Chuck Killorin’s Post

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Helping Brand Managers and Marketing Executives create beautiful & accessible digital experiences that convert, without compromising design or features | Executive Creative Director | Web Strategy | Design | UX | UI

Prize pools on sweepstakes are big draws for consumers. The bigger the prize the greater the draw. So when defining your Estimated Retail Value (or ERV) for each prize keep in mind there are other costs associated with those prizes, one of which is, in the US, anything with an ERV over $600 will require a 1099 to be issued to the winner. This means more work to administer the sweeps and more money to mail those forms. Making sure you factor those costs into your total budget will lessen any surprises later on. #yesterlearnings #sweepstakes #promotions #design

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