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LEVERAGING SPONSORSHIP OPPORTUNITES Christina Pappas Open the Door, Inc.

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Presentation on theme: "LEVERAGING SPONSORSHIP OPPORTUNITES Christina Pappas Open the Door, Inc."— Presentation transcript:

1 LEVERAGING SPONSORSHIP OPPORTUNITES Christina Pappas Open the Door, Inc.

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3 Overview & Trends $17 billion sponsorship spend in 2011 Developing long term relationships Niche market development Exclusivity

4 Committing to the Process Hard work Time Consuming Be Selective Set revenue goals How Much Money do I Need Many Sponsors, Few Sponsors Outsourcing Costly Less Personal

5 SPONSORSHIP Relationship between sponsors and target markets Find the right perspective: Meeting the sponsors needs Providing value for sponsors Create unique and individualized opportunities Rethink traditional sponsorships

6 Planning Internal Planning/Event Self Audit: Who, What, Where, When, Why, How Event to guests Event to organization Values to Organization Sponsorship Policy Sponsorship Strategy Marketing Plan

7 Finding The Right Sponsor Identify attributes attractive to sponsors Align values Create a compatibility list: Audience Matching Objective Matching Attribute Matching Don’t narrow potential pool

8 What Sponsors Expect Increase brand loyalty Improve/enhance image Become more visible/consumer awareness Increase sales Increase retail traffic Merchandising opportunities

9 Value Your Assets Do the math Don’t buy or trade for assets you don’t need Don’t continue to recognize sponsors after they’ve stopped paying for sponsorships Be a good partner Don’t double dip

10 Create & Service Unique Benefits Signage, SWAG, Giveaways/Raffles Eblasts, Newsletters, Media Online, Social Media VIP Treatment Exclusivity Offer seat on planning board Multi event sponsorship Sponsor input and recommendations

11 Post Event Evaluation & feedback Sponsor Feedback Attendee Feedback Results Generated Email list of attendees Future Events

12 For More Information Chris Pappas cpappas@openthedoor.biz


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