These four are imperative to grow your conference sponsorship revenue line, but there’s a fifth and more critical plan element, {FIRST_NAME| }.
Five or six figure sponsorship deals rarely happen due to a sales rep’s diligence or persuasion skills. They’re almost always the result of someone high-up in your organization having a relationship and being involved in the early discovery with a budget maker from the targeted sponsor.
If your attendees have buying influence, the sponsorship opportunity is there for you to seize. However, your growth plan must match power with power! Your c-suite, or volunteer leadership, must identify and open doors with the decision and budget makers. Anything less and you’ll only achieve incremental growth.
We hope you find a tip or two in this issue that will help move your sponsorship program into the big leagues!
Understanding Sponsorship
The answer to the question "how are you going to pay for this project?" is turning out to be sponsorship more and more often. If you don't know why organizations want to sponsor things, though, it's likely a long, hard road to find the sponsorship you seek.
How to Find Out Who to Contact for
Corporate Sponsorship The first consideration is who you should target for your offer, and there are definitely roles you should avoid and roles that will be much more productive. People you want to avoid…
Many conferences struggle with flat or declining revenue from exhibitors and sponsors. For some, it's because their attendees don't have enough buying influence or authority. On the other hand, if your event attracts the right attendees you have an opportunity to strategically grow your sponsorship revenue.
Sponsorships Change Dramatically In Radical Ground-Breaking Revolutionary Conferences
Think about your conference attendees and the lives they lead on a daily basis. Now think about the roles corporate brands want to play in their lives as conference sponsors.
Whether you're hosting a trade conference, wedding show or even a charity event, there's a good chance that, in order to be profitable, you will have to get sponsors involved in proceedings.
French mathematician and philosopher Blaise Pascal once wrote "I would have written a shorter letter but I did not have the time." That statement also can be applied to sponsorship proposals.