A key output of the Sponsor Recruitment and Management phase is indeed a timeline for managing sponsor participation. This phase is crucial in ensuring that sponsors are not only recruited but also engaged effectively throughout the event process.
Creating a timeline allows event strategists to outline critical milestones such as contract signing dates, deliverables from sponsors, promotional activities, and communication touchpoints. This organized approach helps both the event team and the sponsors understand their responsibilities, leading to smooth collaboration and accountability. It ensures that sponsors know when to activate their benefits, such as marketing efforts or on-site participation, and helps prevent last-minute scrambles which could lead to misunderstandings or unmet expectations.
In contrast, other options like technology selection, event marketing, or audience engagement strategies, although important parts of event planning, do not specifically focus on the management of sponsor relationships which is the primary concern during this particular phase.