Giving away a free prize will encourage people to subscribe to your blog, like you on Facebook, and do other things as well. While the free prize encourages these actions to be performed, it is the best free prize possible that makes people take you seriously and buy your products. If you do a good job with the free prize, your potential customers will buy your products primarily because they believe that your products are much better than your free prizes.
Although it is important to create a free prize that would be worth something, many people only create a free prize just for the sake of saying that they have a free prize. These people create a bad free prize that does encourage more subscribers and Facebook likes, but the bad free prize does not encourage anything after that. Potential sales never happen, and some people go as far as unsubscribing or unliking if the free prize is really bad.
A free prize is just that. It is free, but it is also a prize worth winning. In order to make your free prize worth winning, you first need to decide what your free prize will be. If you want to provide a digital prize (so you don’t have to pay for shipping), you can offer an eBook, Power Point, video, or audio. Those are the options that most people use for their free products. For this blog, the free prize is a video about Pinterest.
Your free prize needs to be a lengthy one. The longer your free prize is, the longer you will be able to keep someone’s attention. A free eBook with 10 pages can be read in under 5 minutes while a free 50 page eBook takes 10 minutes to read. Free 30 minute videos get more attention than free 10 minute videos because the person can watch the free 30 minute video for an additional 20 minutes. By keeping someone’s attention longer with a lengthier prize, that person will think more and more that they need to buy some of your products.
Offering a lengthier prize also shows people that you went the extra mile to provide more free content. People love it when others go the extra mile to help them. Some of the people who get your free prize will eventually return the favor by buying one of your products.
While length is a big factor towards how good your free prize is, the quality of the free prize also determines how much attention it gets. If the free prize is a 50 page eBook with low quality content, then most people will “x out” of the book without saving it or bothering to read it any further. In addition, a poorly performed 30 minute video will lose attention as the seconds go by.
Your free prize needs to be lengthy and contain quality content. It is the job of your free prize to answer all of the readers’ questions about a particular area in your niche. That is all you need to do to create a free prize that entices people to buy your products.
What are your thoughts on the free prize? Do you have any tips on creating a free prize? Please share your thoughts and advice below.
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