I don't normally do giveaway on purpose , I just do it when I feel like , mainly for my loyal customer just to appreciate them because I am still running a small business and doing giveaway everytime will ruin my business.
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I don't normally do giveaway on purpose , I just do it when I feel like , mainly for my loyal customer just to appreciate them because I am still running a small business and doing giveaway everytime will ruin my business.
Giveaways are important aspect if business promotion but one shouldn't turn to a father Christmas all in the name of doing giveaways. This should be done once a while and not frequently.
How many different giveaways do you do in a month? Do you do multiple ones? Or do you prefer to do one a month? Or even every other month?
Running multiple giveaways as a business owner is not something that should be encouraged because it is going to be increasing your cost of production or cost of running your business which will directly impact on your profit making even though you are trying to use it to improve your sales.
I think that it may increase the cost in the business, but I think that it is also quite beneficial for your business as well. This is because when we offer giveaway, it would make people get attracted to your business. As a result your business may get more followers.
The most important thing in running any kind of business is to try as much as possible to cut down on your cost of running the business because if you have a high cost of running a business and still made profit, your prophet is still going to be small.