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Archive: Sponsorship Valuation

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In Kind Sponsorship: How to Upgrade to Cash Sponsorship

In Kind Sponsorship: How to Upgrade to Cash Sponsorship

by | Mar 18, 2019 | , ,

I have been getting a lot of questions about in-kind sponsorship lately. Not so much focused on getting in-kind, but how to get your in-kind sponsor to “upgrade” to cash. In my post “The Seven Deadly Sins of Sponsorship,” I speak out against in-kind sponsorship as one of the deadly sins. In a world where cash is king, I am not a big fan of in-kind sponsorship. There, I said it! I am also not a fan of the philosophy that you should use sponsorship to cover off your expenses and let ticket sales drive your revenue. The hard costs of your event or program have nothing to do with the market value of your assets. Getting “free” wine, AV, lunch, dinner, photo booths etc. is actually costing you thousands of dollars. Why? Because the value of the wine as a marketing opportunity is unrelated to its hard costs. Every logo placement, call out from the stage, and opportunity to connect your sponsors to their audience has value. Apply your valuation calculator to your wine (and all in-kind sponsorships) and sell it to companies who care about your demographic. Bonus tip: I never sell wine sponsorship to wine producers. Instead, […]

3 Most Common Barriers to Good Cause Sponsorship

3 Most Common Barriers to Good Cause Sponsorship

by | Nov 20, 2016 | , , , , , ,

Before you dive in, if you are involved with a charity or a non profit looking for sponsorship, check out these titles in our “sponsorship for causes” series: Cause Marketing versus Corporate Sponsorship Sponsorship Cause Marketing Common Mistakes Definitive Guide to the Sponsorship Proposal The Biggest Problem with Sponsorship and How You Can Fix It Three Things Missing From Every Sponsorship Package Corporate Social Responsibility a Users Guide for Nonprofits How to Start a Sponsorship Program for Your Nonprofit Things Sponsors Say: “We Don’t do Sponsorship” What I Wish I Knew at the Beginning of My Sponsorship Career Cause sponsorship is what we call it when charities, not-for-profits and associations engage in sponsorship (hospitals and education are covered under cause sponsorship, too). We work with tons of causes on their sponsorship programs and have noticed some themes come up repeatedly. Let’s talk about the three most common (perceived) barriers to good cause sponsorship:

7 Sponsorship Valuation Questions, Concerns and Common Mistakes Part Two

7 Sponsorship Valuation Questions, Concerns and Common Mistakes Part Two

by | Oct 13, 2016 | , ,

Before you dive in, if you are looking to determine the value of your sponsors , check out these titles in our “sponsorship valuation” series: Sponsorship ROI Metrics: Approaches to Measurement and Evaluation Tangible vs. Intangible Sponsorship Benefits Defined Seven Sponsorship Valuation Questions: Part One Sponsorship Valuation Best Practices Essential Guide to Sponsorship Valuation If you’ve only skimmed through the information in this guide (which, you really should take the time to read everything), then spend some time with this section at least. It’s a recap of all the steps needed to complete your sponsorship valuation. I recently ran a session all about sponsorship valuations. I decided to write a post covering the answers to a few insightful questions that came up during the session, but there was so much to say I had to break this up into two different posts. In part one, we covered four important questions about sponsorship valuation – make sure to check it out if you haven’t yet. We’re not done yet! Here are three additional questions about sponsorship valuation that came up at the session that I think will be helpful to a broader audience. Let’s dive in! Q5: What do we do if […]

7 Sponsorship Valuation Questions, Concerns and Common Mistakes Part One

7 Sponsorship Valuation Questions, Concerns and Common Mistakes Part One

by | Sep 26, 2016 | , ,

Before you dive in, if you are looking to determine the value of your sponsors , check out these titles in our “sponsorship valuation” series: Sponsorship ROI Metrics: Approaches to Measurement and Evaluation Tangible vs. Intangible Sponsorship Benefits Defined Seven Sponsorship Valuation Questions: Part Two Sponsorship Valuation Best Practices Essential Guide to Sponsorship Valuation If you’ve only skimmed through the information in this guide (which, you really should take the time to read everything), then spend some time with this section at least. It’s a recap of all the steps needed to complete your sponsorship valuation. I recently ran a session all about sponsorship valuations. In that session we had people from all over the world and sponsorship seekers of every size and property (from galas to sports to naming right…and everything else). Out of this session came some questions about valuing sponsorship packages that I think will be helpful to a broader audience.

Case Study: Sponsorship Valuation Best Practices

Case Study: Sponsorship Valuation Best Practices

by | May 19, 2016 | ,

Before you dive in, if you are looking to determine the value of your sponsors , check out these titles in our “sponsorship valuation” series: Sponsorship ROI Metrics: Approaches to Measurement and Evaluation Tangible vs. Intangible Sponsorship Benefits Defined Seven Sponsorship Valuation Questions: Part One Seven Sponsorship Valuation Questions: Part Two Essential Guide to Sponsorship Valuation If you’ve only skimmed through the information in this guide (which, you really should take the time to read everything), then spend some time with this section at least. It’s a recap of all the steps needed to complete your sponsorship valuation. In today’s guide, I want to explain the ins and outs of sponsorship valuation. Then I want to share some real case studies that should put into perspective the importance of valuations in your sponsorship program. Finally, I’ll provide some pointers for gathering and valuing assets so you can navigate this difficult area of sponsorship!