Revising our approach to sponsorships
Target Rollout | 2024-2025 Exec Year |
---|---|
Version | 2.0 |
Document status | status:For Review |
Document owner | @Bob Chen @Sally Sun (Unlicensed) |
Objective
To outline a way of working that:
Works for both DevSoc and CSESoc in minimising friction and communicational inefficiencies.
Allows for operational independence that reflects the way each society prefers to run events and add value for sponsors.
Avoids competition between CSESoc and DevSoc and delivers increased value for sponsor money.
Assumptions
That the DevSoc amendment reorganising portfolios to create 1 Events and 1 Sponsorship portfolio passes.
That CSESoc and DevSoc continue to agree to a 15% / 85% split of all sponsor revenue.
No need for either society to CC the other in their communications.
Phases
Sponsorship responsibilities are typically split into two phases. Attracting sponsors and then servicing them. Because sponsorship contracts typically run on an calendar year basis, attracting sponsors is focused at the end of the prior calendar year, with some activity happening early in the new year.
👑 The Sponsorship Team
DevSoc proposes that the sponsorship teams of both CSESoc and DevSoc meet jointly.
That means that:
They act as one portfolio, they have meetings at the same time - together.
Both societies will use their own domain emails for contacting sponsors for events related to them.
CSESoc will recruit 1 sponsorship director + half the sponsorship subcommittee. DevSoc will recruit 1 sponsorship director + half the sponsorship subcommittee.
This assumes that:
CSESoc is happy to split their Careers team into Spons + Careers at their 2024 AGM
Otherwise, the below proposal is still functional with two separate teams should the above not occur.
🚀 The Sponsorship Drive
Change | Item/Procedure | Notes |
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Dual prospectuses |
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Single prospectus |
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status:EXISTING | Joint sponsorship |
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status:EXISTING | Joint contract |
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status:NEW | Signing sponsors |
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status:NEW | Redistributing funds |
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status:NEW | Onboarding sponsors |
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🌠 DevSoc Prospectus I
Having a separate prospectus allows DevSoc to better highlight it’s differentiating attributes to sponsors and set expectations for the level of events they can expect from us versus CSESoc. The prospectus should emphasise the following:
Project Sponsorship | See below.
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Employability of members |
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Flagship Events |
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Other career/networking events |
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🌠 DevSoc Prospectus II
As I propose that each society prepare it’s own prospectus, but share the pricing page, we need to align with CSESoc’s three teir model for sponsors. It would also help reduce confusion and duplication with DevSoc Project Sponsorship tiers and CSESoc General tiers, as well as issuing additional invoices for DevSoc Project Sponsorships.
For example:
Tier | Benefits |
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Diamond | All benefits of CSESOC Diamond All benefits of DevSoc Gold Plus:
|
Gold | All benefits of CSESoc Gold All benefits of DevSoc Silver Plus:
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Silver | All benefits of CSESoc Silver Plus:
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