Developing Effective Sponsorship Programs
Written by PR Etc., Inc.
Published by Rockford
Register Star
Monday, February 12, 2007
There are two key parties when it comes to sponsorships:
the non-profit organization seeking to sell them
and the for-profit businesses considering which
one(s) in which to place their funds. The better
the non-profit understands the needs of the business
it is selling to, the more likely will be the
opportunities for a successful and effective
sponsorship sale.
In this community alone, but also across the
nation, the number of organizations looking for
sponsorships has grown tremendously. This makes
how your non-profit seeks out sponsorships critical;
after all, if you are targeting a business for
a donation, it’s most definite that they
have already been hit on for those dollars at
least 10 times. How can you make your offering
and opportunity different than the others?
- Think of the for-profit
business needs, not your organization’s dollar needs. Who is their audience and how can your sponsorship
help reach them?
- Determine value-added
benefits for sponsorships. Offering
to place your sponsor’s
banner at an event is just not enough. Do you
have a database you’d allow them to
utilize, through a third-party mail house (so
that confidentiality is not broken), or can
you place company materials at the event or
at place-settings at a luncheon or dinner?
- Think of unique opportunities. If
you are developing radio or television public
service announcements or purchasing ads in
a newspaper, instead of just a logo, could
you have your sponsor’s
CEO be the spokesperson?
Think like the business you are seeking dollars
from and determine their potential needs – not
yours – prior to pitching them a sponsorship.
You can be much more effective for both your
time and the interest by the business.
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