There are many opportunities for businesses
to sponsor the charity in a way that will be beneficial
to your business. See the options below for further
details.
Licensing agreements
Africa Foundation can give your company a licence to
use the charity’s name and or/logo in selling
a product or service. The company will promote sales
of the product with a promise to the consumer that the
charity will benefit financially from the sales of that
product. Such promotions will usually act as a buying
incentive to the consumer and so help to boost sales
of that product.
A wide range of commercial products, the best-known
being Christmas cards, is commonly marketed under this
type of agreement. The charity typically takes no active
part in the product marketing – it is simply selling
to the company, in return for payments, a limited right
to the use of the charity name.
Joint promotional agreements
In this type of agreement the image of the charity plays
an integral part in the marketing of the company’s
image, product or service. This is the basis of cause-related
marketing. The agreement often envisages the building
up of a long-term relationship between the charity and
the company. The company’s aim is to build an
image of it as a socially responsible organisation.
It seeks to achieve this by creating, through marketing
and publicity, a link in people’s minds between
itself and the cause the charity represents. Its underlying
aim is still, of course, to improve its financial performance
for shareholders. The benefits for the charity might
again include sales-linked payments from specific promotions,
but it also hopes to benefit from the raised awareness
of itself, its work and its funding needs that can result
from increased exposure in the media. As part of the
agreement the charity might also receive specified benefits
in kind – goods, services, facilities or expertise
provided to it by the company.
Sponsorship agreements
Under this type of agreement a company is in effect
paying a charity to publicise the company and the fact
that it has contributed to the charity. The company
agrees to meet some or all of the costs of, for instance,
one of the charity’s publications, fund-raising
events or projects. In return the charity will publicly
acknowledge the company’s contribution. The company
again hopes that its visible association with, and financial
support for, a charitable cause will improve its image,
or promote and sell its products. The charity benefits
from the sponsorship payments and, it hopes, from increased
exposure of its name and cause in the company’s
own advertising of its support for the charity.
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