Mastering Event Sponsorship: 5 Strategic Steps to Take Before Writing Your Proposal
So you want to write a winning event sponsorship proposal? Follow these 5 steps to build a solid foundation for a compelling pitch that’s sure to win more sponsors.
Pro Tip: Always be systematic and strategic with your approach to sourcing sponsorship.
In today's competitive landscape, event planners face increasing pressure to win more sponsors, and you’ve likely felt this firsthand.
The days of winning new sponsors with a few phone calls and a handshake are long gone. Now there are more events competing for fewer sponsorship dollars. So, in a world where every detail matters and every pitch is scrutinised, it's crucial to adopt a strategic approach right from the start.
💡Pro Tip: Crafting a compelling event sponsorship proposal involves more than just writing; it requires thorough preparation and thoughtful planning. To ensure your proposal stands out and resonates with potential sponsors, you need to lay a solid foundation before you hit "send."
How do you take action?
Follow these five strategic preparation steps to set yourself up for success. Read through our steps and reflect on your current process: Are you setting yourself up to win valuable sponsorship deals? What areas could be improved?
Strategic Steps to Perfect Your Sponsorship Pitch
Step 1: Identify Potential Sponsors
Begin by compiling a list of companies whose goals, audience, and values align with your event. The success of your sponsorship partnerships hinges on how well these potential sponsors mesh with your event. A perfect match will foster a productive and beneficial relationship for both parties.
Step 2: Determine Compatibility
Next, evaluate your list to determine how closely each company aligns with your event’s mission and audience. Ask yourself: How well do these sponsors fit with our event and our core values? Rank them from least to most compatible based on this synergy, ensuring you focus on those who are most likely to engage positively.
Step 3: Understand Your Audience
Dive deep into audience research to uncover what resonates with them, their preferences, and their motivations for attending your event. Prioritise pitches to brands and companies that strongly appeal to your audience and can deliver value that aligns with their interests and needs.
Step 4: Clarify Your Offer
Sponsorship is a two-way street. Sponsors are looking for significant returns on their investment, so it’s crucial to clearly define what they will gain from supporting your event. Your proposal should emphasize the mutual benefits, showcasing how the partnership will be advantageous for both parties, rather than focusing solely on your needs.
Step 5: Find the Right Template
Choose a sponsorship proposal template that is both professional and succinct. From our experience, a proposal should be straightforward and avoid unnecessary complexity. A clear and concise template will help you communicate your pitch effectively and make a strong impression.
Which Templates are Right for You?
When it comes to choosing your event planning tools, remember to choose templates that best align with your event requirements, and your unique needs and style of event planning. Always choose the right event templates for you.
With Event Kit, you get access to our library of over 150 ready-to-use event templates and tools made for easy event planning. Event Kit templates are designed to help you streamline your processes, stay organised, and deliver remarkable events.
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Event Sponsorship Template Bundle
Start using our Event Sponsorship Template Bundle and experience the peace of mind that comes with confident sponsor management. But don’t take my word for it. See what event planners around the world are saying about our Event Kit templates:
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These templates saved me a lot of time not having to create my own…Would definitely recommend to any new or experienced event planner.
–Leanne Allicock, LA Event and Photo
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I'm so thankful you’ve created your resources and templates. It’s hard creating everything from scratch, so having something already done that you can tweak to your own needs is a godsend!
–Casey Bonacci, Bonacci Agency
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