Perfect Fit: 5 Tips to Avoid Sponsor Mismatch
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Transcript of Perfect Fit: 5 Tips to Avoid Sponsor Mismatch
But sometimes, a certain sponsor might not be the best fit for your event
Here are some tips on avoiding sponsor mismatches…
Missing the Mission
Does the sponsor conflict with the mission of your event or organization?
(i.e. Mothers Against Drunk Driving would probably not have Coors Light sponsor their event.)
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No News is Good News (is not always true)Has your potential sponsor been in the news lately?
Why were they in the news?
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Based on that, does it feel okay to have them as a sponsor? Good News: Great
Negative News: Probably not…
How will your attendees feel?
Uber should probably not be your transportation sponsor if you’re event is for cab drivers….
Make sure that you consider the beliefs and views of your guests. Will they be impacted by your sponsors?
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Clash of the SponsorsWouldn’t it be weird to have T-Mobile be the presenting sponsor of your music festival, but also have the AT&T
Main Stage?
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Don’t Dilute Your Value
Sometimes, the perfect fit for your event might not have the $$$ to afford the sponsorship.
See if they can kick in some in kind donations to meet the value.
If they can’t, don’t decrease the value of the sponsorship, lower the sponsorship level to what they
can afford.
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Sponsors Mean Innovation
Sponsor dollars and participation can give you the tools you need to create something new and spectacular.
If done successfully, sponsor partnerships will reap huge rewards for all parties.
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