Harsh ∙ 19 weeks ago
Nice insight into the topic. Thanks for the tips.
Say that you're using Rafflecopter for this. You may approach a company and say that you are willing to giveaway 1 or 2 or more freebies in exchange for a little bit of value depending on how many have registered for the contest (E.g. 250 participants will give you $100, 500 participants will get you $200, 1000 will get you $500, etc). You can show them how many page views you have and how big is your fanbase to get them conviced. Then if they agree and you do the giveaway, ask the company what they would like to know about their potential customers (think of it as they are paying for a survey and getting new leads). And there you have it.
Another case considers using the losing participants to buy the product at a cheaper price while you get a small commission.
Its very profitable actually.