iSponsor Stream - Creative Interactive Sponsorship Solutions
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Archives: 2009

 

12-Step Program for Traditional Marketing Addicts Embracing Interactivity

An anonymous 12-step program for those 'traditional' marketing addicts as they finally embrace Interactive methods, utilizing not only online but onsite accountability:

Step 1 - We admit we were powerless over our addiction - that our strategies had become non-sellable.

Step 2 - Came to believe that an interactive power greater than ourselves could restore us to our once enjoyed glory.

Step 3 - Made a decision to turn our will and our direction over to the care of social media, as we understood social networking to be, even as it constantly evolves.

Step 4 - Made a searching and fearless moral inventory of ourselves and promised to turn over ROI, if we found any.

Step 5 - Admitted to the industry, to ourselves, and to another consultant, the exact nature of our wrongs.

Step 6 - Were entirely ready to have interactive methods remove all these defects of creativity.

Step 7 - Humbly asked our interactive Sponsors to remove our shortcomings.

Step 8 - Made a list of all clients we had harmed, and became willing to make amends to them all, even promising engagement leading to a healthy marriage.

Step 9 - Made direct amends to such consumers wherever possible, except when to do so would benefit them or others if they ridiculed us.

Step 10 - Continued to take analog inventory and when we were wrong promptly admitted it.

Step 11 - Sought through search and social media to improve our conscious contact with 'Interactivity' as we understood it, praying only for knowledge of industry's will for us and the power to carry that out.

Step 12 - Having had a rude awakening as the result of these steps, we tried to carry this message to other traditional marketers, and to practice these principles in all our affairs, legitimate or extramarital.

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Filed under  //   Archives: 2009   Sponsorship  

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Open Letter: Attracting Sponsors, Provide Solutions, The Harsh Reality

People often make the mistake I am a sponsor 'finder.' I am actually a sponsor matchmaker. I don't 'sell' sponsorship packages, I match opportunities; besides, sponsors should not be solicited to 'spend' money, they should be asked to 'invest' their money.

I create campaigns to attract sponsors to invest in what you have to offer. The harsh reality is you need help developing your proposal, not in selling it; if your pitch was 'sellable,' you would have done it already. And until you realize the 'true' Sponsorship agent/consultant is not the one who is hired only to sell your proposal but is the one who helps you develop it first, you will continue to wonder why the sponsors are not knocking at your door.

You desperately need an activation strategy and an interactive campaign attracting sponsors to the table willing to invest in your common agendas. Also never forget concept is great, but execution is key, so choose your agent/consultant/partner accordingly.

Keep in mind the 'saturation' point of having to go to sponsors with different proposals all the time, representing different products/pitches/clients. That's not what a 'real' sponsorship consultant/agency should do. It's not about burning bridges, it's about building relationships. I love allowing the sponsor access to an exploitable business potential that we both helped define. The 'selling' is just a matter of fact then.

Involve your potential sponsor prior to approaching them with your finished offer of sale. Involve your sponsorship consultant prior to asking them to sell your sponsorship deck. Instead, have them develop it, because they know how to approach their sponsor contacts and what 'they' want. They speak the same language. Invest in sponsorship consultancy to find the ways for sponsors to invest in you.

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Filed under  //   Archives: 2009   Sponsorship   What Do I Do?  

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Emotional Connection - Courtship and Technique

Shaken or stirred? Olive or twist? As Jon Bonné, wine editor of The San Francisco Chronicle writes, "the gin martini is about the courtship between two complex ingredients. That deceptive minimalism makes it a triumph of technique."

Similarly, the courtship of emotional connection is critical to the makeup of the triangle between the brand/sponsor, the venue/property, and their (hopefully 'shared') audience.

The venue may reach with its audience by default through a pre-established following generated via the event and/or the talent. The venue, event, and talent also can easily work out a mutually beneficial arrangement with their sponsor. That leaves only the sponsor/brand and its emotional connection with the audience as the last piece of the puzzle for a perfect activation.

The sponsoring brand is usually the one picking up the tab, in exchange for using the venue/event as a vehicle to reach its intended audience. But it needs to establish its own emotional connection with the audience in order for the 'reach' to resonate into engagement, and continued courtship culminating in a lasting marriage.

And as with the gin martini, not the 'pretend' cocktails that borrow the martini name, there is no 'perfect' recipe. However, the brand should employ proper techniques for establishing emotional connection with its consumer. The brand should encourage frequent, habit-forming but voluntary interaction, and find various methods to build cumulative value for its customers based on that interaction. Positive shared experiences only add to the mix. Relevant brand association and admirable brand representation are keys to a successful campaign. Of course without a saying, the product has to be good too.

Woo (or court) your sponsors accordingly, and provide them opportunities for positive brand association and emotional connection with the audience, yours and theirs.

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Search and Share Movie Clips and Get Your (Business) Message Across Effectively

Watch what you only want to watch, or browse through the best of the best, and be able to share it online, including Twitter. Thanks to movieclips, you can search over 12,000 two-minute clips of your favorite movies. So far six studios (Universal, Paramount, Fox, Sony, MGM, Warner Bros.) have signed up.

Soon anyclip will be launched, also offering similar services. You can follow both @anyclip and @movieclips on Twitter.

I see this concept utilized in various ways besides the obvious. I think it may become an effective tool in business communications. It's definitely an interactive way to get the message across to your business partners/clients. Just attach the 'right' movie clip conveying what your point is and voila. Both entertaining and effective. And you don't have to spend thousands to create and develop your own content. Let Robert DeNiro or Al Pacino say it for you. Now, "I have a feeling we're not in Kansas anymore" can have a whole new meaning.

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Missing the Point on White House Party Crashers

You all have come across party crashers. Most recent and popular among them are the so-called 'White House Party Crashers.' Vinu Joseph of @IEG, based on an article in The Washington Post, now claims "the couple staged an international polo match which ended up with dissatisfied attendees, unpaid vendors and charities getting far less than what might have been expected."

Have you also come across such irregularities in the sponsorship space you might have been involved with? Were things promised and not delivered? But most importantly, was the party crashed? What does all this do to your sponsor's reputation?

Speaking of party crashing and the White House embarrassment and Sponsor/Brand reputation, why is all the emphasis on the couple who made their way into the party due to apparent and obvious weaknesses in the system?

I've been involved with many high-profile events, among them the Golden Globe Awards for the past few years. As you can imagine we are often faced with celebrities with big egos, and their entourage some of whom not on any guest list. But security is airtight; and no one is allowed on the red carpet (never mind the list) if their credentials/badges embedded with microchips displaying their digital images on a computer monitor do not match the faces and the IDs of their rightful owners wearing those lanyards, all the while they are being poked and prodded and sniffed along the way.

Why can't digital identification replace analog lists, which frankly more often than not lead to the opposite outcome than the one at the White House, getting in the way of people who in fact are invited but not able to get in because of some clerical mishap.

Welcome to the Now! Bring your clients/sponsors along for the ride! Go Interactive!

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Sponsorship is a Threesome

Jeff Blackman's article subtitled creative 'back door' strategies to find new customers is worth a second look.

Sponsorship allows you to capitalize on and leverage OPR: other people's relationships. First, let's define what a 'sponsor' is. A sponsor is an individual, company, organization or association that pursues and benefits from the same or similar target market(s) or target customer(s) as you. While your products and services are non-competitive, they're likely to be complementary.

Often times, sponsor seekers don't keep in mind the prerequisite alignment between themselves and their sponsor prospect(s). Rather than ask a sponsor to spend money, by offering among other things a link to the sponsor's website for example, while not recognizing that sometimes the sponsors are much bigger/larger with a wider audience than those seeking them, a 'partnership' benefiting all parties including the intended audience should be proposed. Just think of it as a threesome of sorts.

Creative sponsorship is a wide open space. Build your own solution, but do it with the sponsor in mind. And approach the sponsor before the campaign is developed. This way, in the end, you'll be able to ask the sponsor to 'contribute' their share of what they helped create. While all along keeping the audience updated on what to expect, as well as encourage their participation in the process, via social media.

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Filed under  //   Archives: 2009   Sponsorship   Sponsorship is a Threesome  

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Problem with Stealth Sponsored Tweets

John Chow is not shy about making around $3,000 a month on Twitter for getting "paid for pushing a button." According to the NYT article, "a friend's tweet could be an ad."

I see no problem with Twitter 'faux celebs' pushing vendor products and getting paid for them. I am troubled, however, with the 'covert' pretense of most among them. Just as some full-page articles in prominent newspapers/magazines have a disclaimer 'this is an advertisement,' 'sponsored' tweets should be regulated to post such disclosure.

Otherwise, the fine line between a true recommendation of a brand/product and a sponsored one becomes too blurred. As Pete Cashmore writes, "I posted on Facebook about my new MacBook Pro. I'm very pleased with it. Today a friend posted that he's ordered a new MacBook Pro based on my purchase. Do I expect Apple to pay me? Heck no: my payment is knowing that people trust my recommendations. That builds more trust." But how would we know Pete's or anyone's honest intentions if such a disclaimer was not forced onto the Twitterers who actually get paid to tweet something similar, regardless whether they actually do in fact love the product they are 'endorsing.'

Every time I post a tweet about a brand or a product, I get nervous too. I sometimes wonder if my followers would assume I was getting paid. Knowing that even if I was I would only promote items that I really do enjoy/endorse, is not enough to build credibility and trust. But if I was to mention that particular tweet was 'sponsored' and if I only do so on some occasions (as some do), and not on very single tweet (as some others do), I wouldn't be ostracized as much I would think.

In the end, I do wholeheartedly agree with Pete (@Mashable) when he writes, "that's the exact same outdated model of interruption-based advertising that we've been trying to block out with a TiVo or an internet ad blocker." I also think it is quite important to read/find out the recommendations of the 'people I look up to' as some of you (those whom I follow) are. I just want to know if you're sincere or getting paid for it even if you are.

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Filed under  //   Archives: 2009   Sponsorship  

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Numbers and Social Media

No one would argue brands should know their audience; but simply having an audience versus engaging that audience is where strategy meets content, and brands better start paying attention.

Content sharing strategy should be the prerequisite to content development strategy. And not only do we need to think of satisfying our intended audience, but we must also excite the influencers with whom we want to share our content, to reach more of our audience.

Does your content appeal to this intermediary audience? Would it make them more relevant? What would they get out of sharing your content with their followers? These are some of the questions you must ask of your strategy planners.

As is true with sponsors and brands, even in individual cases within social media, numbers aren't everything if the audience is not relevant, and worse if the message is not being shared. It all comes back to the 'quality versus quantity' question says @jenkettlewell of Moxie Maven. It's great to have a huge following, but it doesn't make any difference if the audience doesn't care about what we are saying.

Welcome feedback, in fact encourage it. Don't forget the strategy/campaign needs to be aimed at the audience, not adored by your marketing department.

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Outsourcing Sponsorship Deals

The Age, Australian edition, reports that Qantas Airlines has axed its internal sponsorship division in favor of outsourcing sponsorship deals.

The article paints a negative picture from the standpoint of Qantas sponsorship recipients as "throwing into doubt the future of tens of millions of dollars of sponsorships."

I see it as quite the opposite. Qantas will now be able to divert its resources to other areas and instead concentrate on the main focus of the airline's core business. Besides, all sponsorship deals will (and should) still be reviewed internally.

The sponsorship agencies, especially the interactive ones specializing in engagement, are better equipped to lower cash outlays via embedded advertising/marketing creativity and campaigns, while maximizing ROI for their clients.

Obviously, simply turning the business over to any ad agency, no matter how a big a name it has made for itself, may not be the right answer. Digital strategy decisions should not be at the hands of traditional marketing outfits.

Now, the challenge is for the sponsorship agencies to hold up their end of the bargain, and deliver promising results, if they would like this trend to continue. I believe it can be done. It's a win-win for all parties. And I welcome it!

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Filed under  //   Archives: 2009   Sponsorship  

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Measuring ROI

All I hear about nowadays is how difficult measuring ROI in Social Media can be. As Ken Kaufman in CFOwise Blog writes, "Social Media is about branding, not advertising," and so it seems, at first look, very difficult to quantify the everlasting results of brand development, at least immediately.

But how easy is it to measure the return on traditional advertising anyway? While it is true that Social Media adds value to the brand, and therefore is a significant influencer, its ROI can also be measured in terms of its alignment with the greater strategy and the results the overall campaign achieves.

Here's Mashable's look into HOW TO: Measure Social Media ROI.

It is quite possible to add quantitative elements to an Interactive Campaign utilizing Social Media. We've been able to do it for Sponsors via Live Events. The pre-event buzz generated on social networks (including offering discounts off admission prices to people who followed on Twitter or signed on as Facebook fans), together with follow-up post-event activities featuring highlights of the event, promotions on related and future events, continued audience interaction and feedback, and product offerings, are all measurable/trackable avenues. And at the event itself, onsite interaction and the instant action options all culminate the entire process into a very measurable model.

All attendees at a recent event were able to type in the unique code found on their e-tickets, register through a URL the sponsor created and used specifically for the promotion to win one of the prizes -products of the sponsor. But all attendees, even if they were not among the winners, were given a free download. Based on those registrations, and the tracking of the downloads, the sponsor was able to determine how many actual paid downloads were achieved throughout the rest of the season as a result. Not only were they able to see who the new engagements are, they also knew from what event, venue, and when.

The best part of this whole experience for the sponsor was our PPP (pay-per-purchase) approach. Rather than asking the sponsor to 'spend' money on gold, silver, or bronze 'sponsorships,' we were able to convince them to try our 'Interactive' methods, once they realized they'd only pay if the program was successful. It wouldn't cost them anything to try. It was definitely a win-win for all; including the audience who benefited from a hands-on approach, as well as voluntary but willing engagement rather than resigned submission.

The emergence of digital technology utilized both onsite and online, increases brand awareness and consumer loyalty by generating a high involvement with your target group. The new digital feedback mechanisms offer advertisers a wide variety of possibilities, limited only by imagination. And measurable ROI.

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Filed under  //   Archives: 2009   Measuring ROI   Sponsorship  

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