Definition, Meaning & Synonyms

endorsement-deal

noun
/ɪnˈdɔːrs.mənt diːl/
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.
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.
Meaning
It signifies a formal agreement where an influencer’s name or image is used to enhance the marketing of a brand or product.
Synonyms
  • endorsement
  • sponsorship
  • advertisement agreement