Corporate Sponsorship Beta Iota (AKPsi) Chang Zeng Corporate Sponsorship • A form of marketing in which a corporation pays for all or some of the costs associated with a project or program in exchange for recognition. Sponsor Benefits • It can enhance a company’s image and visibility • If the sponsorship are well conceived and strategy, they can boost sales • Help develop a close relationship (UB students) Criteria • Relevant- the cause must be relevant to the company's products or service • Branding Fit- there must be a good fit with the overall company brand • Mission Alignment- the partnership must align with a company's mission • Business Result- the company must believe it can achieve some measurable business result through the partnership DOs and DON’Ts DO • Find out what they care • Keep it SHORT • Ask them what will make them feel satisfied • Consider Donation • Building a long-term relationships DON’Ts • Using their competitor's products • Don’t always ask for money Who to Contact? • Marketing- is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development • Public Relations- promoting goodwill between itself and the public, the community, employees, customers, etc. Ways to Contact • Emails • Invite them to our events • Simply a Phone call • Going to their public event Potential Sponsors (UB students) • University Village at Sweethome • University Villa • Coca-Cola Industry and Consumer Affairs The Coca-Cola Company DUN 500 P.O. Box 1734 Atlanta, GA 30301 • Visa Credit Card Company • Bus Companies What can AKPsi Offer Currently (Tangible) • • • • Resume folder with all it members Logo displayed on akpsiub.org Rush and event marketing flyers and posters Display logo on our rush t-shirt What can AKPsi Offer in the Future (Intangible) Good Feeling (Charity) Purpose AKPsi Annual Charity Event • Attracts Sponsors that focus on simply having a Good Feeling, not just some Tangible Assets in return • By having it Annually, so we can be recognize or known for • we gain a positive reputation Example from Coca-Cola • “Coca-Cola cares about the welfare of animals and supports their proper treatment.” • If we are known for being involve with the Animal Charity Humane Society, there will be a higher chance of having Coca-Cola as one of our sponsor Make A Wish • Ways to be affiliate with Make A Wish Foundation • Purchases Make A Wish Holiday cards, balloon for a resale • • • • Blank: $32.00 per pack of 24 Generic: $37.00 per pack of 24 Custom Text: $40.00 per pack of 24 http://www.wish.org/supporters/current_sponsors AKPsi