Sponsorship for YWCA Walk a Mile in Her Shoes by APL Oil & Gas (1998) Ltd
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This report discusses the sponsorship of YWCA Walk a Mile in Her Shoes by APL Oil & Gas (1998) Ltd. It covers the benefits to sponsors, sponsorship levels, marketing objectives, and activation tactics.
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Running head: SPONSORSHIP1 Sponsorship Name of the Student: Name of the University: Author Note
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SPONSORSHIP2 Abstract The report intends to discuss about the sponsorship of an event named YWCA Walk a Mile in Her Shoes. The first part of the report deals with a brief introduction of sponsorship followed by the determination of asset value if the event. It evaluated the benefits that are provided to sponsors by the event organizers and the sponsorship package has been presented. To represent the sponsor, marketing objectives that needs to be attained through sponsorship have been studies along with the activation tactics need for achieving the objectives. Keywords:Sponsorship, sponsors, brand awareness.
SPONSORSHIP3 Table of Contents Introduction......................................................................................................................................5 YWCA Walk a Mile in Her Shoes and its value of assets...............................................................5 Benefits to sponsors.........................................................................................................................6 Engaging with audiences.............................................................................................................6 Presence on event webpage.........................................................................................................6 Exhibition....................................................................................................................................7 Creating social media presence...................................................................................................7 Partnership...................................................................................................................................7 Insight into sponsor’s target consumers......................................................................................7 Introducing the sponsors..............................................................................................................8 Return on investment...................................................................................................................8 Promotion through event management apps................................................................................8 Collecting feedbacks....................................................................................................................8 Sponsorship Levels..........................................................................................................................8 Additional information for sponsors..............................................................................................10 Company overview of APL Oil & Gas (1998) Ltd.......................................................................10 Marketing objectives of APL Oil and Gas (1998) Ltd..................................................................11 Building credibility....................................................................................................................11
SPONSORSHIP5 Introduction According to Cornwell (2014) sponsoring refers to the act of supporting an event, organization or a person through providing products, services or financial benefits with an attempt to enable them to perform effectively to achieve the desired goal. The group or the individual that provide the support is known as the sponsor. In the recent years the event industry has seen a rise in competition among the sponsors (Cornwell, 2014). Sponsorship is no longer limited to just providing financial support to the events. The involvement of sponsors with the events and the event planners and managers has been increasing with the increased use of digital platforms. Sponsors these days come up with new ideas to make the marketing of the events more innovative. This in return helps the sponsors to survive in the competitive world of sponsorship. Event managers by carefully choosing their sponsors can boost their brand reach, create a band identity, compel more people to connect with the event and carry our effective online marketing campaigns. This report deals with the sponsorship of ‘YWCA Walk a Mile in Her Shoes’ by an oil and gas company in Calgary, ‘APL OIL & Gas (1998) Ltd. The property has been represented by determining the value of the property, listing ten benefits that can be offered to the sponsor and listing five sponsorship levels. For representing the sponsor, the company profile of APL Oil & Gas (1998) Ltd has been studied followed by the identification of marketing objectives of the sponsor and three activation tactics that will help in attaining the objectives. YWCA Walk a Mile in Her Shoes and its value of assets YWCA Walk a Mile in Her Shoes is a pledge-based fund raiser event that takes place in Canada, is aimed to stop violation against women (DeGue, 2014).Every year, in the month of
SPONSORSHIP6 May, around 200 men join the movement by waking miles wearing high heels of women to help raise awareness of family violence and abuse faced by women across the world (www.walkamileinhershoes.org, 2017). The fund raised from the YWCA Walk a Mile in Her Shoes is used to by the service providers who work for protecting women and children from domestic violence. According to (DeGue, 2014)YWCA’s Sara McKnight Transitional Living Center provides education, health facilities, housing, life skills, case managements and much more to women and children who are underprivileged and face homelessness. Benefits to sponsors To decide the benefits that can be provided to sponsors, event planners first need to research about the sponsors to know their requirements and their engagement with previous events and the sponsorship policies need to be reviewed (Scheinbaum, & Lacey, 2015).The following are some of the benefits that can be offered to a sponsor: Engaging with audiences These days the sponsors want to connect more their potential customers through the events which they sponsor. Sponsors can be provided the benefit of engaging with audiences by offering them the opportunity to come up to the stage and speak to the audiences about their products or services (Johnston & Paulsen, 2014).This helps the sponsor to widen their reach and promote their business, create brand image and brand equity. Getting such opportunity sponsors can connect more with their customers and can build a good relationship with them. Presence on event webpage Including the name and logo of the sponsors with a link to their website on the webpage of the company hosting the event can be a great way to provide exposure to the sponsors. This
SPONSORSHIP7 would act as promotion for the sponsors since the company’s name and logo would be viewed by the people visiting the website of the event and the link would led to more website visit of the sponsors resulting to increased visibility. Exhibition Sponsors may be provided the befit of displaying their goods or show demo of their services to the attendees through an exhibitions at the event venue (Moise, 2015). This help them to promote their goods and services and give the attendees an insight into their business. Creating social media presence Event planners or organizers can acknowledge the contribution made by the sponsors towards success of the events either before or after the event on the social media. This largely benefits the organization of the sponsors since it increase their social media presence and visibility which is good way of marketing. Partnership As an event host, benefits of partnership can be provided to the sponsors of the event. In the views ofVirvilaite, & Dilys, (2015)partnership with the event hosting organizations would help the sponsors to achieve success in the long run due to the cordial relationship with the event organizers. Insight into sponsor’s target consumers By conducting a well research by the event managers about the attendees of the event will help the sponsors to get an insight into their target customers and would make it easier for them to tap the target segment.
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SPONSORSHIP8 Introducing the sponsors The aim of sponsors is not just to provide support to the events but also to get introduces to a net of new target customers which is only possible when a brief introduction of the sponsors is held before the start of an event. Return on investment Sponsors would not enter into the sponsorship agreement unless they are sure of gaining a good return on investment. Surveys can be conducted to understand the views of the attendees about the sponsor company (Cameron, 2014). This data can be used to help the sponsors set goals for their business. Promotion through event management apps According toScheinbaum, (2016),promoting the business of the sponsor on behalf of them would be of great benefit for the sponsors. Online marketing campaign can be carried out promoting the sponsors through event management apps. Collecting feedbacks The events can offer benefits to the sponsors by collecting feedbacks of the attendees about the introduction of the sponsors and their engagement with them this would help them to improve their service and overcome service gaps. Sponsorship Levels Presenting sponsor- $13000+ Promotion through event management apps Name and logo on webpage
SPONSORSHIP9 Opportunity for the sponsors to speak at event with the attendees Naming rights Collection of feedbacks Display exhibition Silver Sponsor- $ 2500+ Company name listed on event cards, posters and t-shirts Recognition Website promotion Social media presence Platform Sponsor- $1000+ Naming rights Website promotion Promotion through event management apps Company name listed on event cards, posters and t-shirts Introducing the sponsors Diamond Sponsor- $5000+ Insight into sponsor’s target consumers Social media presence
SPONSORSHIP10 Social media acknowledgement Exhibition Gold Sponsors- $8000+ Speaking opportunity for sponsors Website promotion Social media acknowledgement Name and logo on webpage Introducing the sponsors Additional information for sponsors The sponsors of YWCAA Walk a Mile in Her Shoes would like to inform its sponsors that the funds raised from the event will be fully used for the betterment of women and children of the society and no illegal actions are present in the event. The managers and organizers of the event promises to maintain a long term relationship and partnership with the sponsors. Company overview of APL Oil & Gas (1998) Ltd APL originally known as Atkinson Petroleums Ltd. was found in 1967 by James Liny Atkinson and is involved in exploration of oil and gas in sylvan Lake, Grande Prairie and Kaybob of Alberta (Apl98.com, 2015). The company changed its name from Atkinson Petroleums Ltd. to APL Oil and Gas Ltd. in 1973 and the name was changed to APL Oil and Gas (1998) Ltd. in 1998 after which APL developed new assets from 1998 until 2012 in the World
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SPONSORSHIP11 River area. APL Oil and Gas (1998) Ltd have been known for their commitment and strong relationship with their client. Marketing objectives of APL Oil and Gas (1998) Ltd In the opinions ofPokrywczynski, & Brinker (2014)sponsorship is a brilliant marketing strategy since it helps the sponsor to increase its reach and visibility and promote its goods and services to the attendees of an event. Following are the two marketing objectives of APL Oil and Gas (1998) Ltd that is intended to accomplish from the sponsorship of YWCA Walk a Mile in Her Shoes: Building credibility Businesses get a little opportunity to establish a rapport with the potential and current customers and build trust and credibility. Due to this issue, the primary objective of the company is to gain trust of the target and potential customers. By sponsoring an event of social cause, a company can increase its credibility and spark interest within people (Donlan, & Crowther, 2014). The company focuses on this objective to make potential consumers identify the brand for its supportive nature and generosity and make them perceive as a company which supports the social cause on which the event is based on. Brand awareness Another objective that the company aims to accomplish is creating brand awareness among the target audience. According toJallehet al.,(2002).sponsorships are an effective way to create exposure without investing much on marketing campaigns. It helps the company to promote itself by presenting its products or services in front of the attendees and capture a huge market share.
SPONSORSHIP12 Activation Tactics Presentation The marketing objectives can be met by a company by presenting itself in a proper way in front of the attendees. This can be done by delivering its views and opinions on the cause of the event and supporting the initiative taken by YWCA Walk a Mile in Her Shoes. Offers The company can promote themselves by providing the attendees a discount for purchasing their products. Offering discounts attract more number of customers towards a business helping in expanding the market share. New product launch To promote the business, sponsors can launch their new products at the event or introduce the attendees to the new innovation. This increases the interest of the consumers as well as makes them well aware about the products or service. Conclusion Thus from the above discussion it can be concluded that sponsorship plays an important role in not only the success of an event but also in promoting the business of the sponsors. It acts as a marketing technique for the sponsors. Sponsors get certain benefit from sponsorship which helps them to succeed in their business and connect with the target audiences. The benefits derived from sponsorship have a great impact on the events as well as the sponsors. There exists a huge scope of success for the sponsors since it helps in expansion of their business.
SPONSORSHIP13 Reference Apl98.com. (2015). APL Oil & Gas. [online] Available at: http://www.apl98.com/ Cameron, N. (2014). Sponsormap: Measuring the ROI for Sponsorship. Research World, 2014(44), 32-33. Cornwell, T. B. (2014). Sponsorship in marketing: Effective communication through sports, arts and events. Routledge. DeGue, S. (2014). Preventing Sexual Violence on College Campuses: Lessons from Research and Practice _. Donlan, L., & Crowther, P. (2014). Leveraging sponsorship to achieve consumer relationship objectives through the creation of ‘marketing spaces’: An exploratory study. Journal of Marketing Communications, 20(4), 291-306. Jalleh, G., Donovan, R. J., Giles-Corti, B., & Holman, C. D. A. J. (2002). Sponsorship: impact on brand awareness and brand attitudes. Social Marketing Quarterly, 8(1), 35-45. Moise, D. (2015).Organizations Communicating Through Events-Sponsorship. International Journal of Economic Practices and Theories, 5(4), 358-363. Pokrywczynski, J., & Brinker, D. L. (2014). Congruency and engagement test in an event marketing sponsorship context. Journal of Promotion Management, 20(3), 345-357. Rules of engagement: A discrete choice analysis of sponsorship decision making. Journal of Marketing Management, 30(7-8), 634-663.
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SPONSORSHIP14 Scheinbaum,A.C.(2016).DigitalEngagement:OpportunitiesandRisksforSponsors: Consumer-Viewpoint and Practical Considerations For Marketing via Mobile and Digital Platforms. Journal of Advertising Research, 56(4), 341-345. Scheinbaum, A. C., & Lacey, R. (2015).Event social responsibility: A note to improve outcomes for sponsors and events. Journal of business research, 68(9), 1982-1986. Virvilaite, R., & Dilys, M. (2015). Formatting sport organization image as a competitive advantage trying to attract more sponsors. Engineering Economics, 21(5). www.walkamileinhershoes.org(2017).Welcome|WalkaMileinHerShoes.[online] Walkamileinhershoes.org. Available at: https://www.walkamileinhershoes.org/