Business Collaborations: Another Unexplored Sector of Live Streaming

Business Collaborations: Another Unexplored Sector of Live Streaming

On social media platforms

Live Streaming has benefitted some of the most unconventional sectors of the free market. The usage of live streaming in Travel industries, Live Video Blogging, Live News Streaming, Book Reviewing, Music Industry, Magic Shows, Business, Religious sectors, and plenty of other divisions have already been explored.

Getting deeper into the Business sectors, we have explained the concepts like Live Contests and Giveaways. Another such concept is Business Collaborations which is aimed at aiding the Businesses. Just as businesses can boost sales using live streaming to organize Contests and Giveaways, business collaborations offer a better prologue to hype the audience’s interest.

Collaborations between businesses are usually made to boost sales and reputation. One business that is customarily less / equally reputed than the other initiates a collaboration to improve itself through a better- known brand. The other business either endorses the former one either for a fee or sells the products along with their products boosting the sales of both.

This strategy mutually benefits both businesses. These kinds of collaborations allow the businesses to promote their product through live streaming and by offering the collaborated product as a combo, an immediate boost in sales might be observed. A better plan of action would be to combine products that benefit the audience best. As sales go, discounts go way further in sales improvement than any other.

Another idea that can work is to make these offers limited to the time of the live stream. This piques the audience’ interest along with bringing forth the “Fear of Missing Out (FOMO)”. A common problem with this game plan is that the websites must be able to handle a significant rise in the traffic. Many e-commerce businesses often underestimate the damage that is caused by a sudden rise in traffic. Not only do websites become irresponsive but this generates negativity in the customers that are difficult to transpire. Given, these complications are taken care of, this might become one of the most successful propositions to boost product sales.

The preceding publicity works can be managed through social media platforms and other marketing techniques. Several techniques to extend the reach of live streams have been discussed in the past. Following these techniques can not only improve the number of potential future customers, but the scale of savings can also make them loyal to your business. Read our article How to Advertise your Pre-planned Live Streaming Event on Social Media (link) to become knowledgeable about the basic free advertising techniques.

Source: http://blog.freedocast.com/business-collaborations-another-unexplored-sector-live-streaming/ 

Live Contests and Giveaways can Boost your Product Sales

Live Contests and Giveaways can Boost your Product Sales

On video streaming platform

Live streaming has brought a revolutionary change in the technological pace. It had brought the entire media and marketing to the hands of a commoner cutting off the link between the established popular channels and Marketers. The grounds have now shifted to social media platforms where people spend most of their time. and this is where live streaming is making its mark giving people the info it needs in the space that they feel most comfortable in.

While the question of offering the best content to the users has been answered several times before, a better way to engage customers, drive traffic or sell your product is to organize Live contests and Giveaways that make the users want to take part. Anyone who has been familiar with the most basic of marketing strategies is knowledgeable of the fact that free stuff will sell.

Any product big or small, if launched graciously on a splendid platform in all its grandeur is bound to make noise until a significant number of bad reviews kill it. But, if the product is even slightly close to being good, it will make its mark in the market and will withstand competition for a long time. What about the products that cannot be launched majestically?

There are plenty of products in the market no one knew a thing about when they were launched but made billions after they’ve been launched because of their usefulness. Fortunately, those circumstances are no longer viable, and any product can now be launched and can be exposed to a small audience in the online world. But launching alone won’t sell products. People must use your product and give their feedback of it so that other people can be inspired by it and buy. Like no other time in history, user reviews have been carrying more weight to a product’s marketability than the company’s brand name or its history.

Product Giveaways are the best way to gain these when the product is known to a limited number of audiences. Setting up a Live Stream Video, explaining the product and giving away the samples to the users who comment first or are more engaged in the video is the best way to do this. Their feedback will add value to the product that might grant a spectacular boost to your product/ brand.

After the brand has been established and the product is quite popular, a contest might help a boost in sales. Orchestrating a live stream where you conduct a contest urging users to either buy your product so that they can win something or win the product by answering something, will be a great marketing move. This can be organized in the infancy of the product launch too but since the audience number will be minimal, gaining a significant boost will be tough. The Contest can be held in the site or elsewhere offline and the announcement can be done in live too.

While the contest or giveaway live stream might help you to gain a boost in sales, it is pertinent that the live stream gathers more users for it to be a success. Advertising adequately to gather more audience is as important as the contest or giveaway itself. Check out our article on Advertising to make your live stream even more successful.

Source: http://blog.freedocast.com/live-contests-and-giveaways-boost-sales/

Live Contests and Giveaways can Boost your Product Sales

Live Contests and Giveaways can Boost your Product Sales

On video streaming platform

Live streaming has brought a revolutionary change in the technological pace. It had brought the entire media and marketing to the hands of a commoner cutting off the link between the established popular channels and Marketers. The grounds have now shifted to social media platforms where people spend most of their time. and this is where live streaming is making its mark giving people the info it needs in the space that they feel most comfortable in.

While the question of offering the best content to the users has been answered several times before, a better way to engage customers, drive traffic or sell your product is to organize Live contests and Giveaways that make the users want to take part. Anyone who has been familiar with the most basic of marketing strategies is knowledgeable of the fact that free stuff will sell.

Any product big or small, if launched graciously on a splendid platform in all its grandeur is bound to make noise until a significant number of bad reviews kill it. But, if the product is even slightly close to being good, it will make its mark in the market and will withstand competition for a long time. What about the products that cannot be launched majestically?

There are plenty of products in the market no one knew a thing about when they were launched but made billions after they’ve been launched because of their usefulness. Fortunately, those circumstances are no longer viable, and any product can now be launched and can be exposed to a small audience in the online world. But launching alone won’t sell products. People must use your product and give their feedback of it so that other people can be inspired by it and buy. Like no other time in history, user reviews have been carrying more weight to a product’s marketability than the company’s brand name or its history.

Product Giveaways are the best way to gain these when the product is known to a limited number of audiences. Setting up a Live Stream Video, explaining the product and giving away the samples to the users who comment first or are more engaged in the video is the best way to do this. Their feedback will add value to the product that might grant a spectacular boost to your product/ brand.

After the brand has been established and the product is quite popular, a contest might help a boost in sales. Orchestrating a live stream where you conduct a contest urging users to either buy your product so that they can win something or win the product by answering something, will be a great marketing move. This can be organized in the infancy of the product launch too but since the audience number will be minimal, gaining a significant boost will be tough. The Contest can be held in the site or elsewhere offline and the announcement can be done in live too.

While the contest or giveaway live stream might help you to gain a boost in sales, it is pertinent that the live stream gathers more users for it to be a success. Advertising adequately to gather more audience is as important as the contest or giveaway itself. Check out our article on Advertising to make your live stream even more successful.

Source: http://blog.freedocast.com/live-contests-and-giveaways-boost-sales/