English, asked by shaikhhashim538, 4 months ago

In advertising the sponsor is always ​

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Answered by beauty1239
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Sponsorship advertising is a type of advertising where a company pays to be associated with a specific event. In fact, sponsorship advertising is very prevalent with charitable events. Besides from charitable events, companies may sponsor local sporting teams, sports tournaments, fairs, and other community events. The idea is to get your name out and be viewed positively as a participating member of your community.

Criteria for Sponsorship

Author Jim Karrh suggests four criteria for a business to use in determining whether to sponsor something:

Relevance - The event, organization, or cause you are considering sponsoring must have some degree of relevance to the services or products you provide. For example, a running shoe company may consider sponsoring a local marathon, but it really doesn't make much sense for a local brewery to do so. You want to match your sponsorship of events or organizations to those that involve your target market.

Brand fit - Your brand fit must fit the event. A computer company sponsoring a gaming event using a game that is not compatible with its computer makes no sense and may be counter-productive.

Mission alignment - The interests of the event or organization should not conflict with the interests of the company. A tobacco company sponsoring a cancer awareness walk may not work out that well for the tobacco company.

Business result - The company must have a reasonable basis to believe that the sponsorship will create a tangible business result. It doesn't necessarily have to produce a profit, but it should at least increase company awareness, brand awareness, or help foster a positive view of the company.

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