All Sponsorship Blog Posts Archives - Page 2 of 4

4 tools you need to create your own successful sponsorship proposal on a budget

Money’s tight but you know that creating a professional sponsorship proposal can really lift you above the pack and give you the best chance of impressing a potential sponsor.

It can be expensive if you get someone else to do it so you’ve decided to have a crack at developing your own sponsorship proposal.

This may seem a little daunting to start with but trust me when I say that you can do it, and you can do it cost effectively if you’ve got the right tools to get the job done.

The first step is to go and read 10 essential steps to create a winning sponsorship proposal. This hugely popular article provides a step-by-step guide to developing a sponsorship proposal.

Now that you know what to do, it’s time to look at 4 tools you need to create your own successful sponsorship proposal on a budget.

3 reasons why you’re not getting sponsored and how to fix them

You’ve been pounding away for months now, cold calling potential sponsors only to get the brush off from a gatekeeper or sending out proposals that never get a response.

It’s becoming depressing and you’re starting to get upset, angry even, that no one can see your potential.

Don’t stress, you’re not alone. It’s the dilemma of many sponsorship seekers.

If this is happening to you then it’s time to stop, re-group and have a serious think about your approach to sponsorship.

The reasons why you’re not getting anywhere can be summarised by three simple words: Who, what and why.

When you come into contact with a potential sponsor they’re going to ask themselves these questions:

Who are you?
What’s in it for me?
Why should I choose you?

As a sponsorship seeker, it’s you job to provide the answers to these 3 questions in a way that makes you and your opportunity the logical choice.

Let’s look at each of these questions in detail and discuss ways you can improve your answers and get sponsored.

The 6 Ps of the perfect sponsorship proposal

When you first start thinking about sponsorship it’s often associated with an immediate financial need…

I need money to get my event off the ground or fund this movie idea. I want to provide additional services to my local community or I want someone to help pay the bills on my race car.

You know what I mean…

It’s this “what’s in it for me” attitude that could be holding you back from developing a successful relationship with a sponsor. I want you to turn this attitude around and think about what’s in it for the sponsor, what can you provide that will improve their business?

So I want you to put yourself in the shoes of a sponsor’s marketing manager. What would you want to see in a perfect sponsorship proposal and what would your expectations be?

Looking at a sponsorship proposal from a marketing manager’s perspective there are 3 main criteria:

Unique insights to help you get sponsored – Part 2

Here’s part 2 of my interview with Frank Pudarich, owner of bespoke automotive marketing company Octane Garage.

In part 1 of the interview we covered:

Leveraging your sponsorship dollars
Marketing 101 – What to include in a sponsorship proposal
Delivering sponsorship value and managing expectations

Sponsorship objectives: business-to-business and business-to-consumer

Kym: There’s different types of businesses that use sponsorships for different types of reasons. For example if you were a manufacturer and distributor of batteries and battery-related products, what would your major objectives be, or what equates to a return on investment for you? Is it purely about more units being sold or are there other factors?

Frank: There’s other factors. It’s similar to when I was working in car care, most automotive industries are the same, they’re very similar in their customer base and their areas of distribution; so you’d have the automotive service and retail chains, and you’ve got the individual workshops, and you may have wholesalers.

Sponsorship proposal – Take 2

A while ago I published my first sponsorship proposal and detailed some of the elements that worked and some that didn’t.

To recap, here’s a list of the areas that needed attention before approaching potential sponsors with an updated proposal:

Make sure to build rapport with the sponsor before sending the proposal
The proposal must address the sponsor’s marketing objectives, measures of success and ultimately the return on investment
Research, research, research. The more you know about the sponsor and their market the more successful you’ll be
Focus on the sponsor – what’s in it for them (not what’s in it for you)
Keep your sponsorship proposal succinct and to the point
Don’t include too many options as you run the risk of confusing the sponsor

So I’ve created a new sponsorship proposal based on what I’ve learnt previously. The aim is to address the issues above and provide a framework for future proposal development.

Unique insights to help you get sponsored – Part 1

Today it’s my pleasure to introduce Frank Pudarich, owner of bespoke automotive marketing company Octane Garage.

Frank has a long history in the automotive industry, from managing Frank’s Paint and Panel, a hugely successful business which specialised in custom car restorations to consulting with Turtle Wax to build their brand in Australia. While working at Frank’s Paint and Panel, Frank graduated from university with a marketing degree and is also a licensed tradesman.

One of Frank’s roles as a marketing consultant is to review sponsorship proposals and determine how they could work with a businesses marketing programs. Having also been on the other side of the table, preparing sponsorship proposals for his own businesses, Frank is uniquely positioned to give us some great insights into the sponsorship process.

What’s the one thing sponsorship seekers have too little of (apart from money)?

It’s not passion and it’s not motivation.

It’s time; time to find and research sponsors, time to prepare sponsorship proposals and time to create unique marketing opportunities.

As a sponsorship seeker you can spend a heap of time finding and researching potential sponsors, creating spreadsheets, recording contact details and analysing the data.

I know from personal experience that sponsorship research can take days and days of your time. Research is a necessary step in the process of preparing and delivering targeted sponsorship proposals that have the best chance of success.

So what are the alternatives? Can we save time and reach better qualified leads?

Interview with a guru, a sponsorship guru

When someone’s twitter name is @SponsorshipGuru expectations are going to be high. And Julian Moore certainly lived up to my expectations.

Truth be told, I’m not really a fan of the term guru but in this case it’s an accurate description, Julian truly is “Australia’s no.1 nonprofit sponsorship specialist”.

A few months ago I was fortunate enough to attend one of Julian’s sponsorship breakfasts (organised by Strategic Membership Solutions, the consulting services company Julian and Belinda Moore own and operate), where I was able to corner him for a few minutes and fire off questions in rapid succession (something I’m known for).

I was even able to sneak my sponsorship proposal into the conversation. Julian obliged by flicking though it and pointing out a number areas that needed work and some thoughtful tips.

Anatomy of a sponsorship proposal – what worked and what didn’t

Back in 2011 I decided to investigate sponsorship opportunities for my drag racing team. I looked around the internet for resources, found some information and put together my first sponsorship proposal.

Long story short, it failed to get a response. Not because I didn’t put in the effort. But because I was selective in my approach and didn’t follow through on some of the fundamental aspects what goes into a successful sponsorship proposal.

Since then I’ve put together Practical Sponsorship Ideas to help me (and you) learn about how to get sponsored.

Part of that journey is to look back at what worked and what didn’t with my first sponsorship proposal. I blazed away assuming what a sponsor would want without ever asking, building rapport (to get to know, like and trust you) and doing the detailed research.

I hope you can learn from my mistakes and save yourself some time and effort when creating your sponsorship proposals.

Motorsport, TV and Sponsorship – Interview Summary

A while back I had the pleasure of interviewing Nathan Prendergast of Ignition Productions.

Nathan knows a thing or two about motorsport, sponsorship and TV with his role as broadcast director for the V8 Supercar telecasts.

To read the full interview use the links below or continue reading to check out Nathan’s top sponsorship tips…

All Sponsorship Blog Posts

4 tools you need to create your own successful sponsorship proposal on a budget

3 reasons why you’re not getting sponsored and how to fix them

The 6 Ps of the perfect sponsorship proposal

Unique insights to help you get sponsored – Part 2

Sponsorship objectives: business-to-business and business-to-consumer

Sponsorship proposal – Take 2

Unique insights to help you get sponsored – Part 1

What’s the one thing sponsorship seekers have too little of (apart from money)?

Interview with a guru, a sponsorship guru

Anatomy of a sponsorship proposal – what worked and what didn’t

Motorsport, TV and Sponsorship – Interview Summary

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Subscribe to the Practical Sponsorship Ideas email newsletter and receive regular sponsorship seeking insights plus a copy of "10 questions you must ask a sponsor before preparing a sponsorship proposal".