Should I give sponsors one fixed price or multiple sponsorship options?
Answered in: How to get sponsored by Honda Off RoadThe Answer
Always provide multiple options rather than a single price point. Jeff recommends a four-pronged approach with platinum, gold, silver, and bronze packages. This strategy avoids pigeonholing yourself to one dollar amount since you don't know the sponsor's budget going into the meeting. Multiple tiers give sponsors flexibility to choose based on their available resources and lets you capture opportunities at different investment levels.
Want the complete breakdown?
Get full access to How to get sponsored by Honda Off Road
Related Questions
How do you approach a potential sponsor without coming across as too pushy or salesy?What should I include in a sponsorship pitch presentation to a major brand?How do I grow a sponsorship relationship from year one to a long-term partnership?How much of my sponsorship budget should go toward marketing content versus running my race program?How do I provide content to sponsors in a way that makes their jobs easier?
Ready to master sponsorships?
Get instant access to How to get sponsored by Honda Off Road and start implementing these strategies today.