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Developing A Strategy Planning To Sponsor 1

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Developing A Strategy Planning To Sponsor 1
Developing & Planning a Strategy
- For the Sponsor
Sponsorship Session 2

Developing & Planning a Strategy for the Sponsor

-

1

The Sponsorship Process for the Sponsor
Strategy
•Strategy development •Policy making
•Selection
frameworks
•Portfolio audit
•Resources
review

Planning
•Property
selection
•Objectives
•Contracting
•Branding
design
•Implementa
tion planning
•Evaluation
blueprint creation Execution
•Implementation
•Supplier selection •Stakeholder communications • B2C
• B2B
• B2E
• Other
•Budget control

Developing & Planning a Strategy for the Sponsor

-

Review
•Target
tracking
•Post
•Investment review •Exit planning

2

Stages in Developing A Sponsorship Strategy
• Discovery – eg What is best for your brand?

How would sponsorship fit with available resources and timing?







Development Portfolio Audit
Stress Testing
Implementation
Review
Developing & Planning a Strategy for the Sponsor

-

3

Stages in Developing A Sponsorship Strategy

-Discovery

• What is best for your brand?
• How would sponsorship fit with available resources and timing?
• How does it fit with the external environment eg. competitors activities?

Developing & Planning a Strategy for the Sponsor

-

4

Stages in Developing A Sponsorship Strategy

-Development

Consider
• Rationale for …,
• Role of ….
• Objectives for ….
• Key target audiences
• Key deliverables
• Sponsorship theme eg. a sport, an audience etc.
• How does sponsorship fit with the organisation
• Are the timescales compatible
• The sponsorship Policy.
Developing & Planning a Strategy for the Sponsor

-

5

Sponsorship Policy
This is like to include answers to the following questions….. • Who will run the sponsorship
• Who are the decision makers
• Who will implement the sponsorship programme? (this is not necessarily the same as who will run it)

• Who are the supporters?
• How will the sponsorship be funded in terms of both money and resources?
• Will there be any exclusions or risks to consider?

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    References: LEPNARD H. HOYLE, “Event Marketing: How to Successfully Promote Events, Festivals, Conventions, and Expositions”-[1]-12-18-cited ; 29th December 2012 CORNWELL, T, B, "Sponsorship-Linked Marketing Development," Sport Marketing Quarterly 4, 4 (1995): 13-24 ; 29th December 2012 PHAM, M, "The Evaluation of Sponsorship Effectiveness: A Model and Some Methodological Considerations," Gestion 7, 4 (1991): 47-65 ; 29th December 2012 SNEATH, J. Z., R. Z. FINNEY, and A. G. CLOSE. "An IMC Approach to Event Marketing: The Effects of Sponsorship and Experience on Customer Attitudes." fournat of Advertising Research 45, 4 (2005): 373-81 ; 29th December 2012 Strategic Brand Management: Building, Meaing ,and Managing Brand Equity, 2nd ed. Upper Saddle River, NJ: Pearson Education, Prentice Hail, 2003; 29th December 2012 MAJIKETTIVG NEWS. "Event Marketing." Marketing Neivs 40, 5 (2006): 1&-19 ; 29th December 2012 RiGDON, E. E. "Structural Equation Modelling." In Modern Methods for Business Research, G. A. Marcoulides, ed. Mahwah, NJ: Lawrence Erlbaum Associates, 1998; 29th December 2012 RossiTEH, J. R., and L. PERCY. Advertising Communications and Promotion Management. New York: McGraw-Hill, 1987 ; 29th December 2012 CHURCHILL, GILBERT A. "A Paradigm for Developing Better Measures of Marketing Constructs." Joiirml of Marketing Resairch 16,1 (1979): 64r-73 ; 29th December 2012 CLARKE, SHARON G., and JOHN T. HAWORTH. "Flow Experience in the Daily Lives of Sixth- Form CoHege Students." British journal of Psychology 85, 4 (1994): 51123 ; 29th December 2012 CORNWELL, T. BETTINA, CLINTON S. WEEKS, and DONALD P. ROY. "Sponsorship-Linked Marketing: Opening the Black Box." journal of Advertising 34, 2 (2005) ; 29th December 2012 FRED L. BOOKSTEIN. "TWO Structural Equation Models: LISREL and PLS Applied to Consumer Exit-Voice Theory." }ournai of Marketing Research 19, 4 (1982): 440-52; 29th December 2012 KELLER, KEVIN L. "Conceptualizing, Measuring, and Managing Customer-Based Brand Equity." journal of Marketing 57, 1 (1993): 1-22; 29th December 2012…

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