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The approach you need to make a winning sponsorship proposal

01 Jun, 2020 Sponsorship

The secret to successful sponsorship proposals is to invest the time to get to know your prospects and what they want. You need to do your homework!

If you are seeking to land a major sponsorship, the odds are you will have to work hard to get it and provide good value for money to the sponsor. If you are not prepared to work hard with your preparation, then don’t waste your time! Easy money doesn’t come along even if you have a good cause. Sponsors want to get their hard-earned money’s worth. You need to put a convincing business case to them – and then honor your promises by providing them with good commercial value for their investment.

You need to develop a tailored sponsorship package for each individual prospect. This will get your foot in the door.

As a former corporate affairs manager, I used to get dozens of these standard offers every week. They wasted so much of my time because those sponsorship seekers had made no effort to find out what we actually wanted from our sponsorship commitments.

In essence, you are selling a marketing product and you have to show your value by knowing what your customer (sponsor) wants, work out what you can do to match their needs and develop a proposal that competes strongly with all of the other groups who are chasing sponsorship.

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How to Win Corporate Sponsorship How to Win Corporate Sponsorship

About the author Kim Harrison

Kim Harrison loves sharing actionable ideas and information about professional communication and business management. He has wide experience as a corporate affairs manager, consultant, author, lecturer, and CEO of a non-profit organization. Kim is a Fellow and former national board member of the Public Relations Institute of Australia, and he ran his State’s professional development program for 7 years, helping many practitioners to strengthen their communication skills. People from 115 countries benefit from the practical knowledge shared in his monthly newsletter and in the eBooks available from cuttingedgepr.com.

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