Digital marketing expert Ken Wisnefski shared the following takeaways about the new feature from the retail giant:

  • People love free stuff, so giveaways are an extremely effective promotional marketing tool for building brand awareness, generating leads and building an engaged audience on social media.
  • Marketers have been able to acquire valuable leads and prospects through creative and targeted contests.
  • While brands may lose revenue on the initial scenario, over time, they can build brand loyalty and have more recurring sales.
  • Amazon’s streamlining of the giveaway process with tons of real physical items will make it easier than ever for marketers and small businesses to manage and engage this technique with potential leads.
  • Amazon’s feature also allows contest hosts to connect their Twitter accounts and exchange entry into the giveaway for a Twitter follow.
  • Giveaways are great promotional tool outside of brands, as well; they can help raise awareness for causes, artists, nonprofits and events.
  • Despite its initial cost, people looking for a quick and easy path toward notably higher engagement will definitely find it utilizing this tool.

 

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Published by Kenneth Wisnefski

Kenneth Wisnefski is a serial web entrepreneur currently on his 3rd successful startup. His previous ventures include VendorSeek.com (founded in 2001, sold in 2008), ImpactDirect (founded in 2005, sold in 2008) and WebiMax (founded in 2008). Mr. Wisnefski is an expert source in entrepreneurship, small business, online marketing, social media, and online security. Under Mr. Wisnefski’s leadership, WebiMax has grown from a small startup with 4 employees in 2008 to 130 employees and $8 million in revenue in 2011. WebiMax works with over 600 clients worldwide from individual and small business to large firms including Aeropostale, DirectTV, Marriott, and Toshiba. WebiMax’s core products and services include Social Media Marketing, Search Engine Optimization, Website Design and Development, Paid Search, E-Commerce, and Search Engine Marketing.

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