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Show Me The Money

 

http://www.down-the-line.com

Show Me the Money©
by: Warren Mersereau
warren@soccersolutions.com

This bold and confident chant from the movie 'Jerry Maguire' is similar to the appeal many soccer organizations make to potential sponsors. Unfortunately, it often not heeded and rejected organizations wonder: Why?'

One of the key struggles in the movie is the agent's (Jerry Maguire) attempt to get his client (Rod Tidwell) to be more than a statistic. Jerry keeps telling Rod that if he will present himself as a person, not just his statistics as a wide receiver, he will be worth more. The point is to get Rod to connect to his teammates, the fans, and the media in order to add value to his statistics and, consequently, to generate a better contract and more endorsements.

This same approach can work for soccer organizations. They must present themselves, demonstrate connections to their target audiences, and, consequently, share value with prospective sponsors in order to generate sponsorship revenue.

At SoccerSolutions, we use a practical three-step process to help soccer organizations illustrate their value and increase their revenue opportunities. Shifting from movie terms to business terms, we believe that brand development leads to community development, which in turn leads to sponsorship development -- in that order.

Step 1, brand development, has to do with having the soccer organization clearly describe itself. Sometimes this also includes defining itself. The logic behind this first step is that it is very hard to sell something if you cannot clearly describe it.

We think that each soccer organization should consider itself a brand. This is not as intimidating as it may initially sound. The essence of a brand is to be able to show differentiation from competitors.

It is fair to say that most soccer organizations, including youth clubs, tournaments, coaches? associations, and professional teams, considers themselves distinctive and different from other, even similar organizations. Each soccer organization probably also has a sense of pride about how it does things. Therefore, soccer organizations are brands, albeit sometimes small brands.

In order to describe itself, we advocate that each soccer organization -- each soccer brand -- explicitly address the following topics:

  • Mission -- What is the purpose of the organization?
  • Vision -- What is the longer-term goal (aspiration) of the organization?
  • Values -- What principles, both ethical (e.g. integrity) and operational (e.g. safe environment), are most important to the organization?
  • Target audiences -- Whose needs are you going to serve?
  • Identity -- What are the factual elements that clearly identify the organization (e.g. legal entity, board of directors, name, official affiliations, logo, colors, geographical location, etc.)?
  • Differentiation -- What makes the organization stand out (from competitors)?
  • Positioning -- What attributes (e.g., family oriented, winning, developmental, etc.) are used by the organization to present itself to its target audiences?
  • Image -- How is the organization perceived by its target audiences?


Note: Hopefully, the positioning of the organization and the way the organization is actually perceived (image) by its target audiences are well aligned. If not, work should be done to create alignment before sponsorships are solicited.


It is important that these topics be addressed in writing. Why such formality? Because the membership, even leadership, in organizations changes and there needs to be continuity of intent and action. Also, written and visible descriptions give members of an organization rallying points and reminders upon which to build the organization's unique character. And, written descriptions encourage the same description being used by all members when selling the organization and these written descriptions are ready made for power point and other presentation formats.

Step 2, community development, has to do with satisfying the needs and interests of a soccer organization's target audience(s). If a soccer organization can demonstrate that it is both reaching and positively impacting its target audience(s), then it is creating value for itself and for potential sponsors.

The initial sponsorship proposition is simple. Potential sponsors are seeking effective and efficient ways to connect to (and influence) their own target audience(s). If a soccer organization has the same target audience(s), a potential sponsor might actually become a sponsor if the soccer organization can demonstrate strong relationships with the target audience(s). This means that the soccer organization can deliver value to the sponsors brand and sales efforts.

Community development, therefore, is about making sure that a soccer organization is strong, first, because it takes care of its own members and, second, because it can deliver this satisfied membership to sponsors who target the same audience(s).

Following are elements for developing a responsive community development program:

  • Target audience(s) -- Who is the soccer organization serving?
  • Needs and/or interests to satisfy -- What needs and/or interests of its target audience(s) are the soccer organization going to address?
  • Resources and capabilities -- What resources and capabilities does the soccer organization have available to satisfy its target audience(s)?
  • Programs offered -- What are the programs offered by the soccer organization to satisfy its target audiences?
  • Goals for programs -- What is the soccer organization trying to achieve with each program offered?
  • Marketing and execution -- How do the programs get developed and implemented?
  • Evaluation -- Which programs successfully meet their goals (and which programs are unsuccessful)?
  • Planning process -- How does the soccer organization manage the community development process?

Each of these elements is important to potential sponsors because they allow the potential sponsor to assess a soccer organizations focus, ability to deliver positive results vis a vis their target audience(s), and ability both to effectively use the sponsor's resources and respond to the sponsor's management requirements.

From a very practical perspective, it is important for soccer organizations to make a concerted and organized effort at community development. Many soccer organizations will always rely primarily on their own community for support, so this home base must be kept strong. And, for those soccer organizations that want to attract sponsors, it is essential that they realize that the product they are selling (their organization and its community) must be in good shape -- provide value -- or there will not be any buyers (sponsors).

Step 3, sponsorship development, has to do with actually presenting to sponsors and, hopefully, establishing mutually beneficial partnerships with selected sponsors. This step will be the subject of a future article because it involves a number of distinct phases:

  • Identification of the soccer organization's needs (financial, services, products, facilities etc).
  • Identification of potential sponsors.
  • Developing sponsorship packages.
  • Establishing win-win sponsorship programs and proposals.
  • Developing the sales presentation.
  • Making the sales presentation.
  • Negotiating.
  • Implementing and servicing sponsorship programs.
  • Evaluating sponsorship programs
  • Deciding on future steps.


In summary, soccer organizations seeking to obtain sponsorship support must clearly describe what they are about and then show how they effectively reach their target audiences and, thus, can provide value to sponsors interested in connecting to the same target audiences.
Once these steps have been taken, a soccer organization can join Jerry Maguire and Rod Tidwell in asking potential sponsors to: Show me the money!

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Warren Mersereau is a Vice President and founding partner of SoccerSolutions (www.soccersolutions.com), a sports marketing consultancy that specializes in brand and business development related to soccer. Warren has an undergraduate degree from Amherst College and graduate degrees from the University of Massachusetts and Harvard University. His corporate experience includes being Vice President of Global Brand Development for Umbro and Head of Global Soccer Marketing for adidas International. Warren has lived in both the United States and Europe and has worked on soccer projects in six continents and more than twenty countries. He has managed negotiations, contracts, and marketing efforts involving FIFA, the World Cup, major international sponsors, top players and clubs as well as numerous grassroots activities. Warren played collegiate and senior amateur soccer and enjoys coaching at the youth level. He can be reached via email at: warren@soccersolutions.com

  

 ____________________________________________________________________________

Title: Show me the money.
Author: Mersereau, W.
Publisher: World of Soccer
Source: Down-the-line
Volume (Issue): 2
Date: 19 July 2001
Page: electronic
SIRC Article #: S-790094

 

This material has been copied under license from the Publisher. Any resale for profit or further copying is strictly prohibited.