Justin Moore - How To Sell Sponsorships, Pitch, and Negotiate, Growing To 35k+ Subscribers, How To Stand Out In a Crowded Market, Evergreen Vs Cohort Based Courses, and More
Jan 23, 2024
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Justin Moore, a sponsorship coach and founder of Creator Wizard, talks about his journey with sponsorships and the media side of the business. He discusses growth strategies, monetization strategies including sponsorships, and transitioning to evergreen courses. He shares tips for standing out in a crowded market and offering different sponsorship packages. He also talks about generating demand and pitching sponsors effectively.
Tailor your sponsorship pitches to meet the sponsor's objectives and offer bespoke solutions for brand awareness, repurposing, and conversion-focused campaigns.
Explore various sponsorship avenues beyond newsletter placements to increase the value of your packages and attract a wider range of sponsors. Utilize webinars, podcast placements, social media partnerships, and brand strategy consulting.
Deep dives
Pitching Sponsorships: The Mistake to Avoid
When reaching out to sponsors, it is crucial to avoid pitching based solely on your newsletter's inventory or CPM. Instead, focus on understanding the sponsor's objectives and tailoring your pitch to meet those goals. For brand awareness campaigns, offer various avenues such as webinars, podcast ad reads, or social media promotions. For repurposing campaigns, highlight how your content can be leveraged across different platforms. And for conversion-focused campaigns, emphasize your ability to drive sales or trial signups. By approaching sponsorships with a consultative mindset and offering bespoke solutions, you can stand out among other newsletter operators and secure meaningful partnerships.
Diversify Your Offerings for Meaningful Sponsorships
Instead of relying solely on newsletter placements, explore other avenues to offer a wider range of sponsorships and increase the value of your packages. Consider hosting webinars for sponsors, offering placements within your podcast episodes, creating strategic partnerships on social media, or even consulting on brand strategy. By showcasing multiple offering options and consulting-like capabilities, you can increase the appeal of your sponsorship opportunities and attract a wider range of sponsors.
Generating Demand: The Rope Method
To stand out from the crowd and initiate conversations with sponsors, utilize the Rope Method. In your pitch, make sure it is relevant to the sponsor's current or past campaigns (R). Show organic ties to your work, referring to previously published content (O). Provide proof of your ability to deliver results, highlighting how you have helped other brands achieve success (P). Lastly, make your pitch easy to execute, outlining clear next steps for collaboration (E). By following this method, you can differentiate yourself from other newsletter operators and gain sponsor interest.
Justin Moore is a sponsorship coach and the founder of Creator Wizard, a school and community that teaches you how to find and negotiate your dream brand deals.
Join Justin's newsletter for sponsorship opportunities.
Episode topics & Timestamps
(00:40) Justin’s journey and experience with sponsorships, introduction and background
(03:00) overview of the media side of the business
(09:00) Growth sources and strategies for building an audience for the newsletter.
(16:00) Monetization strategies, including sponsorships, courses, and coaching.
(25:00) Transitioning to evergreen course offerings and the impact on revenue.
(30:00) Tips for standing out and securing sponsors in a crowded market.
(45:00) Offering different sponsorship packages and being flexible based on sponsors' goals.
(48:00) Generating demand and pitching sponsors effectively.
Links Mentioned
https://www.creatorwizard.com/join
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