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In this video tutorial, Chris Bayliss, president and CEO of the sponsorship collective, discusses the concept of a sponsorship letter. There are two basic frameworks for a sponsorship letter: one is a cover letter for a sponsorship proposal, and the other is used when you are having difficulty reaching a prospect. It is essential to craft a compelling sponsorship letter to effectively communicate your event's value and secure funding opportunities. Subscribe for more insightful tips on sponsorship strategies.