In-kind sponsorships save the day!

A few years ago, I was asked to find sponsors for a huge regional youth soccer tournament.

The organizers wanted around $20,000 in sponsorships to cover event expenses such as soccer balls and other sports equipment, water and fruit for all participants, signs and banners directing people to the right fields, and a bunch of other stuff.

Because most of the items they needed were going to come from retailers (who do not love to part with their cash, but are typically much more inclined to give away products for community events), we decided to seek in-kind rather than cash sponsorships.

I asked organizers for an itemized budget of items they were planning to pay for and I went to work, searching out companies that could donate those items in exchange for an ad in the official tournament book (which we printed in-house for free), a logo on a banner, and an opportunity to pass out coupons to the hundreds of kids and their parents who would be in town for the tournament.

One by one, we knocked it out.

BI LO gave us gift cards for all the food and water we needed; Signs Now donated signs and banners; Dick's Sporting Goods donated a lot of the equipment we were going to pay for, and FUEL pizza gave us a bazillion pizzas for the opening night reception.

Of course, most organizations want cash sponsorships. But sometimes, in-kind sponsorships are what they actually need.

You gotta start where you're at

You gotta start where you're at.

That may sound overly simplistic, but my experience is that many people, especially in fundraising, want to start way ahead of where they actually are.

Here's some of the things I've heard: she gives everything away... Don't undervalue your program... You should be able to get at least $10,000 for that.

The truth is what you are selling is worth exactly what people are willing to pay and not a penny more.

A few years ago, I was selling sponsorships in the County's annual Outlook Calendar. Each sponsor got an ad across the bottom of a month in the calendar.

Before I started working there, someone had assigned a value for each sponsorship at $550.

The prior year's calendar only had one ad in it so, theoretically, the calendar only generated $550 - hardly enough to offset the cost of printing, which was the point of having ads in the first place.

I decided I was going to do whatever I had to do to sell each and every month.

I started selling them for $100 each, two for one, an ad bundled with an event sponsorship... Whatever I had to do to fill those slots.

I sold them all. I think I ended up raising about $2200 for that calendar - not a lot, but a 300% increase over the previous year.

But if I had stuck with the initial estimated value of $550 a page, I probably wouldn't have sold any of them.

I had to start where I was at to set. That way, I could set myself up for a fantastic finish.

Five powerful minutes - Part 1

Say you have a big event next year and you want to start prospecting for new sponsors (and in fundraising, who doesn't)?

Many sponsorship seekers - and I've experienced this first hand - will put together a list of companies/contacts they'd like to recruit, put together a proposal, and email it to as many of those people as they can, with attachments, of course, that might not ever get read. (See previous blog on attachments).

Its not a completely terrible approach. I've done it myself and with some success.

But here's a better idea: call your potential sponsor/contact and ask for five minutes of their time. Just five. That's it. And be very specific about it when you ask.

'Hello Joe. This is Susan from the Springfield Rescue Mission and I would love to stop by and introduce myself and only take five minutes of your time. That's it. Just five minutes. I will be near your office on Wednesday morning. Can I just stop in and introduce myself? I promise I will be in and out in five minutes.'

I promise you will get a meeting, if you are flexible with your time.

The person you are calling on will either say, 'Sure' or 'Wednesday is horrible, can you make it Friday?' or something similar.

An important side note: keep calling until you reach your contact's live voice. Do NOT leave a message and ask for a return phone call. Why? Because then you have just actually added to your potential sponsor's already busy day of tasks and have immediately created a negative neuro-association. Trust me on this one. They also might start mentally preparing their 'We are already over budget. Contact me after the first of the year' speech and you will be out of luck.

When you go in for your five minute power meeting, lead off with, 'I just wanted to say hello, introduce myself, and I will be out of your hair in five minutes.' And take a watch so you can be sure to keep it to five minutes.

Your contact will be shocked. Nobody ever wants just five minutes. If you stick to that, you will be putting a friendly face to your charity's name and building a relationship with your new contact.

Do not give them any paperwork to look over. And don't ask for anything. I repeat, don't ask for anything. Not at your first meeting.

Tell them why you got involved with your charity and make it personal.

Next, use your five minutes to ask a powerful question.

That powerful question - one that almost never gets asked by fundraisers - will come in Part 2 of this blog.

Keep it simple!

Several years ago when I was raising funds - especially early in my career - I would create proposals that were very wordy.

I wanted to impress upon the would-be sponsor just how big of an event I was creating and I really wanted, maybe even more, to impress upon the potential donor what kind of impact the organization was making with its mission.

Word, words, words.

I really tried to put every last detail in those darn proposals.

I've learned that not only is it unnecessary, but it also sometimes counter-productive and confusing to the donor.

That's because the person you are sending it to might get up to FIVE - or more - similar pitches EACH day. It is hard to believe, but it's true. They don't have time to wade through all the information.

Your job is to make it easy and to remove barriers. That means sending out a very brief proposal that the potential donor will be able to read quickly with no attachments just links. (See previous blog on attachments).

Include up front in your email or proposal very basic things like dates, times, and locations, and SPECIFICALLY what it is you are asking for and what they will get in return. Don't make them guess or have to play a word hunt just to find out.

And then put a link or website in the email or proposal directing your would be donor to all of the information that you'd like them to have - if they are interested.

And leave it at that.

Some thoughts on Twitter

Like it or not, Twitter is a part of our lives.

If you do these five things, your organization can turn Twitter into a strength:

1. Make sure everyone in your organization knows your Twitter handle. Everyone. I can't tell you how often I am working with people - particularly at events - who don't know their own organization's Twitter handle.

2. Make sure your organization follows those it will be working with a few days before the big event or fundraiser. This will make Tweeting at the event much easier. If you have an event coming up, plan ahead and follow the companies, organizations, and news media organizations that you expect to be working with.

3. At events, Tweet @ those companies, organizations, and news media outlets that you are working with. Sponsors, in particular, will love that your organization is Tweeting about them. If a sponsor's logo is visible, Tweet a picture with the logo or banner in the background.

4. One thing I like to do if I'm at an event and a TV crew shows up is ask the reporter or camera person during what news program or show the story will likely run on. Then, I Tweet to our followers for them to watch the story on @ (Twitter handle of news organization) during the time the story is expected to run. First, you are letting those who couldn't attend have the opportunity to see a story about what they missed. Second, news organizations are businesses first and foremost and they might be more likely to work with your group in the future if you also help drive people to watch their programs.

5. A day after a big event, thank those who came out to support your event through a Tweet @ all of them, if possible. You will be thanking them, but also gaining more followers in the process. When you Tweet @ those businesses and organizations, their followers might potentially follow your organization.

By following these five tips, you can gain more followers, strengthen your relationships, get more publicity, and come off as more sophisticated with social media.