A friend calls you to sponsor an event. Your firm has funded similar events. The date works. The price is reasonable. You value the cause. You like the friend. You’re happy to return a favor. The audience will include “your people,” that is staff, volunteers, and people in the audience whom you want to reach with your business message.
Yet you hesitate. You want to be strategic with your philanthropic-marketing. Should you say yes here? To give event sponsorship requests the thumbs up, you need to make a decision.
Events are unforgiving. Fail to act in their moments and your return will only be a warm glow about your firm immediately. A glow that is likely to quickly diminish as it hits the blender like a whirl of other messages. In contrast, sticky events include at best a before, during, and after plan, or at the very least some intentional actions to make your sponsorship stick.
Here’s your decision: Will you invest the resources you have to make this sponsorship stick?
Sticky Sponsorship Examples
Here are some ideas of what I mean by sticky.
You forward event emails to prospects with “hope to see you” notes. You invite people to sit at your table. You decide how you respond to all the benefits offered with the sponsorship, such as creating interesting table brochures. You promise to connect with friends and customers at the event. You request the attendee list in advance, decide whom you’d like to met, and ask for introductions.
You arrive early. You leave late. You keep two goals in mind. First, you take a host’s role—that is, you greet lots of people. Second, as you meet people of interest, you establish a next step, such as, “Let’s have coffee next week.” You collect their contact information.
Within forty-eight hours, you send “nice to meet you” notes to everyone you enjoyed meeting. You confirm and set meetings. As appropriate, you send something of value related to your numerous conversations. Before you put away your paperwork, you note your results. Was the audience as promised? What was successful? What was unnecessary? How many contacts were made? How many follow-up meetings were set? At this point, it will still be too soon to tally the final results—some may come weeks or even months later, but you will be able to note intelligent impressions and data. These will help you decide on encores. (You said yes. Expect to be contacted for the next event!)
Make your sponsorship stick. When you say yes to sponsorships, decide on your before, during, and after sticky plan.
Karen Eber Davis Consulting guides executive directors and CEOs to generate the resources, boards, and support they need to make remarkable progress on their missions. As the award-winning thought-leader, advisor, and founding principal of Karen Eber Davis Consulting, Karen helps nonprofit leaders get answers, generate revenue, and grow their mission. Davis is known for her innovation and practicality based on her work with or visits to over 1,000 nonprofit organizations and her experience leading board and team events. She is the author of 7 Nonprofit Income Streams and Let's Raise Nonprofit Millions Together.