Rethinking Sponsorship Perks
Moving Beyond Brand Recognition for Big Brands
Are you still telling big brands that a potential sponsorship for your event could increase brand recognition? It’s time to think again. The traditional approach of offering brand recognition to big brands may no longer be the most effective strategy.
Truth is, big brands already have the recognition, so this offering is not necessarily appealing to them. Big brands have already invested heavily in building and maintaining their brand image. When sponsors offer additional brand visibility as a key perk, it risks falling into the background noise. In a sea of logos and advertisements, how much impact can one more logo truly make?
The Quest for Differentiation
What sponsors should focus on is providing value that goes beyond what big brands already have. Instead of contributing to the oversaturation of logos, consider offering perks that set your sponsorship apart and contribute to a more meaningful partnership. Differentiation is key in capturing the attention of both the audience and the sponsor.
Alternative Perks that Speak Volumes
Exclusive Experiences:
Provide big brands with exclusive access to events, backstage passes, or VIP experiences. This not only enhances their association with the event but also creates unique memories that resonate with their audience.
Content Collaboration:
Encourage collaboration on content creation. This could involve joint social media campaigns, co-branded content, or even exclusive behind-the-scenes footage. By weaving the sponsor into the fabric of the event, you create a narrative that goes beyond mere logo placement.
Data Insights:
Big brands are always on the lookout for valuable data. Offer them insights into the audience demographics, engagement metrics, and post-event analytics. This information can be invaluable for refining their marketing strategies.
Innovative Technology Integration:
Explore opportunities for innovative technology integration. Whether it's virtual reality experiences, interactive displays, or gamification, incorporating cutting-edge technology can make the sponsorship more memorable and engaging.
Community Engagement Initiatives:
Align sponsorship with community-centric initiatives. This not only enhances the brand's corporate social responsibility but also establishes a genuine connection with the audience.
In the ever-evolving world of sponsorship, it's crucial to move beyond the conventional offerings. Big brands need more than just logo placements to justify their sponsorship investments. By exploring alternative perks that provide unique value, sponsors can create a more authentic and engaging partnership that resonates with both the brand and the audience.
Not sure where to start when it comes to finding potential sponsors and marketing them? Check out our consultation page to book some time if you are interested in learning more.