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Event sponsorship

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2. <strong>Event</strong> sponsors vs partners<br />

To begin with, it is important to distinguish<br />

the difference between a sponsor and a<br />

partner of the event. According to Bizfluent,<br />

event sponsors give financial funds to<br />

organizers, while event partners share some<br />

risks and responsibilities with event<br />

organizers. Some people believe that event<br />

<strong>sponsorship</strong> is old-fashioned and the term<br />

partnership is more relevant nowadays.<br />

Nevertheless, the difference between these<br />

terms is still questionable and it is common<br />

to use them as synonyms. For example, the<br />

goals of event sponsors and partners are<br />

similar and may include:<br />

BRAND EXPOSURE<br />

BRAND IMAGE IMPROVEMENT<br />

BRAND DIFFERENTIATION FROM THE<br />

COMPETITORS<br />

DIVERSIFYING THE TARGET AUDIENCE<br />

CLOSE COMMUNICATION WITH ATTENDEES<br />

DURING THE EVENT<br />

ACCESS TO THE ORGANIZER'S DATA ABOUT<br />

EVENT ATTENDEES<br />

3

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