How can racers leverage their existing sponsors to get new sponsorships?
Answered in: 2024 MSSS Part 2: Holley, K1 RaceGear, & BFGThe 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.
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