sponsorship strategy Archives - Power Sponsorship

Four Other Reasons You Might Need a Sponsorship Consultant

The normal role of a sponsorship consultant is to offer expert strategic advice, generally based on a reasonably long history of doing good work for good clients. That’s certainly what I do most of the time. There are, however, other reasons you may want a sponsorship consultant – reasons that are a bit outside the norm, but every bit as strategic. I thought I might run through a few very useful – but somewhat different - ways to use a sponsorship consultant. Delivering bad news Come on, do you really want to be the one to tell the CEO that sponsorship of her pet project is a narcissistic crap-heap? I didn’t think so. Sometimes, everyone but […] Read More

Sponsorship Benefits Every Sponsor Should Want

Sponsorship is an amazingly creative medium. Unfortunately, most sponsors still lack the imagination to really harness it. Either that or they are so deep in a rut that they can’t even see they’re going in the wrong direction. They negotiate the same types of sponsorship, and for the same boring benefits, over and over again. They buy logos and tickets and stock-standard hospitality, with the overriding assumption – and point of comparison – that it’s largely a commodity business and more is better. WRONG! Go ahead and negotiate some of those commodity benefits, but understand that’s not where your real marketing opportunity lays. Instead, concentrate your efforts on getting the type of benefit that can […] Read More

Sponsors: What If You Could Start Over?

It’s still early in the year – the time when people wipe the slate, make resolutions, and dedicate themselves to doing better. It’s when people give themselves permission to start over. What if we applied that thinking to corporate sponsorship? What if sponsors took some time out from dealing with the administration of sponsorship and the improvement of sponsorship, and instead, dedicated themselves to the potential of sponsorship. What if they asked themselves this one question: If you had the same sponsorship budget, but no commitments, what would the perfect sponsorship portfolio for your brand(s) and target markets look like? I do this for my corporate clients all the time. In its formal iteration, it […] Read More

The Other Ambush: Standing Up for What’s Right when Sponsors Don’t

Normally, when the Olympics roll around, I’m having a field day picking apart sponsorship strategies and, in particular, analysing the ambush marketing activities. Truth be told, ambush marketing gets me a bit giddy, lying as it does at the intersection of strategy and troublemaking. But this time around, the ambushers haven’t come to the party like they have in the past. Hell, the sponsors haven’t even come to the party. I can just see all the usual ambush marketing suspects gloating – not because they’ve done something so clever to gain marketing benefit for their brands, but because they’re the lucky ones with no IOC contracts, so they can stay well away from this debacle. […] Read More

How to Hire a Corporate Sponsorship Consultant

Sponsorship consultants are a dime a dozen – I’m one – but we are far from a homogenous group. When it comes to hiring one to assist with your sponsorship program, do you know how to get what you’re looking for? I’ve written this blog to assist both sponsors and sponsorship seekers to find the right person or agency for their needs. If you get what you’re looking for, you’ll fit together like peas in a pod. If not, it will be more like peas in a blender, and no one wants that. I’m not including sponsorship brokers in this blog, as that’s really a different type of consulting altogether – selling, largely on commission. […] Read More

Please, Academics… Give Us Some Sponsorship Research that’s Actually Useful!

I was doing some research today and stumbled across an academic paper published just two months ago in Europe entitled, “Turning Good Ideas into Bad News: The Effect of Negative and Positive Sponsorship Information on Sponsors’ Brand Image”. I saw the title and had to look, much as it’s hard not to look at a car crash. The “rub-off” or “halo” effect of sponsorship has been roundly debunked. A property certainly can be a platform to amplify lesser-known attributes, but can’t provide a brand with an attribute it doesn’t already have – in much the same way that “greenwashing” doesn’t change consumer perceptions, if there’s no evidence of genuine environmental credentials. When I read the […] Read More

Negotiating and Managing Multi-Brand Sponsorship

I tell sponsorship seekers all the time, “Don’t approach the company, approach the brand”. The underlying principle is that companies will generally have one brand that is clearly the best fit for a sponsorship opportunity. This is true for sponsors, as well, and most sponsors have embraced brand sponsorship as the default position for investment. There are, of course, a couple of exceptions. The first is when a sponsorship creates a platform that is large, relevant, and flexible enough that it can be leveraged across an entire portfolio of brands. An example would be if Kellogg’s sponsored the World Cup. They could make that work across their brand portfolio and most, if not all, regions. […] Read More

How to Create Sponsorship Vision When Your Company has a Pole Up Its Bum

Best practice sponsorship is strategic. It’s creative. It’s amazingly multifaceted, measurable, and just bloody amazing. But it’s also different, and a lot of companies just aren’t good at change. Change requires vision, so if that’s what’s needed, establishing that becomes your job. Before we get into how to fix it, let’s talk about a few of the major categories of vision-challenged sponsors. If it ain’t broke, don’t fix it This is a big one for market leaders. So many market leaders are terrible sponsors. They haven’t changed the way sponsorship has been done for at least ten years – aside from some uninspired social media activity – and seem to lack any sort of vision […] Read More

Why “Proud Sponsor Of” is the Most Worthless Phrase in Sponsorship

Oh, how I hate those words. In fact, I’m going to go out on a limb and say that those three words can be among the most telling in sponsorship. You don’t see the great sponsors saying “Proud sponsors of”. Ever. If you see that line used in conjunction with a sponsorship, you can be almost assured that the leverage plan is weak to non-existent, along with their results. It may as well read: “Understaffed sponsor of…” “Boring sponsor of…” “Unsophisticated sponsor of…” “Lazy sponsor of…” I understand that sometimes it’s all you can do. Maybe a sponsorship has been thrust upon you at the last minute. Maybe your CEO’s pet project is so off-strategy […] Read More

Dear Fans, Companies Think You’re Stupid

There is a “Coke ad” doing the rounds on Facebook and Twitter. It’s a collaboration between a few people, including mystery artist, Banksy, and it is a must read for every sponsor. Note: The language is rude, but if you can handle the f-word, you should stop and take a look at that “ad” now. If this sentiment is true of advertising – and I think if we allow ourselves some objectivity, we know it isn’t far off the mark – it’s 100 times truer for sponsorship. What sponsors are buying when they invest in a sponsorship is the privilege to connect with people through something they have already decided they care about. Those fans […] Read More