sponsorship deals and increasing reach

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EM SUMMIT 2012 MICROSESSION SPONSORSHIP DEALS INCREASING REACH

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Matt Pensinger, SVP, Managing Director Jack Morton Worldwide spoke at this years Event Marketer Summit about sponsorship and increasing reach for campaigns.

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Page 1: Sponsorship Deals and Increasing Reach

EM SUMMIT 2012MICROSESSION

SPONSORSHIP DEALS

INCREASING REACH

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THE NEXT SPONSORSHIP RENEWAL

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MATT PENSINGER

SVP, MANAGING DIRECTOR

Global Brand Experience Agency

- Worked on property, brand & agency side

- First EM Summit was in 2005

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6 THOUGHTS IN 20 MINUTES

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6 THOUGHTS:

#1: SPONSORSHIP GUT CHECK#2: ACTIVATION RATIO#3: FIT / IMPACT MODEL#4: TERM SHEET REVIEW#5: STANDARD TRAP REVIEW#6: DIRECT SALES

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#1: WHY?

Addresses a business problem?

YES? Advance to nextstep

NO? Then, ???

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VS.

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OLD THINK AWARENESS

NEW THINK ADVOCACY

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#2: ACTIVATION RATIO

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• Analyze total budget spend to activate partnership – and forecast reality for renewal phase

• Consider which elements are driving tangible results– Can they be amplified?

• Sponsor fee : activation spend should be greater than 1:1

#2: ACTIVATION RATIOWHAT YOU DO DRIVES THE VALUE

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#3: FIT / IMPACT

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• Fit dimensions– Fits our strategy – strategically sound

(addresses business problem)– Fits our brand– Fits our target customers– Fits our markets– Fits seasonality of our business– Allows us to demonstrate our value

proposition

#3: FIT / IMPACTBRAND ALIGNMENT IS KEY FACTOR

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• Impact dimensions– Reach

• Attendance / qualified audience• Ratings• Digital footprint

– Results• Direct sales• Changes in brand drivers• Experience participation• Leads generated

– Benefit > cost

#3: FIT / IMPACTBUSINESS DRIVERS FOR RESULTS

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FIT

IMPACT

Benefit:Cost ratio = 1:1

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#4: TERM SHEET REVIEW

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• Rank the importance of each asset for your business today

• Rank how well each asset was delivered by the property

• Then, rank how valuable you think the property sees each of the assets

• Look for the disconnects and bring that into your negotiation

#4: TERM SHEET REVIEWASSESS PERFORMANCE OF CONTRACT

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#5: STANDARD TRAP REVIEW

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• Category Exclusivity• Playoff clauses• Annual fee escalators (not tied to

performance)• Tickets• Appearance fees/expenses• Speaker/Demo slots• Logo inclusion• Standard package throw-ins

#5: STANDARD TRAP REVIEWDON’T PAY FOR WHAT YOU CAN’T LEVERAGE

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#6: DIRECT SALES

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• Can your product/service be utilized by property for its own business?

• Preferred sales offers to property stakeholders– Employees– Talent/players– Vendors/suppliers– Leagues/Associations– Other sponsors

• Targeted offers to end customers– Conference attendees– Season ticketholders

#6: DIRECT SALESLEAVE NO BUSINESS ON THE TABLE

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PUTTING IT ALL TOGETHER

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THINK ADVOCACY

TRAP REVIEW

ACTIVATIONTO FEE RATIO

FIT / IMPACT ANALYSIS

TERM SHEET REVIEW

DIRECT SALES

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QUESTIONS?

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EXPANDING THE REACH OF EVENTS

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5 IDEAS IN 20 MINUTES

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5 IDEAS:

#1: PLAN THOSE CHANNELS#2: THINK DEMOCRATICALLY#3: THINK DIFFERENT#4: BE USEFUL#5: MOBILE, MOBILE, MOBILE

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• Whether live or digital, connecting with the right people is fundamental to reaching more people

• Too many B2B meetings at the wrong time in the customer cycle

• Too many consumer activations in the wrong places

• Too many digital misses – only 0.55% of YouTube videos have >1 million views; 50% have fewer than 500

• Inexcusable!

#1: PLAN THOSE CHANNELSREACH THE RIGHT PEOPLE FIRST

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Channel Entice (Pre) Engage (During) Extend (Post)

Direct channels (email, CRM & ATL

comms)

#1: PLAN THOSE CHANNELS

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#2: THINK DEMOCRATICALLY

• To extend the appeal of events, think of them more broadly

• Create experiences that mix up B2B and B2C audiences

• Take a “B2E—brand to everyone” approach

• Empower different kinds of brand advocates to inspire each other

BRING DIFFERENT AUDIENCES TOGETHER

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SAMSUNG SIDEKICK 4G LAUNCHUNITING CHANNEL + CONSUMERS

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#3: THINK DIFFERENT

• Too much same old same old in our industry

• Extend the reach of events by aiming to create unique new experiences

• Create and repurpose experience content as owned media that people will want to share

• Leverage content for goodwill and sustained interest in your event program

UNIQUE CONTENT IS THE NEW BLACK

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IT’S HARD TO BREAK THROUGH—IT REQUIRES NEW THINKING

75% “WITH ALL THE MEDIA AND INFORMATION AVAILABLE TO ME, IF A BRAND WANTS TO GET MY ATTENTION IT HAS TO DO SOMETHING SPECIAL.”SOURCE: JACK MORTON RESEARCH, 2011

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#4: BE USEFUL

• Give people something they actually want and/or need

• Activate a message (not just an event) – and make sure it is shareable

• Enable the experience to spread

VALUABLE, UNEXPECTED CONNECTIONS

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GIVE PEOPLE SOMETHING TO TALK ABOUT

76% “I ONLY ADVOCATE BRANDS IF I’VE HAD GREAT PERSONAL EXPERIENCES WITH THEM.”

SOURCE: JACK MORTON RESEARCH, 2011

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CHEVROLET SXSW 2012 “CHEVY WAS THE LOVE WINNER IN AUSTIN”

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#5: MOBILE, MOBILE, MOBILE

• The new normal for all marketers is mobile

• Mobile internet usage will overtake desktop by 2014

• 91% of mobile internet is social vs. 79% on desktops

• Mobile is the critical way to extend events today – and a immediate way to trigger transactions

DIGITAL+LIVE IS SO 2011

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TMALLENGAGING PARTNERS, PRESS, INFLUENCERS

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PUTTING IT ALL TOGETHER

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PLAN THOSE CHANNELS

MOBILEMOBILEMOBILE

THINK DEMOCRAT

THINK DIFFERENT

BE USEFUL

EXPAND YOUR REACH

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Matt [email protected]@pensinger