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SAMSPA Community Sign Board Renumeration Project

 

As Stewards of the Community, the St. Albert Men’s Slowpitch Association is providing community groups and third-party sources the opportunity to partner with SAMSPA to sell fence boards at the SAMSPA diamonds known as Meadowview Ball Park. In return, these third parties will receive an attractive incentive fee.  The goal would be to generate additional revenue for community groups to assist in addressing the current financial challenges.

The net revenue, after costs, for new signboard sales will be shared equally between the third party and SAMSPA. The incentive fee paid will be the same for all third parties.

 

Current Signboard Financial Breakdown

 

The following are examples using approximate figures based on current board pricing for new signboard sales:

  1. Sale of one signboard:

Advertising Revenue: $1,275.00 per Board, for 3-year term

Production Costs: $475.00

  • $75.00 admin (Operations Coordinator).
  • $300.00 board production
  • $100.00 installation (transportation to pick up sign and contractor to install). 

Net Profit: $800.00

Revenue Sharing: Split revenue 50/50 so third party receives $400 and SAMSPA receives $400.

  1. Sale of four signboards:

    Advertisting Revenue:
    $4,800.00 for 4 boards, 1 per diamond, for 3-year term.

Production Costs:  $1,675.00

  • $75.00 admin
  • $1200.00 board production
  • $400.00 installation

Net Profit:  $3,125.00

Revenue Sharing:  Split revenue 50/50 so third party receives $1,562.50 and SAMSPA receives $1,562.50.

  1. Sale of Bleacher Signage

Advertising Revenue:  $2,075.00 for 1 board, option of 4 diamonds, for 3-year term.

Production Costs:  $725.00

  • $75.00 admin
  • $500.00 board production & plexiglass
  • $150.00 installation

Net Profit:  $1,350.00

Revenue Sharing:  Split revenue 50/50 so third party receives $675.00 and SAMSPA receives $675.00.

  1. Diamond Naming Rights

Advertising Revenue:  $10,000, 1 per diamond, for 5-year term.

Production Costs:  $2,000.00

  • $300.00 admin
  • $1200.00 board production
  • $500.00 installation

Net Profit:  $8,000.00

Revenue Sharing:  Split revenue 50/50 so third party receives $4,000.00 and SAMSPA receives $4,000.00.

 

Sign Board Q & A

 

  1. Once a company identified by an individual or group, how does the board sale proceed?

The person would complete the contract/invoice with the company. The signed contract/invoice would be submitted to the SAMSPA League Operations Coordinator. The League Operations Coordinator would work directly with the company finalizing artwork proof and approval, ordering sign through Topline Signs, picking up product and delivering to SAMSPA Maintenance crew for installation. League Operations Coordinator would implement advertising on website and url link to company. Once entire invoice paid, salesperson/group would receive a credit for the sale. The League Operations Coordinator would keep a running tally of all sales per individual/group and a final cheque for all sales would be issued mid August. 

  1. How do renewals work?

The individual who sold original board would approach company to renew and would receive the same dollar incentive as was awarded originally ie. $400 if one sign for three years or $1,562.56 if four boards over three years. Contact with expiring advertisers would need to be made by original seller within 4 weeks of expiry date to honour renumeration. Should original seller choose not to approach advertiser, SAMSPA would then approach on their own behalf.

  1. Why would SAMSPA share the net profit equally?
  • It is a win win for all involved.
  • To provide the opportunity to be good stewards of the community in assisting other groups also struggling financially.
  • There is an opportunity to create additional revenue if an attractive incentive is offered and it shows SAMSPA is willing to partner fairly.
  • We have the inventory space available and this inventory is currently under utilized.
  • SAMSPA currently has no one within our organization actively selling fence boards.