Off to "Viva Las Vegas"

This is going to be a VERY sponsorship analytical weekend coming up for me this weekend --- as I depart for Las Vegas and a meet-up with my friend and research partner-in-crime, Jim Kahler of Ohio University.

Every two years since we first began the National Sports Forum some 15 years ago, the NSF has presented (at the conference...) the findings culled from the information-packed interviews with fifty (50) of the top sponsors in America. We reach out to all KINDS of "household names" – from Bank of America ... to Anheuser-Busch ... to Pepsi-Cola ... Giant Eagle and Sharp Electronics... to name just a small handful.

Under the direction of Mr. Kahler, who is Ohio University's Executive Director of their Center for Sports Administration, we'll wall ourselves off from humanity for three days and dissect the findings of all fifty of these surveys.

When finished, we'll have one of the most current and up-to-date recaps of what sponsors like ... what they don't like ... what they really would like to see you putting in their sponsorship proposals ... and how the "new economy" is impacting their business moving into 2010 and beyond.

The findings of all this will be presented at the 2010 National Sports Forum coming up in Baltimore, MD in February. (www.sports-forum.com) However, in the coming weeks, I'll be sure to share with you some special findings (...give you all a "sneak peak" of what the sponsors are thinking (...and spending money on...) out there.

Stay tuned!

Linkedin Groups

As those who know me would attest -- I can't exactly say that I'm one of the MORE "technologically-savvy" guys out there. And I'm borderline stone-age when it comes to all things Social Media-involved. But of the various vehicles out there that are now at our disposal, I tend to gravitate to Linkedin. It's proven to be a great tool so far for me to use to "reach out" and meet selected individuals on-line.

One of the things that I find especially useful is (are) all the Linkedin Groups that are continuously popping up. What I've especially found interesting and often insightful are some of the Groups that pertain to Sponsorship. (Two that I belong to are "Sponsorship Insights" and "Sponsorship Sales Professionals") I'm sure there are others, but those are two that I've joined.

Take a look-see for yourself. You're going to find that it's a great way to network in with and gain insights from people in situations similar to yours. People with ideas, experience, contacts and insights to share. I've enjoyed it --- and so will you.

A Word About Sponsor Referrals

Nothing "sells" your sponsorships better than a happy sponsor. And of course nothing makes a sponsor happier than having their expectations met.

So first order of business here is to make sure that you're taking great care of your existing sponsors. (Let me ask you – do you even know what their "expectations" are? Hmmm… good question, eh? Well ... there's not time like this moment to have a sit-down with your existing sponsors and ASK them!)

And speaking of "...ASK them..." --- that's my word today (...well, actually ... that's two words…), on getting Sponsor Referrals. You've got to ASK for them!

Of course the best time to ASK for them is when you're successfully delivering results for your existing sponsors. You've worked hard to build a strong rapport with your sponsor --- which means that you're there for their success, and they're there for your success. If you've done a good job, it's a good partnership. So why not mention to your sponsor that your event (...program, publication, speaking business, etc.) is really taking off thanks to sponsors like them. ("Thank you!") And your plan is to continue growing your sponsorship family with companies just like them.

That said, you'd sure appreciate it if they would feel free to recommend your event to any of their co-horts that are looking to grow their profile within your industry.

Sometimes that'll be enough to have them bringing up a couple potentials. But more times than not, they'll just smile, nod and say they'd be happy to. That's okay – you’re now "on record" with them that you're looking to add a couple additional sponsors and you've "deputized" them to help you in your search.

Now that you've got their verbal "buy-in" ... see if how, moving forward, you can't start helping them to help you.

What do I mean by that?

Easy – keep an eye out for any particular sponsorship "candidates" that you might have an interest in tapping into that are coming into contact with your current sponsor.

For example – let's say you notice that your current sponsor is also a sponsor of "XYZ" conference. (This conference attracts similar "types" of attendees as you do…) That said, are there any OTHER sponsors to this "XYZ" conference that you think might be a great fit for your event?

Great! Simply put the bug into your existing sponsor's ear that you'd welcome an introduction into one of the decision-maker's at this other sponsor's company. Ask your sponsor if they wouldn’t mind grabbing you a name, or better yet ... a business card into this potential sponsor's decision-maker.

In short – help your existing sponsor's keep their antenna up for you with other potential sponsors. (Now don’t forget ... the key here is to be sure that you're making your existing sponsors "deliriously happy"! Do that and no doubt they'll be more than happy to spread a little love your way!)

Good luck!

There're Sponsorship Opportunities in Everything (cont.)

One of my recurring themes in our biweekly blogs is harping on the fact that there are truly all kinds of opportunities going on out there with our events.

For instance, most conferences, seminars, trade shows, association gatherings and the like have someone on hand snapping pictures, yes? They're up there in front of the room getting candids of the keynote speaker in mid-sentence ... they're tucked away in corners snapping off cameos of members/attendees networking with one another. And there're bound to be lots and lots of small "staged" group photos – members and guests standing there smiling at the camera in groups of four-to-six. Great stuff for the upcoming newsletter and brochure!

But don't overlook a great opportunity here...

If you've got any kind of sizeable group ... say 50 or more ... have a photo area set aside in the general congregating area complete with a backdrop screen identifying the event (or association) you're all attending. (Backdrops with a "wallpaper pattern" of the group's logo or name are pretty common out there. You can get these done easily via most signage companies. The ones we use at the Sports Forum are BlueMedia – www.bluemedia.com, and trust me, they're awesome!)

But here's the kicker --- have your photo area "sponsored". Mix in the sponsor's logo into the backdrop "wallpaper pattern" of your event logo. (To see a great example of this – just tune into about ANY professional team's post-game news conference. NFL, Major League Baseball, NBA, NHL ... makes no difference ... they all have sponsored photo/TV interview backdrops now. They look great ... make your event look "big league", and are a great piece of sponsorable inventory!

Good luck!

Why YOU Might Want to Consider Becoming a Sponsor...

You know ...before I completely "unplug" from my little mini-series here spinning off of my recent GKIC InfoSUMMIT "experience", I wanted to put together a few paragraphs about why YOU might want to consider sponsoring an event, conference, trade association, newsletter or other such suitable-match event, program or speaking tour...

For one thing --- keep forefront in mind that event/conference sponsoring is still very much virgin territory.

I say that after fully acknowledging that – according to IEG (www.sponsorship.com), (...the international clearinghouse of all things sponsorship-related), meeting and event sponsorship is one of the hottest new categories in the sponsorship-world. While I have no doubt that this is true ... meetings/events are still a relatively untapped component of the sponsorship world.

That said, it's not very likely that you'll be running into a NASCAR-type wall of competing sponsors when you consider sponsoring a meeting, event or newsletter. (In fact, it's FAR more likely that you'll be the only sponsor of the targeted meeting or group!)

Reason being that most folks putting on meetings, events, association gatherings, teleseminars, sales retreats ...you name it... haven't even considered looking for sponsors. They're oblivious to the wonderful world of sponsorship!

Fortunately for you, their lack of sponsorship sophistication can easily be put to your great advantage...

Advantage #1 – they won't have any idea what to charge you. If you walked up to your average meeting planner and told them that you'd have an interest in sponsoring their group's event – they'd probably look at you as if you were speaking some sort of a foreign language! They'd probably stammer around a bit and then ask you what you thought a sponsorship of their event would be worth. So beat them to the punch – come up with your own price and put it right up front in your offer. Aim low. To them, every dime you give them is "found money" ... so anything you offer them is a bonus!

Advantage #2 – they won't have any idea what to GIVE you. Going hand-in-glove with the first advantage, most meeting planners have no idea what's expected of them in return for your investment. So tell them what you want. And be specific. The less difficult you make it for them to understand the "transaction", the easier it will be for them to agree.

I could go on ... but hopefully you get the idea? We spend so much of our time here at the "Brought to you By…" System discussing how you can sell sponsorships ... I wanted to make sure that I didn't overlook how downright reasonable it's going to be for the next few years to BUY sponsorships to the right meetings, events & publications out there that ideally target your market.

Good luck!