Strategic Brand Licensing: Building Brand Value through Enduring Partnerships

As a university media and public relations instructor with a Ph.D. in communication, I am deeply immersed in the ever-evolving world of branding and greatly admire new perspectives that inform how theories apply in daily practice. It is with this lens that I wholeheartedly endorse the groundbreaking textbook 'Strategic Brand Licensing.' Co-authored by Professor M. Cristina Longo and Pete Canalichio, a renowned expert in brand licensing, this book offers a profound understanding of the symbiotic relationship between branding and licensing. It seamlessly merges cutting-edge marketing theories with practical insights from brand licensing, making it an indispensable resource for students and professionals alike. The authors' combined expertise ensures readers gain a holistic perspective on leveraging brands effectively. This textbook is a must-read, unlocking the full potential of strategic brand licensing.

- Heather Epkins, PhD, University of Maryland, College Park

I'm bursting with pride and gratitude for being included in this phenomenal book. If only it had been available decades ago when I first began charting my path! It's an invaluable resource that could have profoundly shaped my career path and expanded my knowledge much earlier. The licensing industry is vast, touching every corner of global commerce, yet resources like this were rare before Pete and Cristina crafted this masterpiece. Their book fills a crucial gap by comprehensively and eloquently explaining licensing, its significance, and practical insights. Professionally, it's a milestone for me; for the industry, it's a giant leap toward empowering both existing and future leaders.

- Alex Locke, General Counsel, VeeFriends | Founder & CEO, NFIP Holdings

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Product Description

This book presents a roadmap for a brand licensing strategy to enable companies to leverage brand value and expand into other product categories or into different markets. Readers will understand both the risks and the benefits of partnerships, how to make the most of a brand's potential in the digital platform, and how to extend a product portfolio through established brands. Brand licensing can be of interest to many stakeholders, including large companies, entrepreneurs, retailers, agencies and even celebrities. This is also a relevant strategy for small and medium-sized enterprises that want to expand their business abroad, reconciling their limited size with their flexibility. Examples of long-standing partnerships are presented and analyzed, with detailed consideration of what has made them so successful.

Through the presentation of case studies in the sectors particularly interested in brand licensing, including the art, character, entertainment, fashion, jewelry, sports and toys sectors, this book aims to highlight opportunities, limits and challenges from both the licensor and licensee’s perspectives. In particular, these case studies represent an effective basis for comparing different experiences and brand licensing strategies, allowing readers to understand both best practices and pitfalls to avoid when building an effective and enduring licensing program. Chapter objectives, summaries, key learning points and discussion questions reinforce understanding and aid reflection.

Practical yet theoretically grounded, this book is particularly suitable for postgraduate, MBA and executive education students interested in strategic brand management, licensing strategy and brand expansion. This book can also serve as a valuable guide for professionals interested in expanding their brand portfolio.

This book provides effective tools to evaluate the strategic side of brand licensing and the selection of the appropriate company to be a licensee. Online resources include PowerPoint slides, a test bank of exam questions, a case list and discussion questions.