Charmaine Hammond has been in the speaking industry for more than 20 years, is a five-time best-selling author, and is a frequent podcast guest. A co-owner of training firm Raise a Dream, Charmaine also teaches the online course Your Book as a Business. Learn more about her seven-step sponsorship model at RaiseADream.com.
Did you know that there are book marketing opportunities available that can not only help you spread your message and sell more books, but also increase your impact and income?
Creating a book business lets you go from selling books one at a time to selling 10 or 100 books with one purchase.
For example, at book signings, sell sets of two where the purchaser keeps one and donates the other to a charity. For greater impact, secure sponsors that will purchase bulk copies so you or they can then donate them to organizations and charities you both support.
So what is a book sponsorship and how does it work?
Sponsorships can take different forms, but can include:
I have applied collaboration skills to secure sponsors, champions, and funding for things like:
I have also had sponsors buy thousands of copies of my books to give away to schools, organizations, and at events.
Now that you know what could be possible, you are likely wondering how you can do this, too.
My company uses a seven-step model for researching, building relationships, and securing sponsorships.
It is important to remember that sponsorship is a marketing relationship. When a sponsor supports an author project (e.g. a launch, bulk-buy of books, or a book tour event) with cash or in-kind products/services, the sponsor is looking to achieve some kind of value.
What is that value? What is the sponsor looking to get out of this?
That’s a great question for the sponsor.
It’s why researching the organization, building an authentic relationship, and having conversations to learn about its objectives and needs will help you move through this process with more ease and success.
Here are some helpful tips to use as you think about how sponsorship can support your book business.
When you are ready to contact potential sponsors (and again, I suggest starting first with businesses you know and have a relationship with), make sure you create a list of questions that will help you learn about the company. Identify where there are synergies and common ground.
The best questions to ask a potential sponsor will start with who, what, when, where, why, and how. This approach encourages the sponsor to give a detailed answer versus a “yes” or “no.”
“The best questions to ask a potential [book] sponsor will start with who, what, when, where, why, and how.” ~ Charmaine HammondClick to tweetQuestions might include:
When you are curious and look to build a relationship, you will be much further ahead in your search for collaboration partners and sponsors.
What company might sponsor your book? Please tell us about it in a comment.
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