To establish an effective funding strategy, marketers should follow two principles and 4 step-funded project evaluation.
2 golden rules for sponsoring brands:
Rule 1: Sponsor is not philanthropy - financed benefits commensurate than investment costs. If the cost of funding is not effective for brand or sales shall not be considered as an activity that is sponsored by a charity. Philanthropy as a business to do with society, but other charities to sponsor a charity that is not interested in the financial efficiency of investment.
Rule 2: The company needs assessment procedures must have the appropriate standards of donor activities with specific characteristics of your business, such as in terms of image, product ... as well as to compare the effectiveness of the programs funded by the enterprise can be selected.
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