What is the difference between a deck, a proposal, and a proof of performance report in sponsorship?
Answered in: 2023 Drag Racing Sponsorship Summit Part 4The Answer
A deck is colorful marketing material (PDF flyer or video) used to get a sponsor's attention and secure an initial meeting. A proposal is a simple business plan created after you understand the company's goals, outlining what you will deliver and what you expect in return. A proof of performance report is documentation showing what you accomplished for the sponsor throughout the partnership, used to secure renewals and as a case study for new sponsors. The key is keeping these three documents separate and using each at the appropriate stage of the relationship.
Want the complete breakdown?
Get full access to 2023 Drag Racing Sponsorship Summit Part 4
Related Questions
When is the best time to send a sponsorship deck to a company?How long does it typically take to build a sponsorship relationship with a major brand like Toyota?What should a proof of performance report focus on to help secure sponsorship renewals?How can athletes effectively network at trade shows like PRI and SEMA without being intrusive?How important is understanding a potential sponsor's business plan before approaching them?
Ready to master sponsorships?
Get instant access to 2023 Drag Racing Sponsorship Summit Part 4 and start implementing these strategies today.