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Contest?

by v3r4
5 replies
Hello.

I plan to put up my product for sale on Jvzoo and WSO to get affiliates.

But I have a question about contest.

I have 20k to spen on it.

How should I work this out?

Like - hey drive me 1k clients and get 10k usd?
I guess not.

Any advice for good contest would be appreciated!
Thanks!
#contest
  • Profile picture of the author johnlagoudakis
    My recommendation would be to only offer contest bonuses based on sales performance.

    Heaps of people can send you traffic and leads, but the quality of that traffic and those leads will vary greatly.

    Give out bonuses on sales volume. E.g. $100 bonus for 5 sales, $250 bonus for 10 sales, etc.
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    • Profile picture of the author v3r4
      Originally Posted by johnlagoudakis View Post

      My recommendation would be to only offer contest bonuses based on sales performance.

      Heaps of people can send you traffic and leads, but the quality of that traffic and those leads will vary greatly.

      Give out bonuses on sales volume. E.g. $100 bonus for 5 sales, $250 bonus for 10 sales, etc.
      Thank you for your input. I appreciate it!
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  • Profile picture of the author 64wegrow
    I remember seeing a program a few years ago that awarded a pair of Google glasses to the top enroller for that particular company. From what I remember, offering a fairly high-ticket item like that really encouraged people to start promoting out.
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  • Profile picture of the author Alex The Lion
    Set up a leaderboard for your affiliates and offer a high ticket prize for the top positions. Remember, most high-end affiliates are earning enough to buy most of their toys themselves, so think outside the box a little with the prizes.

    A cool idea could be that you host an expenses-paid mastermind at a nice location for the top 5 or 10 affiliates. The affiliates win entry to a luxurious trip plus gain access to the invaluable knowledge sharing and networking of 5 to 10 other high-end affiliates.
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  • Profile picture of the author texsumaiya
    You should not spend this huge amount in a way. The English has a proverb that "Never pulls all eggs in a box". Because it the box break, all eggs will break. You should learn the business clearly before using a huge amount of money. Thanks.
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