The Power of Licensing: Harnessing Brand Equity

Although licensing itself is an old tactic, organizations are implementing licensing brand extension strategies today in a much more comprehensive and brand-oriented manner. Major organizations such as Procter & Gamble, General Motors, Black & Decker, The Coca-Cola Company and TGI Fridays have each embraced licensing and developed licensing-driven marketing programs that have not only generated additional revenue (a secondary objective that used to be primary) but capitalized on brand eq