Small businesses often get approached for sponsorship, whether it is for the local sporting team, craft show or another business’s seminar. Although money is tighter this year, no doubt many of you will still be approached and in certain cases utilising sponsorship can be an effective marketing tactic.
Before you decide to be a sponsor consider the following:
Relevance for Your Customers
Choose sponsorships that are relevant to your brand or business and appeal to your current and potential customers. Try not to choose sponsorships that only interest you or a particular employee. It is no use sponsoring the local football team if the players or spectators are not your target market.
What Are You Getting for Your Sponsorship?
Make sure you discuss with the organisation or event organiser how you can maximise your sponsorship dollars and get in writing what exposure your business will receive.
Some questions to ask are:
• Where will my logo, brand or business name appear?
• How and how often will my logo, brand or business name appear?
• Is it an exclusive sponsorship or is it shared with other businesses?
• What additional benefits will I receive for my sponsorship?
• Insist on approving all material featuring your logo.
• What marketing activities are being done to promote the event and the sponsors?
• Will I have access to the customer database?
Check past Sponsorship Results
If there have been past sponsors, ask why they are no longer sponsoring the event or activity and if possible speak to the past sponsor. Although information may be confidential, see if you can access the results that have occurred from past sponsorship deals.
Cost Versus Benefit
Analyse the cost of your sponsorship versus the estimated results you want to achieve. Compare your sponsorship costs to other marketing tactic costs to determine if your money could be better spent on an alternative marketing tactic. For example, if you sponsor a luncheon how many leads do you hope to generate from the sponsorship? Would you generate more leads from a direct mail or email campaign to the same customer base?
Setting a Budget
Set a budget for how much you want to commit to sponsorship. Plan in advance what event, organisations etc you wish to sponsor for the year and stick to your plan.
Tracking Results
Tracking of sponsorship tactics is often difficult due to the wide audience they have the potential to reach. Some ways to track your sponsorship results include:
• Measuring the media exposure from the sponsorship eg. mention of the event and your sponsorship in the local newspaper, on the radio station etc
• New customers that have come from your sponsorship involvement eg. asking customers where they heard about you or undertaking market research which analyses customer recall of where they saw your brand or business name.
Sponsorship can be a great marketing tactic; however it is always wise to work out what it will do for your small business before you commit to spending your valuable marketing dollars.
(I came across the above article recently. I can't remember the author but I'd be very pleased to attribute it fully if it was you and you let me know).
Saturday, June 27, 2009
Sunday, June 21, 2009
Aussies Are SMS Mad
Telstra's State of the Nation Report released this morning shows Aussies are text message mad:
- One in three Australians said they choose SMS to communicate major life events – compared to using the phone, email or social networking sites.
- We are more likely to SMS news of a birth (25%), or a promotion (18%) compared to other major life events.
- Four in 10 Aussies indicated that they send between 3 and 7 text messages every day to family, friends and their partner respectively.
- It seems few places are text-free - 34% admitting sending them while at the movies, 21% in a business meeting and 15% whilst attending a funeral, christening or wedding.
Source: www.mediagame.com.au
Saturday, June 20, 2009
Rudd, Turnbull And That Ute
This past few days accusations have been flying around the Australian Parliament about Prime Minister Kevin Rudd (or his staff) allegedly using his position to help a friend gain access to government-supplied finance.
The same friend has "lent" Mr Rudd a utility truck (ute) which he uses as a mobile billboard in his Brisbane electorate.
The Opposition leader Malcolm Turnbull sees this a a flagrant abuse of Prime Ministerial power while Mr Rudd denies the accusations. An Auditor General's investigation into the matter kicks off shortly but right now it's a case of he said she said.
One PR outcome is certain. Either the Prime Minister or the Opposition Leader is likely to emerge with damage to his personal brand.
Mr Rudd has consistently advocated for open and transparent government. If the accusation is proven the Prime Minister's credibility and reputation will take a hit. He will be seen as failing to walk the talk on ministerial accountability and broken a key PR commandment: you can't say one thing then do another.
In the end if Mr Turnbull's charges fail he will be criticised for misleading the public. And many people will wonder why he chose to divert the national attention to a trivial matter and way from key issues such as climate change and an uncertain economy.
Meanwhile the rest of us will watch this issue unfold - mostly in the media - as both men go all out to prove their communications credibility. It's likely to prove a fascinating case study in media relations, reputation management perhaps even crisis communications.
The same friend has "lent" Mr Rudd a utility truck (ute) which he uses as a mobile billboard in his Brisbane electorate.
The Opposition leader Malcolm Turnbull sees this a a flagrant abuse of Prime Ministerial power while Mr Rudd denies the accusations. An Auditor General's investigation into the matter kicks off shortly but right now it's a case of he said she said.
One PR outcome is certain. Either the Prime Minister or the Opposition Leader is likely to emerge with damage to his personal brand.
Mr Rudd has consistently advocated for open and transparent government. If the accusation is proven the Prime Minister's credibility and reputation will take a hit. He will be seen as failing to walk the talk on ministerial accountability and broken a key PR commandment: you can't say one thing then do another.
In the end if Mr Turnbull's charges fail he will be criticised for misleading the public. And many people will wonder why he chose to divert the national attention to a trivial matter and way from key issues such as climate change and an uncertain economy.
Meanwhile the rest of us will watch this issue unfold - mostly in the media - as both men go all out to prove their communications credibility. It's likely to prove a fascinating case study in media relations, reputation management perhaps even crisis communications.
Sunday, June 7, 2009
Communications Lessons from Obama's Cairo Speech
This past week President Obama delivered a speech on building bridges between the US and the Muslim world. Immediately after he delivered the speech in Cairo it was posted to the White House and media websites around the world and so far has received warm endorsement in the US and abroad.
Obama is a masterful communicator, perhaps the most effective Presidential orator since Ronald Reagan. Aside from its strategically critical content, the speech was a significant piece of communications and something from which we can all learn as we speak out on behalf of our own organisations:
Obama is a masterful communicator, perhaps the most effective Presidential orator since Ronald Reagan. Aside from its strategically critical content, the speech was a significant piece of communications and something from which we can all learn as we speak out on behalf of our own organisations:
- Obama spoke with a keen awareness of his audience - not only the 3000 strong audience at the University of Cairo but to Muslims listening throughout the world. He started by acknowledging the contributions Islam has made to world history and by noting his own personal credentials, namely his childhood experiences in the Muslim world. He established a connection between himself and those listening to him, acutely mindful of the cultural sensitivities that have plagued US - Arab relations in recent years.
- He outlined how the US and the Arab community might connect better in five specific areas providing examples of how closer cooperation in each might be achieved. The speech had both vision and detail.
- The speech was simple and clear. It was big on optimism yet at the same time he acknowledged that moving ahead was not going to be easy. So often great communications start by focusing on what brings people together and then identifying the way ahead for resolving the challenges that keep them apart.
Hopefully Obama's aspirations for a safer Middle East will be realised. At least they have started with more empathetic and effective communications than we have seen in a very long time.
Top Aussie PR Blogs And Twittering Journos
This week we are grateful to:
- Kylie Lewis of Slice Media for putting together a list of 120 Australian and New Zealand PR blogs
- And David Early for putting together a list of Australian journalists using Twitter.
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