Sweepstakes: Love 'em or hate 'em, they still work. They're a simple solution for almost any challenge -- flexible, inexpensive, easy to execute and quick to put together. A large sweepstakes prize gives the sales force what they need to sell-in programs to key customers and, ultimately, that’s what leads to necessary in-store displays.
Sweepstakes also help to drive a database, consumer or sales leads, or other viral lists.
Contests (which require a test of skill) seem to be on the rise because they offer a more sophisticated level of consumer involvement and therefore have a greater opportunity for engagement with the brand.
Creating a successful sweeps program or contest depends on what you're trying to accomplish, but there are a few key components:
1) The prize. It’s becoming increasingly more difficult to create something that breaks through the marketing clutter and still connects the consumer back to the brand. A big prize can serve as the hook that cause your core target to respond.
2) The winners. Increasing the number of winners is an obvious solution that many brands have utilized to overcome one of the biggest challenges with sweepstakes participation: the perception of “I will never win.” Messages like: “Winners every day” or “Thousands of winners” help to drive participation.
3) The time. Keep your promotions short and the redemption of the prize as close to immediate as possible. Winning tickets to “next year's” event doesn’t excite the consumer. Your promotion will lose momentum if you have to wait for months to find out if who won.
4) The idea. All of the above doesn’t matter if the idea doesn’t connect with your consumer. Understanding your core target, leads to emotional powerful ideas that resonate with your consumer... making your sweepstakes a launching point for a longer relationship. -- AE