311x Filetype PPTX File size 0.28 MB Source: www.wsfcs.k12.nc.us
What is a Sponsorship Proposal? A suggested marketing exchange with benefits for both the sponsor and event/sport The sponsor benefits by being able to be associated with the sport or event The event/sport benefits by receiving funding and/or product Why is a Sponsorship Proposal Needed? A formal sponsorship proposal: Shows the professionalism of event organizers Serves as the basis for discussion among corporate decision makers Is a way to market the event for sponsorship Components of a Sponsorship Proposal A sponsorship proposal includes: Sponsorship objectives – How will the sponsorship benefit the corporation being queried? For maximum results the proposal should show maximum benefit to the sponsor’s institutional goals and objectives. These objectives may be to: 1. Increase product awareness – This results in increased sales of sponsor’s product or services 2. Stamp out competing advertisers – Sponsorship may guarantee that only the sponsor is free to advertise during the event. Components of a Sponsorship Proposal Continued 3. Reaching new target markets – The sponsorship should match the demographics of the target audience with products or services the sponsor generates. This is called the match-up hypothesis. For example: financial advisor companies sponsor golf tournaments while beer producers sponsor events attended by younger people, i.e. baseball and football Sponsorship budgets – Without money, the most meaningful objectives will never be met. If the objectives are considered sound, managers will find a way to allocate funds to the sponsorship. Here are few important factors to consider while preparing a proposal. 1.The sponsorship proposal template should incorporate basic information about your organization. Providing enough information about the target audience and the way you would make them reach the potential sponsor will raise interest in your proposal.
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