Prizeology QuizTake our test and see how you do! Step 1 of 616%Prize promotions research: Could you make your prize promotions more effective?Prizeology is doing some research into how businesses conduct their prize promotions and we'd very much appreciate it if you could spare a couple of minutes to complete the following mini-questionnaire.In return, if you give us your email we'll send you some advice on how you could improve your prize promotions practice.Thanks very much, the team at PrizeologyBefore you begin..Please provide us with the below details, this way we can be in touch about your results.Name First Last Email Question 1How do you source prizes for your promotions?* Our budget is restricted so we usually use Amazon and eBay All our resources go to buy one big prize, usually technology Via a specialist prize sourcing agency which has the contacts to get us deals and discounts We don't run prize promotionsQuestion 2How do you generate terms and conditions that comply with current regulations?* One of our competitors runs a lot of promotions so we just tend to use theirs Writing them ourselves is easy and efficient A compliance expert specialising in promotions draws them up for us We don't bother with terms and conditionsQuestion 3How do you approach the legal aspects of global prize promotions?* By carefully ensuring that every country's terms and conditions are exactly the same Our standard terms and conditions are amended in house An agency with expertise in global prize promotions handles the international legal side We don't run global prize promotionsQuestion 4How do you ensure social media prize promotions comply with current regulations?* Regulation is still pretty light so it's not something we really worry about The influencers we work with don't need to flag up their business relationships to their followers Social media prize promotions can be tricky in terms of compliance, so we take professional advice We don't run prize promotions on social mediaQuestion 5How do you measure the success of your prize promotions?* By totting up the number of new Facebook likes we get Success is measured by the number of entries we receive Tracking means we can quantify the sales uplift from a promotion very accurately We don't really measure how successful our prize promotions are
