As its announced that UK consumers are hunting out prize promotions to ease the cost of living crisis, we reveal The Experts Guide to Winning Prizes

New analysis has discovered that the general public are more and more turning to successful prizes as an answer to the present monetary state of affairs. Conventional wins like fancy holidays, trend gadgets and even tickets to the following World Cup are out; lately it’s prizes that assist ease the monetary burden of day-to-day life, like cash in the direction of vitality, web, mortgage funds & grocery store payments that folks wish to win.

A brand new survey, by prize promotion specialists PromoVeritas discovered that:

• We’re a nation of ‘compers’; 77% of us have entered a prize draw within the final 12 months
• 23% wish to win their payments paid or grocery prizes to assist ease the price of dwelling
• 44% usually tend to wish to win decrease worth prizes, reductions and groceries than pre Covid. This determine is highest in Scotland (61%)
• #BeKind; Gen Z’s most favoured prize is a charity donation (31%) with a large 83% demanding environmentally pleasant prizes (in comparison with 60% common)
• Money remains to be king! Virtually half (42%) record it as probably the most wanted prize
• Even prime earners say “Give me the money!”; it was probably the most coveted prize for these incomes £70K plus (73%)
• Extra persons are successful! 55% have gained this 12 months in comparison with 41% in 2019
• Prime earners are most definitely to enter prize promotions
• 41% extra more likely to flip to their loyalty programmes than six months in the past

So, has this impressed you to hunt out some prize promotions that may assist make your lives simply that tiny bit simpler? Cash Magpie requested the workforce at PromoVeritas, an organisation with skilled data on every little thing to do with prize promotions, for some insider suggestions.

Right here’s The Specialists Information to Successful Prizes…

• For money prizes… When you’re on the lookout for money prizes maintain your eyes peeled for microsite entry pages as they’re often one of the best ways to enter, and you’ll typically do it a number of instances giving your self the most effective probability of successful. In fact please do examine the phrases and situations for entry necessities, you don’t wish to be disqualified for not appropriately following the entry standards and coming into too many instances!
• For larger prizes… Preserve a glance out for fast win and competitors promotions, these might take extra time to enter or include a decrease probability of successful however the pay-out is often loads larger and extra bespoke. Manufacturers typically wish to flip these into an expertise that they’ll showcase and discuss on their web sites or social media (so be ready to maybe be a part of this story!)
• For straightforward wins…. You’ll find prize promotions the place you must observe a URL on the manufacturers web site, or from packaging on a product These often simply contain handing over your e-mail tackle and generally a small quantity of non-public data (identify, quantity, and so on). This makes then very fast to enter, 2-3 minutes max and for anybody who desires to enter on a passing whim. Possibly get looking within the aisles for competitions on merchandise subsequent time you’re purchasing!
• Get socially minded… We’d embody social media promotions in with the ‘no trouble’ group. Fairly often they only require commenting on a publish and following the model. They’re good, easy and fast for anybody to do. A number of manufacturers use them as a strategy to increase their following, so if a brand new store, salon, model or restaurant is launching its all the time price testing their Instagram or Twitter accounts for any promotions that would assist you win one thing pretty. Ensure you observe all of the manufacturers you’re a fan of, they’re actually good at supporting their loyal viewers, so that you typically discover they are going to be giving any bespoke prizes, typically extra tailor-made to their viewers – and also you!
• Loyalty pays off…. Sure, loyalty programmes are a good way to economize in your favorite supermarkets (Nectar, Clubcard and so on), plus plenty of different manufacturers are actually beginning up loyalty schemes (Yeokens, O2 ect) that will assist shoppers to realize reductions and cash off in different areas of their everyday lives. It would look like a trouble signing up however they’re all the time price testing
• The place are you able to go to seek out the most effective prize promotions? There are some actually nice sources to seek out the newest promotions, equivalent to ‘Compers Information’ and a web site known as SuperLuckyMe by the well-known comper Di Coke. Verify them out.
• Keep in mind, bear in mind…. Preserve a log of the competitions you’ve entered – at PromoVeritas we frequently have winners consider they’re being scammed once we notify them, and don’t reply due to this fact forfeiting their prize. Ensuring you’re conscious of prize promotions you’ve entered takes away that layer of fear when somebody contacts you
• When you do get a name, and you’ll’t bear in mind coming into, ask who the model is and if that’s the case who’s fulfilling the competitors. In our case, now we have a web site with our credentials which may be cross checked with the phrases and situations (discovered on the level of entry). All organisations doing the fulfilment ought to have the identical
• How to not get scammed…. Ensure to solely observe hyperlinks from trusted sources – social media channels, packaging and the manufacturers personal web site. When you obtain an e-mail from an organisation pushing a promotion it is best to ALWAYS make sure that to examine the tackle it’s being despatched from, if it doesn’t look professional or doesn’t match with the best way the model talks about itself, don’t click on by way of any hyperlinks. When you’re nonetheless not sure go to the corporate’s web site immediately – it’s all the time price doing this
• Lastly, have a little bit of enjoyable…. Prize promotions shouldn’t trigger you trouble, and if they’re completely free to enter they could be a enjoyable strategy to attempt to win your self one thing good. One thing all of us want in the intervening time!

Disclaimer: MoneyMagpie isn’t a licensed monetary advisor and due to this fact data discovered right here together with opinions, commentary, options or methods are for informational, leisure or instructional functions solely. This shouldn’t be thought of as monetary recommendation. Anybody considering of investing ought to conduct their very own due diligence