How to Use Contests to Boost Your Business during summer
By Beverly Mahone
Is your business suffering because it’s summer? The months between June and August are generally a slow time for online businesses. People would much rather be outside enjoying the sunshine while shopping than be inside glued to a computer.
If you’re an entrepreneur trying to get keep your business in the forefront of your customer’s mind, why not try running a contest? A contest is a great way to promote you and your business. You can also capture names and email addresses to build your list for potential sales. As you promote your contest, you are also promoting your website and what you offer. Why do you think some companies advertise “free offers?” Once they get your email address they can also send you information on all of their products and/or services. They’re counting on the fact that you will eventually see something worth purchasing.
I have always been a fan of contests—especially trivia contests. So when I created my website and started networking online in 2005, I immediately put some “just for fun” contests on my website and targeted my niche market—baby boomers. Within a few months, Name that Baby Boomer Tune and Who’s that Boomer became popular with dozens of people coming to the site daily just to play.
During the summer I decided to up the ante and started offering little token prizes ($10 gift cards), I saw those numbers double and even triple. I started to achieve the desired result: SALES of my book Whatever! A Baby Boomer’s Journey Into Middle Age. At one point, I sold at least one book per day for 23 days straight. Those same people who were entering my trivia contests were also checking out the rest of my website and making a purchase.
If you’re a small business owner looking to increase your online visibility during the summer, contests are definitely a good way to go. Here are some tips to help you get started:
1) Research the Legal Issues: It is important to know what the laws in your state say about running contests. It is especially important if you allow entries from people outside of the U.S. Your state may have some restrictions when it comes to dealing with certain states or countries.
Another thing to check into is whether or not your prizes will require a 1099 claim form be sent to the winner(s) at the end of the year. The 1099 form is normally generated if a contest winner’s prize is valued at $500 or more. A good online resource is www.sweepstakeslaw.com;
2) Create a Contest to fit your Target Market: Before you decide to run a contest you must ask yourself this question “Do I really know who my target market is?” If you sell herbal products on your website, to whom are you selling them? Are you actively soliciting a particular group to purchase your products or does it matter? Do the products or services you sell have the same appeal to a 25-year-old male as they would for a 45-year-old woman?
3) Determine the type of contest: Your contest should fit the image of your business. If you’re selling weight loss products or a weight loss program, it might be insensitive to sponsor a Best Looking Babe in a Bikini photo contest. On the other hand, you could be a little creative and hold a humorous writing contest that addresses the statement: Why I’m glad I’m not skinny like Paris Hilton. By all means, try to make the contest fit some type of summer theme.
When I was thinking about holding my first big contest, I was advised not to ask people to write essays because many people generally don’t like to write. I went against the grain and decided to do an essay-writing contest. I had nearly 400 entries. I’ll tell you why later.
Other types of contests are:
· Trivia
· Video
· Multiple Choice
· Find the Clues
Consider whether you want to hold a daily, weekly, or monthly contest. You can tailor the contest any way you like. It can be just for fun and bragging rights or you can offer a small token. Giving away a “free item” or a coupon good towards the purchase of something from your business has a good chance of creating a new client.
4) Be Clear on the Rules: Whatever type of contest you decide on, make sure the rules are clear and easy to understand. There should be no loopholes that can be challenged. If it’s a daily, weekly or monthly contest, it’s important those entering know how the winner is determined.
Will it be the first correct answer or the first five correct answers?
How many times can a person enter?
How often can someone enter?
How will you handle duplicate entries from one person?
Is the contest international or just for U.S. citizens?
If cash is involved, what form will the prize be in—cash, check, money order?
Who will be responsible for shipping and handling charges of the prizes?
How many prizes will be given away?
Will you base the prize giveaway on the number of entries?
Are there any age restrictions?
When is the entry deadline
If it’s an essay writing contest, what is the word limit?
Is it supposed to be humorous or serious or in poetry form?
What will be the entrants be judged on? Is it on creativity or spelling and grammar?
Who will judge the entries?
5) Form Venture Partnerships (Sponsors): One of the benefits of online networking, is connecting with fellow entrepreneurs. You can form relationships that develop beyond the “social.” When preparing to do a contest put the word out to your networking groups. Show them the benefits and ask them to team up with you. You may offer free promotion for their business in your press releases or on your website for a specific period of time. In exchange, they may offer the grand prize or make a cash contribution to help offset any costs (like shipping and handling prizes to the winner). This is a great way to increase your visibility and further build on those business relationships. Present your potential partner with the idea that teaming up will be a win-win situation for everyone!
Using Contests to market your online business is an effective way to drive more traffic to your website and ultimately increase sales.
In addition to being the author of the best selling book, Whatever! A Baby Boomer’s Journey Into Middle Age, Beverly Mahone has also earned the nickname “Contest Queen” for the number of successful contests she has run on her websites. She is also a member of Women Business Owners and creator and founder of Boomer Diva Nation—an online community for women 40 and beyond. To contact Beverly, send an email to: Beverly@talk2bev.com or visit her website: www.boomerdivanation.org