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Sponsored Events - How to Ensure
That You Maximise Your ROI
I recently
attended a great breakfast event sponsored by a local law firm. Over 60
business people attended the meeting to hear two inspirational speakers
from different organisations. However what surprised me most was the low
profile of the law firm concerned - considering their considerable
financial investment in supplying the breakfast butties and room hire.
It started me musing about how with a few tweaks they could have
increased the firm’s visibility and credibility at the event without
going "hard sell".
Now I appreciate that they may have deliberately kept a low profile so
as not to deflect from what were two inspiring talks, but I also know that
networking is one of the least favourite activities of lawyers! However
having invested what must have been a considerable sum of money hosting
the event, I know that the attendees would have thought the firm was
entitled to a return on its investment - after all, there is no such thing
as a free lunch or breakfast!
As an attendee, I would have welcomed a brief outline from a
representative of the firm about what it did - by way of introduction or
a vote of thanks, as well as members of staff being identified to the group
by standing up. (Use colour coded name badges to maximise visibility)
The firm did invite several existing clients, but as host it could have easily
targeted potential clients, arranged for them to be invited
to the event, made sure that they were spoken to at the event, and then
arranged to follow them up afterwards.
Whilst that firm obviously gained something from being associated with
such an amazing event, I am just keen that people remember your firm for
something more than the bacon butties!
Action steps
-
Review
how your firm hosts events.
-
Before
the event visualise it from the attendees viewpoint. Arrange for a
firm representative to meet and greet on arrival.
-
Take
centre stage, open the event. Draw attention to what your firm does
and to those other firm members present. Colour code name badges so
that members of your firm are instantly recognisable.
-
Invite
existing and potential clients to show case your talents.
-
Make the
event memorable for the right reasons. Keep in touch!
Until next
time and best wishes
Jane
Wintringham
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