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Hide Value Choice into the Sponsorship Agreement

Hide Value Choice into the Sponsorship Agreement

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What should be included in a sponsorship agreement?

A sponsorship agreement should include the length of the agreement, an exclusivity clause, payment calculation and method, the sponsor benefits, intellectual property rights and termination conditions.

Why do potential sponsors value exclusivity?

The Benefits of Exclusivity on Sponsorship. The benefit to offering exclusivity and locking in a sponsorship is that it takes the burden of not knowing who the sponsor will be next year, and having to line one up, off of the chamber.

What does a sponsorship agreement look like?

A sponsorship agreement is a business contract that lays out terms and conditions between a business and any brand, event, or individual promoting the company. A sponsorship contract can also serve as a marketing agreement or brand ambassador agreement between a company and a celebrity or social media influencer.

What are the key clauses in sponsorship agreement?

That said, the basics of a sponsorship agreement often include: The date the parties enter into the agreement. The names and addresses of the sponsor and rights holder/property. The start and end date the agreement. Terms regarding the right of renewal/right of first refusal.

What do sponsorships usually include?

Sponsors may offer you any of these 15 things besides cash: Exposure. Knowledge. New customers. Second chances at would-be customers. Credibility. Vendor relationships. Event volunteers. Branding.

How do you protect the exclusivity in your brands sponsorship?

Sponsorship agreements need to clearly indicate in what areas a sponsor is being granted exclusive rights so as to avoid conflict. Careful definition of exclusive areas of sponsorship inventory is particularly relevant these days given the proliferation of new media.

What should I offer in return for sponsorship?

Some examples of sponsor ROI for an in person event might include: Logos on printed materials like programs, banners and signage. A booth space where to sell products or advertise services. Names read during announcements. Branded swag (pencils, sunglasses, magnets, etc) distributed in event bags. Logos on event t shirt.

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