List Building Tips – Be cautious When Participating In Giveaways
A great alternative to build a list is by means of a giveaway event. You get to access other people’s lists and can leverage that to your own list building efforts. anyhow, you must be markedly careful when participating in a giveaway. This article actually comes from a recent experience another marketer had when participating in one of these things. Yes, this is scary stuff.
Okay, here is what took place in a nutshell. The marketer in question got involved in one of those list building giveaways where, on the backend, you can hopefully sell a couple of stuff to the people on your list. Well, it turned out that one of the products that one of the other participants was offering was contrary the TOS of PayPal. Now, the marketer who was unaware of this, and had nothing to do with the product other than advertising it indirectly by means of the giveaway, made a couple of sales of the product and finished up having his PayPal account limited. He was explained why by PayPal AFTER the horses were previously out of the barn.
Yes, this can occur to you simply if you get involved in a giveaway event, something I refuse to do anymore for the reason that of setbacks like these. But, if you’re determined to become part in one of these, there are some things that you better do BEFORE you get involved. I’m going to go by means of them in order to you give yourself the absolute chance of beginning of these with your business still running.
At the most recognized of the list, inquire to check out EVERY product that is being given away. Yeah, I know…if you’re involved in one of these with 100 other marketers, you’re talking about countless days of time wasted on this. But if you’re going to be sure that there is nothing being given away that will not raise any red flags, it has to be completed. You in addition want to check out any backend products been selling to be sure that none of THEM violate any TOS of the payment processor you are using.
Then you need to limit your involvement to JUST items that you are offering yourself. In other words, you do not want to plug your PayPal email address into a system where you could end up making a purchase for another product that MIGHT raise a couple of red flags. In other words, the only cash you’re searching to make out of this event is from sales that you for my part make to the list you’ve built from the giveaway itself and only YOUR products.
Yes, I know…quite a few limitations. Almost produces doing these not worth it. But trust me when I mention this. There are REAL dangers in doing these. You have NO idea what other people are promoting if you do not inspect the products. And if you permit the event runner to plug YOUR payment processor account into the system for ANY sales generated, you are placing your account at risk. That is the reality…like it or not.
So be cautious if you’re going to get involved in a giveaway.
You may end up giving freely more than you expected.