It's a type of a giveaway where both the brand and the influencers grow their accounts together. Everybody brings something to the giveaway; Influencers bring their followers, brand brings the prize, both get exposure and new followers.
With us the loop giveaways are:
Loop giveaway takes the best of what Instagram offers and makes it work for you.
Because the giveaway sparks such a huge engagement, Instagram usually shows it on 'explore tab' and in top 9, giving the giveaway an extra boost in engagement for everybody.
Lets say a resort has available rooms. They can let them stay unused or they use them as a giveaway prize. The resort doesn't have many followers so even if they give them away, nobody would know about it unless they paid for advertising.
No credit card is needed to sign up or setup your contest.
You can decide which option to go with once you are ready to launch your giveaway.
Make your first giveaway and see the power for yourself