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Definition of Co-branding Co-branding is a form of partnership, where two companies or brands share their brand names, logos, etc., on one project, one product, or one piece of software. Co-branding presents one offer, using the combined resources and marketing power of two (or more) brands to sell it.
Co-marketing describes a partnership between two or more brands whereas co-branding is one of many co-marketing partnership forms and refers to two brands merging their brand identities to create a new product or service.
Here are just a few co-marketing examples: Product bundles: Instead of developing a single product, two brands can sell complementary product packages. Content collaboration: You can work with another business to publish gift guides, YouTube videos, podcasts, and other online content.
Uber & Spotify Music-streaming app Spotify partnered with ride-hailing app Uber to create "a soundtrack for your ride." This is a great example of a co-branding partnership between two very different products with similar goals? to earn more users.
Co-marketing is a marketing strategy where brands or organizations partner together to expand their reach. Typically, the companies working with each other have some similarities, such as being in the same industry or having similar audiences.