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The $100 MBA Show

MBA914 Does Giving Out Free Swag Work?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 9 January 2018

⏱️ 17 minutes

🧾️ Download transcript

Summary

Startups and swag go together like peanut butter and chocolate. But do all the T-shirts, water bottles, stickers, and USB drives work? Does the money spent on giveaways come back in the form of conversions? The coolest swag in the world doesn’t help your business if it doesn’t come with a meaningful ROI.

Transcript

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0:16.7

Heyo! Welcome to the 100 Army Show, the business podcast for those who want a better business today. That's why we deliver our 10 minute business lessons every single day, five days a week.

0:21.8

I'm your host, your coach, your teacher, Omar, and home.

0:25.0

I'm also the co-founder of the $100 MBA, a complete business training and community

0:30.0

online.

0:31.2

If you have a new idea for a business or a new feature or a new product in

0:35.8

your business and you want to make sure that your potential customers will buy it, then

0:40.6

you need to check out our free idea validation course.

0:43.4

It's a seven-part video course with a workbook to help you make sure that you nail those ideas

0:49.2

and make sure you have things that people actually want.

0:51.6

It's an essential skill you need as an

0:53.6

entrepreneur and this course is completely free just go to 100 MBA.net.

0:59.2

In today's episode you will learn does giving out free swag work does giving out free t-shirts and

1:05.8

stickers and waterballs and all that kind of stuff work as a marketing exercise is it

1:10.8

worth your money to buy these things and give them out at a conference, a meetup, or even at your physical store?

1:17.0

Well, that's what we're going to be covering in today's episode.

1:20.0

Nicole and I have attended many conferences.

1:23.0

We sponsored a few conferences, one recently in the past,

1:26.0

and I want to just share with you our experiment of giving out free swag.

1:30.0

It's going to kind of be like a debrief to find out was it worth it and if it was

1:35.3

how would I do things differently to improve my conversions? You might be surprised with what we learned.

1:40.1

I want to make sure you're spending your money wisely when it comes to marketing your business.

1:43.8

That's why this episode is so important.

...

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