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Maximizing the Value of Social Media Sponsorship

Posted: 2/24/2010 1:53:42 PM by Rob Campbell | with 1 comments

As a property, incorporating corporate sponsors into your social media presence is a logical way to enhance sponsorship value.

However, similar to the old adage that you can’t put the horse before the cart, you cannot successfully incorporate sponsors into social media without a well-established social media presence.

Successful integration of sponsors is a secondary benefit to your property’s primary social media objective of having an engaging, relevant and collectively beneficial presence.

That last point listed, a collectively beneficial social media presence, is best defined as providing your followers with something of worth; something they cannot receive easily anywhere else.

A collectively beneficial social media presence also lends itself to seamless sponsor integration. When a property can attach a sponsor’s name to a social media-based contest, give-away or created content it becomes incredibly savvy and relevant sponsorship activation.

A property’s investment in social media yields many returns. For corporate sponsors, the most valuable benefit is tapping into social media’s ability to foster feelings of deeper connection between users and a property, and thus the property’s sponsors.

In dollars and cents, a tangible value cannot be placed on sponsorship mentions on Twitter, Facebook, YouTube or blogs before first taking into account the intangible value of a well-developed social media presence.

 

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Filed under: digital media, social media, sponsored content, activation

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Mike Mahoney
The value will certainly be related to the size and scope and of the platform and its followers (in quantity and quality). It is also good to make the sponsor integration part of a bundle of assets. Email, Web, Twitter etc. can work nicely together to achieve the results you want and that will further build the social media presence and prove its value.
2/25/2010 12:40:57 PM
 

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