Growth Hack Launching Giveaways
Why this works:
- Giving away something closely or exactly related to your business so it reaches your target audience.
- Only people entering would be interested in what you offer.
- There is a huge market out there. The average Giveaway I've seen promoted correctly grows hundreds of subscribers, fans and followers literally overnight. Average successful giveaway can grow 700 facebook fans, 400 Twitter followers and 600 subscribers in 2 days to 2 weeks.
- Once you have them they can see your posts on facebook, twitter or wherever they were conditioned to follow you. If you conditioned them to subscribe to your email list then you can email them.
- Giveaways can go pretty viral.
- Launch a giveaway and promote it efficiently: don't just post it to your Facebook thinking it's gonna spread like crazy.
- Before anyone can enter, make them do something easy for you: Like your fan page, Follow your Twitter, Join your mailing list.
- The key to making it work is consistency. You will grow your list and fans, how long can you keep it up with a reasonable budget?
Giveaway Ideas:
- Giveaway some baseball tickets if you are a sports ticket broker.
- Giveaway a product or service you offer.
- Gift cards giveaways are awesome but should be closely related to your niche unless your product or service is just that awesome.
- Small to medium sized businesses with a good competitive product or service looking for more exposure.
- List-growers who know how to target people running giveaways related to their niche.
- Internet marketers wanting to giveaway free-training (can work but not effective)
- Companies lacking good branding, competitive prices and presentation.