Honda Signs as Title Sponsor for Vancouver Fireworks Festival

The Vancouver Fireworks Festival Society and their sponsorship selling agency Score Marketing Inc. are pleased to announce that Honda has signed on as title sponsor of the event for the next three years.

“We are thrilled to support this event,” said Jerry Chenkin, Executive Vice President, Honda Canada “The event has been a part of Vancouver’s summer calendar for over twenty years now and we look forward to our long term partnership with the Celebration of Light Festival.”

Other Major Festival Sponsors include The Province of BC, The Keg Steakhouse & Bar, SHORE 104.3 FM and Concord Pacific Developments. Corporate partners include, Tourism Vancouver, Vancouver Airport Authority (YVR), Seaspan and Red Bull. Media partners for the event are The Vancouver Sun, and Global TV. The City of Vancouver also continues its significant support of this long standing civic event.

 

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Is Your Sponsorship Contract Protecting You?

At the Partnership Group – Sponsorship Specialists™, we work daily with sponsors and selling properties. These are the two essential entities in any sponsorship deal. We help our brand clients to review proposals, plan activation, develop measurement tools, and evaluate sponsorship investments. We work with our property clients to ensure they know what they have to sell, what those assets are worth, and how to build custom proposals for sponsors that will deliver results for both parties. But when it comes to the final legal contract, we leave that to the lawyers.

I was working with an organization that had a major partnership with a brand. It was a great partnership, but they had no real contract. They had a letter of agreement that stated the amount to be paid annually by the sponsor, and in general, what the sponsor would get in return. It was less than two full pages. I am not a lawyer, but I do understand business. This is not sufficient. Then a couple of weeks later, I was working with another client that had “contract issues.” They were working with a new prospect. But they failed to understand that an existing sponsor considered the new prospect a direct competitor. There was a huge uproar. The existing sponsor threatened to walk away with all its money. The prospect felt cheated because it had been led down the garden path. When the contract was reviewed, there was nothing in it about exclusivity. In fact, there really wasn’t a contract at all. It was a three page letter of agreement that did not outline expectations or obligations.

Contracts need to have detail. They need to outline expectations, terns of payment, obligations, and such. Everything needs to be there. I hate to say it, but it needs to look like a pre-nuptial agreement. As you climb into bed with your sponsorship partner and get married, make sure you know what to expect from each other and that you are covered in case something goes wrong down the road.

Back in December, I read a great article in the Hilborn E-News (Canadian Fundraising and Philanthropy) written by Sharon Groom, who is a partner at McMillan LLP in Toronto. It was an overview of critical elements in sponsorship agreements ranging from property restrictions to products and services, and from trademarks to termination. I encourage you to read this article on the Hilborn site. Sharon will also be presenting in person at the SMCC Western Sponsorship Congress™ in Calgary in October.

These are just one person’s thoughts. Yours are welcomed as well. Please add your thoughts or comments below. Thank you for reading and your feedback.

Brent Barootes

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The Business of Sport – SMCC Sponsorship Awards

Now available: The April 21st , 2012 episode of “The Business of Sport” and Sponsorship Marketing on the FAN 960 hosted by Jungle Jim Hunter, featuring Brent Barootes of the Partnership Group – Sponsorship Specialists™.

April 21st, 2012 Show Notes (topics discussed)

  • SMCC Sponsorship Awards
  • Sports Sponsorship winners discussed
  • Impact of winning awards

April 21 Audio – SMCC Sponorship Awards Discussion

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Sport Sponsorship Leadership Awards

The first-ever ‘Celebration of Leadership in Canadian Sport Business Awards’ presented by George Brown College in partnership with The Globe and Mail, will unite Canada’s top sports professionals and leading influencers as they recognize the ‘5 To Watch’ – five Canadians who will drive the future success of the Canadian sports industry, on Thursday, May 3rd at the Hockey Hall of Fame. The Partnership Group – Sponsorship Specialists™ is proud to support this event as a partner in celebrating such success and our industry’s future.
 
The inaugural ‘5 To Watch’ awards will be voted on by a panel of leading sports influencers and executives, including representation from BMO Financial Group, the Canadian Football League, Maple Leaf Sports & Entertainment, SDI Marketing, TSN and presenting partner, The Globe and Mail. Nominees will be selected based on criteria including business accomplishments and demonstrating extraordinary results while making a significant impact on their industry sector. ‘Off the job’ contributions such as volunteer and philanthropy work will also be considered. This groundbreaking event is a great opportunity to network with industry leaders, engage with the next generation of Canadian sports business influencers and rub elbows with the who’s who of the industry.
 
Prior to the awards, presenting partner The Globe and Mail will host an expert panel discussion on a hot-topic sports subject in conjunction with its annual Power 50 list of influencers in Canadian sport.   For more information or to purchase tickets be sure to visit www.georgebrown.ca/5towatch.
 
 

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Naming Rights

Naming Rights

Recently, I met with a brand client of ours. We were discussing naming rights. They were insistent on “finding a building to name.” When it comes to sponsorship marketing, too many people think it is all about naming rights. The sponsoring brands think this will give them the traffic, sales, and profile they are looking for. The selling properties think it will be the answer to their woes from a financial perspective.

Perhaps the discussion was precipitated by the recent finalizing of the naming of the new Quebec City NHL team bid attempt last month. The Quebecor naming rights of $63.5 million (half this amount if no NHL team) pans out to about $2.5 million per year. This is right in line with most of the other similar market NHL building naming rights in Canada.

The questions we asked this brand were: Why a building naming? Why not an event naming that will get you more exposure in more markets and deliver better community investment ROI and actual sales opportunities than a building in one market? What are you actually trying to achieve? Is it sales and traffic? Are you just trying to buy the business from this property? Is it about employee engagement? If so, how will this building naming engage your employees, clients, prospects, and stakeholders?They didn’t have the answers. (Maybe that is why they engaged us-to help them go down this path!)

The point is that, too often, sponsors and brands jump at naming rights because they think that will take them to the big leagues. This is not always true. It may create chatter at first. It may create excitement at first. But if it is just “plunking” a sign on a building, they can kiss their investment goodbye. There must be a strategic plan and activation budget to make it work. What is often more frustrating is selling properties that try to sell naming rights. They push naming rights and convince the prospect how great it will be for them. They fail to understand the sponsor’s business. Instead, they sell them a “stock” package that doesn’t deliver results.

Recently, I have seen two five-year and three ten-year naming rights deals not renew. I can tell you why. The brands did not see results. Part of it was their fault for not activating. The sad part is that the properties cannot figure out why the sponsor is not coming back. Perhaps it is time for both those brands and properties to get some sponsorship 101 training or mentoring support. Naming rights can be very successful. But like anything else, if you overpay for them or fail to understand how to make the new “product you purchased” work, you will have buyer’s remorse.

These are just one person’s thoughts. Yours are welcomed as well. Please add your thoughts or comments to our blog by commenting below. Thank you for reading and your feedback.

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The Business of Sport – The Power of Olympic Sponsorships

Now available: The April 14th , 2012 episode of “The Business of Sport” and Sponsorship Marketing on the FAN 960 hosted by Jungle Jim Hunter, featuring Brent Barootes of the Partnership Group – Sponsorship Specialists™.

April 14th, 2012 Show Notes (topics discussed)

  • Dow Chemicals – Russia results
  • Who has maximized Olympic sponsorship?
  • SMCC Sponsorship Awards

The Business of Sport – The Power of Olympic Sponsorships

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Little League Secures Sponsorship from Blue Jays

The Blue Jays announced recently that they have teamed up with Partnership Group – Sponsorship Specialists™ client Little League Baseball Canada to sponsor four national championships in 2012 at an investment level of $30,000.

The partnership will affect baseball players in four different age groups with the range being 11-18. It will include advertising sponsorships of each tournament while the Blue Jays also will provide scores, standings and registration information through their marketing assets.

“As Canada’s only Major League Baseball team, we are very proud to be able to partner with a great organization such as Little League Baseball Canada to further to promote participation in the game of baseball and to celebrate the traditions of the game in our country,”

Blue Jays senior vice president of business operations Stephen Brooks said.

“With Little League Baseball Canada and our friends at Baseball Canada, we are showing how we can collectively work to grow baseball, at all levels, on a national scale. We are so very proud to be a part of the growing momentum of baseball across the country.”

The sponsorship officially begins on July 17 with the Big League Baseball Championships (age 15-18) in Rouyn-Noranda, Quebec. Later in the summer, it will also include Junior League Baseball (age 12-14), Little League Baseball (11-12) and Senior League Baseball (13-16).

“Little League Baseball Canada is excited about this partnership with the Toronto Blue Jays, and we look forward to a long term relationship,”

said Roy Bergerman, president of Little League.

“All Little Leaguers in Canada see the Blue Jays as ‘their’ team in the major leagues, and we know this partnership will help us to develop interest and growth in the game of Little League Baseball for children right across the country.”

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Sponsorship Marketing Professional Development

Last week, I was in Toronto to attend the Sponsorship Marketing Council of Canada (SMCC) Marketing Awards and Conference. What a great day! Over the past several years, I have seen such great growth in the education and professional development of our industry. The 2012 SMCC Conference was no exception. With speakers like Kim Skildum-Reid, director, Power Sponsorship; Brian Burke of the Toronto Maple Leafs; and Pete Bombaci of Movember Canada, and the first results of the 2012 Canadian Sponsorship Landscape Study, it was an incredible day. Those who did not attend missed some amazing learning and trending opportunities.

To top off the day, the SMCC Marketing Awards were terrific. Congratulations to the winners and all who submitted. We truly have some amazing work here in Canada that delivers results. What I like best about these awards is that ROI and results achieved against objectives are a critical part of the judging process. It is not like so many other marketing and industry awards that are focused solely on “creativity,” the “great idea,” and “cool implementation.” All of that is for naught if the program does not deliver results. These awards require such outcomes in order to be considered and judging is heavily weighted upon them.

As I watched all that was going on, I thought about other opportunities for education and professional development. As our industry grows, we need to develop more industry professionals. More learning opportunities are critical. The thousands of people now involved in our industry need the chance to learn and develop. The opportunities are out there, but organizations (brands and properties alike) must invest in their people. They must send them to training and professional development opportunities. They must learn outside of the box. They must understand best practices and what others are doing versus staying within the silos of their own organizations.

In the next seven weeks, the SMCC One Day Workshop Series  on prospect development, getting meetings and discovery sessions for properties will be delivered in Toronto, Kelowna, Edmonton, Ottawa, Burnaby, Regina, Victoria, and Saskatoon. This is an ideal opportunity for properties to develop their staffs, and hone these critical skills and talents to bring success to their organizations. This type of training is critical to the future of our industry.

Beyond the next seven weeks, I urge you to look toward having your team or staff attend the Canadian Sponsorship Forum in Montreal in July and the SMCC Western Sponsorship Congress™ in October.

As sponsors and properties, our failure to attend these events and others, and send our staffs as well, will only hurt us all in the future. These are the kind of events that will shape and develop our future. I encourage you to invest and reap the rewards.

These are just one person’s thoughts. Yours are welcomed as well. Please add your thoughts or comments below. Thank you for reading and your feedback.

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The Business of Sport – Sport Sponsorship

Now available: The April 7th , 2012 episode of “The Business of Sport” and Sponsorship Marketing on the FAN 960 hosted by Jungle Jim Hunter, featuring Brent Barootes of the Partnership Group – Sponsorship Specialists™.

April 7th, 2012 Show Notes (topics discussed)

  • Popular sports for sponsorship
  • Financial institution sponsorship
  • Consumer Sponsorship Rankings (CSR) (email us for more info)

Sport Sponsorship, the Top Ten

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Chevrolet takes ‘Best of Show’ at Sponsorship Marketing Awards

General Motors of Canada took home the Best of Show trophy for its Chevrolet Hockey Helmet Program at the 8th annual Sponsorship Marketing Awards (SMAs). The SMAs were presented Tuesday at the Sponsorship Marketing Council of Canada’s annual conference in Toronto. They recognize companies that have maximized their investments in sponsorship marketing by developing innovative strategies that drive business results. Other big winners this year were Scotiabank, which took home three awards; and BMO, CIBC, IBM and Kraft Foods each winning two awards.

This year’s SMA case entries were very impressive to say the least,” said Hari Sihvo, Director, Marketing Assets with Molson Coors Canada and Chair of Judging for the 2012 SMAs. “The bar continues to be raised each year, which is a credit to the Canadian sponsorship community. On behalf of the SMCC and the judging panel, I want to congratulate all who entered.” Videos of the winning entries will be posted on the SMCC’s website.

In addition to Hari Sihvo as Judging Chair, the other judges of this year’s awards program were:

  • Sue Bundy, Director, Corporate Sponsorships and Marketing Alliances, BMO Financial Group
  • Simon Cazelais, Director, Alliance Marketing, bleublancrouge
  • Jeff Deline, Senior Director, Corporate Partnerships, Maple Leaf Sports & Entertainment
  • George Dudas, Director, Marketing & Corporate Partnerships (Canada), National Football League
  • Dana Gladstone, Associate Vice President, Sponsorship & Community Relations, Canadian Tire
  • Nicolas Marullo, President and CEO, CINCO
  • Tyler Mazereeuw, Director, Business Development, Canadian Football League
  • Jason Quehl, Director of Marketing, Red Bull Canada
  • Gavin Roth, Vice-President, Multiplatform Sales, Rogers Media
  • Karim Salabi, Vice-President of marketing – Image & Sponsorships Marketing, RONA
  • Patrick Taylor, Executive Producer and CEO, Toronto Downtown Jazz
  • Laurel Walzak, Director, Integrated Sales & Partnership Marketing, National Hockey League
  • Glenn Young, President and CEO, Liquid Nutrition Group

 

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