Why Sell a Sponsor Two Days When You Have Their Attention All Year?

A wellness association holds its annual conference in October. It spends months finding sponsors, negotiating packages, collecting the money, and giving each company two or three days of exposure. The conference ends, everyone goes home, and most sponsor activity stops. A few months later, the organization starts selling sponsorship again. That model is common, but […]

Can a Wellness Business Make Money From Empty Hours?

A yoga studio can be full at 6:00 p.m. and nearly empty at 11:00 a.m. A spa may have a waiting list on Saturday but several unused treatment rooms on Tuesday afternoon. A personal trainer can be booked before work and after work while having large gaps in the middle of the day. Those empty […]

Before You Spend $50,000 on a Sponsorship, Ask for More Than Your Logo

A company receives a proposal to sponsor an industry conference. The upper packages cost $50,000, $70,000, and $90,000. Among the benefits are a booth, complimentary registrations, recognition on the event website, the company logo in emails, and advertising shown between conference sessions. At another conference, a company can spend $15,000 to put its logo on […]

The Hotel Guest Checks Out Tomorrow. Why Should the Wellness Customer Leave Too?

Hotels have traditionally treated wellness as part of the overnight stay. A guest books a room, schedules a massage, uses the pool or fitness center, and leaves. The hotel then waits for another traveler to arrive. That model is starting to look unnecessarily limited. A hotel may have spent millions of dollars building a spa, […]

Should a Wellness Sponsor Get Exclusivity? When One Sponsor May Be Worth More Than Five

A wellness conference has five companies willing to sponsor the event. Two sell supplements, one offers personalized nutrition, another sells health testing, and the fifth is a longevity brand. Taking all five sounds like the obvious business decision. More sponsors should mean more sponsorship revenue. But there is another possibility. One company may be willing […]

The $25,000 Wellness Sponsorship Question: What Is a Sponsor Actually Buying?

A wellness conference approaches a health technology company with a $25,000 sponsorship proposal. The package includes a premium booth, the company logo on the website and event signage, several social media mentions, complimentary passes, and recognition from the stage. There is nothing unusual about the offer. In fact, it looks similar to thousands of sponsorship […]

The Longevity Clinic Is Moving Into the Hotel: Who Actually Owns the Customer?

For years, hotel wellness followed a fairly predictable formula: build a spa, add a fitness room, offer massages and facials, possibly introduce yoga or nutrition programs, and market the property as a wellness destination. That model is beginning to change. Luxury hotels are partnering with longevity clinics, preventive-health companies and medical-wellness operators. The hotel provides […]

Why Some Retreats Become Million-Dollar Businesses While Others Never Make a Profit

When most people imagine owning a wellness retreat, they picture something almost idyllic. A peaceful property surrounded by nature, guests practicing yoga at sunrise, healthy meals prepared with local ingredients, relaxing spa treatments, and satisfied visitors leaving with five-star reviews. It looks like the perfect combination of meaningful work and financial success. It’s no surprise […]

Beyond Gold, Silver and Bronze: A Better Sponsorship Model for Wellness Events

MG WELLNESS BUSINESS INTELLIGENCE REPORT #003 Beyond Gold, Silver and Bronze: A Better Sponsorship Model for Wellness Events For decades, event sponsorship has followed a familiar formula. Create three or four packages, give each one a name—Gold, Silver, Bronze—attach a price, and add more benefits as the price increases. The largest sponsor gets the biggest […]