This is about the time of year when companies start thinking about their marketing budgets for the upcoming year. They analyze the current year’s successes and misses, and start the conversation about what might work to their advantage in the next year. Does your upcoming marketing strategy include an online sweepstakes or contest? If not, we think it’s something you should consider. Below we list the benefits of adding a sweepstakes or contest to your marketing plan. It could be a win for your company.
Sweepstakes are a very cost effective marketing tool
Unlike traditional media, sweepstakes are a low cost way of getting your company’s name or products in front of the masses. By putting the word out on your company’s social media sites, it will engage conversation about your company and the free buzz will organically occur. It’s also a great way to build your SEO. Here is a case study showing how Star Fine Foods increased their website visits by 288% from the previous year due to running an online sweepstakes.
Sweepstakes are a good medium to build your email database
Your online sweepstakes may just have been the catalyst that brought a new customer to your site. Once there, hopefully you have impressed them enough to want to keep in touch so to speak by signing up for future communications from your company. Here is an article that outlines sweepstakes best practices and ways to build your email database.
Sweepstakes offer insight into who is interested in your company
You are in control of the information you collect from entrants so if you’re looking to obtain demographics on your consumers, the sky can be the limit on what you can collect. One word of caution, however, is the more difficult you make the entry process, the higher chance you have of drop-offs. Make sure you are only requiring information that is important to you and perhaps make the other information optional for entry.
Sweepstakes and Contests can produce unforgettable UGC and PR
One instance that comes to mind is the annual Doritos contest. I can’t image watching the “big game” without the anticipation of seeing the winning commercial from the Doritos contest. This is an example of a fun promotion that has garnered a lot of free advertising through blogs and social media sites over the years. When companies ask their consumers to upload photos or videos, those companies have unique user generated content directly from their consumers that can benefit them in the future. Check out the 2016 contest here.
Sweepstakes build a good relationship between the company and the consumer
The common thing that all sweepstakes share is that they give away a prize. Whether it’s thousands of instant win prizes, an unforgettable family trip, or a brand new car, rewarding your consumers with prizing will always leave them with a good feeling about you that will hopefully translate into future sales.
If you are sold and would like to consider adding a sweepstakes or contest to your marketing plans, be sure to consult the experts at Sync to get started. We will formulate a plan to make sure you have the most successful campaign and ROI.