Sponsorship and Sales – How They Work Together
On this episode of The Business Brunch, we are joined by Jason Ratcliffe from Jatta Management and James White from James White Sales Success as they discuss the correlations between business and sport and how to go about getting the right sponsorships.
What checks should be done before signing a new contract with sportsmen?
Sponsorships are a huge part of the sporting world and for many sportsmen and women, it can be a really great source of income and exposure to help boost their career. James and Jason both mentioned that it’s important that businesses are working with the right sports people, by double-checking their credibility and building a rapport with them to ensure you can fully understand who they are and make sure they are a good fit for your business, this is something that can be easily missed.
It isn’t uncommon that sportsmen and women sign contracts/sponsorships with businesses purely for financial gain and not because they genuinely like the company. It’s about finding the best of both worlds, where the sportsperson in question gets decent pay but, in return, they use their social media to effectively help promote the business (as an example).
Mental health was also a key part of the conversation, as Jason acknowledged that this is incredibly important and is very common specifically for cricket players to suffer from mental health issues. James stated that historically “there was very little guidance for players when the cricket season ended.” This left a lot of players unemployed or they went to countries such as Australia to continue playing cricket. Either way, it left a lot of players mentally unstable and exhausted.
Combining sport and business has proven to be very beneficial, it’s a great way of gaining exposure for both parties and is now one of the main sources of income for people in sport.
More in Coaching
Interview with Mel Noton of 4Thought: Pushing Boundaries & Delving Deeper
Mel Noton is an Executive Coach who has a passion for extracting the full potential of her clients which include CEO’s, senior leaders, executives or leadership teams. Mel is a specialist in managing challenging, emotionally straining and draining work conflicts and situations to successful outcomes.
RoSPA and L’Oréal’s ‘Leading Safely’ programme gains huge momentum
RoSPA and L’Oréal’s Leading Safely for Women programme, part of their Safe@Work-Safe@Home partnership, which launched earlier this year has had a ‘phenomenal response’, according to Dr Karen McDonnell, RoSPA’s health and safety policy adviser.
Charge what you’re worth and get it
Join Alison Haill for the first episode of the Alison Haill podcast “Charge What You’re Worth And Get It”.
From this author
The Importance of Storytelling – How It Can Help Your Business
By sharing your business story thoughtfully, you show potential customers that you’re not just another company trying to sell something, but a trusted partner with a history and purpose. In a world of ‘fake news’ and scams, it’s important for every business to demonstrate its authenticity.
10 Reasons why Deeper Business Connections Help to Build Trust
Deeper business connections offer a range of significant benefits that can contribute to long-term success. Developing deeper connections in business is not just about transactional benefits but about creating a network of support that nurtures growth, collaboration, and resilience. At B4, we help businesses make connections and build relationships. Some of our Members have been with us for well over 15 years as being part of a trusted community of people and organisations that understand the value of trust is a crucial part of their network building strategy.
Raise’24 Demonstrates the Power of Collaboration and Team Effort
At Keble College on Friday 13th December, one hundred representatives of Oxfordshire’s business and charitable communities came together to celebrate months of incredible fundraising efforts and as they all stood at the threshold of the hugely impressive Great Hall, they had already raised well over £20,000. That total has now soared to £37,500 thanks to the generosity of well over 500 donors and the hard work of 33 fundraisers.