Sponsorship is the fastest growing form of marketing in the U.S. especially in the trade show arena. With this in mind, you can find unlimited opportunities to broaden your competitive advantage by increasing your credibility, image and prestige in sponsoring events attracting your target market. Some trade show promotional opportunities include sponsorship of the press room, an international lounge, a speaker or VIP room, an awards reception, educational programs, banners, badge holders, audio visual equipment, display computers, tote bags, shuttle buses, napkins and drink cups.
So, why should your company be interested in sponsorship? When done well, it offers significant opportunities for distinct marketing and competitive advantages, as well as showing support of the event.
What is sponsorship? Sponsorship is the financial or in-kind support of an activity, used primarily to reach specified business goals. “Sponsorship should not be confused with advertising. Advertising is considered a quantitative medium, whereas sponsorship is considered a qualitative medium. It promotes a company in association with the sponsee.” A large number of events these days use sponsorship support to offer more exciting programs and to help defray rising costs. Sponsorship allows you to reach specifically targeted niche markets without any waste. In addition, it is a powerful complement to other marketing programs, in addition to having a dramatic influence on customer relations.
Why sponsor?
Sponsorship offers the possibility of achieving several goals at once. Special Events: Inside and Out, a company can benefit from sponsorship in many ways, such as:
Enhancing Image/Shaping Consumer Attitudes
Driving Sales Creating positive publicity Every sponsor is seeking wide exposure in both electronic and print media
Positive publicity helps create heightened visibility of products/services
Various media covering the event may include sponsors names and/or photos
In addition, the kind of media coverage a sponsor may get is often unaffordable if the company were to think of purchasing it, and if it were available. To maximize this objective, it is important for the sponsoring company to have a comprehensive media campaign to augment the regular media coverage promoted by the organizers. Sponsorship can often generate media coverage that might otherwise not have been available.
Thanks for reading!
Dianna Hicks
Certified event planner
Luxe Events Atlanta
www.luxeeventsatlanta.com
https://www.facebook.com/luxeeventsatlanta
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