Quick Answer: How Much Should I Ask For Sponsorship?

How much money do you get for being sponsored?

In general, here are a few very rough estimates to get you started: If you’re brand new and still building a following (but do have an audience), $20-100 is a good starting point (depending on what goes into the sponsorship — see below) If you have an established, engaged audience, $75-250 is a good place to start..

How do you ask for sponsorship?

You should use the right structure or it won’t look professional.Start the letter with the date, and then the sponsor’s name and address.Then, after a space, put the salutation: Dear (Name of the person) and a comma.Keep it short. Keep the sponsorship letter on one page. … Send it snail mail.

How can I apply for sponsorship?

Making an applicationYour details. Name. Company. Telephone number. Email address. Postal address.Brief details of the sponsorship. Please provide very brief answers to these questions: Name of your sponsorship/event. A one-line description of the sponsorship/event. The fee being sought, inclusive of all taxes.

What benefits can you offer sponsors?

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…•Dec 12, 2018

What companies offer sponsorships?

The List of Top 60 Corporate Sponsors in the U.S.Wells Fargo – 2.89%Marriott – 1.63%Dick’s Sporting Goods – 1.39%Whole Foods Market – 1.3%State Farm – 1.07%Pepsi – 0.98%US Bank – 0.97%Bank of America – 0.92%More items…

What are the 3 types of sponsorship?

Types of sponsorsFinancial Sponsors. These sponsors provide direct financial support to an event and sometimes are called cash sponsors. … In-kind sponsors. Instead of investing cash as financial sponsors, in-kind sponsors provide goods or services to an event. … Media sponsors. … Promotional sponsors.Mar 3, 2020

How much should you ask from a sponsor?

Don’t sell yourself short. Ask for $10,000 to $100,000 from each sponsor.

How do you ask a company for sponsorship?

How to Get Local Businesses to Sponsor Your EventKnow who to ask. Use your inner circle to find the best leads to potential sponsors. … Learn how to make a pitch. … Know your talking points. … Be clear. … Be open. … Think big. … A “no” is not a rejection. … Build your relationship.More items…•Mar 4, 2016

How do I find a sponsor?

Attend 12-Step Meetings. When trying to find a sponsor, the best place to start is at a 12-step meeting. … Ask About Experience. Ask the prospective sponsor who long they’ve been sober and in the 12-step program. … Avoid Romantic Interests. … Pay Attention. … Make Sure They’re Available. … Choose a Trustworthy Person. … Avoid Downers.Jul 31, 2019

How do you deal with sponsors?

Eight ways to get a sponsorship deal off the groundSponsorship isn’t about you! … Sponsorship proposals should focus on benefits. … Get the right fit. … Internal buy-in is key. … Look beyond logo placement. … Understand your sponsor. … Account management. … Get help.

How can a company determine whether the price of a sponsorship is fair?

After compiling enough research on your competitors, you can determine the estimated market rate value for your assets based on the average or median cost per attendee. The market rate of your sponsorship assets provides a baseline price that informs how much you’ll charge each sponsor.

How much should a sponsor pay for an event?

At small, regional events, you may be able to find sponsorship opportunities ranging from $500 to $5,000. The value you get from those sponsorships is up to you to determine. If you are interested in sponsoring larger activations where the exposure is much greater, the cost is also exponentially greater.

How do I write a sponsorship proposal?

Sponsorship Proposal Strategies for Events and Non-ProfitsStep 1: Open your letter with a professional header. … Step 2: Describe yourself or your organization. … Step 3: Explain how a sponsor’s support of you is beneficial to them. … Step 4: Write a closing paragraph. … Step 5: Include a Sponsorship Proposal and Sponsorship Fact Sheet.More items…

Do you have to pay sponsors back?

Among the many marketing strategies that a company can use to promote its products and services, sponsorship is one of the few that has the potential for huge payoffs. … The bonus is that once a sponsor invests in your brand, it’s free money that you don’t have to pay back.

What should I offer in return for sponsorship?

Once you’ve attracted sponsors, try one of these ideas to make your sponsorship packages even more attractive to donors.Illuminated Smart Wall + Social Media. … Charging Station. … Game Lounge. … Video Interviews. … Naming Rights. … Sponsor a Party. … Sponsor Live Streaming. … Creative Matching Opportunities.