sponsor-feedback

Vocabulary Word

Definition

'Sponsor-feedback' is a term used when a sponsor, or the person or company that provided money to make something happen, gives their comments or ideas. They share what they liked or didn't like, or suggest anything that can be done better.

Examples in Different Contexts

For product development, sponsor feedback can inform the refinement and direction of new products or services. A product manager might explain, 'Sponsor feedback is invaluable for tailoring our products to better meet the needs of our target market and sponsors.'

Practice Scenarios

Non-Profit

Scenario:

I must mention, the community has really benefitted from incorporating our sponsors' feedback. It's shaped our strategies significantly.

Response:

Yes, the sponsor-feedback was immensely helpful. We were better able to target our resources towards community needs.

Academics

Scenario:

I've just finished reviewing the feedback from our grant sponsors. It looks like they're pleased with our research project's progress, but there are some areas we need to focus on.

Response:

Considering the sponsor-feedback, we need to include more real-world examples in the next phase of research.