Sponsorships vs Exclusivity

Everybody knows what sponsorships are — at least vaguely. We last explored how to get your pet sponsored too. However, there is another category of partnerships. Exclusivity. How are they different? Is one better than the other? Lets know more about exclusivity and understand why it is an equally valid strategy for Pet Influencers.

Definitions

Exclusivity

Working with a brand for a set period of time. During this time, you are not allowed to promote any other brand. “Which brand” will depend on the contract — some exclusivities do allow you to work with other brands, so long as they are not in the same category, or competitors of the brand you are working with..

Because of that, exclusivities may be restrictive in its own way. When you’re promoting a brand as an exclusive ambassador, you won’t be able to promote other brands with us. If you have been offered an exclusive contract, do consider the benefits as well as the contract terms carefully before accepting.

Sponsorship

Promoting or a product, event, or activity to raise brand awareness for the client. Sponsorships are more flexible because of the requirements per sponsor — most tend to be a one-time project. Of course, brands would definitely want some commitment back. A good rule-of-thumb would be to avoid promoting similar products from other brands during your sponsorship.

Benefits

While exclusivity may restrict the number of offers you can take up at any one time, it’s not without its benefits. 

Sponsorships play at versatility. Because sponsorships tend to have a short campaign period, you can use the fast-paced premise of the jobs to get your name out to a wider audience much faster. Your followers and potential partners will see you on media and current events more often, which creates a lasting impression.Exclusivities however, are all about being selective. Having many sponsorships may get your pawpal seen in the early game, but over time you may have to balance your feed with more organic posts or risk losing authenticity. In the case of exclusivities, being selective and deliberate, signals to your potential partners that you are invested in their cause, not just their profits. Your words carry more weight because you chose to endorse these brands.

How to make the most out of each

Sponsorships : Form bonds, create long term connections

Sponsorships come and go really quickly. So one way to maximize your opportunities is to know not just your own audience, but also your partners’ usual audience. If you can engage them, your partners are more likely to  find you again to do more sponsorships.

Exclusivity : Think community-first, be wary of competitors

When speaking for your partner, always keep in mind how your audience will feel about you and the brand when you post something. Think about how your pawpal can stay true to themselves while still representing a brand. Take note of what your partner’s competitors are up to, and avoid working with them when your exclusivity ends.

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Featured Photo by Ivan Babydov from Pexels