Definition, Meaning & Synonyms
endorsement-deal
noun
/ɪnˈdɔːrs.mənt diːl/
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Definition
An endorsement deal is a business arrangement where a celebrity or public figure publicly supports or promotes a product or service, usually in exchange for payment or other benefits.
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Examples
- After signing the endorsement deal, the athlete became the face of a popular sports drink brand.
- The actress secured an endorsement deal that included social media promotions and commercials.
- Many companies seek endorsement deals with influencers to reach a broader audience.
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Meaning
It signifies a formal agreement where an influencer’s name or image is used to enhance the marketing of a brand or product.
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Synonyms
- endorsement
- sponsorship
- advertisement agreement