This cool t-shirt is from Threadless
It is a good sign to see companies like Starhub using social media like Twitter to run contests. It means that what was considered fringe media is now mainstream.
But the flip side to this is that your contestants have to flood tweet DAILY with your hashtag and keyword to win.
If that is the way you want to get the word out, don't be surprised it has the opposite effect.
For one, your contestants may LOSE followers who are annoyed with your contestant's constant tweeting for the sake of tweeting to win. So instead of a viral effect, you get less buzz.
Secondly, if you annoy your contestants' followers, you will get a negative feeling about your campaign. You don't want your product or service to be remembered for encouraging annoying twitter spam, do you?
Tweeters build up trust with their community over time, and this kind of campaign sacrifices the goodwill built up for a short term gain of prize money.
The question to ask is, if I ask my contestants to tweet my message to their followers, what do their followers gain from it? If only the tweeter gains from it (like standing a chance to win a prize), then it's not TweetATreasure, it's TweetASpam.
And you can tweet me on that.
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