Everywhere you look, you see top ten lists this time of year. So, I figured, what the heck. Here are the most popular posts, based on feedback, tweets, pings, comment, etc. I hope you enjoy reading them as much as I enjoyed writing them!
Like these blogs? Please, share them with your colleagues!
You can also let me know if you have any suggestions for 2010 – kimsblog@powersponsorship.com. I look forward to hearing from you!
10. What I Learned about Sponsorship from my Boxing Coach
After close to a month off, I was back in the boxing gym yesterday and wow, am I sore today. Actually, it’s not the muscles I use for punching that are sore, it’s the back muscles I use for recoiling after a punch and getting ready for the next one. I was explaining this to a friend and used a line my coach has said to me countless times:
It’s not how hard you hit. It’s how accurate you are and how fast you can hit them again.
As I said the words, I realised how pertinent that concept is for sponsorship (but without the hitting).
Best practice sponsorship is built around the idea of win-win-win. The third “win” is for the target markets. The goal with best practice sponsorship is that a large proportion of the target markets should receive small, meaningful benefits through a sponsorship, not just the chance for one person to receive a giant prize… [more]
9. Corporate Sponsorship Lies (and What They Really Mean)
This industry is full of little white lies. Sponsors and sponsorship seekers alike are guilty of telling them – some because you want to be nice, others to deflect blame. Whatever the reason, it’s not helping anyone. So, consider this your primer on the real meaning behind some of the industry’s most common little white lies.
THE LIE “We aren’t renewing because we didn’t get a good return”
THE TRUTH: “We leveraged and/or selected the sponsorship so poorly that we didn’t get a good return”
THE FIX: Stop passing the buck and take responsibility for it going wrong. That’s the only way you’re going to be able to learn from it and do it better next time.
It’s not a sponsorship seeker’s job to get you a return. It’s their job to provide you with the raw materials – the benefits and target markets – so that you can leverage it to get a good return. If you selected poorly, that’s not their fault. If you agreed to a package with benefits that aren’t appropriate to your needs, that’s not their fault. And if you didn’t leverage well, that is also not their fault… [more]
8. It’s Not the Size of the Sponsorship, It’s What You Do with It
“Our event is so small, but we really need sponsorship. How do we get big sponsors interested?”
“We sponsor a great little organisation, but their reach is so small, how do we make this work for our brand?”
Good questions. Important questions. And questions I hear a lot. Fortunately, the answer isn’t really that complicated. Here’s the thing – and it’s equally important for both sponsors and sponsorship seekers:
It’s not the size of the property that matters,
it’s the relevance to the sponsor’s target markets.
Let’s just say for a moment that you’re a new sponsorship or brand manager, and when you review the portfolio, you see that your company is sponsoring a depression charity in one state or city (take your pick). Your first impression might be, “We’re a national brand. What am I supposed to do with this?” But you’d be overlooking a potentially great opportunity… [more]
7. For Maximum Impact, Forget the Event, Concentrate on the Event Experience
Sponsors, have you ever lamented that some of the events you sponsor only last a day, a weekend, or a week? Wondered how you were ever going to leverage enough or establish enough relevance to justify the investment in that short timeframe? Have you ever felt hamstrung by the limitations of the event or your sponsorship level?
Sponsorship seekers, do you wonder how you’re going to sell enough sponsorship to an event or program that only attracts a few hundred or a few thousand attendees? How to juggle all of your sponsors’ various agendas within the scope of your event without overcommercialising it?
Here’s the trick: Stop talking about the event and concentrate on the event experience. (Geez, did I give it away in the title?)
The event – and I’m using that term generically to refer to whatever you are sponsoring or selling sponsorship of – is usually finite. It happens in a particular place during a particular timeframe with x number of people there and, depending on what it is, possibly a larger audience participating via the media. It’s limited, often crowded and cluttered, and to stand out, many sponsors resort to being loud and annoying, rather than meaningful and relevant… [more]
6. Sponsorship Sales Rule #1: Sell What Sells, Not What You Need Money For
Every day, my inbox fills with messages from people who want advice about selling sponsorship. There is nothing wrong with that – I’m happy to hear from you! The issue is that many, if not most, of those sponsorship sales efforts are destined to fail. They are trying to sell the impossible.
When it comes right down to it, not everything you need money for is sponsorable. Some of the things that you have to do, because you are the kind of organisation you are – listen closely all you non-profits out there – do not have enough commercial appeal to attract sponsors.
I am not for one second saying that you shouldn’t do those events or programs, just that seeking sponsorship for them is unlikely to be successful, so you need to shift to Plan B – a much easier and more realistic way to raise the money you need… [more]
5. 12 Steps: A Sponsorship Seeker’s Guide to the Recovery
I did “12 Steps: A sponsor’s guide to the recovery” and it seemed to have struck a chord, so here is the other side.
As noted in the previous blog, our industry is looking up. There is some breathing room. In some places, the economy is on the upswing. In others, sponsors shifting out of their holding patterns, adjusting to the current economic conditions, and realising that sponsorship is still a very valuable marketing tool.
For sponsorship seekers, this is great news. But before you go all giddy with excitement, you need to know that sponsors are going to be smarter, more sophisticated, and more demanding than they have ever been. The bar is set high, and if you want to be part of this recovery, you need to have an approach and skills that are at that level.
So with a reverent nod to the practical steps pioneered by Alcoholics Anonymous and other recovery organisations, I have created a 12 Step Guide to the Recovery for Sponsorship Seekers… [more]
4. 12 Steps: A Sponsor’s Guide to the Recovery
When the global economy stopped sputtering and tumbled into a full-blown recession, the sponsorship industry took its biggest hit in my 24-year career.
- Some sponsors stopped all new investments.
- Some sponsors dropped every sponsorship they could.
- Some sponsors dropped every sponsorship they should have dropped years ago.
- Some sponsors decided to go “stealth”, underplaying their investments so as not to look ostentatious.
- Some sponsors halted, or at least minimised, leverage spending.
- Some sponsors re-evaluated everything and started fresh.
- Some sponsors stayed the course.
Although I’m a bigger fan of some of these strategies than others, whatever your company decided to do, I’m sure it was driven by some combination of necessity and politics… [more]
3. My Favourite Resources for Sponsorship Professionals
My blog is usually full of advice, a few opinions on hot industry topics. What I’d like to do this time is provide a list of some of the resources and tools I rely on to get good information on corporate sponsorship.
ABI/Inform Full-Text Online
This is an essential (and free) resource for people in this industry. I could not be effective in my job without it. You can enter – Google-style – keywords and it will search the full text of articles on thousands of business publications around the world and bring you back the whole articles. You can mark the ones that are interesting to you and e-mail them to yourself. The kind of things you will find… [more]
2. The “Designated Problems” of the Sponsorship Industry
I was recently reading an article in a decidedly non-business magazine. It was about “designated problems”, and the premise was that people who may have a whole host of emotional or physical issues sometime focus on just one of them and miss the underlying causes altogether. An example would be a person who is focusing relentlessly on her insomnia and missing (or ignoring) the anxiety and depression disorders that are behind it.
As I was reading the article, I thought how this whole idea related to the sponsorship industry. Both sponsors and sponsorship seekers hang onto their “designated problems” while overlooking or conveniently ignoring the real issues. And while any given organisation may have their own version of a “designated problem”, there are two that I’m seeing over and over.
The “designated problem” for sponsors
Without any question, the most prevalent “designated problem” for sponsors is measurement. They search for formulas, they hire logo counters, they do reports all about the mechanism of various sponsorships and then complain that the problem with sponsorship is that it’s impossible to accurately measure the results.
Here’s the thing: Measurement is not the problem. Leverage is the problem. If sponsors took a best practice approach with their leverage programs, measurement would be easy… [more]
1. Six Signs a Sponsor is Just Not That into You
Okay, so I’m sitting on the couch watching the fun chick-flick, “He’s Just Not That Into You” while my husband is out with his buddies. I’m loving it. Too rare.
As usual, I can’t stop thinking about sponsorship. So, I think to myself, there are a few signs that sponsorship seekers consistently miss that could tell them that a sponsor just isn’t that into them. So, brace yourself for the cold, hard truth about how to read the signs so you can let it go, and move on to something more fruitful.
They tell you to “just send in a proposal”
This is a sponsor saying “leave me alone”, without being rude.
In actual fact, it’s unintentionally cruel, because it gets the sponsorship seeker’s hopes up, when they have little or no realistic chance at a deal. Why do I say that? Because if the sponsor was interested, they would want to keep talking to you – ensuring that you know everything you need to know in order to create a great proposal for them… [more]















































