5 Major Mistakes Companies Make
1. Doing it yourself
Corporations are full of smart people who are terrific in their own
jobs, but they don't know the licensing business. Just as you live &
breathe your business everyday, we live & breathe the ins & outs of
licensing everyday. It's what we do. And it's a proven fact that licenses
negotiated by agents produce:
Higher revenues
More favorable deals
Tighter contracts
Better market penetration
2. Lack of a clear vision
Successful licensed brands all:
Have a clear goal
Are committed to supporting the
licensing program
Work cooperatively in a
partnership
with their licensing agency & licensees
3. Taking forever to make up your mind
We understand you have your own job to do (and not enough time to do
it!) Whether you have too few hands to do all the work licensing requires,
have budget limitations, or just don't have the time to focus on getting
it up & running, BSLG can develop a program tailored to your needs &
resources. Let us show you how we can do it quickly & economically.
4. Thinking Big = Better
Big licensing agencies have big overheads, so they often churn brands
to skim off the easy deals. We dig deeper for the opportunities other
agencies overlook or are too complacent to find. 5. Thinking you're not
ready
There has never been a better time to be in licensing than right
now.
Why?
Consumer demand is strong for branded licensed products. We can help
you harvest the untapped value in your brand. What are you waiting
for?
Call Broad Street Licensing Group today!
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