From the screen to the page to the ballpark, this popular brand knows how to market food in an entertaining fashion. In 2006, Food Network pumped up its efforts to expand its reach beyond its popular cable television programming. In less than five years, that effort has brought the Food Network brand into the world of book and magazine publishing, retail stores, and even ballparks.
Read more: Food Network
With 100 years behind it, this nonprofit finds ways to meet the demands of a changing marketplace. In 2004, the Boy Scouts of America's (BSA) licensed product sales at retail were approximately $400,000. By the end of 2009, that number had grown to nearly $38 million. What this proves to Dave Harkins, associate director of business development, is that there can be great opportunity for nonprofits if you know how to present a product to a market.
Read more: Boy Scouts of America
This video game publisher is expanding its activities in media and consumer products to grow its brands. Capcom Entertainment, Inc., a subsidiary of Capcom Co. Ltd., markets, develops, and distributes interactive entertainment software for all gaming platforms in the US and develops Capcom’s brands into non-gaming media and consumer products in the US. Seon King is senior director of Capcom Entertainment’s media and consumer products department, which heads up these developments.
Read more: Capcom Entertainment
This licensing agency’s ability to develop and manage corporate licensing programs has helped many leading brands grow, expand retail presence, and gain consumer loyalty. The brand equity possessed by any trademark is the most important asset a corporation can have. For nearly 30 years, Nancy Bailey & Associates (NBA) has offered an unparalleled level of trademark licensing service and expertise, helping some of the most recognizable brand names in the world branch out into new product categories. In 1982, Bailey created NBA after working in the corporate world as director of advertising for Burger King. She started the company’s licensing program, which was a promotional licensing concept of placing logos on items like T-shirts. NBA’s early clients included Burger King, Pizza Hut, Baskin Robbins, and 7 Up, and the work was often simple brand awareness licensing.
Read more: Nancy Bailey & Associates
Only two years after a major restructure, this e-com technology provider continues to improve its platform. To describe the business platform of California-based MashOn is no easy feat, but Philippe Benoliel, president and CEO, has it down to a science. “We are a technology company playing in an almost traditional bricks-and-mortar business. On the one hand, we have a strong technology slant because we’re developing software and e-commerce, but on the other hand, we’re dealing with product and physical goods.”
Although the company has been around for five years, for all intents and purposes, MashOn is also a start up. Two years ago, Benoliel and his 26-person team rebuilt the technology solutions provider from scratch.
Prior to that, the company’s primary products were online games. After seeing the attachment gamers had to their characters, the company developed PC-based Comic Book Creator, which enabled gamers to interact with branded content to create their own comics on their computers.
In 2008, Benoliel and his team took that concept and expanded it, first bringing the entire application to the web and then building a creative platform that would enable different audiences to interact with a variety of branded content and create items relevant to them.
“The online component we brought to the market with MashOn can be embedded on websites and packaged with a variety of contents, whether photos, videos, or sounds, to allow end users to create what is relevant to them,” he said.
The key to MashOn’s strategy is in how it removes the risk for licensors while giving them a better ROI. With the economic shake up of the past few years, licensing and merchandising have taken a hit.
“Licensees typically looked at larger retailers as their primary source of income,” said Benoliel. “But with the current state of retail, fewer licensees are willing to pay large upfront guarantees, and large retailers are taking on fewer brands.”
If you’ve got a proven brand like Spider Man, he said, you’re probably doing fine. But if you’re launching a new brand or re-launching an old brand, fewer licensees are likely to come and write a check for a guarantee and then take a risk on producing merchandise. The result is a reduction of royalties to licensors and of merchandise available for new properties.
“The model we came up with is one where we can partner directly with the brand owner,” said Benoliel. “Our creative platform gives us the ability to create product on behalf of the brand owner while giving the end user the ability to interact with the brand, and create their own merchandise based on that brand, within a controlled environment.”
Essentially, MashOn packages its technology with its clients’ contents, and the application lives on the client’s website. “We don’t have to be a destination; we are branding the client’s application for the client’s use,” Benoliel said.
Although only two years into its new platform, MashOn continues to make improvements. Recently, the company extended its creative platform with digital manufacturing capabilities. It can now take a product that has been created or designed and manufacture it as a “one-of”—essentially, it can manufacture on demand.
With this new capability, MashOn can take on properties and create designs while removing the inventory risk for itself and its clients. “We can test out designs in the market, still produce a high quality product, and bring properties to the market that would not otherwise have merchandise,” Benoliel said.
There are six major lines of product MashOn manufactures on demand. First are paper products, including greeting cards, calendars, posters, and photo books, which can be manufactured with recycled paper if requested. Second are vinyl products like device skins for phones and iPads and wall skins.
Third is apparel, which is MashOn’s biggest line. From T-shirts to sweatshirts, blankets to Snuggies, apparel represents more than 70% of the company’s revenues. Fourth are lenticular products, producing images that appear in 3D or that appear to move when the product is moved.
The fifth product line is custom-printed sports balls. The most popular products in this line are mini baseballs, which are used for gifts and even baby announcements. The final line Benoliel describes as miscellaneous, traditional promotional products like mugs, mouse pads, and baseball bats.
“You’ll find one of three things in our stores: products that were pre-designed but manufactured on demand, user-generated creations, and inventoried product,” said Benoliel. “Our e-commerce environment manages the orders for both on-demand and inventoried products; it’s all a turnkey solution for our clients.”
Keep it creative
Beginning September 1, MashOn will release the newest upgrade to its platform: it’s moving from Flash to HTML 5. Although Flash offers many capabilities, it also has limitations.
Flash applications are fairly demanding on resources, and they don’t work on everything, such as iPads and iPhones. By redeveloping using HTML 5, MashOn’s applications will be “lighter” and will work cross-platform.
Benoliel said the transition is a significant step for the company, even though it was a costly investment. “I’m a big believer in standards, especially open standards, which is why we needed to make the investment,” he said. “We’ll be one of the first, if not the first, full-featured application that delivers this technology on any platform, whether a PC, Mac, iPad, or Droid phone.”
In the past couple of years, MashOn has grown 250%. Although execution is key, the creativity and technological acumen of the company’s 26 employees, most of who are around 25 years old, are what have made its evolution and success possible.
“We’re about people who will be proactive, dynamic, innovative, not scared of challenge, and certainly not scared of change,” said Benoliel. “By merging e-commerce with traditional retail, we are bridging a gap; there will always be a need for a lot of creative input.”
The licensing arm of this sporting goods manufacturer is stepping up its game to hit a broader audience. For Rawlings Sporting Goods Co., Inc., selling baseballs, gloves, and helmets each year leads to licensing deals, which often appear on clothing racks and sunglass kiosks.
Read more: Rawlings Sporting Goods
The years of experience and emphasis on service at this firm make licensing an attractive option for hesitant retailers. As industries go, the licensing industry is comparatively young and only just truly hitting its stride. It’s proven to be a strong sector even during this great recession, but The Sharpe Company of California isn’t satisfied.
Read more: The Sharpe Company
With the largest source of fairy tale licensed art in the world and a lean operation, this company’s classic characters are reaching out to all ages. Trying to create a lasting connection with consumers is a daunting task. Fads fade away, but some properties have value that can’t easily be duplicated. This is why The Toon Studio of Beverly Hills is confident about the future after acquiring the worldwide exclusive rights to a stable of iconic children’s books and records, representing evergreen characters that include Snow White, Cinderella, Peter Pan, Tinker Bell, Alice in Wonderland, Aladdin, the Little Mermaid, and the Wizard of Oz.
Read more: The Toon Studio of Beverly Hills
Page 15 of 19
Click below for New & Notable products: