How can athletes find out what a potential sponsor's marketing plan and goals are before pitching them?
Answered in: 2023 Motorsports Sponsorship Summit at Mechanix WearThe Answer
Research their history and what they've done in previous years - the overall fundamentals usually stay consistent. Look at how they've used athletes before: Do they focus on race results and championships, or on content and product endorsement? Study their social media and booth presence at trade shows to see what products they're pushing and what marketing messages they emphasize. Most importantly, build a relationship first and ask them directly. Vaughn Gittin Jr. sends an executive summary asking what brands need, and often discovers he can't provide what they want, so he doesn't pursue it. If you can't determine their plan, focus on sales - all companies want to sell more product, so helping drive sales is universally valuable.
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2023 Motorsports Sponsorship Summit at Mechanix Wear
WHY BRANDS SPONSOR & HOW THEY CALCULATE ROI Alex Striler, Ben Dolan, David Cardey, Jackie Donahue, Jesse Spungin PROMOTING YOURSELF & SPONSORS THRU THE MEDIA Tony Yorkman, Megan Meyer, Dan Schechner, Don O’Neal, Vaughn Gittin Jr. ACTIVATING AT EVENTS TO INCREASE BRAND VALUE Alex Striler, Kevin Miller, Matt Martelli, Dan Dennehy-Rodriguez CREATING DECKS THAT ATTRACT & WRITING PROPOSALS THAT SELL Alex Striler, Tony Yorkman, Megan Meyer FINDING TIRE AND WHEEL SPONSORS Tony Yorkman, Chris Meyer, Brian Henderson, Michael Mathis NETWORKING AND MEETING NEW SPONSORS Alex Striler, Kathryn Reinhardt, Travis Clarke, David Morton
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