Giveaway Stuff and in turn make money.
Is that even possible you asked. You probably must be thinking of how you can make money giving away your stuffs?.
Actually, it is possible and right here I am going to show you three Strategic methods of getting/making money from the free stuffs you’re giving out.
At least the truth still remains that givers never lack. The more you give, the more you have.
What I’m about to reveal to you is the brilliant and profound marketing strategies that very few advanced marketers are using to make lot of money without investing too much.
Now, let’s dive into the strategy.
This strategy involves arranging a Giveaway of high valued physical products, softwares, eBooks, and various online services etc.
Then promoting the giveaway to a specific interested audience and asking them to participate in the giveaway by registering via their email id and sharing the giveaway with their friends thus building a niche specific targeted email list.
What are we saying here; you must have heard of the saying that; “there is money in the list”. So, the most important focus of giving away free stuff is to capture email list of people.
This people who are interested in what you offer them in your giveaway are the very ones who are going to become your potential customers soonest.
Giveaway strategy works like a magic and helps you to build a targeted email list for free or at a low advertising cost which you can later on use to promote affiliate offers and make money.
This wonderful method is suitable for people who loves to write (most importantly promotional emails) and explain things and at the same time have persuading skills.
How to get started
Step 1 -Do Niche Research
Before you starts giving out freebies, you need to do research about the niche of your interest and skillfully decide upon what are you going to offer in your giveaway.
There are lots of niche you can work on, among them are: Personal finance, make money, health, animal (pet), sport (golf) etc. Mind you it is always advisable that you narrow down your niche and be specific about it. If you’re interested in promoting sport. Sporting generally is a broad niche, which you can narrow down to either football, golf etc. This will help you to easy capture your targeted audience.
The following are some strategies that will help you in conducting research and select the right product/offer for your giveaway.
1. FIND A PROBLEM TO SOLVE
Find out what are the biggest pain points that people are facing in your niche and how your giveaway can provide a solution to it.
Use the following points to dig out the problems that people are facing in your niche.
– Visit Questions and Answers websites like Quora, Yahoo Answers, etc. to find out which are the most asked questions in your niche.
– Join and participate in niche specific forums and find which are the most discussed topics.
– Research niche specific blogs to find out the most popular articles and note down the topics on which the article is written.
– Visit various social media platforms to find out prominent figures in your niche, then research on what they share on their pages, groups and blogs.
– Do a study on YouTube and find out the most watched or highly rated videos in your niche and the topics it explains.
– check out comments on websites, blog posts, YouTube videos, and social media pages and try to understand what people really want.
2. TRACE YOUR AUDIENCE
Find out exactly where on the internet your audience is highly active and engaging. Maybe it is on social media platforms, forums, YouTube or blogs. If you know this, you will know where you should promote your giveaways.
3. KNOW THE KIND OF FREEBIE THEY NEED
Understand how your audience wants the solution, whether they want a physical product, software, service, online course, eBook, video, etc. It will help you to select the right giveaway which will appeal your audience.
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Step 2 – Get all tools you need for starting your giveaway campaign
You will need two important tools to commence your freebie campaign, a viral marketing application and an autoresponder.
If you own a WordPress blog, you can install a free viral marketing plugin named ViralSignUps or an another paid tool called UpViral.
These tools are easy to use, and you can easily set up your giveaway campaign without much need of technical knowledge.
Once Viral Sign Ups or UpViral tool has been configured you need to connect them to an autoresponder so that you can store all the signup emails and for email marketing purpose.
Mind you: there are easy to use tools on the internet that can help you to handle both the sign up and autoresponder services, among which I will recommend AWEBER.
If you’re using blogspot, Another service that I use freely to capture emails with a freebie on my blogspot is GUMROAD. It is a website where you can sell products for free and you can as well give out freebies in exchange for emails. The very fact that you can use the platform for autoresponder workflows, makes it unique.
Step 3 – Deciding your giveaway aprroach
A giveaway approach is nothing but making the decision on the call to actions you want visitors to take before they participate in your giveaway.
Depending on the goals you want to achieve you can develop your approach.
The approach could be just anything, but you must make sure that it’s in line with the rules of the platform on which you’re promoting your giveaway.
For instance; if you want to grow your blog’s subscribers you can ask your visitors to subscribe to your blog, like your blog’s Facebook page and tag their three friends.
Step 4 – Promote your giveaway
If you have done the research very well, you will have a complete knowledge of where to promote your freebie on the internet. Depending on your research you can plan your promotion strategy.
For instance: If your research suggests that Facebook will be the right place to do your giveaway promotion then there are multiple ways you can do it:
– You can run Facebook ads and drive people to your website.
– You can contact influencers and ask them to promote your giveaway for a fee.
– You can join niche related groups and post about your giveaway.
Outside Facebook, you can promote your giveaway on Google Adword, Instagram, Twitter, etc. You can equally outsource influencers on:….
Step 5 – Monetization
Once you start promoting your giveaway, people will start participating, and your email list will grow.
Once you have an email list of reasonable size (500 – 1000 subscribers), you can then start promoting relevant affiliate offers and products to your list via email.
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HOW TO MONETIZE
1. Register as an Affiliate Marketer.
As an affiliate marketer, all you do is to promote the products that are related to your niche. When you register in places like Clickbank, Amazon, Jvzoo, WarriorPlus etc., as an affiliate marketer, you will be provided with links to the products that you want to promote. You will definitely see products with commissions of 40 to 70 percent.
People will buy products and offers via your affiliate link thus making you money through affiliate commissions.
2. SLOT AFFILIATE LINKS INTO YOUR GIVEAWAY.
Expert Marketers do this a lot. And it in turns gives them multiple streams of income. This strategy will give you multiple streams of income. And it works perfectly with ebooks and partly with Video course and software.
Take for instance: When expert marketers finish writing their free ebooks, they just don’t share it immediately like that, they always make sure they slot into their ebooks promotional links to the products they are giving out. To further get the most of the ebook, they will provide you with a license that allows you to give away the freebie, or sell it. This in turn increases the number of their ebook reader – the more their income grows.
3. SELL YOUR PERSONAL PRODUCTS
Once you have email a good number of email list. You can start promoting your very own ebooks, software, videos course, to them. Trust me, they will buy from you.
Always remember that in the affiliate/email marketing job the more the number y your targeted email list the bigger will be your commissions.
Hence, always try to add new targeted subscribers to your list via running multiple giveaway campaigns.
The summary of the whole write up is: Giveaway freebie, get people in your list, promote affiliate products, sell your very own products, and in turn make money.
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