We are supportive of current modern day marketing which involves giving out a lot of freebies. This action is new and has only been around for the past decade, moving away from other forms of marketing such as just television commericals.
It is kind of like giving a gift basket to a long time business associate. We think giving away of freebies is good because it rewards customers for all there loyalty to specific companies.
By giving away free products, companies believe customers will feel a sense of appreciation for and return to buy the same product. This works in a lot of companies. But if the product being given away is not that good, it won't end up being that successful.
As You Can See By This Video, Freebie Marketing Is Profitable For Firms, As It Earns Them Referral Profit:
Its definetely worth giving up 5 minutes of your time to participate in these contests though as they are rewarding a lot of the time. I would not be suprised if Ferrari or Lamborghini start releasing freebie cars in the next few years. All companies have to do it to be able to compete with there competitors which is a must in every market.
We are currently researching the freebie field and plan on releasing a list of sites offering the most giveaways, both quality and quantity. There is definetely a lot of sites doing this so the list will be detailed.
There are some rules as to wheter contests will be a successful marketing strategy and will increase a company or shows popularity. Firstly everyone must have the same chance at winning. Such as first caller wins. This is much more successful than having visitors do advanced mathematic solutions for the prize. With marketing being so big in many corporations, competitions need to be fair, otherwise they will simply reflect negatively and be an added expense.