Loop giveaways are the new blogging trend that everyone is jumping on. You can’t go on Instagram without finding an active loop giveaway. Before you join a loop giveaway, there are quite a few pros and cons of loop giveaways you have to consider.
For blogging beginners and long-time bloggers, it’s a great way to gain a lot of followers really, really fast. In a matter of days, you can gain anywhere from a few hundred to a few thousand followers. This may sound like something that is too good to be true and it can be (in some cases).
Since loop giveaways are so popular, there have been quite a few scams on the internet where people will pocket the money from other bloggers and fail to put together a giveaway. Make sure you do your research and trust the person you are giving your money to.
My rule of thumb is to only join loop giveaways with bloggers who have held successful loops in the past and/or bloggers who are a part of notable networks such as Lucky Contributor and Her Campus.
Before joining a loop giveaway, check out this list of the Pros and Cons of loop giveaways.
- Gain lots of followers very quickly
- Get to network and talk to a lot of other bloggers
- Give your blog and you a whole lot more exposure
- Lose about a 100 to (sometimes even) 200 followers a few weeks or months after the giveaway
- To keep up your numbers, you have to do more giveaways
More giveaways means more followers but it also means more money. And if you are not in a situation where you can shell out $30 to $40 each week/month to participate in a giveaway then this might not be the best idea to grow your following.
For beginning bloggers, loop giveaways can give you the foundation to build a larger audience. I gained over 400+ followers on Instagram from loop giveaways. Since then, I have organically gained another 200+ followers by posting quality photos.
If you have any questions, just comment down below!