Maximizing the Sponsorship Experience i.e. Make it a cappuccino,  not a to-go cup! Paul Hanscom, CAE March 23, 2006
Today’s Agenda Sponsors: Why have them? Who to target and how Brainstorming sponsor benefits Building your plan of attack Leveraging the value to sponsors Utilizing sponsors to promote your event Nurturing the relationship
What would you like to learn today?
What is Sponsorship? Sponsorship creates a meaningful partnership between a vendor and an association, diversifies association revenue sources and can allow additional funding to better serve your members.
Why should someone sponsor? Seen as supporter of industry Build awareness of brand, product or service Viewed as expert, resource Meet new clients Understand industry trends, buyers’ needs Be seen as good corporate citizen
Don’t be humble! Their alternatives: cold calling, trade shows, direct mail, advertising etc. Consumers place a lot of trust in nonprofit associations. You’re offering sponsor respectability through partnership. Be the $4.75 cappuccino, price to the experience, what market will bear
Who should you target? Who wants visibility in front of your audience? Who sponsors similar events? Local/regional/national? Logical tie-in with their business Who is seen as leaders in the field? Who’s going to influence other decision makers?
Who advertises in industry publications? Who are biggest suppliers to your members, esp. board members? Get board/committee help in fine-tuning your prospect list Create top ten list to cultivate Research!
Your Ammunition Mission of your organization Demographics of participants List of past participants List of board members Testimonials/awards/press  What’s unique about your event?
Starting the Dialogue How would your company like to be viewed? What is your biggest challenge? Describe the ideal project/prospect for you What do you look for in a sponsorship? Are you familiar with our organization? Put them on your mailing list!
Your Turn! Why should someone want to sponsor your event? Name three categories of businesses you should target. Name one web site you will look at for sponsor ideas Name one sponsor you’ll ask for suggestions.
Secrets to Success This is a partnership, NOT a one-time sale! Put yourself in their shoes, how are sponsors treated? Activation: MUST take advantage of benefits to see the value and repeat sponsorship. Give them a checklist! Personal attention
Building up  to the Ask The brochure is a reflection of the quality the sponsor can expect from your association. Emphasize sponsors are making a contribution to your association, your members and your mission. In person visits key to big asks. Start with basics, then fine-tune package to fit their goals. “ Sponsors to date include…”
Sponsor Recognition Signage at event Mention in printed materials Ribbon on nametag Hospitality/VIP tickets Newsletter:  List sponsors Individual spotlight Ad Insert in conference materials/bag Booth or tabletop Web site: - logo - hot link - ad  Attendee list: Printed Electronic
Sponsor Recognition Give away company logo item Profile company in onsite program Logo on conference bag One-time use of member list Elevator pitch Banner display Product/Service Finder on association Web site
Sponsor Recognition Exclusive e-newsletter sponsor (e.g. MSAE) Lanyards Banner ad on promotional email Creative but not NASCAR Are you recognizing your biggest sponsors at your biggest event of the year?
The Top Shelf Naming Rights Break Sponsors Internet Café Sponsor Sponsor of Event Series Sponsor Keynote (logo sticker on book) Private Reception with Power Brokers Verbal Recognition from Podium (Get it right!) Memory stick of presentations Other examples?
Packaging Basic stepped levels but allow wiggle room Tailor to fit particular needs of major prospects  Quantify value based on: - Size of material distribution what other organizations charge for similar packages costs to deliver what you’ve charged in the past test the waters with select group
Annual packages:  May include membership and sponsorship of all events, some advertising  partner rather than vendor one-time sale
The Multiplier Effect  i.e. adding the foam Opportunity to present an award Facilitate round table discussion Personal thanks from staff AND board members at the event Remind members to thank sponsors, keeps prices low Give them extra copies of materials
Plan of Attack Set budget goal and revisit often Send blast email Direct mail Sample email to committee for distribution Personal calls! Regular updates to committee/board Staff wrapup: how can we improve?
Feedback to/from Sponsors Prompt thank you after the event with stats Evaluations/testimonials from event Hits on web site Demographics of participants Ask them how it went: first step towards resigning them for next year
Personal introductions to board members, stakeholders Ability to host a meeting or event at their facility Utilize opportunities for vendor staff to work side by side with association staff as volunteers at major events.
Ongoing Communication with Sponsors Call them! Send communication in relation to their business, not just yours Personal notes Visit them in their office Check ins, not just when you need something Survey them Don’t assume you know what they want
Nurturing the Relationship Focus groups to brainstorm new ideas Keep your event fresh for reoccurring sponsors
Get Sponsors to Help Promote Event Give them extra brochures “What’s the best way to let your employees/clients/stakeholders know about your support for this event?” Ask for their client list Provide them sample promotional email Ask for link from their web site “We’re a proud sponsor of XYZ event”
Summary Be sponsor-worthy! View sponsorship as a partnership Always be looking for new prospects Quantify your ammunition Outline range of sponsor benefits, tailor Leverage the value to sponsors Utilize sponsors to promote your event Nurture the relationship all year. Be the cappuccino!
Questions or additional ideas? Please contact me Paul Hanscom, CAE Ewald Consulting [email_address] www.ewald.com 651.290.6274

Maximizing the Sponsorship Experience

  • 1.
    Maximizing the SponsorshipExperience i.e. Make it a cappuccino, not a to-go cup! Paul Hanscom, CAE March 23, 2006
  • 2.
    Today’s Agenda Sponsors:Why have them? Who to target and how Brainstorming sponsor benefits Building your plan of attack Leveraging the value to sponsors Utilizing sponsors to promote your event Nurturing the relationship
  • 3.
    What would youlike to learn today?
  • 4.
    What is Sponsorship?Sponsorship creates a meaningful partnership between a vendor and an association, diversifies association revenue sources and can allow additional funding to better serve your members.
  • 5.
    Why should someonesponsor? Seen as supporter of industry Build awareness of brand, product or service Viewed as expert, resource Meet new clients Understand industry trends, buyers’ needs Be seen as good corporate citizen
  • 6.
    Don’t be humble!Their alternatives: cold calling, trade shows, direct mail, advertising etc. Consumers place a lot of trust in nonprofit associations. You’re offering sponsor respectability through partnership. Be the $4.75 cappuccino, price to the experience, what market will bear
  • 7.
    Who should youtarget? Who wants visibility in front of your audience? Who sponsors similar events? Local/regional/national? Logical tie-in with their business Who is seen as leaders in the field? Who’s going to influence other decision makers?
  • 8.
    Who advertises inindustry publications? Who are biggest suppliers to your members, esp. board members? Get board/committee help in fine-tuning your prospect list Create top ten list to cultivate Research!
  • 9.
    Your Ammunition Missionof your organization Demographics of participants List of past participants List of board members Testimonials/awards/press What’s unique about your event?
  • 10.
    Starting the DialogueHow would your company like to be viewed? What is your biggest challenge? Describe the ideal project/prospect for you What do you look for in a sponsorship? Are you familiar with our organization? Put them on your mailing list!
  • 11.
    Your Turn! Whyshould someone want to sponsor your event? Name three categories of businesses you should target. Name one web site you will look at for sponsor ideas Name one sponsor you’ll ask for suggestions.
  • 12.
    Secrets to SuccessThis is a partnership, NOT a one-time sale! Put yourself in their shoes, how are sponsors treated? Activation: MUST take advantage of benefits to see the value and repeat sponsorship. Give them a checklist! Personal attention
  • 13.
    Building up to the Ask The brochure is a reflection of the quality the sponsor can expect from your association. Emphasize sponsors are making a contribution to your association, your members and your mission. In person visits key to big asks. Start with basics, then fine-tune package to fit their goals. “ Sponsors to date include…”
  • 14.
    Sponsor Recognition Signageat event Mention in printed materials Ribbon on nametag Hospitality/VIP tickets Newsletter: List sponsors Individual spotlight Ad Insert in conference materials/bag Booth or tabletop Web site: - logo - hot link - ad Attendee list: Printed Electronic
  • 15.
    Sponsor Recognition Giveaway company logo item Profile company in onsite program Logo on conference bag One-time use of member list Elevator pitch Banner display Product/Service Finder on association Web site
  • 16.
    Sponsor Recognition Exclusivee-newsletter sponsor (e.g. MSAE) Lanyards Banner ad on promotional email Creative but not NASCAR Are you recognizing your biggest sponsors at your biggest event of the year?
  • 17.
    The Top ShelfNaming Rights Break Sponsors Internet Café Sponsor Sponsor of Event Series Sponsor Keynote (logo sticker on book) Private Reception with Power Brokers Verbal Recognition from Podium (Get it right!) Memory stick of presentations Other examples?
  • 18.
    Packaging Basic steppedlevels but allow wiggle room Tailor to fit particular needs of major prospects Quantify value based on: - Size of material distribution what other organizations charge for similar packages costs to deliver what you’ve charged in the past test the waters with select group
  • 19.
    Annual packages: May include membership and sponsorship of all events, some advertising partner rather than vendor one-time sale
  • 20.
    The Multiplier Effect i.e. adding the foam Opportunity to present an award Facilitate round table discussion Personal thanks from staff AND board members at the event Remind members to thank sponsors, keeps prices low Give them extra copies of materials
  • 21.
    Plan of AttackSet budget goal and revisit often Send blast email Direct mail Sample email to committee for distribution Personal calls! Regular updates to committee/board Staff wrapup: how can we improve?
  • 22.
    Feedback to/from SponsorsPrompt thank you after the event with stats Evaluations/testimonials from event Hits on web site Demographics of participants Ask them how it went: first step towards resigning them for next year
  • 23.
    Personal introductions toboard members, stakeholders Ability to host a meeting or event at their facility Utilize opportunities for vendor staff to work side by side with association staff as volunteers at major events.
  • 24.
    Ongoing Communication withSponsors Call them! Send communication in relation to their business, not just yours Personal notes Visit them in their office Check ins, not just when you need something Survey them Don’t assume you know what they want
  • 25.
    Nurturing the RelationshipFocus groups to brainstorm new ideas Keep your event fresh for reoccurring sponsors
  • 26.
    Get Sponsors toHelp Promote Event Give them extra brochures “What’s the best way to let your employees/clients/stakeholders know about your support for this event?” Ask for their client list Provide them sample promotional email Ask for link from their web site “We’re a proud sponsor of XYZ event”
  • 27.
    Summary Be sponsor-worthy!View sponsorship as a partnership Always be looking for new prospects Quantify your ammunition Outline range of sponsor benefits, tailor Leverage the value to sponsors Utilize sponsors to promote your event Nurture the relationship all year. Be the cappuccino!
  • 28.
    Questions or additionalideas? Please contact me Paul Hanscom, CAE Ewald Consulting [email_address] www.ewald.com 651.290.6274