How contest make me money, step by step

Hello all;
Have you ever came across any contest online?
Guess what, instead of they giving us money, they already sold us.
Think of that, really make me laughing.

Here, what I mean. I myself not really in international market (yet).
But, this work for my local market.

Competition.

People love free money (read : opportunity to make money)
When you offer a chance to win easy money, they are a lot of replies you will get.

Ok, to make it short, I will explain step by step what have I doing.

This "awesomely" (is there any word like that ) work for those who have blog and autoresponder.

1. Post an entry to your blog. State there you are going to do a small contest.

2. Set the rules as easy as it can be.

3. Make sure you put viral element in your contest such as,

• tweet this sentence (which inlude the your contest url)
• post this quote to blog
• etc

4. State clearly what present you offer for a winner. I suggest, it is not a cash, unless it is so much

Here are some contest idea:

• Top Comment contest
• tweet contest
• newsletter contest
• referal contest
• affiliate contest
• best review contest
• etc

I hope this will help you start your own empire......and your own follower

 

How are you monetizing your contest?

 

good question.
Remember that I have said about viral element?
From there, you will get a traffic booster.
As most of us aware, traffic is money.

Besides monetize indirectly, you can even ask for sponsorship.
One of the way I did before, is referal contest.
Those who get the highest referal from my report, will be the winner.

Inside the report, I place some ads placement.
Then, I ask for sponsorship from colleagues. I tell them, what the pottential and
the benefit they can get from sponsoring my viral report....

 

Thank you. That clears it up for me.

 

I'm glad that you have had success with this. From an end user, I don't see a lot of value and not a good way for a new site.

 

Welcome

If you afraid of losing some capital, you can offer ads space, free blog review etc....
Start with small contest

 

Thanks a lot

 

Thanks for sharing this article.

 

contests are a great way to generate traffic as long as you have prizes or money to give out. It really keeps users coming back for more.