Co- branding agreement templateCo-Branding Agreement • May 17th, 2021
Contract Type FiledMay 17th, 2021Co-branding is the practice of functioning of two or more brand names together for a single product or service. It can also be referred to display multiple brand names or corporate logos on a single website, so that website visitors see it as a joint enterprise. Simply, co-branding is a marketing partnership between two or more different brands of products or services. This partnership can also be considered as sponsorship.This is relatively new strategy in business management for sake of boosting the sales, and popularity of their products, services and company. This strategy is gaining popularity in many different types of businesses; for instance, the retailers, restaurants, car manufacturers, electronics manufacturers, etc.Purpose of Co-Branding:Leveraging multiple brandsLaunch a new product or service to increase corporate sales and revenueInfluence core proficiencies of a companyExpanding customer base market shareResponding to the market to meet people’s modern necessitiesIncrea