When
running a giveaway, either through your own website or through a 3rd
party, you need to have a set of predetermined goals in mind so that you
have a clear roadmap to success. Here are 8 tips to help you get the
most out of running a giveaway.
1. Set Goals to Determine an ROI
First
and foremost, what are you looking to get out of running a giveaway? Do
you want more exposure for your brand, more sales, more likes on
Facebook, or followers on Twitter? You must go into your promotion with
predetermined goals, so that when it ends you are able to
measure its
success. I see way too many companies running giveaways with no
predetermined goals in mind. When all is said and done, they end up
feeling like they got nothing out of it, aside from it being some “fun”
marketing ploy.
To set goals and track them, you can do something
as simple as opening an excel spreadsheet before you run the giveaway,
creating a list of the goals you want to set.
2) Sales? Probably not...
When
running a giveaway, it is important to understand that you most likely
won’t see sales pouring in. You may get a few sales, but don’t make
sales your number one goal when running a giveaway. I’ve worked with
many companies that measure the success of their giveaway based on the
number of sales they received. If they did not get as many as they were
hoping for, they are usually unhappy and feel as if their money was not
well spent.
The problem with this train of thought is that no
marketing tactic can ever really guarantee sales; giveaways are
fantastic for lead generation, where you foster a relationship with your
new customers, leveraging them for sales at a later time. Running a
giveaway is just another marketing tactic and there will always be a
cost associated with it.
If you have ever used Google Adwords or
Facebook Ads you know that you have to spend a good chunk of change to
get enough people to click through to your website. Even after they
click, it is still JUST a click – nothing more. Your job isn’t done even
after you have paid for a click; you still need to make sure those
people are able to make it through your sales funnel to make a purchase.
The same goes for a giveaway: you need to make sure that you have
structured it correctly so that you are able to reach your goals,
whether that is to capture leads, get more likes, followers, etc.
But of course, if you’re really itching to get more sales out of a giveaway, then...
3) Offer a Discount
Providing
entrants with a discount that they can redeem for products/services on
your site is a great way to increase sales. Most companies either run a
giveaway, or just offer a coupon, but from my experience, combining the
two is more powerful.
Offering a coupon without a giveaway means
that the coupon is out in the wild for anyone to see and use. People may
see the coupon and say “Sweet! I’ve been wanting to buy something from
them, now is the time!” Then, they get distracted. A few days go by and
they completely forget about using your coupon to make a purchase. In
fact, they don’t purchase at all. Unfortunately, you have no idea who
this person is, or how to reach them.
However, when running a giveaway, you can offer a discount once the user has entered.
This
means that you have captured them as a lead, usually by collecting
their email address, and you can effectively re-market to them to remind
them about the coupon if they don’t end up making a purchase. A good
rule of thumb is to provide a coupon for the duration of the giveaway
and have it expire a week after the giveaway ends. This will encourage
people that didn’t win to make an impulse purchase.
4) Interact on Facebook
Interacting
with your current and new users on Facebook is especially important
during a giveaway. Remember, these platforms are not meant to be used as
a one-way form of communication; do less pushing, and more pulling.
When you get those 500 new facebook fans, your first post shouldn’t be
“HEY NEW FANS BUY OUR PRODUCTS NOW!”
Instead, engage and build a
relationship with them. Much like going on a first date, you want to
make a good impression in order to keep them as a fan and to eventually
convert them into a customer.
For example, let’s say you run a
company that sells mattresses -- start out with something like “Welcome
to all of our new fans. Are there any problems that you have with your
current mattress that keep you up at night? Let us know, and we’ll see
if our certified mattress experts can help find a solution to your
problem."
This opens the floodgates for your fans to start leaving
comments talking about their sleeping problems as a result of their
mattress. You then chime in and respond directly to each customer,
helping to find a solution to their problem. Remember, building the
relationship with them first is the key to turning them into customers
who are likely to buy from you in the future.
5) Interact on Twitter
The
same goes for Twitter – use it as a platform to interact with your new
users, not as a platform to constantly push out tweets about your
products.
Another great way to take advantage of Twitter is by using
search.twitter.com.
This allows you to search for any keyword or phrase that people are
currently tweeting. So, if you run a mattress company, you can run a
search for
“I hate my bed’,
and you will see results from people that have recently tweeted that
phrase. You can then reach out to them, let them know about your
mattress giveaway, and start building a relationship by asking why they
hate their mattress and what you can do to help.
6) Promote to Your Own Audience
This
one is simple and should be a no-brainer. Promote your giveaway to your
email list and to your audience on social media. Put a graphic on the
homepage of your website linking to the giveaway.
What is the
point of running a giveaway if your current audience doesn’t know about
it? Sure, you may just want to bring in new people for your giveaway,
but you would be foolish to ignore the fact that your current audience
could bring in more of their own friends and family which you would be
missing out on.
7) Promote on Giveaway Directories
Adding
your giveaway to a directory can bring in a lot of traffic, but keep in
mind that it is mostly non-targeted traffic and sweepstakers just
looking for freebies. However, if your goal is to get as much traffic
and as many leads as possible, you’ll want to submit to these sites.
Here is a great list of
giveaway directories to submit your giveaway to.
8) Utilize Facebook Comments
Utilizing
the Facebook commenting system in your giveaway is a great way to
continue the conversation and bring in more people. Many 3rd party
giveaway tools have Facebook comments built right in, but if you’re
building a custom giveaway page, use the
Facebook comments plugin.
If
you structure your giveaway correctly, you should be able to ask users a
question that they can reply to using Facebook comments. For example,
if you’re giving away a mattress you can ask: “Which mattress would you
choose from our selection if you win?”
This simple question will
drum up hundreds of comments because it encourages people to browse your
website to find the mattress they want.
Another great thing about
Facebook comments is that when you reply to people your comment will
show up with your company name. Don’t forget, when a user leaves a
comment, Facebook usually displays that in the newsfeed for their
friends to see, which brings in more people.
Recap
- Set goals to determine an ROI. Do not go in blind hoping for the best when running a giveaway.
- You
most likely won't get many sales from a giveaway, if any at all. You
should be capturing leads and interacting with your new fans to convert
them into future customers.
- Discounts when combined with a giveaway can help to drive sales.
- Promote
the giveaway to your current audience, and if you're looking to get as
many leads as possible, submit to giveaway directories.
- Use
Facebook, Facebook comments, and Twitter properly to increase
engagement and interaction with your audience. Remember, less pushing
more pulling.