Key Elements of Sponsorship Proposals

Sep 2, 2024

Sponsorship Proposal Basics

Introduction

  • Presented by Kim Skilden-Reed from Power Sponsorship
  • Overview of creating a best practice sponsorship proposal in 15 minutes.
  • Extra resources provided in the video description.

Purpose of a Sponsorship Proposal

  • Main Role: To help the contact within a company sell the proposal internally, not just to sell it to the contact.
  • Common Mistakes in Proposals:
    • Self-Centeredness: Focused on your needs instead of the sponsor's.
    • Lack of Relevance: Fails to establish why the proposal is a good match.
    • Only Hygiene Benefits: Offering only basic benefits that are common across proposals.
    • Incomplete Business Case: Flashy presentation without enough substance for internal selling.
    • Poor Structure: Confusing layout with irrelevant information.

Structure of a Successful Proposal

  1. Title Page

    • Professional format, use letterhead.
    • Avoid using the sponsor's logo without permission.
    • Include copyright wording for creative ideas.
  2. Tone Setting Page

    • Optional, but can include a quote, statistic, or impactful photo.
  3. Overview Page

    • One-page overview of the property being sponsored.
    • Focus on what the property means to fans; do not pitch yet.
  4. FAQ/Event Details

    • Basic facts: key dates, location, expected attendance, ticket prices.
  5. Target Markets

    • Segment target markets psychographically (interests and motivations) rather than demographically (age, gender, etc.).
    • Highlight important segments relevant to the sponsor.
  6. Marketing Plan

    • Outline marketing objectives and key messages.
    • Discuss social media, website promotion, email marketing, etc.
  7. Creating the Vision

    • Present the sponsor’s marketing objectives based on research and discussions.
    • Provide 4-9 creative leverage ideas to align with their goals.
  8. Benefits Section

    • List all benefits required to make the leverage ideas happen.
    • Include hygiene benefits but emphasize unique, interesting benefits first.
  9. Investment Page

    • Details on cash, contra, or in-kind investments.
    • Be open to revisiting the offer to suit their needs.
  10. Optional Addendum

  • Include case studies demonstrating how past sponsors achieved commercial return.

Conclusion

  • Final thoughts on creating an effective sponsorship proposal.
  • Reminder of additional resources available in the video description.
  • Good luck with sponsorship endeavors!