sponsorship measurement Archives - Power Sponsorship

Does Sponsorship Affect Share Price?

A few years back, I read an article entitled, “The Impact of Sponsorship on Share Price Brand Value”. The main assertion is that companies that sponsor have better performing share prices than companies that don’t. While that was the first time I’d seen anyone make that contention in any serious way, I continue to hear it from conference speakers, and in articles and blogs, to this day. On one hand, I can believe that there is a correlation. On the other, I think implying causation could be a long bow to draw. Sponsorship, and in particular modern, strategic sponsorship, is a powerful marketing tool. Is the correlation in share price performance simply because better, more […] Read More

Sponsorship Measurement: How to Measure What’s Important

A while back, I read a blog by Seth Godin. In it, he asked a question that has stuck in my head ever since: Do you measure it because it’s important, or is it important because it’s measured? Our industry is guiltier than most of the latter, and that is one of the biggest factors that keep sponsors from performing at their peak. The fact is that once we have worked out what constitutes a “success” – what we are measuring that “success” against – we work to that measure. The result is that how we measure sponsorship is critical to the true results we accomplish. A frighteningly large proportion of sponsors still measure mechanisms, […] Read More

What Should a Rightsholder Include in a Year-End Sponsorship ROI Report?

Nothing. Measuring sponsorship is not your job. You’re probably thinking to yourself, “If I can’t prove what the sponsorship delivered, then they won’t renew”. And to an extent, you’re right. If the sponsor doesn’t know what they accomplished, they’re not going to renew. But it’s not your responsibility to measure returns, and more to the point, it’s impossible. In this rewrite of a vintage blog, I’m going to show you why, and what you should do instead. Rightsholders can’t measure results The only organisation that can measure the returns against a sponsor’s objectives is the sponsor. When a sponsor invests in sponsorship, they are investing in opportunity, not results. It’s the sponsor’s leverage program that […] Read More

New Videos: Answers to the 20 Sponsorship Questions I Get the Most

Raising the bar for this industry has been one of my biggest goals since I started in this industry decades ago. Between the blogs, books, and speaking engagements, I offer a lot of advice, and really love doing it. This also means that I field a ton of industry questions. (If you want to see what my inbox looks like in a given week, check out this blog!) In the videos below, I’m addressing the twenty questions I get most often. Some are big, overarching questions about sponsorship. Others are tricky little buggers that stymie even seasoned veterans. I’ve broken these down into two parts. The first is primarily for sponsorship seekers, and the second is […] Read More

9 Secrets of Amazing Sponsors [Infographic]

I’m asked all the time what separates truly amazing, best practice sponsors from the also-rans. And although the specific strategies and techniques could fill a book – specifically, The Corporate Sponsorship Toolkit – I’ve distilled the basic differences between great sponsors and also-rans down to nine. The nine things great sponsors get right are in the infographic below. Clearly, nobody is going to be able to fit everything you need to know to elevate your approach to best practice in one infographic, but it’s a starting place. If you read this and realise you’re missing some, or even all, of these components in your sponsorship approach, you need to make changes and you need to make […] Read More

Sponsors: 8 Ways to Ensure Your Sponsorship Portfolio Underperforms

I’ve blogged on and on about the big issues that affect our industry; about the critical factors that drive sponsorship results. But sometimes, it’s not the big mistakes that trip sponsors up. Sometimes it’s just getting one or two things wrong that undoes every other great thing you try to do. It’s the weak link that will cause the whole system to fail. Below, I’ve outlined eight mistakes. Do any one of these, and your sponsorship results will suffer. Do a few, and you’ll be lucky to get any results against your objectives at all. Put decision-making into one person’s hands I don’t care how much of a genius brand or sponsorship manager you may […] Read More

The Enemy of Effective Sponsorship Measurement

I’ve written at length about sponsorship measurement. I’ve written books, blogs, and even did a video tutorial. But I’ve never really addressed why sponsorship measurement so often and persistently goes awry. It’s a little concept called “confirmation bias”. “Confirmation bias” is the tendency for people to seek out and interpret research in a way that confirms that either what they already believe is true, or what they hope is true. For more, check out “confirmation bias” on Wikipedia. There are a number of reasons why someone who knows better would rather have ineffective measures that show success, than effective measures that might not: “Measurement” of an investment that had no set objectives or benchmarks (because you […] Read More

Why Be a Sponsor?

That’s a good question, and one I get more than you would think. Over the past few years, sponsors all over the world have looked at the limited returns they were getting from old-school sponsorship and realising that things had to change. Many saw the light and have made big changes to best practice sponsorship, and are now reaping the benefits. Some have realised that change is inevitable, but have put it in the too-hard basket, relegating their results to ho-hum (at best) until they pull their fingers out and do something about it. And some don’t see the benefits of best practice at all. Instead, they have consigned all sponsorship to the category of […] Read More

11 Sponsorship Mantras to Keep Your Team on Track

Doing sponsorship training is one of my favourite parts of this job. And even though my training is meant to change the way people do sponsorship, it still stuns me when – years after just a day or two of training – people tell me that what they learned “changed everything”. They often go on to recite some specific mantra they and their team have adopted that has guided their sponsorships ever since. This has happened three times in the past eight days and would happen several times a month, at least. I thought it might be useful compiling some of those mantras that people quote back to me over and over; the ones that […] Read More

4 Minor Changes That Could Create Major Improvements in Your Sponsorship Results

As we near the end of the year, many of us are deep into planning for 2013. Unfortunately, many sponsors simply pull out last year’s plans, update a few figures, and do the same thing again and again. If your sponsorship program hasn’t had any radical updates in the past few years, it’s probably time to shake things up. For some companies, however, “radical” changes aren’t part of the corporate culture. In that case, implementing a few simple alterations in the planning process – changes that will seem relatively innocuous – could create much better results and set in motion the mindset for much bigger changes in future. Stop winner-takes-all contests If you’re doing promotions […] Read More