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A Professional Development Seminar Bruce L. Erley APR, CFEE President, Creative Strategies Group Denver, Colorado

The Basics of Successful Sponsorship

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Presentation by Bruce L. Erley APR, CFEE President, Creative Strategies Group Denver, Colorado

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  • A Professional Development Seminar

    Bruce L. Erley APR, CFEE

    President,

    Creative Strategies Group

    Denver, Colorado

  • What IS a Sponsor?

    And now a word from our sponsor

    Wont you please sponsor this child?

    Senator Thompson is the

    sponsor of this bill.

    We want to thank all our gold

    sponsors for their generous

    donations

    Our church is sponsoring a

    family from Croatia.

    And now a word from our sponsor

    Wont you please sponsor this child?

    Senator Thompson is the

    sponsor of this bill.

    We want to thank all our gold

    sponsors for their generous

    donations

    Our church is sponsoring a

    family from Croatia.

  • What IS a Sponsor?

    Sponsor . spn.sr (n.) an entity that pays a

    property for the right to promote itself and its

    products or services in association with a property.

    Also see: Sponsorship The relationship between

    a sponsor and a property, in which the sponsor

    pays a cash or in-kind fee in return for access to

    the exploitable commercial potential associated

    with the property. (ref.: IEG)

  • Seven Myths of Selling

    Sponsorships

    Sponsorship sales is fundraising

    Sponsorship fees should equal

    cost/expense

    Selling off an event piece-by-piece

    generates the most revenue

    Sponsors are most interested in exposure

  • Seven Myths of Selling

    Sponsorships

    Category exclusivity is generally not that

    important to sponsors

    Gold, Silver, Bronze are popular sponsor

    levels with corporations

    Sponsorship sales is a loathsome

    responsibility

  • Why should a company sponsor

    your event?

    Media advertising not reaching customer

    Achieve a closer, personal impact on

    customer (two-way communication)

    Create brand experiences

    Increase visibility

    Shape attitudes

  • Why should a company sponsor

    your event?

    Communicate commitment to a particular profession or lifestyle

    Differentiate products from competitors

    Entertain clients

    Showcase product attributes

    Combat larger ad budgets

    Increase Sales

    Recruit/retain employee

  • Conducting

    a Property Inventory

  • Conducting an Inventory

    of Your Events Assets

    It is essential to know

    what are the most basic

    components of your

    event, whether owned or

    controlled by you, that

    can be provided as rights

    & benefits to sponsors

  • What makes your event special?

    The activity

    The setting

    The audience

    The purpose

    The organizers

  • Quantify your assets

    Tangible

    Collateral Materials

    Advertising Exposure

    Commercial Displays

    Signage

    Hospitality

    Mailing lists

    Web Sites

    Others?

  • Quantify your assets

    Intangible

    Prestige of event

    Name, logo equity

    Market impact

    Audience size/draw

    Desirability of audience

    Category exclusivity

  • Quantify your assets

    Intangible (continued)

    Degree of sponsor clutter

    Protection from ambush

    Historic media coverage

    Competitive environment

    Age/Track Record of

    event

    Ability to Deliver Benefits

    Networking opportunities

  • Packaging Your Event

    For Sponsorship

  • Creating Sponsor Packages:

    Determining Types & Levels

    Philosophical Issues

    Unacceptable Sponsor Categories

    Tobacco?

    Beer/Wine/Liquor?

    Religious/Political

    What are you willing to sell-off ?

    Complete name integration?

    Change Event name?

    Sponsors logo over Events name?

  • Creating Sponsor Packages:

    Types of Rights

    Exclusive Rights Only available to Top Sponsors

    First Rights Option to choose exclusive asset or opportunity

    General Rights Received by all sponsors

    Varying quantities

  • Creating Sponsor Packages:

    Christmas Tree Model

  • Creating Sponsor Packages:

    Determining Types & Levels Top Tier Level

    Title

    Presenting

    2nd Tier Levels Associate

    Supporting

    Contributing

    Official Suppliers Serving/Pouring Rights

    Preferred Provider

    Media Sponsors Newspaper

    Television

    Radio

    Internet

    Outdoor

    Donor Categories Friends of the Festival

    Festival Club

  • Creating Sponsor Packages:

    General Terms

    Level (# at level)

    Category Exclusivity

    Contract Term

    Renewal Option

    Use of Event Marks

  • Creating Sponsor Packages:

    Media Rights

    Recognition in Event

    Buys

    Which media?

    Where in ad?

    Logo or name?

    ID in Media Partner Ads

    Name in News Releases

    Participation in Media

    Events

  • Creating Sponsor Packages:

    Promotional Rights

    Collateral Materials

    ID on Event stationary

    Poster ID - Location/Size?

    ID on Brochures

    Rackcards/Postcards

    Site Maps

    ID on Tickets

    Bounce Back Coupon on Back

  • Creating Sponsor Packages:

    Promotional Rights

    Publications

    Event Program

    Cover ID

    Interior ID

    Editorial

    Ad - Size/Color/Placement?

    Welcome Letter

    Newsletters

    Annual Reports

  • Creating Sponsor Packages:

    Promotional Rights

    Internet/Web Site

    Home Page ID

    Banner Ad on Site

    Link to Sponsor Web

    Editorial Coverage

    Social Media

    E-mail Blasts

    Podcasts

    Facebook

    Twitter

  • Creating Sponsor Packages:

    On Site Rights

    Signage

    Banners - # & locations

    Event T-shirts

    Marquee

    Exhibition Space

    Sampling/Couponing

    Demonstrations

    Audio Recognition

  • Creating Sponsor Packages:

    Hospitality

    Event Admission

    Comp General Admission

    Tickets

    VIP/Special Seating

    Special Parking

    Employee Discounts

    Memberships

  • Creating Sponsor Packages:

    Hospitality

    Special Arrangements VIP Tent or Special Areas

    Private Receptions

    Back Stage Passes

    Celebrity Visits

    Luncheons/Dinners /Receptions

    Meals/Lodging

    Golf/Tennis/Skiing

    Opportunity to host Corporate Day

  • Marketing You Event

    To Potential Sponsors

  • Create a Target List

    Look for natural fits Customer

    Product

    Geographic

    Past Sponsor Activities

    People

    Market presence

  • Preparing Your Pitch

    Pitch from their

    perspective, not yours

    How you will help them fill

    their objectives

    Sell benefits, not features

    Paint a picture of the

    opportunity

  • Quality Presentations

    Professional Quality

    Put property assets up front

    How you will help them reach their customers

    Fees/Terms

    Close

  • Thank you

    For more information contact:

    Bruce L. Erley, APR, CFEE

    President & CEO

    Creative Strategies Group

    11880 Upham Street, Suite F

    Broomfield, CO 80020

    (303) 469-7500

    (303) 438-5613 FAX

    [email protected]