What are the Advantages of Giving Away Products for Free?

in giveaways •  2 years ago 

Giving away products for free is a marketing technique that is utilized by many companies to generate awareness and acquire new customers.

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It has been found to be a successful strategy in the past, but it has also been criticized for not being sustainable.
This technique can be used by companies of any size and it is not limited to physical products.

It can also be applied to services, software or even information. Some of the advantages of giving away products for free are:

It provides a low-risk approach to gain awareness and customers.
It gives away accoutrements that would have otherwise been bought.The technique allows the company to stay in business longer, as they are able to avoid the cost of future purchases.
It gives away products with a high demand that can generate profits later on in the sale and marketing of it.
It is particularly effective for companies with an intangible product such as information or software because people are more willing to give

I found a small website, with some giveaways and sweepstakes. Take advantage of them --> https://cutt.ly/MBalOB8

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