|-the act of providing money for a television or radio programme, website, sports event, or other activity in exchange for advertising|
|We need to get a sponsorship for our product launch.|
|-a payment to someone who sells goods that is directly related to the amount sold, or a system that uses such payments|
|He received a large commission after working for a renowned organization.|
|3. clinch the deal|
|-confirm or settle (a contract or bargain)|
|Your work on the project will surely clinch the deal.|
|-the amount of public attention that someone or something, especially an advertisement or product, receives|
|Most clothing brands gain exposure through social media.|
|-a connection or agreement that joins two things or organizations|
|In 2018, Nestle paid Starbucks $7.15bn in a marketing tie-up.|
|3. clinch the deal|
Date: September 6
From: Sheena Walter – Tony’s Fries
To: Kirk Brent
Subject: Food booth sponsorship
Dear Mr. Brent,
Thank you for choosing us as one of your sponsors for your music festival. I have gone over your proposal this afternoon and there is a concern I want to address. Based on what I have read, you will only provide us a commission of 8%. I believe that won’t work as we have already offered you half the price of our food booths. We can only clinch the deal if you raise the commission to 15% and promote us on your social media platforms.
Please confirm so we can revise the contract and have it signed accordingly.
We look forward to working with you on this tie-up.
|For JYD Holdings Inc.’s 20th anniversary, its marketing officer sent a proposal to Gold Ribbon to be its official sponsor of corporate giveaways. Respond to the proposal. Your tutor will act as the marketing officer and you will play the role of Gold Ribbon’s CEO. You will only agree to clinch a deal under the following conditions:
– Gold Ribbon’s commission should be raised to 4%.
|1.||How do you deal with clients who have a lot of requests?|
|2.||How should you respond to a client who has rejected your initial offer? Please explain.|