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How to Collect Corporate Sponsors 
 
by Catherine Brock May 19, 2005

How Can Sponsorships Help Me?

Anyone who is in a public position of influence, no matter how small scale, has the ability to partner with a corporate sponsor. Direct access to consumers, particularly consumers who are united around a specific interest, is valuable to companies with products and services to sell. If the event in which you participate is covered by the local cable channel, newspaper, or special interest magazine, your chance of securing a sponsorship is even better.

Big sponsorship dollars are reserved for unusually high-profile competitors–for example, teen snowboarding phenoms or championship hot rod drivers. For the rest of us, sponsorship compensation will likely be free or discounted product from the supporting company. Skateboarders need protective gear, wheels, and other accessories. Marathon runners need athletic shoes and sportswear. When you're buying gear or equipment anyway, sponsorships can reduce your out-of-pocket costs.

One thing to keep in mind: if you are competing in amateur sports events, you may be subject to restrictions on the acceptance of money or product from sponsors. Research this thoroughly before pursuing any corporate relationships. Start by checking your rule book or asking the governing organization in charge of the events.

Choosing Companies to Approach

Without an organized framework, the sponsor search can be complicated and time-consuming. Your highest probability targets are those companies that provide products or services related to your activity or interest. What companies want from their sponsees (that's you) is access to people who are potential purchasers of their products or services. For example, a tofu company wants access to vegetarians and a baby stroller retailer wants access to pregnant women. Conversely, a wheelchair manufacturer has no interest in triathletes.

A few basic tips will help you focus in the right direction:

  • Think about the activity in which you participate and make a list of the products/services you use. If you train or prepare for events, include the products/services you use in training as well.
  • Think about your fellow sportsmen or hobbyists. How are they similar? Do they enjoy certain activities together? For example, fine wine enthusiasts often enjoy gourmet foods as well. Make a note of those activities and what types of products and services they require.
  • Think small. McDonald's and Coke aren't potential targets. Instead, look in the phone book for local, independently-owned companies that either make or supply the types of products you use.
  • Think about the people you know. If you know any small business owners, talk to them about the programs they use to grow their businesses. They just might be interested in partnering with you.

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