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Comments
Great marketing strategy
Like the idea of the having a contest. I will try adding that to my blog to see if I can use it to add more subscribers to my list. Thanks for the idea. It’s good to know that some small business owners are implementing it effectively.
Joyce Oladipo Business Growth and Marketing Mentor
Discover 19 Secrets to Immediate and Exponential Business Growth at www.beawealthyentrepreneur.com
Promotion
online content platforms
Contests are definitely a great marketing tool... but are there a lot of good contest platforms out there? I only know of http://www.memelabs.com - a viral video contest platform - and while Memelabs is awesome and definitely drums up a lot of buzz and business for its clients, there've got to be other contest platforms out there as well.
Contest Beat
competition
Chris do you have actual results to put forward for the claims you make in this article. How many of these have you done and can you outline what you did and what the results were. writing articles on marketing topics gives you the status of an 'expert' on the topic. To be an expert you must have extensive experience. So since you promote contests as a wonderful tool, I am asking you to justify this with some hard numbers as I am sceptical about people who cannot support their opinions with facts.
RE: competition?
I appreciate your concern, but I don't recall calling myself an expert (quite frankly, I think that would be a bit arrogant of me). I'm just offering my thoughts and advice. Whether or not you choose to take it is entirely up to you.
I don't have any cold hard facts for you. Like most marketing tactics, it can go either way. Just because one man's contest works doesn't mean another's will. It just makes logical sense to me that since people like to win prizes, they will take more notice of you when you are giving them away.
If you provide a worthwhile contest and promote it well, I believe it can be good for your business, even if it only serves as a branding tool.
RE: Marketing Through Contests
I try and do 3 or 4 contests a year. I announce them on my Websites Blog. I usually get about 40% of my subscribers to enter. I also make sure I get the announcement in my Gazette too.
I've done concert tickets, t-shirts, mousepads, and other misc gifts I usually get from ThinkGeek.com.
The payoff for me is usually about 120 new subscribers, which over a yrs time equates to a dozen sales.
Its not the sales endpoint I care about so much here, its the new subscribers.
In my business, people come to my site when they are in a panic. My biz is computer security. So when these new signups need security software to ensure their online safety, I can count on them shopping at my site fiorst almost always.
So contests always work for me.
Numbers
ACT! Software Contest in Progress Now
I belong to a CRM (customer relationship management) software buyers coop and we are trying our very first contest with a really hefty grand prize: $6,000+ ACT! Software System installed with training. We've promoted it very well and registrations are impressive so far.
I'd be very interested to get feedback from anyone or suggestions on other places we can promote it. It's open till April 30 and we are targeting business owners, sales managers and professional salespeople.
CRM contest
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