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Definition: Co-marketing is a joint marketing effort between two or more companies to simultaneously promote both businesses. The marketing can take many forms from logos and links on websites to full-fledged website overhauls and special packaging.
Thus, a marketing agreement is essentially a legally binding contract between two parties. One of them is offering their goods and services in the market while the other is the one who would market or promote these goods in the market.
Joint Sales Agreement means an agreement between (or assigned to) the Company or one of its Subsidiaries and the holder of an FCC Broadcast Station License (which holder is not the Parent, the Company, any of its Subsidiaries or an Affiliate of any of them) pursuant to which the Company or such Subsidiary (i) arranges ...
Aspects of the joint marketing agreement should include: The terms for exiting the agreement and how easily either party can do so. Whether the agreement is exclusive and if so, if exceptions to the exclusivity exist. Whether restrictions will exist on each party's authority to promote the other party's products.
A joint marketing agreement is a contract between two or more parties in which at least one party agrees to collaborate on promoting the other's offerings. Joint marketing agreements are sometimes called co-marketing agreements or co-branding agreements.
A marketing agreement is a formalised document that delineates the terms and conditions under which parties agree to promote and market a product or service. It serves as a foundational blueprint, outlining roles, responsibilities, and deliverables to ensure alignment in marketing efforts.
So, all marketing agreements will have a discussion of payment terms, timeline, and some articulation of the work being done by the marketing agency. There may also be a section covering legal matters such as copyright protection, nondisclosure, or other provisions related to a business's proprietary information.