As its introduced that UK shoppers are looking out prize promotions to ease the price of residing disaster, we reveal The Consultants Information to Profitable Prizes

Studying Time: 4 minutes

New analysis has discovered that the general public are more and more turning to successful prizes as an answer to the present monetary state of affairs. Conventional wins like fancy holidays, trend objects and even tickets to the subsequent World Cup are out; lately it’s prizes that assist ease the monetary burden of day-to-day life, like cash in direction of vitality, web, mortgage funds & grocery store payments that individuals need to win.

A brand new survey, by prize promotion consultants PromoVeritas discovered that:

  • We’re a nation of ‘compers’; 77% of us have entered a prize draw within the final yr
  • 23% need to win their payments paid or grocery prizes to assist ease the price of residing
  • 44% usually tend to need to win decrease worth prizes, reductions and groceries than pre Covid. This determine is highest in Scotland (61%)
  • #BeKind; Gen Z’s most favoured prize is a charity donation (31%) with a large 83% demanding environmentally pleasant prizes (in comparison with 60% common)
  • Money continues to be king! Virtually half (42%) checklist it as probably the most wanted prize
  • Even high earners say “Give me the money!”; it was probably the most coveted prize for these incomes £70K plus (73%)
  • Extra individuals are successful! 55% have gained this yr in comparison with 41% in 2019
  • High earners are probably to enter prize promotions
  • 41% extra prone to flip to their loyalty programmes than six months in the past

So, has this impressed you to hunt out some prize promotions which may assist make your lives simply that tiny bit simpler? Cash Magpie requested the group at PromoVeritas, an organisation with skilled data on all the things to do with prize promotions, for some insider suggestions.

Right here’s The Consultants Information to Profitable Prizes

DisclaimerMoneyMagpie isn’t a licensed monetary advisor and subsequently info discovered right here together with opinions, commentary, strategies or methods are for informational, leisure or academic functions solely. This shouldn’t be thought-about as monetary recommendation. Anybody pondering of investing ought to conduct their very own due diligence 

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