Update: Owner of Giveaway.ly have decided to give it a break and there is no point signing up for it!
If you are a regular reader of ShoutMeLoud, you must be aware of contests which I often run here at ShoutMeLoud. A free blog contest always helps in getting more exposure and traffic to your blog, and at the same time advertisers get free marketing, and brand exposure. It is usually beneficial for everyone (Blogger, Advertisers and blog readers). I have already shared a guide on how you can find blog sponsors for blog contest, and today I will be talking about a new platform call Giveaway.ly, which was earlier named as Sponsored giveaways. This useful platform for bloggers will let them find product for the contest, and at the same time it will help them make money.
What is Givaway.ly and How you can make money from it?
Giveaway.ly is a platform for marketers and bloggers to connect with each other. For marketers, it will let them find niche blogs where they can promote their product for giveaways, and bloggers can use this platform to find contest opportunities. At the same time bloggers can set a price for running the contest on their blog, and this will help them to make money by running contests. Here is an image, which illustrate how bloggers can use giveaway.ly to make money:
Marketers and advertisers can create an advertiser account, and find potential blogs for hosting giveaways. This solves one major problem for advertisers:
- Finding reputable blogs to run contest.
- Lower down the time to negotiate on terms and pricing of running contest.
- GiveAway platform will ensure that payment will be done only when the contest is finished.
- It’s useful for new marketers to reach out to wider audience from one platform. (After all, it solves the major platform of blogger outreach).
How to get started with Giveaway.ly to Make Money?
Getting started with Giveaway platform is easy for both bloggers and marketers. Go to Giveaway.ly site, and open a blogger or advertiser account. If you are blogger like me, simply click on blogger, fill out simple registration form and create your account.
Once you are inside your giveaway.ly dashboard, you can start adding your blog. The great thing about this platform is, it uses your Google analytics account to display the traffic, this ensure that traffic which is showed to advertisers and reliable, and maintain the transparency. Here is what my screen looks like when I click on “Add blog”
While writing blog description, do remember you are writing for marketers. So ensure you optimize it by giving them stats which will help them to select your blog. For example, you could add details like what kind of reader-base or demographic you have, and how do you usually promote your contest. Once done, click on Next, and start filling your Social-media profile. And last step is to link to your Google analytic profile, and set the price for running the contest.
When you link with your Google analytics account, Giveaway.ly will automatically recommend you price per giveaway depending upon your monthly traffic and traffic demographic. Since you know, how much beneficial a contest can be for a marketer, you can set the price accordingly. For a new blog, I would recommend to keep it as low as possible, as with free promotional giveaways, you can get more readers and traffic for your blog. And once you have decent traffic, you can always edit your listing to set a standard price. Don’t forget to select “I would also like to allow Giveaways for free in exchange for a product copy”, as this will help you to get premium stuff for free, and also it will help you to write great reviews later on. (Which you can encash in the form of Affiliate sales). An advertiser can go to marketplace, and see the blog details.
This platform is already running from past 4-5 months, and doing good in terms of connecting bloggers with marketers, and vice-versa. These days, I have been getting lots of request for running blog contest, and Giveaway came out at the right time to create a standard platform for blogger out-reach, and also opened a new stream of revenue for bloggers. Minimum payout limit is $20, and mode of payment is PayPal.
Go ahead and sign up for a free account, which will not take more than 5 minutes. Don’t forget to share your feedback and review about this marketplace. Also, if you would like to suggest some changes to this platform, feel free to share with us via comments.