Amanda Park Amanda Park

Event Lunch & Learn: Corporate Sponsors

Corporate Sponsorship Strategies Workshop

Wednesday, November 19th, 2025

Panelists:

·        Dan Scheinman, Principal & Founder, Priority Partnerships

·        Mike Thelin, Principal & Founder, Bolted Consulting/Co-Founder & President, Feast Portland

·        Rhett Acelar, Founder & Owner-Operator, Partnership Development, Event Enthusiast

 

Why Corporations Sponsor Events

  • Corporations sponsor events primarily to advance their business objectives, not as charitable donations.

  • Objectives differ: employee pride, product sales, content creation for digital engagement, or community alignment.

  • It's crucial to consider "what's in it for them" and tailor sponsorship proposals to each company’s goals.

  • Avoid assumptions about corporate goals; ask and listen to uncover specific needs and initiatives.

  • Making "money talk" less intimidating will help you approach sponsorship discussions as opportunities.

Understanding and Communicating Value

  • Events should highlight both quantitative (impressions, sales, samples) and qualitative (brand alignment, pride of place, unique experiences) value.

  • Focus on what makes the event unique and why attendees are passionate.

  • Sponsors value authentic connections to audiences, which events can provide better than traditional ads.

  • Audience access and engagement are central selling points; assets like branding are vehicles for that connection.

  • Post-pandemic and current economic climates have made brands more selective with sponsorship spend, emphasizing strategic fit and justified ROI.

  • Building and nurturing relationships with sponsors during tough times can lead to long-term partnerships.

Approaching and Pitching Sponsors

  • Don’t start with a sales pitch; begin by listening and understanding the sponsor's business objectives and challenges.

  • Initial emails should be concise, focusing on the opportunity, audience, and unique value proposition.

  • Timing is important: approach potential sponsors during their budgeting cycles if possible.

  • Materials should be short, clear, and easy to forward.

  • Mike Thelin’s 2-10-20 Rule: Your deck should take no longer than two minutes to read, should be no more than 10 pages long, and should not have a font smaller than 20 points.

  • If a sponsor hesitates due to ROI concerns, ask for examples of what strong ROI looks like to them and tailor future proposals accordingly.

  • After an event, provide sponsors with thorough recaps, photos, metrics, and tailored information showing value delivered.

Managing Sponsor Relationships and Common Mistakes

  • Avoid taking sponsors for granted or assuming their continued support—acknowledge issues and proactively address them.

  • Foster year-round engagement, not just during the event cycle; thank sponsors and make them feel like valued community members.

  • Under-promise and over-deliver; fulfill all commitments and communicate often.

  • For new or smaller events, clarity of pitch, marketing strategy, and realistic expectations are key to securing sponsorships.

  • Strategic partners (like tourism boards or key media) are crucial for new events, helping build credibility and shared interest.

  • If budget timing isn’t ideal, an exceptional idea can still unlock funding; be prepared to ask what it would take to reallocate budgets.

Leveraging Partnerships, In-Kind Donations, and Long-Term Growth

  • Multi-year sponsorships are often business-driven but may include corporate responsibility motives; being indispensable and fostering strong relationships is key.

  • Event organizers should seek to do business with their sponsors, creating mutual benefit (e.g., bank with your bank sponsor).

  • When introducing sponsors to others, remember that an introduction is an endorsement—only do so if confident in the outcome.

  • In-kind sponsorships (venue, services, product) can be a foot in the door, especially if they enhance the attendee experience.

  • Converting in-kind to cash sponsorship is possible but not guaranteed; a clear win-win-win for the event, sponsor, and audience is necessary.

  • For pricing new events, start with honest conversations about mutually beneficial value and be flexible based on market feedback and sponsor willingness to pay.

  • Persistence and relationship nurturing are crucial when sponsors go silent—follow up without being pushy, and keep potential champions engaged.

 Suggested Action Items

  • Review and refine sponsorship pitches to focus on sponsor objectives and unique event value.

  • Develop concise, forwardable presentation materials.

  • Prepare strategies for both in-kind and financial sponsorship approaches.

  • Establish processes for timely, data-driven post-event recaps tailored to sponsor needs.

  • Nurture relationships with current and potential sponsors year-round, not only during the event cycle.

  • Invest in strategic partnerships to bolster new events and create shared value.

  • Gather and implement feedback from sponsors and attendees to improve future pitches and events.

 

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