How can racers leverage their existing sponsors to get new sponsorships?
Answered in: Motorsports Sponsorship Summits — Summit BundleThe Answer
Racers often underestimate the value of their existing relationships and partnerships. You can introduce potential new sponsors to your current partners, distributors, or retail connections. For example, one racer introduced a sponsor to a retail chain with five stores before ever receiving any sponsorship, which led to a large purchase order and subsequent sponsorship deal. Form alliances between your partners - this network effect can be powerful leverage when approaching new sponsors.
Want the complete breakdown?
Get full access to Motorsports Sponsorship Summits — Summit Bundle
Motorsports Sponsorship Summits — Summit Bundle
Every Motorsports Sponsorship Summit — four full summits with every panel, sponsor speed-dating round and Q&A, featuring Holley, K1 RaceGear, BFGoodrich, Fifth Third Bank, EPIC Racewear, Bell, Optima Batteries and Mechanix Wear. 8 recordings, 23 hr 22 min.
Related Questions
Ready to master sponsorships?
Get instant access to Motorsports Sponsorship Summits — Summit Bundle and start implementing these strategies today.