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15 Myths and Mistakes
of Selling Sponsorships
ABOUT WEBLINK
• Leading SaaS AMS Company
• Over 720 Association Customers; 5,500
Users; Supporting 650K Members
• Established in 1996
• Based in Indianapolis, Indiana
• 60 Employees
• 94% Customer Retention Rate
• 96% Average Daily Satisfaction Rating
WebLink Customers
WebLink Customers
WebLink Connect™
 Association Management
Software Solution
 One web-based centralized
database
 Prospects, members, non-
members and all reps in same
system
 Financials, events, email,
committees, website, reporting
15 Myths and Mistakes
of Selling Sponsorships
Dustin Gilbert
SENIOR BUSINESS DEVELOPMENT
REPRESENTATIVE
SPONSORSHIPS.
AUDIENCE POLL
What is the biggest challenge
you face when selling
sponsorships?
Myth #1
Sponsorships Just Benefit Your
Association
WHAT
is a sponsorship?
WHAT
is a sponsorship to the customer?
WHAT
is a sponsorship to you?
Myth #2
That’s A Wrap!
Your Event is Over & It’s Time
To Relax…
FACT: The majority of
your sponsorship
selling and dollars
should come from
renewals from the
prior year.
Myth #3
If It Worked Last Year, It Will
Work Again Next Year
THE TRADITIONAL APPROACH
Meet Joe
 Joe is the owner of Joe’s Plumbing
and Water Damage Repair
 Sponsorship Package Options:
1. Gold, Silver or Bronze
Sponsorship OR
2. “DRAIN IT” Sponsorship
Get Creative With Your Sponsorship Real Estate
Myth #4
Category Exclusivity Does Not
Add Value To Your
Sponsorship Packages
Category Exclusivity
Giving the right to one organization
within any given industry, product or
service category exclusive sponsorship
rights
Myth #5
The More Sponsors, The Better
How Many Sponsors Is Ideal?
 It’s simple – there is no right answer.
 The number of sponsors that you have is
dependent upon the:
– Event
– Anticipated attendance
– Type and quality of attendees
– Promotional and marketing efforts utilized
Logo Soup
Myth #6
Cash Is King
In-Kind Donations
 Noncash contributions and/or contributed services
 Example: A supermarket or local grocer donates a food for your
event
 Remember to steer clear of “logo soup”
Myth #7
Accounting For In-Kind
Donations Is The Same As
Accounting For Cash
Nonprofit Accounting Basics
 There are specific to account for in-kind
donations
 Be smart and know the accounting guidelines
that you need to follow to properly account for
these donations on your financial statements
Myth #8
The Deeper The Pocket, The
Better The Sponsor
Who Should You Be Selling To?
Qualifying Potential Sponsors
 Research and qualify potential sponsors
 Ask: Is this sponsorship the right fit?
 Understand potential sponsors’ marketing
objectives and leverage them with your
organization’s marketing
Myth #9
Fundraising & Sponsorships
Are One In The Same
AUDIENCE POLL
Do you currently bundle
multiple event sponsorships
into one sponsorship package?
Myth #10
Discounting Sponsorships
Should Be Avoided To
Maximize Revenue
Bundle, Bundle, Bundle!
 Give sponsors the
option to bundle
their sponsorship
and marketing
dollars over
multiple events
Myth #11
Spell Check Catches All Errors
The Proposal
 Tailor sponsorship proposals based on the
sponsorship package
 Be specific and ensure that all sponsorship
details are explicitly outlined
 Always have someone proofread the final
proposal before submission
Myth #12
You Set the Value Of Your
Sponsorships
Pricing Your Sponsorships
 Be realistic - your sponsorship is only as valuable as
potential sponsor’s perceive it to be
 Communicate value
 Don’t over promise and under deliver
 Always remember sponsorship sales are all about yearly
renewals
Myth #13
Your Event Attendees Want To
Interact With Your Sponsors
ENGAGEMENT.
Myth #14
New Customer Acquisition Is
the Only Metric Your Sponsor
Cares About
Sugar Coat Statistics
 Make your sponsors feel GREAT
about their sponsorship
– Share stats to pump up the value of
your sponsorship (ex. social media
metrics)
– Understand your sponsors’ goals
– Remember, savvy sponsorship
buyers care about SALES
AUDIENCE POLL
Do you provide your top tier
sponsors with performance
metrics after your event?
Myth #15
You Thought Your Event Was
A Huge Success, So Your
Sponsors Feel The Same
The
Fulfillment
Report
Thank you!
WebLink International, Inc.
1-877-231-4970
www.weblinkinternational.com
marketing@weblinkinternational.com

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Editor's Notes

  1. You know that your organization has true value and strength, and they need to know that. When you promote a vibrant advertising strategy to your members, you are enabling them to get verifiable return of investment, in the form of traffic to their website and referrals for their businesses. What’s more? You are generating non-dues revenue for your organization - everybody benefits!