Sponsored Giveaways is a marketplace for Sponsors and Bloggers that handle giveaways to connect. It’s an easier way for sponsors to find bloggers to run their giveaways, and communicate with the bloggers that are interested in learning and sharing the sponsor’s products. Sponsors can browse through a variety of blogs to find the ones that match their campaign’s needs.
Sponsored Giveaways has everything automated the process of hosting giveaways is supposed to be easy. From my understanding it’s once you’re approved for an opportunity you copy and paste the widget on your site and it’s ready to go. You are ready to accept entries. You run the giveaway for the required time, and it’s that easy.
Sponsored Giveaways is a new website, it’s the first of its kind that I know of anyway. I have never signed up with a website to run giveaways from. To be honest it’s always been nice dealing with sponsors via my own email, but I decided to give it a shot and sign up. Who knows it might end up being great, and if it’s not than oh well.
According to SponosredGiveaways.com (fyi, name has been changed to Giveaway.ly 9/17/13) you can cash out your earnings via PayPal or Moneybookers at the moment. They are trying to add Check, Western Union, and Wire transfer as well. Once your account reaches $20 you’re able to cash out and there is no fee for cashing out.
SponsoredGiveaways has a fee of 25% for connecting you with the sponsor, managing giveaways and support team. So bloggers will make 75% of the agreed upon price. You will be paid once giveaway has ended and all conditions have been meet, and it will take 1-3 days to receive payment in your SponsoredGiveaways.com account.
Like I mentioned I just signed up for this, had a look around, and thought I would share. So if you want to sign up for see what it’s all about you can check it out at Giveaway.ly.