Archive: Month: February 2020

  We all know what makes a rights holder ready for sponsorship in their own eyes- they need money! But we all know that the needs of the property are largely irrelevant in the eyes of sponsors. So what makes a property “sponsorship ready” in the eyes of a sponsor? These five things: Fully Developed Inventory of Sponsorship Assets There is nothing more disappointing to a sponsor than receiving a sponsorship package with only two or three types of assets. The inventory itself could have hundreds of assets…but they all fall into a few categories- namely “push marketing assets.” In other words, logo on this, logo on that, e-blasts and signage in hundreds of formats. Sponsorship is all about bringing together the needs of your audience and your sponsor to create something that your sponsors can’t find anywhere else. Build out an inventory that encompasses all types of sponsorship assets and work with your sponsors to determine their goals, using your assets to accomplish those goals. Knowing Your Sponsorship Value Guessing at the value of your assets is a bad idea. Selling sponsorship simply to cover costs (like in kind sponsorship) is a bad idea. Your sponsorship assets have a […]