Download - Scouting For Playmakers
Scouting for Playmakers
Pete CanalichioLicensing Brands, Inc.
www.brandlicensingexpert.com
The following slides are an abridged section from our webinar series “How to Build Your Brand Licensing Dynasty”
To purchase the complete webinar and series with audio visit www.BrandLicensingExpert.com
Best-in-Class Licensees
• Believe in the vision of the brand and see the benefit of establishing the brand in their category
• Understand consumer needs and are willing to invest in marketing
• Achieve category captain status• Have strong leadership and are well managed• Possess excellent references from licensors and
retailers• Focus on innovation and product development• Deliver consistent financial resultsConfidential 2
Agenda
Prospect Licensees• Definition of “Prospect”• Art or Science?• Selection Techniques• Evaluation Checklist• Assessing Interest Level
Perform Due Diligence• Points to Consider• Separating the Curious
From the Serious• Areas for Evaluation
− Strategic− Financial− Legal− Organizational − Reference Checks
Confidential
Definition of “Prospect”
• To search or explore (a region), as for gold
• Once you have your prospects, you need to test them to see how good they are
Confidential
ART OR SCIENCE?
Confidential
Perform Due Diligence
• Points to Consider• Separating the Curious From the Serious• Areas for Evaluation
− Strategic− Financial− Legal− Organizational − Reference Checks
Confidential
Points to Consider
• Objectives− Stimulate profitable, long term growth of licensing
revenues− Maximize the efficiency and effectiveness of the licensing
team− Eliminate major risks− Ensure that the right controls are in the right place
Confidential
Summarizing the Process
• Licensing Team / Agent
• Research• Store Walks• Trade Shows• Trade Publications
Identify Prospects
• Licensing Team / Agent
• Input from Marketing, Finance, Legal, Operations
Prepare Checklist
• Licensing Team / Agent
• Interview• Questionnaire
Evaluate Prospects
Confidential
This has been a snippet from our webinar series “How to Build Your Brand Licensing Dynasty” To purchase the complete series with audio
visit www.BrandLicensingExpert.com