Brand licensing allows you to ‘rent’ a well-known brand and use it on your products. Connecting a powerful brand to an in demand product helps to increase sales and drive additional revenue. With the global licensing industry reaching $280.3bn last year, this growing industry helps bring together much loved brands to their fans and consumers in new and innovative ways.
"Brand Licensing has become a business imperative for any brand owner or product maker looking to take their company to the next level. It is one of the best ways to create an experiential shopping opportunity for customers to engage with beloved brands in novel ways. The glamour and appeal of products licensed to hit movies, TV shows, sports events, celebrities, famous characters and even fashion brands make them eminently suitable for products across verticals and regions.”
Steven Ekstract - Brand Director, Global Licensing Group
Licensing is a marketing and brand extension tool that is widely used by everyone, from major corporations to small businesses. From entertainment to sports and heritage to corporate brands, all categories can be incorporated into a licensed product to increase brand exposure into consumers' day-to-day lives.
Licensing can extend a brand into new categories, areas of a store or into new stores entirely. Brand licensing is a way for brand owners to increase their current fan base and move into new businesses categories without major investment in new manufacturing processes. It allows retailers and manufacturers to stand out from the competition and offer consumers the hottest brands as well as drive sales.
This guide contains everything you need to know to get started in the licensing industry, including: