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- JPMorgan Chase’s $300M MSG blockbusterJPMorgan Chase has agreed to a massive sponsorship deal with Madison Square Garden worth at least $30 million a year, which stands as the most lucrative annual building/team sponsorship agreement to date. Multiple sources confirmed the top-level deal valued at $300 million over 10 years or more in securing rights to almost every asset in the Garden, which is […]
Sports Business Daily News
- Michigan Set To Debut Stadium RenovationsThe $226M Renovation Took Three Years To Complete, Ups Big House Capacity To 109,901 A "new-and-improved Michigan Stadium will be unveiled" during Saturday's Connecticut-Michigan game, according to Rod Beard of the DETROIT NEWS. The $226M renovation… […]
Power Sponsorship Blog
- Sponsorship Lie #212: “There’s Still Time!”One of the first things I do every day is check out what’s happening on LinkedIn. It’s such a great resource for advice and networking in our industry. One of the things I found this morning, however, was just a big fat lie. “There is still time to sponsor our unique event!” Okay, so it’s not an […]
Sponsorpark Blog
- What Are You Inciting in Your Audience?Have you ever read 15 pages of a book and then suddenly stopped and realized you don’t remember a thing you read because your brain was spinning on another topic? Or have you listened to a speaker, (maybe right after lunch) who rambled on and on who inspired nothing but a sudden desire to grab a pillow? Have you ever been to a concert where you weren’t allo […]
Seth’s Blog
- If you want to learn to do marketing...then do marketing. You can learn finance and accounting and media buying from a book. But the best way to truly learn how to do marketing is to market. You don't have to quit your job and you don't need... […]
Jason Peck’s Blog
- Sports and Social Media – Why Should Sponsors Care?Today is the last post in a series with thoughts from some pretty smart folks to try to answer the question of why people should care about the intersection of sports and social media. You can see […]
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Posts Tagged ‘Events’
When they are touring.
When they are brand friendly.
When they are committed to great causes.
When they provide authentic integration.
When they have significant reach and range to a targeted audience.
When they have not hit bigtime, but are about to…
Want to read about the hottest job opportunities, upcoming conferences, insightful blogs, exclusive articles and discounts, best-practices alliance partners?
For more information about me and our services, please click on the links below.
Dan Beeman
Sponsorship Insights Group
Phone: 818.433.4239
Skype: danbeeman1
We are a global networking group and sponsorship consulting/sales agency. We connect properties with brands. We help buyers and sellers increase efficiency and profitability. How can we help you?
For more information, please click on:
LinkedIn Profile, Join my LinkedIn Group on Sponsorship, Twitter, Facebook Profile
Although I missed the Blogworld Expo in Las Vegas last week, I got a good sense of what was discussed from a blog that was written by Jason Peck and videos found the front page of their site. I especially enjoyed the perspective on what Ford is doing with social media. Check out the video here.
Guy Kawasaki also launched a really cool aggregator site of great bloggers and blogs according to categories
Were you there? what did you get out of it?
Love this photo and great sponsorship integration of Safeway. They get huge, national exposure from a local event and also drive traffic to retail – big win! The banner-hangers were also pretty strategic in getting this angle and the publicist was good at getting photographers to take the pictures from the best location. Also, note the integration of the American Flag – subtle yet prominent and increases the earned equity for sponsors and the festival as All-American. Lastly, enjoy the exuberance of the winner. They gotta get him in the pumpkin pie-eating contest. He is a sure winner. Just a snapshot, but says it all. Check out event details at www.miramarevents.com

HALF MOON BAY, CALIFORNIA (October 13, 2009) — Iowa grower Don Young blew out a tire in Wyoming en route from Des Moines but fortunately his burly 1,658-pound gourd made it safely to yesterday’s 36th Annual Safeway World Championship Pumpkin Weigh-Off in Half Moon Bay, California where he obliterated the field and (more…)
Here is the Tuesday Morning briefing e-newsletter from my friend Brent Barootes and his take on sponsorship management.
I once heard the term (and have since used it on many occasions) that sponsorship is like babysitting. As a property (someone who sells sponsorship) you really become a “babysitter” for your sponsors. The longer I am in this business, the more I agree. But recently I have felt the term may better be “mentor” or “consultant”.
I do believe it is the role of the property to educate, to advise and to work with a sponsor to truly understand sponsorship. No one knows the property better than the property owner. The property must hold the hand of the sponsor and walk them through, show them what they can provide within their organization to help the sponsor achieve their goals. (Or for those of you that read this commentary last week, to ‘take away the hurt’.) Sponsors are busy. On average according to the 2009 Canadian Sponsorship Landscape Study, sponsors have investments in 12 properties and receive hundreds of submissions. The property that can “help” the sponsor to better understand how they can assist; who can hold their hand to give them ideas on activation; show them unique opportunities that will WOW their target audience and watch over their budgets for them will be successful.
Perhaps when we start out with a property we need to babysit our sponsors. But as we grow our role changes from babysitter to mentor or consultant. Properties are not there to “sell” product to sponsor. In the best of all worlds, they are there to consult, mentor and advise sponsors and prospective sponsors on how to “take away the hurt” and gain results that matter.
This is one person’s thoughts. Yours are welcomed as well so email me at brent@partnershipgroup.ca or visit our web site for more information by clicking on Partnership Group – Sponsorship Specialists and thank you for reading.
Brent Barootes
President
Partnership Group – Sponsorship Specialists
Kathleen Hessert @kathleenhessert is live blogging from SBJ’s Sponsorship Symposium today in NYC.
She has posted some juicy tidbits about sponsorship and social media. Here are some of my favorites:
“Sponsorship hasn’t changed. The world has changed.It’s been a sobering year”
AmEx Rich Learfield VP Global says Social Media allows them to gain scale & engage passionate fans so we look for best ideas
Soc media importance will grow more w/location based services @tpmcghee ie where fans congregate after game? share pic of experience
Anheuser Busch doubling spend on social media. Huge platform to access fan base- ask fans imp questions. Want to go where fans are
talked to several sports ppl w/influence last night in NY who still don’t have a clue- others part of the social media momentum
Not re: brand awareness must be activation according 2 Dan McHugh- Anheuser Busch. Partners must ans. How can U move more beer
Gatorade dropped TV spend from 87% of budget last year to 66% this year. Digital marketing moves from 0% to 6%
ROI is king BUT @tpmcghee AT&T says sponsors don’t have answers to what makes ROI which is 1 reason why sharing doesn’t happen
NFL CMO says must look at fans dfferently, sponsors differently. Dialogue must B deeper but partners won’t share metrics for ROI
Yesterday I took my kids to to Six Flags, Hurricane Harbor in Valencia, CA. I had promised the trip all summer and waited until the crowds died down and the weather was still warm. It was a good strategy – we had fun and there were few lines.
As you know from reading this blog, I am always thinking about sponsorship and revenue enhancements for properties, so I took a few mental notes. Overall, I saw lots of opportunities for new revenue and other ways to better enhance their existing partners activation.
Opportunities
- Property naming rights sales opportunities. What does Six Flags even mean anyway?
- Ride, parking lot or area naming rights
- Partnerships with non-profits to drive traffic in slower season, create third party promotions
- Adult-area sections. This may include beverage, clothing and music preferences for over 18 that might not appeal to the rest of the park. Naming of this could be sold to a casino.
- Music partnership – they played a certain play list which consisted of lots of Tom Petty. They could partner with Rhapsody, XM/Sirius, a record label, Apple/Itunes or a radio station.
- Dodge and Chrysler were the automotive sponsors, but there appeared to be no activation or displays besides their signage. The Tram ride from our remote parking would make an excellent opportunity for transportation-related branding and, of course the valet area s well
- Coke was the beverage sponsor and had some iconic and creative recycling trash receptacles, but there seemed to be no water sponsor unless Coke successfully negotiated the water category as part of an overall beverage deal (they like to do that).
- Kodak had their intercept locations to take photos, but did not capture us with any memorable offer or creative merchandising of their location upon exit. They had a few staff members that looked like to just wanted to go home. Why no high-speed cameras when we came out of the Tornado or other rides?
- Apparel Sponsorships – lifeguards and staff could all wear some cool, noticeable apparel that could be sold in their retail locations
- First Aid locations could tie-in with a local hospital
I know they have a corporate sponsorship team, but it appears they could use some help on a local level. What do you think? We welcome your feedback and encourage you to share this with others. If you are not already a member of The Sponsorship Insights Networking Group on LinkedIn and Facebook, I wanted to invite you. Our group of 4,000+ sponsorship and marketing professionals has grown quickly and members come from the top positions at such agencies as IEG, IMG, Wasserman, Momentum and leagues – NFL, NBA, NHL, CFL, MLB, AVP, MLS, NASCAR and more.
Members connect with each other to enhance their knowledge, further their careers and interact online via our discussion forums and blog. We are committed to being the best, free business networking site for sponsorship and marketing executives on the internet. We also send a monthly, e-newsletter and provide exclusive discounts for conferences and appropriate vendors. All of this is provided free for you and appropriate associates.
To join, please click on the links below and forward to your associates.
http://www.linkedin.com/e/gis/59380
Lastly, you can follow/find Dan at:
http://www.facebook.com/groups.php?ref=sb#/group.php?gid=45136322100
| When: Tuesday July 14, 2009, 6 – 9PM |
|
| Event Type: | Networking/Meetup |
|---|---|
| Location: | Busby’s East 5364 Wilshire Blvd Los Angeles, CA 90036 US |
| Price: | $10 pre register, $20 at the door |
| Keywords: | Los Angeles, Business Networking, LinkedIn |
| Intended For: | Anyone interested in connecting with quality business professionals |
