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FUNDRAISING & SPONSORSHIP PRESENTED BY ………... WHAT YOU’LL TAKE AWAY TODAY A changed attitude towards sponsorship and fundraising Ideas for fundraising.

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Presentation on theme: "FUNDRAISING & SPONSORSHIP PRESENTED BY ………... WHAT YOU’LL TAKE AWAY TODAY A changed attitude towards sponsorship and fundraising Ideas for fundraising."— Presentation transcript:

1 FUNDRAISING & SPONSORSHIP PRESENTED BY ………..

2 WHAT YOU’LL TAKE AWAY TODAY A changed attitude towards sponsorship and fundraising Ideas for fundraising activities How to promote your potential for sponsorship How to formalise a sponsorship proposal

3 FUNDRAISING

4 FUNDRAISING TYPES - Raising funds for your own society by: - participation in 3 rd party activity - participation in your own activity - Raising funds through financial partnerships

5 FUNDRAISING MUST KNOWS! Budgeting Fundraising Charity events Political societies

6 FUNDRAISING IDEAS ….. Usual Fundraising Ideas Raffles Bucket collections Coffee mornings Supermarket bag packs Pub quizzes Race nights Other Fundraising Ideas

7 IF YOU HAVE A PARTNER - KEEP IN TOUCH Results - tell them what you are doing with their money and what difference it makes Success stories - personal stories that show the effect they are having on student’s lives Action alerts - tell them what more they can do to help Gratitude - make them feel thanked, included, and loved How-to - show them how they can get involved personally

8 SPONSORSHIP

9 THERE IS A HUGE DIFFERENCE.… - Fundraising vs Sponsorship - objectives - relevancy - relationship

10 THE SPONSOR’S VIEW… - Remember, this is not a fundraising activity, it is a joint marketing activity - The sponsee must have the ability and desire to enter wholeheartedly into a marketing partnership

11 THE BASIC RULES STILL APPLY To be real & relevant sponsors must bring an added-value component to the targeted audience & then they must get the credit from the audience for bringing or enhancing the experience.

12 THE O’C&K PARTNERSHIP MODEL

13 REMEMBER – IT’S A JOINT AGREEMENT…. - both property owners and sponsors must agree that they are equally responsible for: 1) providing those relevant and enhanced consumer experiences 2) making sure the sponsor gets the credit

14 SPONSORS ARE LOOKING FOR … - A good working partner - Something they can amplify their relevance to individual people’s lives - Reasons not to give up sponsorship as a marketing tool, by choice

15 ACTIVITY FOR SPONSORSHIP SEEKERS A structured approach

16 PREPARATION - Is your society ready for sponsorship - Ensure you have internal support - Know your event audience (members) - Identify your sponsorship options

17 IDENTIFYING OPPORTUNITIES -Find your most attractive sponsorship offerings -Determine the ones you will never sell -Identify the full range of benefits you can offer -Be conscious of financial disconnect between your need and your value

18 TARGETING POTENTIAL SPONSORS  Identify what relationships you already have  Agree who you think would be a ‘good fit’  Decide on a target list  Do desk top research  How to get the information:  Annual reports- Industry databases  Websites- Forums  Social media- Traditional media

19 INTRODUCTORY LETTER (DOS) -Figure out who’s their best person to approach -Lead with their stated business objectives -Structure within their values -Use their words - Ask for the opportunity to show how good a partner you’d be

20 INTRODUCTORY LETTER (DON’TS) - Send a general letter to the CEO / MD - Talk about yourselves up front - Enclose a standard presentation - Explain their business objectives to them - Tell them what good value you represent

21 PROPOSAL DEVELOPMENT  Why most proposals fail  What information do they need in order to say yes  Make it easy for them to sell on – internally  Have proposal options / angles to consider  Price your offer fairly  Formalise your offer for presentation

22 PROPOSAL INSIGHTS 1 -Get the proper name and title of the brand manager. -Match specific brand(s) to the sponsorship opportunity (some have different product brands). -Find the brand’s target markets that you can match. -Link to overall marketing objectives for the brand(s) that you are targeting.

23 PROPOSAL INSIGHTS 2 -Study how they use other sponsorships to achieve their objectives. -Check whether they have any sponsorship exclusions (e.g. they mightn’t sponsor student events). -Determine how much lead time they need before the sponsorship term starts

24 SALES AND NEGOTIATION  Sponsorships are business decisions  Who should sell your sponsorship  Negotiate for mutual ‘wins’  Offer payment structure options  Formalise the deal – in writing

25 AFTER-SALES & MEASUREMENT  Over deliver on the agreement  Encourage the sponsor the leverage  Agree what reporting is required  Encourage the sponsor to measure their own results  Help to analyse / understand their real results

26 TAKEAWAYS -Decide whether you’re going to fundraise or get a partner. -Manage expectations -Decide to manage your own brand by being professional. -Always make new mistakes Thank You

27 PRACTICAL WORK


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