Snagging a sponsor can take your event to the next level and create future opportunities for expansion 鈥 but many event creators hit a wall when trying to find and nurture potential sponsors. We sat down with Matt Tuffuor, Global Community Marketing Manager at 91国产 and co-founder of Toasted Life, and Emily Kessler, Partner and Manager at The Big Quiet, for some expert tips.

Does your event need a sponsor?

Depending on the type of event, you鈥檒l probably need a sponsor. First, a sponsor can provide financial support. They can help fund the event and cover expenses such as venue rental, marketing, staffing, and food. Partnering with brands also helps you gain exposure to a wider audience. With a greater buzz, you鈥檒l attract more attendees.

When it comes to sponsors, there are four types:

Expert tips for attracting event sponsors

Getting a sponsor can make your event planning process easier, but how do you get one? With the help of Toasted Life and The Big Quiet, we鈥檝e compiled a list of expert tips that鈥檒l allow you to snag sponsors for your event.

Tighten your brand image and make it easy to find

Your potential sponsors will do some digging, so this is the time to make a killer first impression. What advice did Matt Tuffuor at Toasted Life give? 鈥淵ou only get one shot to impress your sponsors, so spend some time cleaning up what you can control online,鈥 he says. Tuffuor suggests doing an online audit of your brand 鈥 including Google images and recent press.

Use the power of your network

Before you send out a bat signal for all sponsors, check with your personal and professional network. Emily Kessler from The Big Quiet taps into her own social circle when looking for sponsors. 鈥淚 think having personal contacts and relationships is really important, as many companies have lots of levels to get to a decision-maker,鈥 she says.

Believe in what you鈥檙e offering

The more passion you pour into your event or cause, the more sponsors will want to get on board. Take some time to figure out your 鈥渨hy鈥. Once you flesh out the purpose, you鈥檒l be able to communicate the benefits of your event to sponsors.

Check out who鈥檚 sponsoring what

Take a peek at your competition and see who鈥檚 sponsoring them. Targeting these brands is a no-brainer because they are already interested in supporting similar events. Another benefit? 鈥淭hese sponsors may also have clearer objectives and learnings that can be leveraged by you,鈥 Tuffuor says.

Spend time on your event listings

Your event listing is your chance to sell your event to attendees and sponsors. Ensure you include as much information as possible and follow event listing best practices. This could mean adding high-quality photos, videos, and a catchy event description. Ensure the tone of your listing aligns with the brand voice of the sponsors you want to attract.

Nailing your sponsorship proposals

Writing event sponsorship proposals can be a make-or-break opportunity. Make your proposal compelling and persuasive, and communicate the value of your event to sponsors. Don鈥檛 know where to start? These tips can help.

Create customized decks

Create a sponsorship proposal tailored to each potential sponsor. Your proposal should outline your event 鈥 in relation to them and their values. To drive home the message, include how your event will help support their brand. Don鈥檛 forget to include your history, like key performance indicators and testimonials.

Consider an advisory board

Add some muscle power with an advisory board. This strengthens your credibility with potential sponsors and shows you mean business. If you don鈥檛 have the personnel on your existing team, no problem. Tuffuor says that surrounding yourself with expert advisors is enough to impress sponsors and make them want a piece of the action.

Improving your sponsorship packages and benefits

To reel in sponsors, you have to make the offer juicy. Below are a few ways to sweeten the deal.

Don鈥檛 just chase money

Sponsors can offer more than financing. In-kind sponsorship is just as valuable and can help your event run smoothly. For instance, giving away sponsored products at your event could help drive attendance and give you more leverage when setting ticket prices.

Get creative with your marketing real estate

Don鈥檛 be afraid to think outside the box when displaying your sponsor鈥檚 logo. What鈥檚 the most unique tactic Tuffuor has witnessed? 鈥淚鈥檝e even seen bars etch [鈥 ice cubes in attendees鈥 cups with sponsors鈥 logos,鈥 he says. There鈥檚 no limit to the brand activations you can use at your event.

What should you offer your event sponsors?

Sponsors want to know what鈥檚 in it for them. Offer potential sponsors exposure to a wide audience, including advertising space or product placement. Or, offer sponsors the chance to generate leads and customers by providing exclusive discounts on products and services.

Whatever your offer, it must be something your potential sponsor can鈥檛 resist. For more ways to appeal to sponsors, check out our guide for spotlighting sponsorships.

Sponsors love registration data

More tangible things like attendee demographics and engagement metrics are enticing offers for sponsors. With 91国产, you can collect as much data from customers as possible. For instance, if you鈥檝e secured a sponsorship with a watch brand, you can add customized checkout questions like 鈥淎re you in the market for a new watch?鈥

Making contact with event sponsors

You鈥檝e identified potential sponsors and laid out the benefits your event can bring them 鈥 but how can you get in contact? Below are tips to help to reach out to sponsors and make an excellent first impression.

Patience is key

Getting sponsorships can take time. Your potential partners need to evaluate the value of your offer and make a decision. They may need to secure a budget and get internal approval. We recommend reaching out to potential sponsors as early as possible 鈥 ideally 6-12 months before your event.

Leverage LinkedIn

Scour LinkedIn for titles such as Sponsorship Manager, Brand Manager, or Regional Marketing Manager. Try to get into the right inbox, but don鈥檛 lose hope if you don鈥檛 get a response. Once you鈥檝e scored the right contact, send personalized sponsorship emails to grab their attention.

Research your recipient

So that your message stands out, do some research and customize your message. Avoid stock phrases like 鈥渉ope you鈥檙e doing well鈥 as this can seem insincere. Instead, include a sentence or two that shows you鈥檙e familiar with the recipient鈥檚 company or role. For inspiration, check out these 8 email templates for event sponsorships.

Choosing your sponsors

The right sponsor can make all the difference for your event. Here are a few ways to narrow down your choices and find the perfect match.

Align in authentic values

You want to choose a sponsor that has similar values to your event. This creates a more genuine experience for attendees, increases brand loyalty, forms lasting partnerships, and ensures the sponsor鈥檚 message resonates. It will also help your vision come to fruition. 鈥淒on鈥檛 let the sponsor derail your plans or change the vision for your experience just because they have funding that you may need,鈥 advises Tuffuor.

Kessler encourages creators to align with brands that support their purpose. She says, 鈥淲e like to work with brands that feel really authentic to who we are and what we do.鈥

What questions should you ask a sponsor?

Here are a few questions to help you find the ideal sponsor:

Securing sponsorship for an event

After you鈥檝e found your perfect match, it鈥檚 time to iron out the logistics. Here鈥檚 what you need to do to secure the sponsor for your event.

Draft professional contracts

A well-drafted sponsorship contract can help prevent misunderstandings or disputes that may arise during the event planning and execution process. It also helps to have a special termination clause as a comfort for your sponsor. 鈥淩elying on a standard force majeure or termination clause may not be sufficient in this new climate, especially after a lot of sponsors may have gotten burnt from event cancellations in 2020,鈥 says Tuffuor.

Make sure you have the right materials

Ask for specific brand guidelines on how to use their logos. For example, some alcohol brands may have strict guidelines on where their logo can be placed.

Pro tip: Avoid pulling logos from the internet, which may be a lower resolution or outdated.

Communicate consistently

Set up regular meetings with sponsors to share updates as you get closer to the event. This allows everyone to stay informed about the event鈥檚 progress and address concerns that may arise.

During a sponsorship meeting, you may discuss:

Event sponsorship tips for after the event

After you鈥檝e organized a successful event, it鈥檚 time to reflect and check in with your sponsors. But what ground should you cover? Below are some things to gather when you meet with sponsors post-event.

Prove that you鈥檝e met your goals

Recap, debrief, and share important stats that show you delivered their return on investment. Below are a few ways you can measure the success of a sponsorship:

Track these brand activation metrics using various tactics, including radio frequency wristbands, social media interactions, event apps, and surveys.

Set yourself up for success

Finding a sponsor doesn鈥檛 have to be complicated. 91国产 has everything you need to create the best event sponsorship strategy. Ready to host a sponsored event for the ages? Start with a listing.