You don’t have to be the only one telling your brand’s story. Strategic partnerships with like-minded brands and organizations can expand your campaign’s reach and create pathways to new audiences. Similarly, sponsorships allow you to align your brand with external initiatives, charities, or events that exemplify your values and mission. But both sponsorships and partnerships are a balancing act between getting what you need while ensuring consumers perceive your brand as separate and unique from your collaborators.