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How Do You Determine Sponsorship Value?A sponsorship can be worth $5,000. It can be worth $50,000. It can be worth $500,000. And here’s the uncomfortable part: the number is not determined by the size of the logo. Sponsorship value is determined by what a sponsor can reasonably expect to gain from the relationship—and how difficult that opportunity would be to replicate somewhere else. That distinction changes...0 Comentários 0 Compartilhamentos 301 Visualizações 0 Anterior
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How Much Does Sponsorship Cost?“How much does sponsorship cost?” It sounds like a simple question. It isn't. A local business might sponsor an event for $500. A regional company might invest $10,000. A major corporation could spend $100,000 or considerably more on a strategic sponsorship. And all three numbers can be perfectly reasonable. Why? Because sponsorship isn't a product with a fixed retail price....0 Comentários 0 Compartilhamentos 295 Visualizações 0 Anterior
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How Much Should I Charge for Sponsorship?There's a number sitting on your sponsorship proposal. You know you have to put something there. The problem is figuring out what that something should be. $1,000? $5,000? $25,000? $100,000? Most sponsorship sellers worry about charging too much. Experienced sponsorship sellers also worry about charging too little. And that second concern deserves far more attention. Because once...0 Comentários 0 Compartilhamentos 295 Visualizações 0 Anterior
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How Should Sponsorship Packages Be Priced?Put a number on a sponsorship package too high, and prospects disappear. Put it too low, and you may sell out quickly—and still lose money. That second problem is more dangerous than it looks. A sponsorship can appear successful on paper while quietly underpricing the audience, access, visibility, credibility, and business opportunities you're giving away. So how should sponsorship...0 Comentários 0 Compartilhamentos 297 Visualizações 0 Anterior
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What Is a Gold, Silver, or Bronze Sponsorship?Three words show up in sponsorship proposals again and again: Gold. Silver. Bronze. They sound simple. They aren't. A Gold sponsorship isn't automatically valuable because it's called Gold. A Bronze sponsorship isn't automatically a bargain. And Silver isn't supposed to be the awkward package sitting between two more exciting choices. These labels are simply a way to organize sponsorship...0 Comentários 0 Compartilhamentos 283 Visualizações 0 Anterior