Free giveaways aren't just a way for you to promote your business. They're also a great way to add additional streams of income to your business.
Here's why:
Free giveaways usually offer some type of one time offer or additional products. When someone buys through your link, you get paid. Because these sites also offer an affiliate program, you have an opportunity to add an upsell to your business.
When you join a free giveaway, it gives you additional products to promote, as well as a way to build your list. You don't have the hassles of a joint venture because free giveaways are a lot easier to promote.
Now, if you really want to make more money using free giveaways in your business, there are several ways you can do this:
Join as many free giveaways as you can. The more giveaways you join, the more opportunities you have to expose others to your products and/or services. Although it can be time consuming joining all of these giveaways, it's worth it because it allows you to grow your business much quicker because of the exposure.
Promote your giveaways as much as possible. You don't have to have a list in order to promote giveaways. In fact, one of the reasons for joining free giveaways is to build your list, and it's a very fast way to do it.
There are plenty of easy ways for you to promote the free giveaways you join too. This includes Bum Marketing, free classifieds, Squidoo, forums, posting the information on your blog for your readers, social marketing and others. It doesn't have to cost you anything to promote; you just need to take some time to really get the word out.
There's an added benefit here with doing lots of promotion on free giveaways because the more you promote, and the more members you get the higher your gift will be in listings. Most people only go through the first two to three pages of a giveaway, so if your gift is listed on the back pages, it's less likely to be seen.
- Offer an upsell on your confirmation page. An upsell is a product you offer that costs a little bit more than what you are selling the original product for. With free giveaways, you normally offer a special offer where you might offer one of your products at a lower price. If you don't own any products, you can always create a package from PLR or buy resales rights to products and create your own unique package.
Whatever you choose to do, just remember that free giveaways are another way to add additional streams of income while adding value for your site visitors.