Token endorser definition

Token endorser means that a supported brand receives the necessary reliability through endorsement by a master brand. As in the case with the “shadow endorser”, the supported brand still keeps its independence to build its own links. Some common criteria which strengthen the effects of the “token endorser” strategy are; the popularity of the endorser, the company Nestlé fulfills this requirement. Another one arises when an endorser is belonging to a respected and well known product category, this will be of great help due to its capacity to develop and launch new products. Despite the benefits a “token endorser” provides, there are some misunderstandings regarding the ability of the strategy. In

Related to Token endorser

  • Endorser means a person who makes an endorsement.

  • negotiable instrument means a “negotiable instrument” as defined in the UCC.

  • Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of any member of the Group arising in the ordinary course of trading of that member of the Group.

  • Guaranties means, collectively, each Subsidiary Guaranty and any other guaranty executed by any Guarantor in favor of Agent and Lenders in respect of the Obligations.

  • Indorsement has the meaning specified in Section 8-102(a)(11) of the UCC, and “Indorsed” has a corresponding meaning.