In event management, what could you offer a sponsor in return for a financial "partnership"?
In event management, what could you offer a sponsor in return for a financial "partnership"?
Homework Answers
In return of financial partnership in the event management company sponsors can be offered :
a. Return on investment : Offering sponsors return of 4 times than the value of investment sponsors has made in the company, as it helps to attract them to make further investments and generate various sponsorship opportunities.
b. Understand the sponsors stand while being a financial partner in company such as new customer acquisition for them or giving the brand exposure and trying to meet the expectations of the sponsors is necessary.
c. Providing data of the target audience for their business and ensuring them of event attendees falls into that target group, as it helps the sponsors to create a target customers list and convert them into their customers or clients, which is like a win win scenario for you, sponsors as well as the customers.
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In event management, what could you offer a sponsor in return
for a financial "partnership"?
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