2021: 10 Reasons To Prioritize Corporate Sponsorship Revenue

If 2020 was your year to stabilize in the face of multiple crises, let 2021 be your year to reset your vision and take back control of your future.
Among your top considerations is your revenue mix.
Based on research my firm co-authored last year, many organizations focused on individual and institutional giving and may have put corporate sponsorship on the backburner, particularly with cancelled in-person events.
Here are ten reasons why now is the time to ramp up your corporate sponsorship engines.

Associations, cause, Corporate sponsors, Corporate sponsorship, COVID-19

Upgrade Your Sponsorship Program

A big mistake that organizations make with their sponsorship programs is to offer generic levels, such as Gold, Silver, and Bronze levels.
If you ever rode a bike with training wheels, think about generic levels as akin to training wheels. Yes, you’re moving in the direction of generating revenue from corporations. But you’re not getting—or offering—the full experience.

Associations, Corporate sponsors, Corporate sponsorship, COVID-19, Events, Nonprofit organizations