Dollarmakers.com BLOG

Friday, October 06, 2006

Why Sponsorships Work

We all know that third party endorsements work well. Instead of advertising, think about sponsoring events and individuals that can bring you a far larger return on investment that any advertising ever could. Look for specific, focused endorsement, a system to promote your product and service, commitment and measurability. Long term sponsorships work very well compared to once-off, shot-in-the-dark sponsorships.
Instead of spending $1 on each of 100 random suspects, spend $10 on each of ten carefully selected, ideal prospects. Get promoted on a regular basis by someone whom they respect and trust. Be the automatic choice, top-of-mind, go-to person - something that would cost millions in conventional advertising, for pennies on the dollar.
Sponsorship, when properly done, is a far better investment than networking, advertising or direct mail. See the real life example below.
Robin J. Elliott www.DollarMakers.com

Robin J. Elliott's flights are fully sponsored bySandra Dindayal Manbodh, a Travel Consultant with TRAVELONLY.
Her address is 415 Oakdale Rd suite 224 Toronto M3N 1W7 Tel 647-724-5296
Robin highly recommends her services and he uses her for all his personal travel arrangements as well.