From Peaks to Every Day: The New Era of Year-Round Sponsorship Revenue

Organisations that depend on sponsors are no stranger to the familiar ebb and flow of sponsorship revenues peaking, often with an event, and tapering soon after.

Whilst the peaks and troughs are an all-too-common scenario, a transformative shift is reshaping how organisations approach, enrich and extend their sponsorships, in turn challenging traditional cycles.
The answer? Your audience, the very essence of sponsorship. Attendees, members, followers, and your extended network represent more than just statistics; they’re a glittering treasure trove, irresistibly attracting brands and sponsors. These businesses recognise the immense value of connecting with your dedicated and focused audiences, and they are prepared to invest generously for prime visibility to their target.
Below is a quick overview on how to harness your priceless asset, furthermore enriching and extending your current sponsorship engagements.
 
Digital Platforms: The Untapped Potential 
Advanced technology now enables sponsors to place co-branded paid ads on an organisation’s owned media, social media channels, and event media channels through one easy-to-use platform. These are not organic posts; rather they’re targeted paid ads which are served exclusively to the audience of the organisation. Leverage this new technology and fulfil your sponsors’ desires by better connecting them to the audience they value most.
One of the notable advantages of this approach is preserving the integrity of your social feeds. Since these are paid co-branded ads, not standard posts, they appear on your audience’s home feeds without ‘cluttering’ your organisation’s main feed. This ensures that while your sponsors gain visibility, your brand image remains pristine and undiluted.
 
Choices Galore: Embracing the Future of Customisation 
Traditional, rigid sponsorship packages can be limiting, potentially stifling the unique needs and aspirations of your sponsors. By breaking free from these constraints and offering additional and flexible media options, your sponsors are able to select packages and channels from your suite of channels that align perfectly with each of their campaign’s goals.
 
Foster Lasting Bonds with Sponsors 
Redefining our approach to sponsorships means viewing them as evolving relationships that deepen with each collaboration, rather than transient, often event-centric engagements. Central to cultivating this enduring bond is a streamlined sponsorship process. By transitioning from cumbersome paper-heavy methods to a more intuitive digital platform, organisations easily  offer sponsors a comprehensive view of channels and packages available to book through an easy to use platform.
 
Collaborate with Sponsors to Develop Quality Content 
Events might be periodic, but engagement needn’t be. An always-on approach, characterised by regular updates, industry news, and a melange of content – from innovative product launches to the latest research – ensures the audience remains connected, deriving value from every interaction. You ensure relevant content to your audience through your sponsors.
 
In Conclusion 
Sponsorship isn’t a few transactions often centred around events. It’s a relationship, enriched by continuous engagement, flexibility, and the power of digital platforms and content innovations. By reshaping sponsorship, we enhance sustainable, year-round revenue. The future is dynamic; is your organisation ready to embrace it? 
 
About Riterz 
At Riterz, we’re at the forefront of this sponsorship metamorphosis. Leveraging the power of retail media technology, we provide a platform for sponsors to seamlessly position their co-branded ads across an organisation’s myriad of owned media, social media and event media channels; connecting them with the audience they value the most. Discover more at www.riterz.com