5 SECRETS FOR MAKING BIG TIME SPONSORSHIPS...
Transcript of 5 SECRETS FOR MAKING BIG TIME SPONSORSHIPS...
5 SECRETS FOR MAKING BIG TIME SPONSORSHIPS WORK
ASCENSION GROWTH & INNOVATION STRATEGIES
BIG TIME SPONSORSHIPS ARE EXPENSIVE INVESTMENTS
V I T A M I N F R E S H . N E T
IN 2015, US BASED COMPANIES SPENT $21.4 BILLION ON SPORTS, ENTERTAINMENT
AND CAUSE RELATED SPONSORSHIPS
V I T A M I N F R E S H . N E T S O U R C E : I E G
HOW MUCH OF THE $21.4 BILLION INVESTMENT HAD A DIRECT + MEASURABLE BUSINESS IMPACT
FOR THE SPONSORING COMPANIES?
V I T A M I N F R E S H . N E T
OBJECTIVE E V A L U A T I O N I S K E Y T O M A K I N G I N F O R M E D
G O / N O - G O D E C I S I O N S
V I T A M I N F R E S H . N E T
H E R E A R E K E Y S T E P S
T O E N S U R E W E L L P L A C E D
S P O N S O R S H I P I N V E S T M E N T S
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E V A L U A T E S P O N S O R S H I P E X P E C T E D BENEFITS - N O T Y O U R E M O T I O N A L
F E E L I N G S A B O U T S P E C I F I C P R O P E R T I E S
V I T A M I N F R E S H . N E T
Ensure logical links between your product(s) + sponsored property
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I D E N T I F Y O B J E C T I V E W A Y S T O T I E T H E S P O N S O R S H I P B A C K T O K E Y
BUSINESS DRIVERS
V I T A M I N F R E S H . N E T
Be ready to "activate" the sponsorship with meaningful marketing support
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S P O N S O R S H I P C O S T S A R E T Y P I C A L L Y A SMALL PORTION O F T H E T O T A L
S P O N S O R S H I P B U D G E T
V I T A M I N F R E S H . N E T
B E W I L L I N G T O INVEST I N B R I N G I N G T H E S P O N S O R S H I P T O L I F E I N K E Y
C U S T O M E R C H A N N E L S
V I T A M I N F R E S H . N E T
Be sure someone has primary internal responsibility for managing the sponsorship
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S P O N S O R S H I P A C T I V A T I O N P R O G R A M S A N D F O L L O W U P R E Q U I R E INTERNAL
DEDICATION + ACCOUNTABILITY
V I T A M I N F R E S H . N E T
Establish + measure key product metrics relative to sponsorships
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C O N S I D E R P R O D U C T R E L A T E D METRICS ( V I S I T F R E Q U E N C Y & R E P U R C H A S E C Y C L E S )
I N Y O U R A C T I V A T I O N P L A N N I N G
V I T A M I N F R E S H . N E T
helps companies understand
the impact of promot ional sponsorships
on target audience purchase behavior
ASCENSION
A S C E N S I O N S P O N S O R I M P A C T℠
U S E S P R I M A R Y R E S E A R C H +
A N A L Y T I C S T O H E L P C O M P A N I E S
M E A S U R E S P O N S O R S H I P R O I
ASCENSION GROWTH & INNOVATION STRATEGIES
T H A N K Y O U
ASCENSION GROWTH & INNOVATION STRATEGIES
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