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!unding Your Executive or
 ! di    Y    E    ti
      C-Level Events
       Creating S
       C   ti   Sponsorship
                         hi
 Packages for High-Level Attendees

                Karen Daniele
       Vice President and General Manager
               Nth Degree Events
                 John T t k
                 J h Tatusko
Account Executive, Space & Sponsorship Strategist
               Nth Degree Events
Essential L
        E    ti l Learning C
                       i   Components
                                   t

1. Why are executive events important?
2. Setting goals
3. What are the real costs of having sponsorships at y
                                   g p         p     your
     event?
4.   =sing executive personas to design sponsorship and event
     formats
5.   Identifying opportunities
6.   Creating sponsorships
7.   Pricing
8.   Educating sponsors on working with your audience
9.   Measurement
Importance toF
                                                     to
Event 6ro7u8ers                     6otential 9:onsors
> T h
  To have an executive event
                   ti      t        > S ll more stuff
                                      Sell       t ff
   > Evolution of your event        > Develop relationships at the
   > Access to people you may         executive level
      not normally have access to
                 y                  > Look smart
   > Focus Group level feedback     > Lower cost of entry
   > Sell more stuff
> Look smart
   > Add RC l FactorS
      Adds RCool F      S
   > Make people feel special
   > Vanity
> To have sponsorships
   > Increase sponsor revenue
   > Offset cost
   > Add credibility
   > Coat tail effect
What d
               Wh t do sponsors look forH
                                l kf H

> Audience – are the attendees your buyers or
  from organizations that buy from you?
>AAccess – will you b able to i
              ill   be bl      interact with
                                         ih
  them? Is there value?
> Agenda – does it make sense? Is there time for
  interaction?
Set
                 S t goals and obJectives
                        l    d bJ ti

> Why do you have an executive event?
> What are you trying to accomplish with the
  event?
       ?
> Whose problem are you solving?
Set
                      S t goals and obJectives
                             l    d bJ ti

> What are you trying to accomplish by selling
 sponsorships?
  >   Fully lf funded
      F ll self f d d
  >   Cover hard costs
  >   Make up some of the costs
  >   Satisfy a squeaky wheel – internal constituent
What is the real cost of selling
                        sponsorshipsH

> What do you have to lose?
  > Exclusivity
  > C fli t
    Conflict
  > Control
Ksing personas
                                K i

> Create your executive   > Create your sponsor
 attendee persona           persona




                > Match their needs
Identify appropriate
                             opportunities

> What are you willing to give up?
> What is your organization comfortable with?
> Where is the real value to your sponsors?
> Where are the conflicts?
Identify appropriate
                                   opportunities

> What works
  > Speaking
  > P L lI t
    Peer Level Interaction
                      ti
     > Theoretically, theyZre the experts, they
       want to learn from someone whoZs been
       there, done that, has the same
       perspective, someone they can relate to
  > Forums Debates, Discussion Groups Charlie Rose
    Forums, Debates            Groups,
    Style Interviews
Identify appropriate
                               opportunities

> What works
  > Engagement
     > G their opinions, l them speak where
       Get h i   i i     let h      k h
       they can definitely add value, but donZt
       let them dominate
  > Networking
     > This is what itZs all about
  > C t t
    Content
     > Online, Onsite & After
  > Elite swag
             g
Identify appropriate
                              opportunities

> Common Mistake
     > Giving them enough rope to hang
       themselves
        h     l
     > Keep it simple – if itZs too much
       work theyZre going to blow it
            they re
Identify appropriate
                             opportunities

> What are/arenZt your competitors doing?
     > Providing sponsorships
     > Ri l
       Rituals
     > Special outings
     > VIP treatment
     > Dinners
     > Parties
     > After hours
     > Keynotes
     > Clubs/organizations/memberships
Create sponsorship
                                    opportunities

> Standardized
  > Highly evolved partner management organizations
    may require more strict guidelines in order to
    maintain objectivity, fairness
Create sponsorship
                                     opportunities

> Standardized
  > Highly evolved partner management organizations
    may require more strict guidelines in order to
    maintain objectivity, fairness
> Customized
  > Be Opportunistic
  > In this economy, the more
    flexible, the better
Determine best possible
                                    sponsors
> Stake Holders
  > Internal Groups
     > Sales
     > Partner/Alliance Management
       Organization
> Targets
  > Lowest Hanging Fruit
  > C t t B d – obvious solutions providers th t map
    Content Based    b i  l ti        id that
    to the content
  > Strategy Based – key partners, strategic alliances
Pricing
                                               P i i

> Competitive
> Comparison
> Be Realistic
  > Keep objectives in mind
  > Keep current selling environment in mind
> Discounting without actually RdiscountingS
Educate sponsors on how to
              market t audience best
                 k t to   di      b t

> Risk = annoying high value audience
Educate sponsors on how to
               market t audience best
                  k t to   di      b t

> Risk = annoying high value audience
> Benefit = they do well, you do well; they look
 smart, you l k smart
            look
Educate sponsors on how to
                market t audience best
                   k t to   di      b t

> Risk = annoying high value audience
> Benefit = they do well, you do well; they look
  smart, you l k smart
             look
> Mutually Beneficial
  > They can actually add value
  > Adds credibility to your own content
Educate sponsors on how to
               market t audience best
                  k t to   di      b t

> C h them
  Coach h
 > eou can frame a lot of your own internal
   rules enforcement/preferences under the
   guise of coaching your sponsors for
   success.
 > Blame the Audience
Educate sponsors on how to
                market t audience best
                   k t to   di      b t

> C h them
  Coach h
 > eou can frame a lot of your own internal
   rules enforcement/preferences under the
   guise of coaching your sponsors for
   success.
 > Blame the Audience

 RWe do a lot of work with this group, they
   really seem to appreciate the soft sellS
         y          pp
 ReouZll do really well with them if youf.SR
 RWeZve seen people have a lot of success
   withf
   withfS
Educate sponsors on how to
                  market to audience best

> What doesnZt work
  > Hard sell
Educate sponsors on how to
                market to audience best

> What doesnZt work
  > Hard sell
  > N peer level participants cheapen the
    Non       l l   ti i   t h        th
    experience, even if theyZre internal
Educate sponsors on how to
                market to audience best

> What doesnZt work
  > Hard sell
  > N peer level participants cheapen the
    Non       l l   ti i   t h        th
    experience, even if theyZre internal
  > Booths
Educate sponsors on how to
                market to audience best

> What doesnZt work
  > Hard sell
  > N peer level participants cheapen the
    Non       l l   ti i   t h        th
    experience, even if theyZre internal
  > Booths
  > I f
    Infomercials
            i l
Educate sponsors on how to
                market to audience best

> What doesnZt work
  > Hard sell
  > N peer level participants cheapen the
    Non       l l   ti i   t h        th
    experience, even if theyZre internal
  > Booths
  > I f
    Infomercials
             i l
  > Banners, billboards and logo placements
    that arenZt tied to anything
Educate sponsors on how to
                 market to audience best

> What doesnZt work
  > Hard sell
  > N peer level participants cheapen the
    Non       l l   ti i   t h        th
      experience, even if theyZre internal
  >   Booths
  >   Infomercials
      I f      i l
  >   Banners, billboards and logo placements
      that arenZt tied to anything
  >   Cheap swag
Measure

> Share it with your sponsors, if you want them to
 come back
  > H l th sell th
    Help them ll themselves, prove ROI
                        l
  > Show them how smart they are for participating in
     your event
Measure

> Measurement is key

 RCompanies that measure event ROI (overall)
 are 1 i times more likely to expect an
 increase in their event marketing budget than
 those who do not measure.S
 - Event Marketing Institute – EventView
 2008, North America
 2008 N h A i

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Funding Your Executive C Level Events

  • 1. !unding Your Executive or ! di Y E ti C-Level Events Creating S C ti Sponsorship hi Packages for High-Level Attendees Karen Daniele Vice President and General Manager Nth Degree Events John T t k J h Tatusko Account Executive, Space & Sponsorship Strategist Nth Degree Events
  • 2. Essential L E ti l Learning C i Components t 1. Why are executive events important? 2. Setting goals 3. What are the real costs of having sponsorships at y g p p your event? 4. =sing executive personas to design sponsorship and event formats 5. Identifying opportunities 6. Creating sponsorships 7. Pricing 8. Educating sponsors on working with your audience 9. Measurement
  • 3. Importance toF to Event 6ro7u8ers 6otential 9:onsors > T h To have an executive event ti t > S ll more stuff Sell t ff > Evolution of your event > Develop relationships at the > Access to people you may executive level not normally have access to y > Look smart > Focus Group level feedback > Lower cost of entry > Sell more stuff > Look smart > Add RC l FactorS Adds RCool F S > Make people feel special > Vanity > To have sponsorships > Increase sponsor revenue > Offset cost > Add credibility > Coat tail effect
  • 4. What d Wh t do sponsors look forH l kf H > Audience – are the attendees your buyers or from organizations that buy from you? >AAccess – will you b able to i ill be bl interact with ih them? Is there value? > Agenda – does it make sense? Is there time for interaction?
  • 5. Set S t goals and obJectives l d bJ ti > Why do you have an executive event? > What are you trying to accomplish with the event? ? > Whose problem are you solving?
  • 6. Set S t goals and obJectives l d bJ ti > What are you trying to accomplish by selling sponsorships? > Fully lf funded F ll self f d d > Cover hard costs > Make up some of the costs > Satisfy a squeaky wheel – internal constituent
  • 7. What is the real cost of selling sponsorshipsH > What do you have to lose? > Exclusivity > C fli t Conflict > Control
  • 8. Ksing personas K i > Create your executive > Create your sponsor attendee persona persona > Match their needs
  • 9. Identify appropriate opportunities > What are you willing to give up? > What is your organization comfortable with? > Where is the real value to your sponsors? > Where are the conflicts?
  • 10. Identify appropriate opportunities > What works > Speaking > P L lI t Peer Level Interaction ti > Theoretically, theyZre the experts, they want to learn from someone whoZs been there, done that, has the same perspective, someone they can relate to > Forums Debates, Discussion Groups Charlie Rose Forums, Debates Groups, Style Interviews
  • 11. Identify appropriate opportunities > What works > Engagement > G their opinions, l them speak where Get h i i i let h k h they can definitely add value, but donZt let them dominate > Networking > This is what itZs all about > C t t Content > Online, Onsite & After > Elite swag g
  • 12. Identify appropriate opportunities > Common Mistake > Giving them enough rope to hang themselves h l > Keep it simple – if itZs too much work theyZre going to blow it they re
  • 13. Identify appropriate opportunities > What are/arenZt your competitors doing? > Providing sponsorships > Ri l Rituals > Special outings > VIP treatment > Dinners > Parties > After hours > Keynotes > Clubs/organizations/memberships
  • 14. Create sponsorship opportunities > Standardized > Highly evolved partner management organizations may require more strict guidelines in order to maintain objectivity, fairness
  • 15. Create sponsorship opportunities > Standardized > Highly evolved partner management organizations may require more strict guidelines in order to maintain objectivity, fairness > Customized > Be Opportunistic > In this economy, the more flexible, the better
  • 16. Determine best possible sponsors > Stake Holders > Internal Groups > Sales > Partner/Alliance Management Organization > Targets > Lowest Hanging Fruit > C t t B d – obvious solutions providers th t map Content Based b i l ti id that to the content > Strategy Based – key partners, strategic alliances
  • 17. Pricing P i i > Competitive > Comparison > Be Realistic > Keep objectives in mind > Keep current selling environment in mind > Discounting without actually RdiscountingS
  • 18. Educate sponsors on how to market t audience best k t to di b t > Risk = annoying high value audience
  • 19. Educate sponsors on how to market t audience best k t to di b t > Risk = annoying high value audience > Benefit = they do well, you do well; they look smart, you l k smart look
  • 20. Educate sponsors on how to market t audience best k t to di b t > Risk = annoying high value audience > Benefit = they do well, you do well; they look smart, you l k smart look > Mutually Beneficial > They can actually add value > Adds credibility to your own content
  • 21. Educate sponsors on how to market t audience best k t to di b t > C h them Coach h > eou can frame a lot of your own internal rules enforcement/preferences under the guise of coaching your sponsors for success. > Blame the Audience
  • 22. Educate sponsors on how to market t audience best k t to di b t > C h them Coach h > eou can frame a lot of your own internal rules enforcement/preferences under the guise of coaching your sponsors for success. > Blame the Audience RWe do a lot of work with this group, they really seem to appreciate the soft sellS y pp ReouZll do really well with them if youf.SR RWeZve seen people have a lot of success withf withfS
  • 23. Educate sponsors on how to market to audience best > What doesnZt work > Hard sell
  • 24. Educate sponsors on how to market to audience best > What doesnZt work > Hard sell > N peer level participants cheapen the Non l l ti i t h th experience, even if theyZre internal
  • 25. Educate sponsors on how to market to audience best > What doesnZt work > Hard sell > N peer level participants cheapen the Non l l ti i t h th experience, even if theyZre internal > Booths
  • 26. Educate sponsors on how to market to audience best > What doesnZt work > Hard sell > N peer level participants cheapen the Non l l ti i t h th experience, even if theyZre internal > Booths > I f Infomercials i l
  • 27. Educate sponsors on how to market to audience best > What doesnZt work > Hard sell > N peer level participants cheapen the Non l l ti i t h th experience, even if theyZre internal > Booths > I f Infomercials i l > Banners, billboards and logo placements that arenZt tied to anything
  • 28. Educate sponsors on how to market to audience best > What doesnZt work > Hard sell > N peer level participants cheapen the Non l l ti i t h th experience, even if theyZre internal > Booths > Infomercials I f i l > Banners, billboards and logo placements that arenZt tied to anything > Cheap swag
  • 29. Measure > Share it with your sponsors, if you want them to come back > H l th sell th Help them ll themselves, prove ROI l > Show them how smart they are for participating in your event
  • 30. Measure > Measurement is key RCompanies that measure event ROI (overall) are 1 i times more likely to expect an increase in their event marketing budget than those who do not measure.S - Event Marketing Institute – EventView 2008, North America 2008 N h A i