How do different types of sponsors measure value differently?
Answered in: 2023 June Sponsorship Seminar: Why Brands SponsorThe Answer
Different sponsors have different objectives. Restaurant chains like Wahoos want to drive traffic to stores through activations, meet-and-greets, and being part of the pre/post-activity ritual. Health brands like Sambazon measure value through the triple bottom line - profitability, environmental impact, and community impact. Energy drink brands like Monster focus heavily on winning and being cool, using athlete content across multiple channels. Some sponsors care more about metrics and audience size, while others prioritize intangibles like character and brand alignment.
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Related Questions
What do sponsors look for when evaluating potential athletes beyond just their performance metrics?How can I approach a brand for sponsorship if I don't have any existing connections?What type of content should I create and provide to my sponsors?Do I need to be winning competitions to get sponsored?What makes a sponsorship authentic versus just transactional?
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