Thread: contest prizes
View Single Post
Old 03-19-2008   #10
TheEnforcer
Scored VIP to Anton's Piss Tank
Want to see your own Advertising Here!
 
TheEnforcer's Avatar
 
Join Date: Oct 2002
Posts: 8,781
Default Re: contest prizes

Contests with prizes are about as old school marketing as one can get. There's a reason it's been around since the dawn of doing business. And I'm not just talking adult either. It's been around forever as a marketing tool because it works and it generally costs very little in the grand scheme of things and brings more benefits to a company than it does cost to them.

Lets do some basic math. What do you think a pretty good sized company in the industry pays out to webmasters over the course of a year and how much is each signup of that paid out in dollars? IE- A decent company pays out X amount of dollars over the course of a year and it averages out to x amount of dollars per signup. Throw me out some numbers for several different sized companies and lets run the numbers on how much payouts are affected by a contest. I guarantee you the affect is minimal at best.
TheEnforcer is offline   Reply With Quote