Prize Coverage enables marketers to offer large prizes, rewards and incentives normally beyond their budget via skill, chance or response based mechanics.
Prize Coverage allows marketers to offer a large, risk-free prize for only a fraction of the cost where-in 5th Consulting reimburses the marketer for the cost of prizes won or offers redeemed – in return for a premium.
Some examples include probability-based prizes such as drawing the correct envelope, dice rolls or spinning a wheel, and skill-based prizes such as sinking a 60-foot putt, shooting a basketball from half-court or making a field goal from a certain distance.
Promotional Risk Management
Our Risk Management services provide the certainty you need by capping the spend of your promotional campaigns.