RFP?

@Travis Sago

@Honey Syed niiiiice

@Kevin Pettie(EDIT) just seen this is an old post... but I'll leave my answer anyways. Watch the 6600 email (it's in pop up and the group). @Travis Sago goes over how you can turn one winning bid into multiple buyers at same price (ethically) by giving the actual winner an additional bonus and also asking his permission to make the similar offer to those few that also almost had the winning bid.

So many variables that can go into making this decision. but the biggest one is this: You can do an auction in the next two days and have money pocketed. A contest/ giveaway/ sweepstakes / raffle (illegal pretty much for most of us unless a nonprofit -but there are ways around it) You'll be running the giveaway for a week....a month...maybe even two months depending on prize size and value. > Think those home or RV giveaways. They might be 6 months or a year even. So certainly you can do both, but I'd start with the auction. then do your giveaway with the goal of it being focused on virality either thru specific platform algorythms, or SaaS like Upviral/ Gleam.io etc. Typically people put off buying your product while the contest is in play while they are hoping to win it. It's actually best to have a prize that is not what you are selling but related. To get the most virilaty you'll actually want to run a hybrid contest / giveaway. A contest being where someone earns the most points and wins on merit. The giveaway one can win on luck of the draw and usually you'll have incentives to share your giveaway to get more entries (as well as you should have a freebie right up front to entice people to enter no matter what). This is two ways of incentivizing Sweepstakes are great. They are paid to enter, but more of a learning curve for laws so that you don't turn it into a raffle. So, auction first. Then viral giveaway. By time giveaway is over and you made your sales you can be holding another auction within a few days/week.

@Steffen Leidicke and you are right...T always reframes things to be so agreeable with a slight tweak in language. Never ceases to impress me.

@Travis Sago 🙏 ok thank you.... I was misunderstood a little and I'm sure it's my fault... I was only referencing if we aimed for rev share at the same levels (bc I have no experience yet personally if possible partners perceive doing an auction as too easy to share as much?) yes. mental masterbation at it's finest sigh. and FIRE is mostly about creating and owning. Think I got it all straight now. I"m slow learner these days. Gracias, again. P.S> I hope you and Jeannie and your family had a wonderful Thanksgiving yesterday!