What is a brand’s return on investment for its licensing program? In most cases, there are virtually no hard costs for the licensor: the brand merely grants authority to various licensees and associated vendors to execute on a licensing agreement, and the brand receives a percentage of the generated revenue in exchange. In other words, the brand achieves revenue after expending virtually no up-front costs. So, while the ROI can’t be quantified in normal terms, it’s clearly an attractive result even if the program generates only modest revenue..
I’ve always been a hardcore Baltimore-based sports fan, so you can imagine how thrilled I was when the Ravens played against the 49ers in this year’s Super Bowl. Yet, for all my excitement, I still cringed when I attended the game and could easily spot the difference between the officially sanctioned memorabilia and those items that weren’t.
From Russia, With Security