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licensing agreement - anyone!
Does anyone know if there is a standard or usual percentage changed for licensing fees which are based on gross sales?
Also would like to understand how the rate is usuallly determined..ie previous success of product etc.
Tks
Linda B
Also would like to understand how the rate is usuallly determined..ie previous success of product etc.
Tks
Linda B
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Comments
The industry I am targeting is children`s swimwear.
Thanks again.
Linda B
Most licensing agreements are not bound to products per se. Rather, a manufacturer is buying the rights to use your name on a product they already manufacture or one similar to it. At best, licensees stipulate quality levels and colors.