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“Sponsorship is one of the best ways to build a business, source clients and do good in the community. And Alice is a master.”

President & Chief Operating Officer
Hale and Dorr Wealth Advisors LLC.

 

11 TIPS HOW SPONSORSHIP CAN DRIVE BUSINESS

  1. Co-Sponsor
    Create Business-to-Business opportunities. Partner with another
    company where you'd like closer access.


  2. Showcase Products and Services
    Nothing wrong with samplings before the right audience.

  3. Access Government Officials
    Whether on the local, state or federal level, remember to cultivate the 'gatekeepers'.

  4. Cultivate Prospects
    Use entertainment to source clients, not just existing customers.

  5. Use Benefits to Show Your Appreciation
    Cement customer loyalty by passing on those benefits to clients.

  6. Spotlight an Executive
    Piggy back off of a colleague's special visit.

  7. Thank Referrals and Sources
    Always invite those who refer business and other 'centers of influence'.

  8. Penetrate a Geography
    Use sponsorship to expand into a new market.

  9. Penetrate a Demographic Audience
    Probably the easiest way to leverage a sponsorship.

  10. Cross Market Internally
    Maximize the expense by involving other lines-of-business.

  11. Don't Forget Your Employees
    Get your employees involved. Reward them with special benefits to
    boost morale and encourage retention.