Why A Company Would Sponsor You• Increase brand loyalty
• Create awareness and visibility
• Change / reinforce image
• Drive retail traffic
• Grow customer base
• Open up a desirable geographic territory
• Showcase community responsibility
• Sample and display brand attributes
• Entertain clients
• Narrowcasting- A company can hone in on a niche market
• Recruit and retain employees – events are used as perks for employees
• Merchandising opportunities
• Incentives to retailers, dealers and distributors
• Direct connections with target market
• Putting a friendly face on the company
• Be known as a good corporate citizen
• Forge new links with opinion leaders
• To be on your advisory board if you have influential opinion leaders
• Reward top sales people
• Attract new customers
• Thank old customers
• Demonstrate category leadership
• Open new channels of distribution
• Create customer loyalty
• Opportunity to test a new product or service
• To make people aware of a line extension
• Chance to tell the public about a lesser known part of the company
• Damage control
• Identification with a particular lifestyle
• Enhance commitment to a demographic or ethnic group
• Drive sales