Do you have a great idea for an online radio show? Or are you passionate about a topic that others could benefit from? Regardless of where you’re coming from, it’s always best to think about how your idea for the show will go over with potential sponsors. By preparing a killer radio pitch, you’re going to give your station new life and earn yourself some extra cash in the process!
A radio pitch is not a cheque, but it could get you access to sponsors or partners who could provide you with the funds needed to get your radio program idea up and running (or simply help support your current project.)
What you need to do when preparing a radio pitch for potential sponsors
A sponsorship proposal (in this context, a “radio pitch“) is your sales idea and presentation on paper. With this medium, you can include pictures and charts that describe your idea. Creativity matters and is an essential factor you need to consider. Ultimately, your radio pitch has to sell your concept.
Not every potential sponsor will request to meet you in person, so you must be prepared both ways. If they opt for a meeting, prepare your radio pitch as a PowerPoint presentation. If they don’t request a meeting, you have to send them the pitch. Create it in a PDF or Word format and send it as requested.
So, where exactly do you start?
1. Describe the idea in a nutshell
Your idea is the most crucial part of your radio pitch and must be treated as such. This is what attracts a potential sponsor, so you have to go all out on this aspect. It could makes or break your chances right from the start.
You should ensure that this part has pertinent details that can catch the eyes of a potential sponsor, such as:
- name (should be catchy, easy to relate with, and remember);
- potential hosts and guests;
- online or offline (physically or virtual);
- what makes your radio show unique.
Potential sponsors might also find it interesting to know what drives you to take up the challenge – your purpose and expected impact – and run with it. They might also be interested in how well you have handled something similar before.
2. Present your target audience
What you plan to offer cannot be enjoyed and followed by everyone. Determining your target audience is key to getting desired results. So, you need to let your potential sponsors know who you’re aiming for and how you can reach them.
Here are some details you need to include:
- Interests, likes, and dislikes
- Age bracket
- Occupation/income level
Another good idea is to use an infographic to present your target audience. Visual information is always received well and tends to be easier to remember.
3. Demonstrate your track record
In this part, you have to brag about what you’ve accomplished and the goals you have set and met in the past.
It’s great that you have a fantastic concept for your radio program. It’s also notable that your target audience has potential. But why should they put their money in your hands? Your professional background shows that you are not a newbie to this thing. If you want people to finance your idea, you must establish your reputation in their eyes.
4. Outline your process
After introducing your concept, highlighting who it’s intended for, and proving to sponsors why you’re the best person for the job, it’s time to get into process detailing.
Detail how you plan to carry out your strategy step by step. This will help your sponsors to determine with ease whether you genuinely know what you have on paper and how feasible you see it to be.
Assume you’re creating a business plan to ask for a loan from a bank. If you have been in that scenario, you’re good to go – it’s no different. If you haven’t, this article will help you with the know-how.
Last but not least, your marketing initiatives should be included. This allows the sponsors to see how much exposure to the highly sought-after target audience you plan to offer them in the package. Which brings us to the last step…
5. Suggest some sponsorship packages
Once you’ve established a convincing argument through your radio pitch and how to reach your target audience, it’s time to demonstrate to potential sponsors how they will be involved.
You should set together sponsorship packages to assist their brand in obtaining greater exposure and business. Your packages might include options such as:
- Unique showtime and representation
- Co-hosting proposals
Developing a radio pitch isn’t difficult if you know how to go about it, and that is what this article offers. Ensure you follow the steps and you’re well and truly on your way to creating sponsorships that can help your radio project grow!
Ready to create a radio station? Launch a 14-day free trial with RadioKing today!