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What Every Event
Organizer Needs to
Know
Sponsorship Secrets:
Knowledge is Power!
Our Goal is to Share Best Practices.
A Smarter Event Is a More Relevant
Event.
Meet Your Speakers
Megan
Buell
Marketing Manager
Eventbrite
andrew@sponsorhub.com
Andrew
Reid
CTO,Co-Founder
SponsorHub
meganb@eventbrite.com
Seth
Berman
VP of Strategic
Marketing
Richemont
Seth@richmontla.com
@BizBashLive
@Eventbrite
@SponsorHub
#SmarterEvents
Biggest Mistakes Event Organizers Make
Q & A
Why Sponsorship is Hot
5
Agenda
What Sponsors are Looking For Now
The Good News
“Sponsorship has a growth rate
that surpasses all other forms of
media, except for Internet and
mobile.”- Veronis Suhler 2011 Industry Forecast
The Bad News
“Sponsor prospects have more partnership
options than ever before and are choosing
more wisely.” - IEG 2011, Growing Up: The Evolution of Association
Sponsorships
Sports – 68%
Entertainment – 10%
Festivals – 5%
Causes – 9%
Arts – 5%
Associations – 3%
Sponsorships are Growing
Face-to-Face Is No Longer a ‘Nice-to-Have’ but a Must Have!
It Really Works
Promotes
Trust
Forces
Deadlines
Immediate
Action
It’s proven that face-to-face interactions release
chemicals in the brain called isotocin, which create a
sense of trust that establishes loyalty.
The fact that a brand decides to sponsor an event
creates the energy that mobilizes an organization to
act (it’s hard to be lazy with a deadline).
Actually talking to your customer will encourage an
action or an emotional response that can be
measured.
Problem:)Consumers)are)Tuning)Out
5
For Marketers:
It’s Difficult to Cut
Through the Clutter…
Customers Tune Out.
To Get New Leads, Sponsors Use Many of the Tactics Below
Why Companies Sponsor?
Product
Placement
Naming
Rights and
Locations
General
Product
Awareness
Hospitality
Opportunities
Social
Media
Buzz
Speaking
Product
Sampling
PR and
Word of
Mouth
Two Main Types of Sponsorships
Overlap
Social(Media(Buzz
Product(Placement
Sampling
Media(Value
B2B
Speaking Opportunities
Hospitality
B2C
Branding/PR
Naming Rights
Awareness
What Sponsors are Looking For Now
Biggest Mistakes Event Organizers Make
Q & A
Why Sponsorship is Hot
Agenda
• #1 sponsorship aggregator globally
• 20% of the world’s sponsors use SponsorHub
• Over 75,000 sponsorship opportunities
aggregated, scored
• Created industry’s first scoring algorithm
• First sponsorship platform
• Robust RFP tools
1. Compelling Content
Proctor & Gamble created a mom-focused
campaign with an activation in the form of a
65,000 sq. ft. “home away from home” for the
mothers of competing athletes.
2. Broad Distribution
Amplified exponentially with a “long-tail” by
strategic partnering. Spotify leveraged a local
bus tour to hear local talent, released
exclusively on Yahoo.
3. Fast, Reliable Wi-Fi
No Wi-Fi.
No Measurable Interaction.
No Sponsor.
4. Nonprofit Tie-Ins
Pairing with causes helps CSR programs.
Connecting brands into a cause on a longer
term basis is more powerful than ever.
5. Control Over Intellectual Property
Ambush marketing is the latest danger. Guerrilla
or other piggyback marketing diminishes value.
6. Accessibility to a Wide Audience
Niche audiences with strong additional word of
mouth exposure extends messages via influencers.
7. Authentic, Experiential Programming
Forget logos, it’s all about experiencing the brand
as consumers outside the event.
8. Mark-Up For Passion
Metrics achieved through sponsorship are
more potent than when they come through
other channels, because fans, attendees, and
supporters are passionate.
Think
Outside the
Stadium
Passions
are
Fragmented
9. 2x Longer Engagement
Through Twitter + Passion
Sponsorship
10. Accepted Measurements
Metrics That Equate Directly to
Sponsorship $$!!
Tradi5onal:
TV(ra8ng(points
Arbitron(radio(listeners
Sales(leads
Digital:
Unique(users
Clicks
Open(rates
Conversions
Video(views
Social:
Klout/Kred
Followers
Likes
Retweets
Not)necessarily)
keynote)address:
)Deliver)the)
audience)
They
Love to Pay
to Speak
Sponsor Hot Buttons
They Love
to Carve Out
Unique
Experiences
Sponsor Hot Buttons
• Be)crea5ve)with)carve@
outs)for)VIPs
• Be)as)targeted)as)
possible
• Create)one@on@one)
interac5ons
They Love
Product
Placement and
Sampling
Sponsor Hot Buttons
Critical List of Must Haves
• Loca%on,(loca%on,(loca%on
• Staff(carefully
• Track(everything:
• Engagements
• Samples(distributed
• Qualita%ve(comments
SponsorHub Tips
Think
Naming Rights
for Your Own
Events
SponsorHub Tips
Incorporate
Sponsorship
Deeply Into Your
Programing
SponsorHub Tips
PEOPLE PROPERTY
BRAND
THE IDEA IS
IN THE
SWEET
SPOT
SponsorHub Tips
Offer hospitality to
key B2C clients to
draw them onsite
SponsorHub Tips
When planning
sponsorship fees,
allocate budget for
research, data, and
measurement
SponsorHub Tips
✓
Get Credit For Social Media Buzz
SponsorHub Tips
✓Understand “Brand Amplification”
Friends of Fans Buy Products
Measure
awareness
efforts, even if
approximate
✓
Registration Stats
✓
Web Site Views
✓
Attendee Surveys
✓
Sponsor Surveys
✓
Staff Feedback
✓
Social M
edia Results
SponsorHub Tips
Important(Tip:(
Don’t(fudge(the(
demographics
SponsorHub Tips
Major
Events
SXSW, LeWeb,
sports franchises also
have significant pricing
power
Local events with a small but often
devoted group of attendees have little
pricing power
The Pricing
Clout
Pyramid
Market Leader
Significant Power
Wild West
SponsorHub Tips
✓
Know Your SponsorHub Score
“SponsorHub helps us identify
the best sponsorships to fit our
marketing goals and provides
awesome analytics to measure
ROI.”( ( ( ( (
N(Sanjay(Gopal,(Enterprise(Sales(Director,(Sprint
SponsorHub Tips
Understand the Language of Activations
Some Brands Spend Money
on Creative Solutions to
Enhance Events but don’t Pay
for Sponsorship
What Sponsors are Looking For Now
Biggest Mistakes Event Organizers Make
Q & A
Why Sponsorship is Hot
Agenda
Why Proposals Fail?
Relevance Your proposal doesn’t address the concerns or goals of the
proposed sponsor and is not adequately prepared.
Any significant proposal is hard to sell if you are talking to the
wrong person or you have no relationship with the company.
Persistence counts–keep trying.
ROI
By understanding how a sponsor perceives success, an event
organizer will have a better sense of how to present a case for
ROI.
Sell-in
Communicate to sponsor’s internal audience making it easy to
“buy in.”
Timing
They love the idea but they can’t execute. Last minute
proposals are a waste of time unless it is the “Idea of the
Century.”
Ask Make sure that the sponsor knows exactly what your ask is.
Leave nothing to the imagination.
1
2
3
4
5
6
Relationship
The Gut Check
Reality Can you hit the goals that you promise in your proposal?
Do you have the right people in place to pull off what was
promised?
Pricing
Is the program fairly priced for the sponsor? Will you cover
costs and make a profit?
Exclusivity
If you promise one thing to one sponsor will you cause
problems with others?
Scalability Can you replicate the program across multiple platforms and
sponsors?
Risks Have you mitigated the risks that may come up during the
execution phase?
1
2
3
4
5
6
Team
Starting a Program
What? How will you monetize your event? What is worth selling?
How do I find my sponsors? Who should do the selling?
How Much? What should I charge?
When? How much lead time do I need?
Help? Where do I go to get help on answering these questions?
Why? Is your sponsorship program created for the right reasons?
1
2
3
4
5
6
Who?
What Sponsors are Looking For Now
Biggest Mistakes Event Organizers Make
Q & A
Why Sponsorship is Hot
Agenda
Your
Turn
Mark Your Calendar
Thursday, April 25, 2013 2 p.m. EDT
bizbash.com/webinars
HowtoChooseTheRight
EventTechnologyFor
SmarterEvents?
➡ The Latest in Marketing,
Invitations, Ticketing and
Registration
➡ Work Flow, Management
and Productivity
➡ Event Apps and Connectors
A Planners View
Andrew Reid
CTO/Co-Founder, Sponsorhub
Contact Us
Andrew@sponsorhub.com
Megan Buell
Eventbrite, Lead Generation Manager
Meganb@eventbrite.com
David Adler
C.E.O. and Founder, BizBash
Dadler@bizbash.com
@BizBashLive
@Eventbrite
@SponsorHub
#SmarterEvents
bizbash.com/webinars

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Everything Event Organizers Need to Know About Sponsorship

  • 1. What Every Event Organizer Needs to Know Sponsorship Secrets:
  • 2. Knowledge is Power! Our Goal is to Share Best Practices. A Smarter Event Is a More Relevant Event.
  • 3.
  • 4. Meet Your Speakers Megan Buell Marketing Manager Eventbrite andrew@sponsorhub.com Andrew Reid CTO,Co-Founder SponsorHub meganb@eventbrite.com Seth Berman VP of Strategic Marketing Richemont Seth@richmontla.com @BizBashLive @Eventbrite @SponsorHub #SmarterEvents
  • 5. Biggest Mistakes Event Organizers Make Q & A Why Sponsorship is Hot 5 Agenda What Sponsors are Looking For Now
  • 6. The Good News “Sponsorship has a growth rate that surpasses all other forms of media, except for Internet and mobile.”- Veronis Suhler 2011 Industry Forecast
  • 7. The Bad News “Sponsor prospects have more partnership options than ever before and are choosing more wisely.” - IEG 2011, Growing Up: The Evolution of Association Sponsorships
  • 8. Sports – 68% Entertainment – 10% Festivals – 5% Causes – 9% Arts – 5% Associations – 3% Sponsorships are Growing
  • 9. Face-to-Face Is No Longer a ‘Nice-to-Have’ but a Must Have! It Really Works Promotes Trust Forces Deadlines Immediate Action It’s proven that face-to-face interactions release chemicals in the brain called isotocin, which create a sense of trust that establishes loyalty. The fact that a brand decides to sponsor an event creates the energy that mobilizes an organization to act (it’s hard to be lazy with a deadline). Actually talking to your customer will encourage an action or an emotional response that can be measured.
  • 10. Problem:)Consumers)are)Tuning)Out 5 For Marketers: It’s Difficult to Cut Through the Clutter… Customers Tune Out.
  • 11. To Get New Leads, Sponsors Use Many of the Tactics Below Why Companies Sponsor? Product Placement Naming Rights and Locations General Product Awareness Hospitality Opportunities Social Media Buzz Speaking Product Sampling PR and Word of Mouth
  • 12. Two Main Types of Sponsorships Overlap Social(Media(Buzz Product(Placement Sampling Media(Value B2B Speaking Opportunities Hospitality B2C Branding/PR Naming Rights Awareness
  • 13. What Sponsors are Looking For Now Biggest Mistakes Event Organizers Make Q & A Why Sponsorship is Hot Agenda
  • 14. • #1 sponsorship aggregator globally • 20% of the world’s sponsors use SponsorHub • Over 75,000 sponsorship opportunities aggregated, scored • Created industry’s first scoring algorithm • First sponsorship platform • Robust RFP tools
  • 15.
  • 16. 1. Compelling Content Proctor & Gamble created a mom-focused campaign with an activation in the form of a 65,000 sq. ft. “home away from home” for the mothers of competing athletes.
  • 17. 2. Broad Distribution Amplified exponentially with a “long-tail” by strategic partnering. Spotify leveraged a local bus tour to hear local talent, released exclusively on Yahoo.
  • 18. 3. Fast, Reliable Wi-Fi No Wi-Fi. No Measurable Interaction. No Sponsor.
  • 19. 4. Nonprofit Tie-Ins Pairing with causes helps CSR programs. Connecting brands into a cause on a longer term basis is more powerful than ever.
  • 20. 5. Control Over Intellectual Property Ambush marketing is the latest danger. Guerrilla or other piggyback marketing diminishes value.
  • 21. 6. Accessibility to a Wide Audience Niche audiences with strong additional word of mouth exposure extends messages via influencers.
  • 22. 7. Authentic, Experiential Programming Forget logos, it’s all about experiencing the brand as consumers outside the event.
  • 23. 8. Mark-Up For Passion Metrics achieved through sponsorship are more potent than when they come through other channels, because fans, attendees, and supporters are passionate. Think Outside the Stadium Passions are Fragmented
  • 24. 9. 2x Longer Engagement Through Twitter + Passion Sponsorship
  • 25. 10. Accepted Measurements Metrics That Equate Directly to Sponsorship $$!! Tradi5onal: TV(ra8ng(points Arbitron(radio(listeners Sales(leads Digital: Unique(users Clicks Open(rates Conversions Video(views Social: Klout/Kred Followers Likes Retweets
  • 27. They Love to Carve Out Unique Experiences Sponsor Hot Buttons • Be)crea5ve)with)carve@ outs)for)VIPs • Be)as)targeted)as) possible • Create)one@on@one) interac5ons
  • 28. They Love Product Placement and Sampling Sponsor Hot Buttons Critical List of Must Haves • Loca%on,(loca%on,(loca%on • Staff(carefully • Track(everything: • Engagements • Samples(distributed • Qualita%ve(comments
  • 31. SponsorHub Tips PEOPLE PROPERTY BRAND THE IDEA IS IN THE SWEET SPOT
  • 32. SponsorHub Tips Offer hospitality to key B2C clients to draw them onsite
  • 33. SponsorHub Tips When planning sponsorship fees, allocate budget for research, data, and measurement
  • 34. SponsorHub Tips ✓ Get Credit For Social Media Buzz
  • 35. SponsorHub Tips ✓Understand “Brand Amplification” Friends of Fans Buy Products
  • 36. Measure awareness efforts, even if approximate ✓ Registration Stats ✓ Web Site Views ✓ Attendee Surveys ✓ Sponsor Surveys ✓ Staff Feedback ✓ Social M edia Results SponsorHub Tips Important(Tip:( Don’t(fudge(the( demographics
  • 37. SponsorHub Tips Major Events SXSW, LeWeb, sports franchises also have significant pricing power Local events with a small but often devoted group of attendees have little pricing power The Pricing Clout Pyramid Market Leader Significant Power Wild West
  • 38. SponsorHub Tips ✓ Know Your SponsorHub Score “SponsorHub helps us identify the best sponsorships to fit our marketing goals and provides awesome analytics to measure ROI.”( ( ( ( ( N(Sanjay(Gopal,(Enterprise(Sales(Director,(Sprint
  • 39. SponsorHub Tips Understand the Language of Activations Some Brands Spend Money on Creative Solutions to Enhance Events but don’t Pay for Sponsorship
  • 40. What Sponsors are Looking For Now Biggest Mistakes Event Organizers Make Q & A Why Sponsorship is Hot Agenda
  • 41. Why Proposals Fail? Relevance Your proposal doesn’t address the concerns or goals of the proposed sponsor and is not adequately prepared. Any significant proposal is hard to sell if you are talking to the wrong person or you have no relationship with the company. Persistence counts–keep trying. ROI By understanding how a sponsor perceives success, an event organizer will have a better sense of how to present a case for ROI. Sell-in Communicate to sponsor’s internal audience making it easy to “buy in.” Timing They love the idea but they can’t execute. Last minute proposals are a waste of time unless it is the “Idea of the Century.” Ask Make sure that the sponsor knows exactly what your ask is. Leave nothing to the imagination. 1 2 3 4 5 6 Relationship
  • 42. The Gut Check Reality Can you hit the goals that you promise in your proposal? Do you have the right people in place to pull off what was promised? Pricing Is the program fairly priced for the sponsor? Will you cover costs and make a profit? Exclusivity If you promise one thing to one sponsor will you cause problems with others? Scalability Can you replicate the program across multiple platforms and sponsors? Risks Have you mitigated the risks that may come up during the execution phase? 1 2 3 4 5 6 Team
  • 43. Starting a Program What? How will you monetize your event? What is worth selling? How do I find my sponsors? Who should do the selling? How Much? What should I charge? When? How much lead time do I need? Help? Where do I go to get help on answering these questions? Why? Is your sponsorship program created for the right reasons? 1 2 3 4 5 6 Who?
  • 44. What Sponsors are Looking For Now Biggest Mistakes Event Organizers Make Q & A Why Sponsorship is Hot Agenda
  • 46. Mark Your Calendar Thursday, April 25, 2013 2 p.m. EDT bizbash.com/webinars HowtoChooseTheRight EventTechnologyFor SmarterEvents? ➡ The Latest in Marketing, Invitations, Ticketing and Registration ➡ Work Flow, Management and Productivity ➡ Event Apps and Connectors A Planners View
  • 47. Andrew Reid CTO/Co-Founder, Sponsorhub Contact Us Andrew@sponsorhub.com Megan Buell Eventbrite, Lead Generation Manager Meganb@eventbrite.com David Adler C.E.O. and Founder, BizBash Dadler@bizbash.com @BizBashLive @Eventbrite @SponsorHub #SmarterEvents bizbash.com/webinars