How To Manage, Track, and Make Money With Sponsors (2024)

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By Helene Sula

We are lucky to live in a day and age where bloggers are seen as trusted resources. People value our opinion and take to heart our recommendations. The statistics show that people buy things when they hear it from a trusted resource, rather than an ad. This is excellent news for bloggers, we are that trusted resource.

Now, more than ever I've been working with sponsors and brands to spread the word about products, technology, and things that I truly love. There is no shame AT ALL in this. I have an audience, and I should share with them what I like and get profit in return. I try to always give an open and honest opinion and share my true thoughts.

How To Manage, Track, and Make Money With Sponsors (1)

But it can be hectic. There are contracts to look through and sign, deadlines to meet, payments to be made, social shares, photos to be taken and more. This year, I got SUPER organized and made a document to track this all. Not only has this helped me in the process dramatically, it's also helped to ensure I'm paid and on time. Plus, this helps me remember who I've worked with and more.

Grab my free tracker right here!

Before we get into how, there is a lot of flack about making money blogging. Many people will tell you that you need a certain amount of page views, followers, etc. They are wrong. Your audience inherently unique and therefore an asset to the sponsor you work with.

Another argument is that working with sponsors cannot turn into real profit. That is also just plain wrong. The MAJORITY of bloggers make money with sponsored posts and affiliate links. Period.

Now, how can you make money with sponsors? Should you reach out to them? Let's go through this so you can make money!

Focus on what YOU want

Before you worry about people contacting you, or not contacting you, think about what you care about. What are products, services, entertainment, etc that you already use. I keep a running list of things I like.

Let me give you an example. I love Pura Vida bracelets. I happen to also think they work well with my Instagram feed. I decided I'd reach out to see if they wanted to partner with me. I wasn't in it to make tons of money, I just sincerely liked their product. The next day, they sent me 10 bracelets and an affiliate code to use.

So, the lesson here is you don't need to wait around for people to contact you. You CAN make money from your blog and you can reach out to people as well.

Join a Blogging Network

Blogging networks bring together bloggers and companies to help spread the word about their products. The blogger generally agrees on a certain amount ahead of time and the network lays out the terms. I love these networks because many pay very well and are fairly easy to work with. You're not having to deal with the company directly. Be aware, there are usually some pretty strict rules, aka, what to post, when and what to share.

Here are some of my favorite ad networks:

  1. Pollinate Media – They pay well and on time and usually have awesome post opportunities. They offer a range of sponsored posts that you want to actually blog or share about on social media. Usually, you fill out your information and then come up with a short pitch as to why you should be chosen for the project. They have dedicated team to remind you of posting and any post to-dos.
  2. IZEA – This is a super simple and easy to use platform. You typically browse what they have to offer and then submit a bid for posting. Some posts already have a price and you can negotiate with this. They will also reach out to you personally for posts and social mentions. IZEA, in my opinion, pays very well and have straightforward objectives. You write the post and paste it on their platform to get approved. It's a simple process and there are no requirements for number of page views or followers.
  3. CleverGirls – Much like Pollinate Media, you'll get emails about new sponsored opportunities and be able to apple for them. They pay well and I have worked with them on posts like Lenovo and Bose. They have great products and give you ample amount of time to create your posts.
  4. BlogHer – once primarily an ad network (like Google Adsense) they now have a network that invites Bloggers to spread the word about their sponsors. They reach a LARGE audience and you also have the added benefit of getting reposted by BlogHer if they like your post. I have worked with them for a number of years and worked on campaigns like MaryKay and more.
  5. FullBottle – this is a newer network but quickly becoming one of my favorites. Much like IZEA there are various opportunities that you can apply for. FullBottle, however, focuses on Instagram and you are paid per like. This is great for both the advertiser and the influencer. They are encouraged to create a great post so they get more likes, which means more exposure for the advertiser.
  6. Coopertize – You get to say how much you want to be paid for posts and you're emailed opportunities based on what you have in your profile – simple as that! Super easy platform to use and you decide on the opportunities you want to take.

Curate a Pitch

This is probably the most important and often overlooked part. You need to create a pitch as to why someone should work with you. Whether your audience is small or large or you have a big follower count or not, the advertiser wants to see how you're going to showcase your unique perspective. This needs to be relatable to your readers but also work for the brand. I break down a v very clear idea, with example on how to write a pitch in this post, but the basic idea is you need to think about this if you'd really like to work on this campaign.

Increase Profits

A great way to increase your profits with sponsors is by growing your reader base, your page views, and your social media followers. Improving your traffic is a big key in monetizing any site. A few ways to do this? Have a clean site design, be consistent (on your blog and social media), have a point to your posts, write interesting and engaging content, and share images that your audience would like. Also, it's awesome if you can create evergreen content that will be posted and shared 1,000s of times. My post on The Ultimate Guide to A Weekend in Nashville has now been shared over 45,000 times and daily I get hundreds of hits from that single post.

Check out my full guide on Making Money as a Blogger.

Follow Best Practices

It makes me cringe when bloggers don't disclose that they've worked with an advertiser. You just have to. It's part of the FTC guidelines. It doesn't take away from your post! So just do it, okay?! Also, follow the rules. I wrote a post that I thought was great. Come to find out, I couldn't mention a single other product in the post. Welp, the post was all about toothpaste and I talked a lot about lipstick. I ended up not posting about it at all. I lost out on making money and more importantly I wasted time and effort writing a post and taking and editing photos that will never see the light of day. So follow the rules. And if you don't know the answer, ask.

You may also like: How Bloggers Can Reach out to Businesses and Bloggers (free media kit templates included!)

Now, you need to be able to manage and track your sponsored posts. This is the exact tool I use to track all of my posts, the money I make, and the more. Download it here:

How To Manage, Track, and Make Money With Sponsors (2)

Free Sponsor Tracker

How To Manage, Track, and Make Money With Sponsors (3)

Get paid and make sure you have everything set up for success on your blog.

How To Manage, Track, and Make Money With Sponsors (4)

MEET THE AUTHOR

Helene Sula

I believe that one trip can change your life. It did for me. I'm a self proclaimed home body that quit her job, moved abroad, and more often than not, lives out of a carry-on bag. If I'm not traveling, I'm most likely re-reading Harry Potter or watching "Midnight in Paris" while snuggling my dogs. I'm a digital marketing expert who turned my love of travel into a full-time career. And I help others do it too.

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How To Manage, Track, and Make Money With Sponsors (5)

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Let me tell you a good one. I share behind the scenes travel mishaps and adventures on the road.

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How To Manage, Track, and Make Money With Sponsors (2024)

FAQs

How do you make money from sponsorships? ›

Commercial Transaction: Sponsorships are commercial agreements in which a company or brand funds your content in exchange for promotion or association. This implies an expected return on investment from the sponsor. Promotional Objective: Sponsors aim to promote their products, services, or brand through your audience.

How to manage a sponsor? ›

  1. 1 Identify your sponsors' needs and expectations. ...
  2. 2 Communicate regularly and transparently. ...
  3. 3 Engage and appreciate your sponsors during the event. ...
  4. 4 Follow up and measure your sponsors' satisfaction and impact. ...
  5. 5 Nurture and grow your sponsors' relationships. ...
  6. 6 Here's what else to consider.
Mar 27, 2023

How do you track effectiveness of a sponsor? ›

To measure the success of your sponsorship and endorsem*nt deals, you can use surveys, media analysis, and sales data. Surveys can help you understand customer perceptions, attitudes, and behaviors related to your brand.

Is sponsorship money income? ›

Some payments are both taxable and non-taxable:

Payments from a business sponsor can actually be a mixture of charitable contributions and advertising payments. If so, a portion of the sponsorship payment will be taxable.

What is the first step in sponsorship management? ›

Prospecting – This first step involves a great deal of research and discovery. The primary task is to identify potential targets for sponsorship.

How to make sponsorship successful? ›

A sponsor has the power to open doors for their protege in important ways, including:
  1. Increasing visibility. A sponsor shares the accomplishments of their protege with other senior leaders and openly advocates for them in closed-door meetings. ...
  2. Sharing valuable insight. ...
  3. Making meaningful introductions. ...
  4. Candid Feedback.

How much money does a sponsor need? ›

Minimum Annual Income For Military Sponsors in 2022.
Sponsor's Household Size (by number of people, including sponsor and spouse)Sponsors in the 48 continental states, D.C., and U.S. territoriesSponsors in Hawaii
2$18,310$21,060
3$23,030$26,490
4$27,750$31,920
5$32,470$37,350
3 more rows

What is an example of a successful sponsorship? ›

Example 1: Sports Arena Sponsorship

These partnerships can span decades and involve millions of dollars but the mutual benefits are undeniable. For instance, a leading tech company formed a successful alliance with a world-famous basketball arena.

How are sponsorships activated? ›

Activation is where audience and sponsor goals achieve the expected outcomes of both parties. However, this can only be achieved when you meet the expectations of your attendees. Therefore, to create sponsorship activation you must: Know what your audience wants and share it clearly with your sponsors.

What is the sponsor management system? ›

The Sponsorship Management System is the online tool used by licensed sponsors to manage their licence and meet their duties to notify the Home Office of changes in circ*mstances.

How do independent sponsors make money? ›

The independent sponsor gets paid management fees because of their involvement in the organization after closing. The management fee, however, does not depend on them playing a daily role in the company. Many independent sponsors operate as strategic advisors that help the management team.

What do sponsors want in return? ›

Instead of blazing into someone's email inbox promising logo placement everywhere you can think of, consider taking a more analytical approach. The list of what companies actually want in return for their sponsorship dollars is simple: Exposure/People to see their generosity in action. Relevant recognition.

How to ask for sponsorship money template? ›

I'm writing to ask you to sponsor [part of your event that needs sponsorship]. With [dollar amount], we'll be able to [insert goal or achievement]. As a thank you, [nonprofit's name] would also like to offer [incentive] and publically announce your partnership with our charitable organization.

What do sponsors get in return? ›

Sponsors can help you build a prominent reputation within the industry. In exchange for exposure at the Event, they can offer a venue, catering, digital marketing, technology gear, prizes, and so much more.

How much does a sponsor make? ›

Sponsor Salary
Annual SalaryMonthly Pay
Top Earners$148,000$12,333
75th Percentile$120,500$10,041
Average$94,017$7,834
25th Percentile$61,500$5,125

How do paid sponsorships work? ›

In the physical world, sponsorship is where a business pays to have its name and logo placed on the materials associated with an event or organization. For example, you may purchase new kit for a Little League team and, in return, have your business name on the shirts or printed in the match programs.

How many followers do you need to get paid sponsorship? ›

Generally, influencers with at least 10,000 followers can start collaborating with brands for sponsored posts and promotions. However, some smaller influencers with highly engaged audiences may also attract sponsorship deals.

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