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AMA Marketing Effectiveness

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Title: AMA Marketing Effectiveness


1


AMA Marketing Effectiveness Online Seminar
Series Andy Grieser American Marketing
Association

2


A wealth of information is available for
marketing professionals at www.MarketingPower.c
om The 1 marketing site on the web
3
Commonly Asked Questions
  • 1. Will I be able to get copies of the slides
    after the event?
  • 2. Is this web seminar being taped so I or others
    can view it after the fact?

4
Commonly Asked Questions
  • 1. Will I be able to get copies of the slides
    after the event?
  • 2. Is this web seminar being taped so I or others
    can view it after the fact?

Yes
Yes
5
Securing and Growing Strategic Partnerships Strate
gic Philanthropy Series Part II
Sponsored By
6
Agenda
  • How to analyze your best opportunities for new
    and existing partnerships
  • Prioritizing your hit list of prospective
    corporate partners
  • Creating strategies that attract and renew
    higher-level, longer-term partners
  • How to establish the scope of benefits and
    corresponding minimum financial commitments
  • What makes a good proposal and a great
    development team

7
Definitions
  • Sponsorship When a company makes an investment
    in a nonprofit in exchange for marketing and
    promotional benefits
  • Cause Marketing When a sponsor promotes a
    donation tied to sales
  • Grants When a company makes a philanthropic
    investment in a nonprofit without the expectation
    of a marketing or promotional return
  • Strategic Philanthropy When a company makes a
    philanthropic investment in and promotes a
    marketing affiliation around a nonprofit

8
Follow the Money
How to analyze your best opportunities for new
and existing partnerships
  • Track types of corporate commitments youve
    received
  • Grants
  • Unrestricted
  • Program
  • Capital/Endowment
  • Sponsorship
  • Cash
  • In-kind
  • Activation and promotion
  • Strategic Philanthropy
  • All of the above
  • Brain trust
  • Volunteers

9
Follow the Money
  • Track what companies are supporting and for how
    long
  • Mission-related
  • Initiative-specific
  • Program only
  • Fee for services

10
Follow the Money
  • Track who buys the companys products
  • Consumers vs. Businesses
  • Who can you deliver?
  • Organize by industry
  • Example
  • Broadly Financial Services
  • Narrowly Bank, Credit Card, Insurance, Brokerage

11
Follow the Money
  • Track how much companies are spending with you
  • Nickels and dimes
  • Medium-sized
  • Significant

12
Family First
Prioritizing your hit list of prospective
corporate partners
  • Prioritize low hanging fruit
  • Who spends the most?
  • Who has supported you the longest?
  • Who has the most potential to upgrade?
  • Who is the most prestigious?
  • Who is your best relationship?
  • Grandfather your best supporters
  • Success begets success
  • Upsell on activation

13
Build Value and Incentives
Creating strategies that attract and renew
higher-level, longer-term partners
  • Give companies a reason to support your overall
    mission
  • Express why your cause is compelling
  • Use powerful statistics
  • Keep it succinct
  • Demonstrate stakeholder concern
  • Are their customers your donors/volunteers/stakeho
    lders?
  • Showcase your ability to measurably address that
    concern
  • Give specific examples

14
Build Value and Incentives
  • Deliver proprietary programs that have the
    greatest value and reflect your priorities,
    notably ones that
  • Best represent your core essence
  • Have measurable impact
  • Deliver the greatest audience and communications
    reach
  • Deliver benefits organization-wide to maximize
    companys visibility

15
Build Value and Incentives
  • Provide a new level of service that goes beyond
    simply fulfilling benefits
  • Extraordinary recognition
  • Inner-circle networking
  • Activation support
  • Ongoing communication
  • Turn-key implementation

16
Structuring the Offer
Establishing scope of benefits and minimum
financial commitments
  • Group only your meaningful benefits
  • Promotional rights
  • Right to conduct awareness campaign
  • Right to conduct fundraising campaign
  • Logo use
  • Organization
  • Program/Initiative
  • Designation
  • Mission partner
  • Program sponsor
  • Exclusivity
  • By organization-wide or program/initiative scope
  • By timeframe

17
Structuring the Offer
  • Group only your meaningful benefits
  • Opportunity to sponsor major initiatives or
    programs (first come, first served)
  • Recognition/positioning to audience explaining
    why partners are there
  • Publications newsletter, annual report
  • Signage event and program venues, year-round
    site
  • Web site home page, corporate sponsor page
    editorial
  • Equipment
  • Access to audience through sampling or displays
  • Employee volunteer opportunities
  • Activation support

18
Structuring the Offer
  • Pricing Influencers
  • Sponsorship Market value
  • What your sponsors are currently paying
  • What they are paying other organizations,
    factoring relative size and scope
  • Scope of benefits organization-wide vs. program
    only
  • Cause marketing Market value
  • Minimum guarantee based on sponsorship fee
  • Size and scope of promotional commitment
  • Grants Program direct and indirect costs
  • Strategic philanthropy
  • All/some of the above
  • Must be significant and long-term

19
The Proposal
What makes a good proposal and a great
development team
  • Key elements to your master deck
  • Translate your mission to show how you get the
    job done, demonstrating the impact where you can
  • Highlight your strengths based on comparative
    analysis
  • Make a compelling case
  • Find the natural fit
  • KaBOOM! and Stride Rite
  • Rock the Vote and Motorola
  • Lead with promotional concept
  • Americas Second Harvest General Mills

20
KaBOOM! and Stride Rite
21
Motorola and Rock the Vote
22
Americas Second Harvest and General Mills
23
The Development Team
What makes a good proposal and a great
development team
  • Sponsorship and Philanthropy are
    coordinated Example VP Strategic Philanthropy
    oversees Development and Sponsorship
  • Marketing and communications serve as support
    teams to Development
  • Work closely with program-specific departments to
    create proprietary programs and foster buy-in
  • CEO/Executive Director actively participates in
    key presentations/meetings

24
The Development Team
  • Profile of successful development team
  • Proactively pursues relationships
  • Listens more than talks
  • Spends a lot of time tailoring talking points
  • Approach is partner-like
  • Proactively collaborates internally
  • Translates what nonprofit has that is of value to
    corporation

25
Thanks for your time and participation today!
To replay this webcast go to www.MarketingPower.
com/strategyseries For copies of todays
presentation http//www.nptimes.com To contact
todays speaker Paula Berezin pberezin_at_socialc
apitalpartnerships.com Questions for AMA
Andy Grieser agrieser_at_ama.org
26
2005 AMA Nonprofit Marketing Conferencein
partnership with the American Marketing
Association Foundation
  • THE BUSINESS OF TRUST
  • Marketing Integrity and Value Through
  • Accountability ? Constituency Focus ?
    Relationship Marketing

July 11-13 ? Mandarin Oriental ? Washington,
D.C.
Join corporate and nonprofit marketing leaders
who will share strategies, experience and advice
with a new focus each day of the
conference For more information and to
register, visit www.MarketingPower.com/nonprofit
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