connections between players and teams within the esports industry to understand patterns of influence and collaboration.
2. Market Segmentation: Segmenting the esports audience based on demographics, behaviors, and preferences to understand different consumer groups and their potential impact on the industry.
3. Competitive Analysis: Evaluating the strengths, weaknesses, opportunities, and threats of key players within the esports industry to identify potential areas for growth and strategic partnerships.
4. Financial Analysis: Examining revenue streams, investment patterns, and financial performance of esports organizations and events to identify trends and opportunities for financial success.
5. Social Media Analysis: Monitoring and analyzing social media engagement and sentiment towards esports events, players, and teams to understand audience perceptions and preferences.
6. Data Visualization: Utilizing data visualization techniques such as charts, graphs, and heat maps to present complex data in a visually appealing and easy-to-understand manner.
7. Predictive Modeling: Using predictive analytics techniques to forecast future trends and opportunities within the esports industry based on historical data and current market conditions.