maximize your corporate sponsorship support (session 1) - september 13, 2016
TRANSCRIPT
Maximize Your Corporate
Sponsorship Session 1
Presented by: Lewis Flax
Flax Associates Tuesday, September 13th, 2016
9:00 AM – 11:30 AM
Today’s Discussion
• Current status
• Better results
• Events - sponsorship revenue
• Organizational partnerships
• Next steps
Your Host
Lewis Flax
– Develop strategy / plans to generate revenue
– Business development outreach guidance
– Conduct training sessions / board retreats
– Review of documents and proposals
Email: [email protected]
Phone: 202 266-2655 (w) 301 922-9309 (c)
Web: www.flaxassociates.com
EVENTS
Strategy: Events
• Corporate development strategy
• Event(s) – Goals/objectives
• Barriers to success / Overcoming the barriers
Limit Offerings
• Align with prior year / event
• Supply vs. demand
Restrict Benefits
• Restrict benefits of greatest value
• Include offerings beyond the event
• Force ‘buy-up’ as opposed to
lower level of support
Involvement
• Others involved
• Promote others engaged
• Spur interest
Mentality
• Frequent questions
• Leverage for our benefit
• Beyond financial support
Third Party Credibility
• Reference point
• Connection
‘Pre-Sell’ Sponsorships
• Conduct advance outreach
• Gain early commitments
• Notify and promote to others
Seek Input
• Draft format
• Edits, comments, and track changes
• Seek feedback, value input, and gain buy-in
Perfection?
• Final product
• No customization
• Time consuming
A Sense of Urgency
• Deadlines
• Others interested
• Limited availability
• Other options
Straightforward and Simple
• List the top two or three benefits
• Easy to read and understand
• Simple!
PARTNERSHIPS
Memorable?
Fundraising Efforts: Approach
• Repeated requests – sponsorships/solicitations
• Difficult and time consuming
• Impact
Corporate Perspective: Outreach
• Numerous solicitations for dollars
• Corporate objectives?
• Likely response
A Change in Approach
• Engagement first; dollars second
• Platforms and campaigns – not our events
• Establish a relationship
Obtain Input
• Don’t go it alone
• Solicit feedback
• Outreach to key individuals
Obtain Sponsor Feedback
• Specific benefits
• Other ways to engage
• Successful partnerships
• Activation ideas
Next Steps
• Interest in improving results
• Time/resources
• Strategies and tactics
• Actions
Thank You to our Sponsor and Partners!
Sponsored By