Quick Answer: What Are The Different Levels Of Sponsorship?

What should be included in a sponsorship package?

At the very least, your event sponsorship package should include the following:Information about your organization.

Describe the event.

Provide a general description of the benefits of sponsorship.

Make sure that you provide details with respect to specific sponsorship levels, the cost, and the rewards for sponsorship.More items…•.

How do you get sponsorship levels?

The 6 Top Tips to Create Effective Event Sponsorship LevelsDetermine the funds you will need in order to produce the event. … Create a list of sponsor benefits and deliverables that you can provide. … Decide on the sponsorship level names and assign a dollar value. … Assign benefits packages to each level. … Make a list of how sponsors will benefit from your event.More items…•

What is sponsorship for an event?

An event sponsor is a company that supports an event, usually by providing funds, in exchange for something valuable. Oftentimes this “something valuable” comes in the form of increased brand exposure, access to attendee data, speaking opportunities at the event, or discounted event tickets.

What are the disadvantages of sponsorship?

Disadvantages of Sponsorship for the Sponsors: Sponsorship is powerful advertising. Sponsoring unsuccessful events or teams will not be beneficial to the sponsor, particularly if the team loses a lot of matches or an individual is injured or unable to play.

What is the highest level of sponsorship?

Platinum Sponsors provide $7,500 or more to the organization. Platinum level sponsorship offers the sponsoring company the highest level of visibility. As a Platinum sponsor, your company will have your logo and a company description along with a link to your company’s web site.

How do you ask for sponsorship?

Have a great sponsor proposal.Start with a story. It could be your story, or the story of someone whose life you changed. … Describe what you do. This is your mission statement. … Benefits. … Describe your demographics.Create an advisory board. … Ask for the money. … Promise deliverables. … Don’t sell yourself short.More items…•

How much do sponsors usually pay?

While not many local organizations have starting sponsorships at this level, as an “average price,” we find that $750 per opportunity works pretty well. It allows businesses the flexibility to sponsor organizations at the $1000 level, as long as they’re balanced out by some $500 sponsorships.

What does a sponsor get in return?

Sponsors offer funding or products and services to support events, trade shows, teams, nonprofits, or organizations. In exchange, you get business exposure and a chance to connect with new customers. If you’re looking to stretch your marketing budget, here are 10 reasons to sponsor an event.

What level is higher than platinum?

The award levels are Silver (20,000+), Double Silver (40,000+), Gold (75,000+), Double Gold (150,000+), Diamond (200,000+), Platinum (400,000+) and Double Platinum (800,000+).

How do I write a sponsorship package?

Key Elements In Your Sponsorship PackagesThe Introduction. First, tell your potential sponsors clearly who you are and what you want. … What’s In It For Them. … What Do You Offer. … Your Call to Action. … No Generic Sponsorships. … Allow Package Customization. … Include Sponsors in Your Planning.

What benefits do sponsors get?

What Are The Benefits Of Event Sponsorship?Return on investment (ROI)Audience insights.Direct access to ideal customer profile (ICP) data.Lead generation.Social media/website traffic/focused content strategy.Opportunities for sales closes with warm prospects.Highlighting a product or service offering.Brand building.More items…•

What are the three types of sponsorship?

Financial sponsorships: Involves cash donations. In-kind sponsorships: Involves products or services. Media sponsorships: Involves financial sponsors that secure advertising for a cause or event.

What is a sponsorship strategy?

WHAT IS SPONSORSHIP STRATEGY? According to Optimy, a strategy is a plan that helps sponsors identify the processes that need to be taken in order to achieve the desired future for their brands. Sponsorship is more and more recognised as a go-to marketing communications tool.

How much money is a platinum record worth?

A platinum single makes between $800 and $500.000. A Platinum single means that a certain number of the track were sold, also the amount the artist makes depends on their contract with the music company.

What is tiered sponsorship?

Tiered sponsorship packages are the most common type of sponsorship offered. For this package, you need to create several levels that offer more and more benefits with each sponsorship level.

Is Platinum better than gold?

Platinum is Stronger and More Durable Though both gold and platinum are strong and durable precious metals, platinum is the stronger and more durable of the two. For example, the prongs holding the center stone of a platinum engagement ring are less likely to break then those of a gold engagement ring.

Who has a Diamond album?

More Entertainment Stories: Garth Brooks holds the record for most diamond-certified albums, with nine. Others with three or more albums that have reached diamond status include The Beatles, Led Zeppelin, Shania Twain and the Eagles.

What is title sponsorship?

Title sponsor characterizes the most significant contribution to a company in organizing and hosting an event. … If necessary, the status of the general sponsor may be supplemented by the general sponsors for certain categories, as well as the main sponsor. Team sponsor provides funds for individual teams.