How to Acquire Sponsorship for your society? Think of your society like a business Think of your society like a business • You’re all running a business that provides a service to a customer (your members) • You’re trying to create value (profit) for your organisation • You’re trying to create a valued experience for your customers Targeting your market Target Market: Students with an in dance X% of 16000 Potential Customer Base: Loughborough 16000 Potential Customer base= Loughborough Students’ Target Market = Students with an interest in dance Customers = Members Understanding your customers • • • • • • Demographics (Age, Gender, Study Mode, Course) Motivations Other commitments/ priorities Communication Expectations Who are your members? What is common? Unique Selling Points What makes your society unique? What makes your society the best society to join at Loughborough, or even in the UK? Is your group distinctive in any way? Are you easily recognised and does your activity and image send the right messages? Competition Who is your competition? What can you do to beat the competition? Direct Competition Secondary competition Indirect competition Societies President LSU Media Halls Local Media Other Societies Alumni Office Personal Tutors/Lecturers Businesses Careers Centre How to utilise your network Programme President Aeronautical, Automotive, Chemical and Materials Engineering, Arts, English and Drama, Business and Economics, Science, Civil and Building Engineering, Design School, Electronic, Electrical and Systems Engineering, Social, Political and Geographical Sciences, Mechanical and Manufacturing Engineering, Sports, Exercise and Health Sciences Top Tips for Acquiring Sponsorship • Why do you need the money? • Identify organisations that could be interested • Mutual Relationship- what can they gain/what can you offer? • Find out who to contact • Write persuasively • Be Professional • Look out for opportunities • Deliver what you promise Why Who How Helen Ots- Ex-Enactus Committee Member- Current Enterprise Intern Society Accreditation What is the RBS ESSA? A recognised national accreditation for student societies to reward and recognise these skills Why apply? Give your CV a boost Enter the awards to win a share of £21,000 prize money Greater credibility to your society, helpful for applying for sponsorship Be invited to the RBS ESSA Awards attended by top UK employers & sponsors National press coverage for your society