How do you get sponsors for an event? That’s a common question for organizers. But keeping sponsors coming back is just as important. Event sponsorships—whether big corporate sponsors or local radio stations—bring needed funds and add value with their products or services. After your event ends, your next job is to focus on sponsor retention.
Finding potential sponsors for your event takes effort, including building a strong sponsorship proposal and presenting the right sponsorship opportunity. Returning sponsors already know your event audience, target market, types of sponsorships, and media reach. Renewing these relationships is simpler and often cheaper than finding new partners.
When sponsors come back year after year, it tells others—including other potential sponsors—that your event delivers on its promises. It also proves your sponsorship package works and creates positive partnerships. Good sponsor retention builds long-term trust for your event and makes it easier to attract new supporters in the future.
Sponsor retention starts from the very first steps. Building a relationship means treating sponsors as partners from your first meeting.
Here’s how you can do that:
By making your sponsors feel important and included from the start, you set the groundwork for a long-term partnership.
Sponsors want results. Their main question is “What did I get from my investment?” It’s your job to show their return on investment (ROI) is real and valuable.
Here are easy ways to show your sponsors the value:
Share this information in a simple, clear report after the event. This proof of ROI builds trust and helps sponsors decide to return.
Keep building the relationship after the event. Good follow-up encourages sponsors to renew and deepens their commitment.
Quick, personal communication shows sponsors you care about the partnership beyond just a single event.
Look at similar events to find great retention ideas. Maybe a local food festival partners with radio stations for media sponsorships. They highlight these sponsors with event-day interviews and on-air promotions. A nonprofit event might thank corporate sponsors with a private networking session or special website feature.
Spotlight sponsors as returning partners in event recaps, on your event website, or across social media. This recognition makes sponsors more likely to renew and encourages others to get involved.
Sponsor retention is all about building relationships and creating value. A good sponsorship proposal, the right sponsorship package, strong data, and frequent communication keep sponsors happy. When you deliver what you promise—and show results—sponsors want to come back.
Focus on meeting sponsor needs and giving them value, whether you’re working with big corporate sponsors, small businesses, or media sponsorships. Show how your event helps promote their products or services, grow their audience, or reach their goals. With these steps, your event can form long-term, successful sponsorships year after year.