Performance based sponsorship
In this post, we are going to talk about pitching and getting performance based sponsors. Performance based sponsors pay you on how well you did on the track or how well you did promoting their products or business. It could also be other, measurement/metric based goals. You can get really creative with this.
Performance based sponsorship can be a good way to get your foot in the door with a new sponsor. They will more easily know what is in it for them. This can even be for a fall back offer for a sponsor that is on the fence on sponsoring you or not.
I don’t recommend getting all your money based off pure performance sponsorship. You will need base money for the deal, and money to cover paint and decals.