sponsorship glossary
TRANSCRIPT
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Activation – a marketing activity you chose to promote sponsorship.
Awareness – how well known a brand is
Brand experience – what consumer experiences, learns and senses through contact with brand
Branding – presence of a brand within marketing activities
Category Exclusivity – the rights of a sponsor to be the only partner in its business category
Channel – A medium through which you chose to communicate with your target audiences.
Co-sponsors – more than one sponsor of the same property
CRM – Customer relationship management
Cross-Promotion – marketing activities that target customers of one brand with promotion of related product
Engagement – a way of interacting with consumers to increase exposure and loyalty to your brand
Fan base – the most loyal consumers of a brand
Licensing – the rights to use the property brand in order to produce items for sale
Market share – a percentage of total market a particular brand usually holds
Media equivalencies – the exposure value of a sponsorship compared to a like amount of advertising time
Objectives – A collection of goals, you set to fulfill with your sponsorship activities.
Platform – A common ground that brings together all of your marketing activities.
Property = sponsee – entity that is receiving sponsorship
ROI – Return of investment for a sponsor
Selling cycle – a time period in which new customer is typically acquired
Signage – all communication elements bearing the sponsor’s logo
Target group – a segment of the market who shares similar demographics or interests
Upselling – selling extended or larger version of a product / service
ChEAT ShEET:
SPOnSORShIP gLOSSARy