Win 1 of 30 New Release DVD’s This Month!
Ever wonder how companies can afford to give away CDs, DVDs and other cool prizes? Do they make special deals with the manufacturers/publishers? Are the backroom deals all just to get a piece of your personal information?
Some types of deals like that happen, but more often than not, the company finds advertisers who are willing to pay for the prizes in return for a prominent feature ad. Take FreeDVDsForYOU.com, they are a new startup that recently began giving away The Dark Knight DVDs to one lucky winner each day to promote their New Release Newsletter. While they are losing money on each DVD they send out, they hope to get enough subscribers to the newsletter to sell advertising to companies in the entertainment industry.
When asked about the giveaway, the President of FreeDVDsForYOU.com, Micheal Savoie, responded optimistically. “Given the way the recession has scared a lot of people, buying DVDs is sometimes the only escape they have from the bad news they hear every day. I want to help them out with a free DVD to cheer them up and make things look a little brighter.”
FreeDVDsForYOU.com first opened up on December 9th and have seen tremendous growth already. Traffic is increasing and they are tweaking the offer to make it easier for people to sign up for the contest. Savoie is experimenting with an affiliate type of program where business owners can offer the contest on their own site for free and get a percentage of any sales of products offered by the site. This promises to make it profitable for website owners who already get a lot of traffic and increase the number of new registrations for the contest.
“This is a numbers game,” Savoie added, “the more eyeballs we can put our website in front of, the more advertisers are going to want to put their advertisements on it, and the higher the cost for the ads!”
FreeDVDsForYou.com’s goal for 2009 is to give away over 1000 DVDs through contests, promotions and special offers. They are currently surveying visitors to find out what videos they want to win, which makes it easier to target the advertising to match the film genre. In this case, the advertisers get more traffic and can spend more money to pay for more DVDs.
“It is truly a win-win situation! We give more New Release DVDs to our customers, they tell their friends, we get more visitors and our advertising clients are ecstatic! We are even looking to do some video contests with the creative people out there. When we have a New Release that is coming up that elicits a lot of video commentary, we will set up a contest page where folks can put their own home made video on our site and the most popular one will win a DVD of that movie!”
Other companies may have arrangements with DVD distributors, but FreeDVDsForYOU.com is one company that is working from the ground up, by building relationships with their customers first and then building their advertiser relationships. Time will tell if this approach of using social media to build a customer base to drive ad revenue will become popular.
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- Micheal Savoie
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