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The Evolution of Sponsorships in a Post-COVID World

· sponsorship-value, events, strategy

We recently took a hard look at sponsorship support across the associations we manage. I went in expecting the story to be about national programs. It wasn’t. The real momentum is at the local and regional level, and it’s stronger than I would have guessed.

That sent me back through a decade of chapter files, and one contrast stood out.

The phone calls stopped

Before the pandemic, selling a chapter sponsorship was work. Real work. You built the list. You called. You called again. You explained, for the fourth time, why a logo on a golf hole mattered.

That is not the job anymore.

Companies come to us now. They ask about levels before we publish them. They ask which events sell out. They renew without a nudge.

My read on it is simple. When everything went virtual, professionals found out exactly how much they missed being in a room with their peers. Companies found out the same thing about their brands. A logo in a webinar chat window is not the same as your name on the table where the region’s controllers and CFOs are actually sitting. A few years of distance taught everyone what that room was worth.

Which means the room is the product

Here is the part I keep coming back to.

Sponsorship value does not really live in the sponsorship package. It lives in the event. A sponsor’s return is a function of who is in the room, how long they stay, and whether they’re paying attention. The logo placement is just how we point at that.

So when a sponsor asks what they get for their money, the honest answer starts with the program. Who is speaking. Who is attending. What the sessions are worth taking a day off for. Every hour we put into building a conference people actually want to attend is an hour that raises what every sponsor receives, without changing a single line on the tier sheet.

That reframes our job. We are not in the business of assembling sponsorship inventory. We are in the business of building rooms worth sponsoring. Do that well and the commitment gets easy, because the sponsor can see the value before we ever ask.

What sponsors are actually after

Almost all of it comes down to one thing. They want business.

These are companies that sell into our membership. Bankers, sureties, brokers, accountants, technology providers. Our members are their buyers. That’s the whole equation, and I think we sometimes dress it up more than we need to.

A staffed sponsor table at a construction financial management conference, with pull-up banners, giveaways and a laptop set up for conversations with attendees.

What varies is the path.

Some are playing the long game on reach. Construction finance is a small world with long buying cycles. They want to be a name everyone in the region already recognizes on the day a need finally comes up.

Some are after one specific relationship. There is an account they have been trying to open for a long time, and the sponsorship is the reason to walk up to that person at the reception.

Some are buying credibility. This industry runs on referrals, and showing up year after year as a visible supporter of the chapter says something a cold email cannot. It shortens the trust conversation before the sales conversation starts.

Very few are counting logo impressions. Which is worth knowing, because impressions are what most packages are built to deliver.

What we’re building toward

A few things we’re focused on, and what I’d suggest to any chapter planning a regional conference this year.

Build the program first. Speakers, sessions, and agenda before the sponsorship prospectus. Sponsors are evaluating the event, so give them an event to evaluate.

Ask what a win looks like before recommending a level. Not “which package do you want.” Ask what they’re trying to accomplish this year. Then point them at the level that gets them there, even when it’s the cheaper one. That conversation is worth more over the life of the relationship than the upsell is worth today.

Design around access, not signage. A seated table with the audience they came for beats a bigger logo every time. Signage is cheap for us to give and modest in what it returns. Access is the opposite.

A breakfast sponsor sign for the 23rd Annual CFMA Louisiana Construction Conference, August 13-14 in New Orleans, standing beside a buffet where attendees are serving themselves and talking.

Report back afterward. Who was in the room by title and company type, where their name showed up, what you noticed. Sponsors renewing on momentum keep renewing. Sponsors renewing on evidence renew bigger.

None of this happens without a conference person

I’ve spent this whole post arguing that the event is the product. Which means somebody has to build it, and that somebody is rarely the person whose name ends up on the sponsorship thank-you slide.

For us, that person is Dawn Harney.

Dawn has been our Conference Manager. If you have attended one of our regional events and thought the whole day just worked, that was her.

She is also the reason people remember them. A customized Jenga game built for the crowd in the room. Light-up table decor she makes herself, by hand, because she wanted it to look a certain way and would not settle for whatever a vendor could ship in a box.

Those sound like small touches. They aren’t. A custom Jenga set is an icebreaker, which means it is a conversation between two people who walked in as strangers. Table decor people stop and photograph is a table people linger at. Lingering is the whole product a sponsor is buying. Every one of those details is doing sponsorship work, even though none of them appear on the prospectus.

Dawn is the end all be all at these conferences. Sponsorship revenue gets reported. Program quality is what produces it. Dawn is the reason ours holds up.

Sponsorship dollars are flowing right now, and that’s good news for chapters. The way to keep it flowing is to keep earning it. Plan the conference you’d want to attend. The sponsorships follow.

If you sponsor at the chapter level, I’d like to know what you’re hoping to get out of it this year. That answer shapes what we build.

Special thanks

A thank you to the sponsors who agreed to be photographed for this post: Finvari, CBIZ, and Premier Construction Software.

Standing behind your table while someone points a camera at it is a small thing to say yes to, and not everyone does. We appreciate it.