I think it depends on the response you want.
I started my "EA 4 a year" quarterly contest about 3 years ago to try and encourage a longer term commitment from my team. Too many people quit too soon without giving their business time to develop.
The way the contest works is you earn 1 entry for each month of the quarter you are an EA (up to 3 per quarter). The prize is $30.00 (GC) a month for the next 12 months (if you fail to reach EA remaining months are forfeited).
The message I'm trying to send by having the drawing quarterly and the payout over a year is that it takes time and I'm going to be here with you whether you like it or not. ;-)
Another Contest I have is our yearly Progressive Jackpot... which builds up over the year, currently $236.17. Again, to encourage commitment one entry each month you are EA during the year.
Another contest that I had good results with was a $10.00 prize drawing for taking a survey. This provided me with some feedback from my team giving me a few ideas where they need some help in achieving their goals.
One of the questions on the survey was:
How long are you willing to commit to making your business work?
Over 93% chose an answer of more than a year (which indicates my first two contests might be working)
One more point is I like to offer the contests to all my generations below me, so they can piggyback on my contests by offering them to their PSAs as well.
less
I think it depends on the response you want.
I started my "EA 4 a year" quarterly contest about 3 years ago to try and encourage a longer term commitment from my team. Too many people quit too soon without giving their business time to develop.
The way the contest works is you earn 1 entry for each month of the quarter you are an EA (up to 3 per quarter). The prize is $30.00 (GC) a month for the next 12 months (if you fail to reach EA remaining months are forfeited).
...
more
