A Marketing Commitment is the amount your licensee agrees to spend on marketing their licensed products during the life of their agreement and can be set for the overall contract terms or for specific periods, properties, categories, territories and/or distribution channels.
Marketing Commitments are set up in Step 9 (Fees) as a Recurring Fee
Next, set your Marketing Commitment terms
- 1. Enter the name of the commitment
- 2. Enter the calculation method
- 3. Enter the start and end dates for the commitment
- 4. Choose Marketing Commitment
- 5. Select "Next"
Enter the rate and select "Save"
Select the associations you want to use to calculate the Marketing Commitment
This example shows the Commitment applies to only the property "Buddy", in all categories, territories and distribution
Your Marketing Commitment shows under "Recurring Fees"
