Finding consistent, high-value and good-fit sponsors for your content can be one of the more holistic ways to live and work as a creator. Not beholden only to the algorithms and big tech platform's ad rates, as a maker, you have a lot more control over:
In many ways, when done well, the sponsorship model is closer to a true partnership or collaboration between two entities than it is a strictly transactional relationship.
As you (the creator, maker or community-builder) succeed at what you do best, your sponsors (typically) also succeed.
One key element of deploying a sponsorship model effectively is to price it well, and to structure your offerings not only clearly, but in a way that makes sense for your target audience.
To help you do this, I'll walk through a sponsorship packages template in Notion, to help you plan out, adjust and track these packages in more detail.
We'll cover:
A sponsorship package typically includes some mix of the following:
One way to add structure and clarity to your sponsorship offerings is to create sponsorship tiers. This involves breaking down your sponsorship packages into different price points, each with its own set of benefits.
The number of sponsorship tiers you create is up to you, but I generally recommend starting with three:
The benefits you include in each tier should be different enough that there's a clear incentive for your audience members to move up the ladder, but not so different that the lower-priced tiers feel worthless.
Here's an example of what sponsorship tiers might look like:
Entry-level sponsorship: $250/month
Includes:
Mid-range sponsorship: $500/month
Includes:
Premium sponsorship: $1,000/month
Includes:
There are a few different ways you can price your sponsorship packages. The method you choose will likely depend on a number of factors, including:
Some common pricing models for sponsorship packages include:
Fixed-rate sponsorship: In this model, you charge a set price for each sponsorship slot (e.g. $250 for a sponsorship mention in your monthly newsletter). The benefit of this pricing model is that it's simple and easy to understand. The downside is that it can be inflexible, and may not accurately reflect the value you're providing to your sponsors.
CPM-based sponsorship: CPM stands for "cost per mille (thousand)," and in this pricing model, you charge your sponsors based on the number of views or downloads an episode/content piece receieves. To give an example, in the podcasting world, the average CPM is $18 for a 30-second ad read, and $25 for a 60-second read.
This model is often used for sponsorships delivered through blog posts, social media, podcasts and other online channels.
Commission-based sponsorship: In this model, you act as an affiliate for the sponsor, and earn a commission on any sales or leads generated through your sponsorship. This model is often used for sponsorships delivered through podcasts, webinars or other lead-generation formats.
This Notion template is a simple table to help you plan and sort the details of your various sponsorship offerings and packages.
To get started, simply duplicate the template from the link on this page, then edit it to include your own packages.
For the Notion-savvy, you can also turn the empty 'Contacts' property into a relational property and link it to your own contacts database--then link the respective packages to any active sponsors you already have.
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