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Soliciting Corporate Sponsors: Steps to Successful Partnerships
 

Soliciting Corporate Sponsors: Steps to Successful Partnerships

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    Soliciting Corporate Sponsors: Steps to Successful Partnerships Soliciting Corporate Sponsors: Steps to Successful Partnerships Presentation Transcript

    • Soliciting Corporate Sponsors:Steps to Successful Partnerships Presented by: Layne Gray, Founder of Vivanista
    • How this webinar works• A link to the slides and a recording will be sent after the webinar• If you‟d like to ask a question during the webinar, you can type it in the box on the right side of your screen• Use the hashtag #fgwebinar to tweet about this webinar
    • Who is FirstGiving
    • Fundraising solutions Peer-to-Peer Donor Fundraising Pages Analytics andOnline Donations and Event Market Registrations Research Personal Support for your nonprofit, donors, and fundraisers Easy, tested, and secure transaction processes for the donor
    • About Speaker: Layne Gray • Founder of Vivanista • Conducts fundraising training for nonprofits & volunteer groups • Consults w/organizations on strategic fundraising campaigns • Has raised millions for nonprofits as a volunteer • Corporate background; has trained companies all over the world© 2011 Vivanista Inc.
    • About • Community for volunteer fundraisers, nonprofits & changemakers© 2011 Vivanista Inc.
    • About • Community for volunteer fundraisers, nonprofits & changemakers • Resource library of tips, tricks and fundraising techniques© 2011 Vivanista Inc.
    • About • Community for volunteer fundraisers, nonprofits & changemakers • Resource library of tips, tricks and fundraising techniques • Pro Level: downloadable templates, guides and cheat sheets & weekly mentoring sessions© 2011 Vivanista Inc.
    • About • Community for volunteer fundraisers, nonprofits & changemakers • Resource library of tips, tricks and fundraising techniques • Pro Level: downloadable templates, guides and cheat sheets & weekly mentoring sessions • Interactive master classes and training workshops© 2011 Vivanista Inc.
    • About • Community for volunteer fundraisers, nonprofits & changemakers • Resource library of tips, tricks and fundraising techniques • Pro Level: downloadable templates, guides and cheat sheets & weekly mentoring sessions • Interactive master classes and training workshops • Pre-packaged fundraisers for both large and small organizations© 2011 Vivanista Inc.
    • About • Community for volunteer fundraisers, nonprofits & changemakers • Resource library of tips, tricks and fundraising techniques • Pro Level: downloadable templates, guides and cheat sheets & weekly mentoring sessions • Interactive master classes and training workshops • Pre-packaged fundraisers for both large and small organizations • First ever Fundraising Summit November© 2011 Vivanista Inc. 11-12 for volunteers & Nonprofits
    • What You’ll Learn.© 2011 Vivanista Inc.
    • “I have a day job and don’t have time to read each“We never want to say no to our valued clients.” letter fully. I look who sent it and if I do not know them, or they’re not a client, I skim the fir- Giles Marsden, leading Group Director for Tiffany & Co. their Foundation grant committee Executive from former financial institution who sits on What You’ll Learn • Why corporations give
    • What You’ll Learn• Why corporations give• Steps in the solicitation process
    • What You’ll Learn• Why corporations give• Steps in the solicitation process• How to set realistic quantifiable goals
    • What You’ll Learn• Why corporations give• Steps in the solicitation process• How to set realistic quantifiable goals• How to create and make a pitch
    • What You’ll Learn• Why corporations give• Steps in the solicitation process• How to set realistic quantifiable goals• How to create and make a pitch• How to overcome objections
    • What You’ll Learn• Why corporations give• Steps in the solicitation process• How to set realistic quantifiable goals• How to create and make a pitch• How to overcome objections• How to find prospective corporate sponsors
    • Set Goals.© 2011 Vivanista Inc.
    • Fundraising GoalsIndividual Nonprofit Organization
    • Fundraising GoalsIndividual Nonprofit Organization• Raise Money • Raise Money
    • Fundraising GoalsIndividual Nonprofit Organization• Raise Money • Raise Money • Build a community
    • Fundraising GoalsIndividual Nonprofit Organization• Raise Money • Raise Money • Build a community • Attract and maintain a volunteer base
    • Fundraising GoalsIndividual Nonprofit Organization• Raise Money • Raise Money • Build a community • Attract and maintain a volunteer base • Establish a sustainable relationship
    • Fundraising GoalsIndividual Nonprofit Organization• Raise Money • Raise Money • Build a community • Attract and maintain a volunteer base • Establish a sustainable relationship • Market the organization through new channels
    • Generate Revenue $$$© 2011 Vivanista Inc.
    • Sponsorship Channels Event s Cause Web site Marketin Sponsor g Corporate Sponsors Crowd Matching sourcing Program
    • Think Like A Sponsor.© 2011 Vivanista Inc.
    • Why Do Corporations Sponsor? Give Back To New Customer The Community Cultivation Corporate Giving Employee Client Engagement Entertainment
    • How It Works.© 2011 Vivanista Inc.
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits- 1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past 10. „Ask for the order‟ sponsors 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list of 9. Make benefits-1. Train the Committee sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone to 12. Thank sponsors inaudience demographics set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by 12. Thank sponsors inaudience demographics phone to set up in- person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what you overview letters to new prospective sponsors promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. ‘Ask for the order’ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-1. Train the Committee of sponsors oriented presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what overview letters to new prospective sponsors you promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • 12 Steps To Solicitation 5. Research target list 9. Make benefits-oriented1. Train the Committee of sponsors presentation 6. Send personalized 2. Set financial goals letters to past sponsors 10. „Ask for the order‟ 3. Develop program 7. Send personalized 11. Over-deliver what you overview letters to new prospective sponsors promised 4. Analyze & report 8. Follow-up by phone 12. Thank sponsors inaudience demographics to set up in-person meetings every way possible
    • Set Financial Goal$© 2011 Vivanista Inc.
    • Setting Financial Goal$• Sponsorship program levels – Exclusivity at highest level
    • Setting Financial Goal$• Sponsorship program levels – Exclusivity at highest level• Any previous sponsorship revenue
    • Setting Financial Goal$• Sponsorship program levels – Exclusivity at highest level• Any previous sponsorship revenue• Sponsorships of similar events or campaigns
    • Setting Financial Goal$• Sponsorship program levels – Exclusivity at highest level• Any previous sponsorship revenue• Sponsorships of similar events or campaigns• Economic factors impacting the corporation
    • How to Find: Past Sponsors Committee Members Other Charitable Events Local advertisersProspective Chamber of Commerce / BBB Corporate Sponsors Internet: LinkedIn / Facebook
    • Create A Pitch.© 2011 Vivanista Inc.
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships“I look who sent the solicitation letter and if I donot know them or they’re not a client, I skimthe first paragraph to see if someone I do knowrecommended they contact me, or if there’ssomeone mentioned who is important to the firm.” - Executive from leading financial institution
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships• Customer request
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships• Customer request“We never want to say no to our valued clients.” - Giles Marsden, former Director, Tiffany & Co.
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships• Customer request• Employee involvement
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships• Customer request• Employee involvement• Target Audience demographics
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships• Customer request• Employee involvement• Target Audience demographics“Luxury brands, like Chanel, are more willing tosponsor an event where there’s a consistency in theaudience being served.”- Erika Kasel, Vice President of Marketing, Chanel USA
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships• Customer request• Employee involvement• Target Audience demographics• Commitment to cause
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships• Customer request• Employee involvement• Target Audience demographics• Commitment to cause• Opportunity to entertain clients
    • Creating the PitchThere are many reasons a corporation is willing to sponsor:• Personal relationships• Customer request• Employee involvement• Target Audience demographics• Commitment to cause• Opportunity to entertain clients• Extension of current company marketing
    • Creating the PitchThere are many reasons a corporation is willingto sponsor• Personal relationships• Customer request• Employee involvement• Target Audience demographics• Commitment to cause• Opportunity to entertain clients• Extension of current company marketing• Social media promotion
    • Making the Pitch• Hand-outs: – Presentation – Sponsorship Benefits – Audience demographics – Sponsorship Sign-up form
    • Making the Pitch• Hand-outs: – Presentation – Sponsorship Benefits – Audience demographics – Sponsorship Sign-up form• Flow – Introductions – Thank them for any past sponsorship – Ask them questions to lead them to a Yes – Ask for the Order
    • Overcoming Objections• Budget• Charter• Planning cycle• Interest level• Not decision maker• Previous commitments
    • Overcoming ObjectionsOBJECTIONS/YOUR QUESTIONS:• Budget:• Charter:• Planning cycle:• Interest level:• Not decision maker:• Previous commitments:
    • Overcoming ObjectionsOBJECTIONS/YOUR QUESTIONS:• Budget: What sponsorship could fit into this year?• Charter:• Planning cycle:• Interest level:• Not decision maker:• Previous commitments:
    • Overcoming ObjectionsOBJECTIONS/YOUR QUESTIONS:• Budget: What sponsorship could fit into this year?• Charter: If we could find a correlation, would it work for you?• Planning cycle:• Interest level:• Not decision maker:• Previous commitments:
    • Overcoming ObjectionsOBJECTIONS/YOUR QUESTIONS:• Budget: What sponsorship could fit into this year?• Charter: If we could find a correlation, would it work for you?• Planning cycle: If we extended the payment timeframe, would that be feasible?• Interest level:• Not decision maker:• Previous commitments:
    • Overcoming ObjectionsOBJECTIONS/YOUR QUESTIONS:• Budget: What sponsorship could fit into this year?• Charter: If we could find a correlation, would it work for you?• Planning cycle: If we extended the payment timeframe, would that be feasible?• Interest level: What are the key areas that get you interested in a particular charitable event or campaign?• Not decision maker:• Previous commitments:
    • Overcoming ObjectionsOBJECTIONS/YOUR QUESTIONS:• Budget: What sponsorship could fit into this year?• Charter: If we could find a correlation, would it work for you?• Planning cycle: If we extended the payment timeframe, would that be feasible?• Interest level: What are the key areas that get you interested in a particular charitable event or campaign?• Not decision maker: Who else within the organization should we meet with?• Previous commitments:
    • Overcoming ObjectionsOBJECTIONS/YOUR QUESTIONS:• Budget: What sponsorship could fit into this year?• Charter: If we could find a correlation, would it work for you?• Planning cycle: If we extended the payment timeframe, would that be feasible?• Interest level: What are the key areas that get you interested in a particular charitable event or campaign?• Not decision maker: Who else within the organization should we meet with?• Previous commitments: If we could help you reach a new audience, could you make room for this fundraiser?
    • Solicitation Tips1. You must follow-up, assume they will not
    • Solicitation Tips1. You must follow-up, assume they will not2. It’s a numbers game
    • Solicitation Tips1. You must follow-up, assume they will not2. It‟s a numbers game3. A lack of response is not a NO
    • Solicitation Tips1. You must follow-up, assume they will not2. It‟s a numbers game3. A lack of response is not a NO4. A NO is not a rejection
    • Solicitation Tips1. You must follow-up, assume they will not2. It‟s a numbers game3. A lack of response is not a NO4. A NO is not a rejection5. Executives’ assistants are your ally
    • Solicitation Tips1. You must follow-up, assume they will not2. It‟s a numbers game3. A lack of response is not a NO4. A NO is not a rejection5. Executives‟ assistants are your ally6. Choose committee members carefully
    • Solicitation Tips1. You must follow-up, assume they will not2. It‟s a numbers game3. A lack of response is not a NO4. A NO is not a rejection5. Executives‟ assistants are your ally6. Choose committee members carefully7. Don’t promise anything you cannot deliver
    • Corporate Sponsorship Solicitation In Summary.© 2011 Vivanista Inc.
    • Summary• Craft a professional presentation
    • Summary• Craft a professional presentation• Do your homework
    • Summary• Craft a professional presentation• Do your homework• Pluck the low-hanging fruit first
    • Summary• Craft a professional presentation• Do your homework• Pluck the low-hanging fruit first• Cultivate sponsors that believe in your cause or your audience fits their marketing profile
    • Summary• Craft a professional presentation• Do your homework• Pluck the low-hanging fruit first• Cultivate sponsors that believe in your cause or your audience fits their marketing profile• Don‟t give up
    • Summary• Craft a professional presentation• Do your homework• Pluck the low-hanging fruit first• Cultivate sponsors that believe in your cause or your audience fits their marketing profile• Don‟t give up• Think outside the box
    • Summary• Craft a professional presentation• Do your homework• Pluck the low-hanging fruit first• Cultivate sponsors that believe in your cause or your audience fits their marketing profile• Don‟t give up• Think outside the box• Remember that they will be proud of how they helped the cause!
    • Resources• Vivanista Resource Library – Copy of the presentation – Guide to Corporate Sponsor Solicitation• Videos: - Fundraising Events: http://youtu.be/fRZk2vIm8r0 - Fundraising Fundamentals: http://youtu.be/owKj_rzVTsc - Social Media for Fundraising: http://youtu.be/NHxB40oq-iw
    • Questions?© 2011 Vivanista Inc.
    • Thank you! FirstGiving Webinar Attendees: 50% discount (must be purchased by October 25th 12:00am) Go to: http://vivanista-summit.eventbrite.com/ Use code: Webinar-VIP Questions: layne@vivanista.com© 2011 Vivanista Inc.
    • Connect with us in our social spaces Facebook: facebook.com/firstgiving Twitter: twitter.com/firstgiving FirstGiving Insights blog: http://insights.firstgiving.com Online Fundraising blog: http://blog.firstgiving.com FirstGiving for Runners blog: http://runners.firstgiving.com