100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Samenvatting Event Communication & Sponsoring $5.93   Add to cart

Summary

Samenvatting Event Communication & Sponsoring

 15 views  1 purchase
  • Course
  • Institution

Summary of all modules in the Event Communication & Sponsorship course. The lecturer was Bart Arrazola: in the year 2023.

Preview 4 out of 36  pages

  • January 20, 2023
  • 36
  • 2022/2023
  • Summary
avatar-seller
EXAMEN




ECS
2023




SAMENGEVAT DOOR TIBO LE ROY VOOR HET OLOD
EVENT COMMUNICATION & SPONSORING

,SPONSORING OF EVENTS PAGE 1




1..SPONSORING OF EVENTS
1..WHAT IS EVENT SPONSORING

1.1 WHAT IS EVENT SPONSORING
Event sponsoring is investing in an event in order to get certain benefits
from the event.

EXTRA INFO:

-To companies, sponsoring can be one of their ‘marketing communication
tools’.

-Some have foreseen a sponsoring budget, some haven’t.

-An event manager SELLS a sponsorship: you offer something and in return
you ask for a correct price! (be it money or in exchange)

-The price should be calculated as correct as possible, based on the (real or
estimated) financial value of all benefits offered.


2. UNDERSTANDING THE PERSPECTIVE OF THE SPONSOR

2.1 BRAND AWARENESS & BRAND ATTITUDE
Awareness: make people know their brand.

Outside the event: logo in event ads, on event website, on event social
media
At the event: logo on stage, on banners, on screen = visibility, branding.

Attitude: make people love their brand: live interaction needed!

Branding only has a result on the LT (long term) > sponsor looks for
consistency in supporting a certain type of event and a certain event.
Sponsors don’t switch each year.




Brand awareness > Logo in the
marketing communication of the
event, outside of the event: website.

,SPONSORING OF EVENTS PAGE 2




Brand awareness > logo at the event




Brand awareness > KBC does
branding at the event




Brand attitude > KBC interacts with
the public at the event




2.2 ASSOCIATION WITH A VALUE
Companies don’t want to be seen as the dirty moneymakers (anymore)
Companies like to sponsor an event which represents a certain value they
care for. By sponsoring, the value of the event radiates to the sponsoring
brand.

Possible human values: sustainability, brotherhood, diversity, fair play,
tolerance, solidarity, authenticity, ecology, integration, social
responsibility, charity... Again on LT! (long term)

Example: Coca-Cola proudly sponsors the Special Olympics




Short term sales
(sales on ST)

, SPONSORING OF EVENTS PAGE 3



2.3 HOSPITALITY
For client relationships
For employee relationships

RECAP: WHAT DOES SPONSORS EXPECT IN RETURN FOR SPONSORSHIP?

1) Brand awareness & brand attitude
2) Association with a value
3) Short term sales
4) Hospitality

2.4 HOW TO MEASURE IMPACT?
1) They measure the financial value of sponsor-driven media coverage,
versus what they've paid.

Commercial coverage: logo in marketing campaign of the event.
Editorial coverage: logo in media articles, news items about the event.

2) They measure the change (before/after event) in public's awareness /
attitude of the brand.

3) They measure the change (before/after event) in ST sales

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller leroytibo. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $5.93. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73918 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$5.93  1x  sold
  • (0)
  Add to cart