Instagram Giveaways are one of the coolest ways to engage with existing followers and attract newer ones to the page by involving them in certain contest or event. Coming across shout-outs on stories, shared posts and reposts are a common affair when on Instagram. Usually participating followers are given something as a reward or a freebie in exchange of likes, comments, follows or any pre-determined activity.  Such online events help increase followers, engagement rates and also generate proper leads that seldom become customer bases later.