Competition - Consumer Competitions

Consumer Competitions

In Australia, New Zealand and the United Kingdom, competitions or lottos are the equivalent of what are commonly known as sweepstakes in the United States. The correct technical name for Australian consumer competitions is a trade promotion lottery or lottos.

Competition or trade promotion lottery entrants enter to win a prize or prizes, hence many entrants are all in competition, or competing for a limited number of prizes.

A trade promotion lottery or competition is a free entry lottery run to promote goods or services supplied by a business. An example is where you purchase goods or services and then given the chance to enter into the lottery and possibly win a prize. A trade promotion lottery can be called a lotto, competition, contest, sweepstake, or giveaway.

People that enjoy entering competitions are known as compers. Many compers attend annual national conventions. In 2012 over 100 people from around Australia met on the Gold Coast, Queensland to discuss competitions.

Read more about this topic:  Competition

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