QUOTE(rich 918-S @ Mar 5 2004, 06:40 AM)
What would be a good target to shoot for when approaching a potential sponsor? What was your opening sponsor request for the WCW2002?
basically, i promised them all exposure commensurate with their contributions. i think i was able to deliver that.
the 'parts places' sent 914 parts, mostly.
i think i offered that for a certain amount ($250? $200?) i'd designate a 'name sponsor' for the sponsored activity. so we had the "Sho-n-Shine presented by Bill Pearce Porsche" they got their names on the trophies, the ballots, and were mentioned prominently at the banquet. we're having a few 'activities' - so for instance - we could have the "Scenic Tour Presented by Fred's Auto Detailing." they'd get their name and logo printed on the cover page and (smaller) on each individual page of the route notes. if participants receive a dash plaque for the activity, it can have "presented by..." or 'the Freds Auto Detailing Scenic Tour' ...
i'd be very surprised if very many places provide cash. i had a couple. mostly it was goods and services, and i have no doubt they wrote off the retail value rather than the cost-basis value of the promotional contribution.
i put logos and links of the supporting sponsors on the event website page. i tried to put something from each into the goodie bag - i don't think i succeeded because the goodie bags were a huge thrash at the end - but it was a goal.
i'd hope for 'stuff' in the $500 range from the places that are sending 'stuff'. Bill Pearce Porsche contributed about $650 plus the sent several people to the banquet.
i'd never done it before either, so perhaps my approach was naive.
i explained to people the benefits of the exposure, i promised them exposure proportionate to their contributions, and let them decide how much the opportunity was worth to them. i was a little personally disappointed with some contributions but the businesses made a business decision and i had to respect that. i was very surprised with some levels of participation, and it all worked out.
my suggestion is find out as early as possible what people are going to be in for, if you're going to have specific sponsorship activites (Tour, show, AX) decide what level of participation will be needed to be a "Name Sponsor". decide what that means (name on trohpies, name on banners, name on tech stickers, name on website, name on registration form, name on anything that'll stand still long enough for you to affix on there...) and price it like the opportunity it is. if it doesn't sell, it doesn't sell...
once you get an idea of the scope of your sponsorship contributions, you can decide how priminently to recognize the individual sponsors.