Why you can't get sponsorship.
Around the beginning of the year we usually get a bunch if emails asking Clean Image to sponsor their racing car ( bike or boat). Generally they tell us little about themselves, generally they don't ask for any particular amount, or if they do they ask for way too much. Often all we receive is a standardized flyer given to them by their race series organizer -- these may well be well presented PDF files with lots of glossy pictures, but basically, the proposal is still the same...
"Give me money, and I'll put your sticker on the side of my car."
I'm in charge of marketing here and so I know a bit about the subject. There is one golden rule that I go by, it is this:-
For an advertising/marketing campaign to be successful, it only needs to pay for it's self.
In other words, I need to break even and get my money back - that is easier said that done! Most advertising campaigns I have tried either make a loss or barely break even, despite these being carefully crafted and planed with lots of words and pictures and being well placed in magazines and newspapers. So you have to ask yourself, what chance have I got of making my money back just by having my company logo on the side of a car? The answer is practically Zero! In fact, I think I'd probably stand a better chance spending my money on lottery tickets.
Don't get me wrong, motorsport sponsorship can be very successful, but that would be at the higher levels of the sport where there is media coverage, and even then the companies that do it have professional marketing people who can exploit this for maximum return. At that level of motorsport there are agents and agencies to take care of that kind of thing.
It just so happens that during my career in marketing, I have briefly been involved in motorsport sponsorship, so I know a little about this too... so when I get a sponsorship proposal, if I see an opportunity, I do know enough to be able to turn things around and make it work. however... I just don't have the time - it can be a lot of work when you are trying to 'organize' somebody who has already taken your money! You have to choose the people you sponsor with great care, not just choosing people who win races which actually isn't very important.
So, if you do a bit of motorsport as a hobby, and have written (or emailed) several dozen companies asking for sponsorship and had no interest at all, you now know why!
1. You are offering nothing of value.
2. Although what you offer may have a potential value, the company you are approaching just can't spare the time and effort to exploit the opportunity.
How to get sponsorship.
The answer is three-fold, firstly you have to build value into your sponsorship proposal, secondly you have to do the work to make it happen, you need to be able to say, "Don't worry, I'll take care of everything". And thirdly, you have to wrap it all up in an attractive package. (It helps if you and your car are an attractive package to begin with, which is why it may be easier for young ladies to get a sponsor.)
Building in Value.
As already mentioned, having my logo on the side of a car is worth nothing to me. Any marketing or advertising guy worth his salt knows that you logo doesn't sell your products or services - a logo is just a logo. When my company has branches in every major town in the UK, then I will start caring about 'brand awareness', but even then, it will be a low priority! Brand awareness is not a selling point for the guy who owns a service station in your village -- think about it!
Instead you need to offer something that can be used in a company's marketing.
A fully kitted out racing car is a real head turner when placed in a mundane setting. When it's actually in a race it is among dozens of other racing cars and the only people to see it are the people who have gone along to the race... and they will likely be blind to advertising. But if you place a racing car outside a place of business which is on a busy road or highway, they it will draw attention. Passers by will stop for a look.
So, if you race on alternate weekends or once a month, consider parking your racing car outside your sponsor's place of business on the other weekends. When making a proposal for sponsorship, state that you are willing to do this, and be willing to sign a contract saying that you will do it a certain number of times through the season. (Obviously there needs to be some flexibility here as there will be times where you need the car for maintenance.. but bare in mind that a racing car doesn't look like an authentic racing car until it has some 'rubbing marks', battle damage and plenty of dirt on it!).
The Race Reports
I don't know why, but a lot of people fail to find motorsport
interesting. However, just about any sport is interesting, and even exciting
when you have something invested in it and are someway involved. So why
is it that so many people want to take the money and run when it comes
to motorsport sponsorship? Do everything you can to get your sponsor involved
in the actual racing, i.e. send them any spare tickets you have.
When you make a sponsorship proposal, promise to give a report after every race. Really, this is so easy - give a rundown of the qualifiers, a summary of the race, note any technical difficulties you had (in not too much detail) and describe any crashes you had (in far greater detail). Say (in words - leave the tables and charts to the end) how well you did in the race, how you are doing in the series and what your expectations are. All you have to do then is add in some photos. Make this report easily available to the company and their staff so they can pin it on the notice board, hand around a newsletter or send out an internal e-mail.
Put it this way... photos tell a story, and the more photos you have, the less you have to write!
And don't rule out video either. It is child's play to take a movie clip and put it on YouTube... in fact a lot of our children are doing it! This is the way the world is going and it will soon be something we take for granted.
Putting the photos and race reports together
You are in a superb position to provide content for a website, and it's exactly the kind of content that is great for the web because it can be described with the written word, it can be photographed, it can be filmed, and it can be serialized into regular installments. It's also 'link bait', which means that people will link to it, because hopefully, it's interesting. This means you generate traffic for the site.
Unfortunately, many marketing stigs haven't realized this, and many companies don't even have a marketing stig or a website! So it is up to you to understand this and to sell it to any company you are making your pitch to.
There is a fair chance that you are the kind of person who doesn't trust technology unless you can pull it apart, see all the cogs and gears and know how it all works... in which case, computers really aren't your thing. But even so, desk-top-publishing is so easy these days that even with your one-finger-typing you should be able to knock up a monthly article which your sponsor can put on their website. (A superb example of a write-up can be found here)
For those people who are more at home with computers, there are a world of possibilities.. you can write motorsport news articles on your series and have them syndicated so they link back to your sponsor's website, you have have RSS feeds and e-mailing lists. You can even send out race results to peoples mobile phones.
Have your own web presence
Having your own website serves a number of purposes. If you haven't got a sponsor yet, it shows potential sponsors what you are prepared to do for them. They will see that if you are capable of getting photos and writing up race reports for yourself, then you are capable of providing content for their website, news letter etc.
It also serves as a showcase for the actual car and the type of racing you do. So many people approach me without so much as a photo... I would at least like to know the colour of the car I'm being asked to sponsor.
Having your own web presence also allows you to link to your sponsors - if your sponsors have a website and are actively promoting it, they will be looking for links. If your website also links with other sponsors, and with other racers, clubs and forums (reciprocal linking is a subject for another day!) then you will end up with quite a popular site, giving value to a link from you.
Your website also serves as 'the package' I mentioned earlier. It will certainly do you no harm to give a slick and professional presentation.
If you want a sponsorship deal, you have to work out a deal where both you and the sponsor benefit. this means offering something in return for the money... I am afraid you will have to earn it because unless you are Michael Schumacher people who are going to throw money at you just for having your name on the side of a car are going to be few and far between (In fact, even Michael Schumacher has to work for his sponsors, putting in personal appearances, photos shoots and filming adverts).
Recognize what might be useful to a marketeer, package it up, be prepared to do most of the work and the organizing - this would include having a sign-writer put the company's logo on the car. Propose a written contract stating that you will do what you what you have negotiated with the company.
When appraoching a company for sponsorship, have some numbers ready. State how much it is costing you for race entry, transport to races, fuel, and other costs. Don't just put your hand out and hope they will give you a wad of cash, ask them to cover certain costs. Bare in mind that an advert in the yellow pages costs hundreds, not thousands and is more likely to give a return. You can even put your proposals on your website.
This page was last updated on Fri, 27 September, 2013
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