Rule #8

17 10 2011

Develop a significant licensing portfolio. 

You need a significant portfolio geared toward surface design for a variety of product categories. It is really important to have the portfolio organized before you launch into the Art Licensing arena, since you can never make another first impression.

In Art Licensing, your portfolio is going to be presented in a collection format. When we talk about a certain number of collections, keep in mind that each collection is going to have multiple pieces of art—central images, borders, patterns, and borders (or possibly some combination of them). These are the elements you and the manufacturer will choose from to pull together your product designs.

Imagine yourself walking into a mid-tier retailer during Easter season. In addition to the candy and baskets, they will have melamine and ceramic serve-ware for everyentertaining need.  Essentially the merchandiser will display small bowls, big bowls, baskets, bunny-shaped plates, large platters, pitchers and perhaps egg and bunny shaped décor items and candle holders. This is their seasonal display, or product line.

If you want to see your art on these products in the future, you are not going to create one piece of art to slap on all of those different shapes and sizes of products. You need to think about developing a cohesive collection of art—the images, borders, and patterns—that will all work together to create this product line. You need to think and prepare even more, because you need to show the manufacturer how all those artistic components work together and apply to their line of products.

It takes quite a bit of work up front to develop these types of complete collections, let alone 10-30 of them. But, frankly, the more collections you can create, and the more significant your portfolio is, the more licensing business you’ll do. There’s no doubt in my mind that the more you have to offer and the more people you contact, the more deals you’re going to get. That’s just a truism of sales.





Rule #6

6 10 2011

Educate yourself about retail channels.  

It is important to have a clear understanding of the types of licensed products you want your art to appear on, as well as which type of retail channels, and retailers, carry those types of products.

Art licensing doesn’t mean you need to be in Wal-Mart. And while the landscape is always changing, today there are more products featuring licensed art sold in specialty retail channels (Spencer’s Gifts, Hot Topic, etc.), independent retailers (privately owned gift or card stores), and upscale department and chain stores (Bloomingdales, Nordstrom’s, etc.). And less than half of licensed art on products are sold through mass-market channels.

You need to think about where you want your product to ‘live at retail,’ and then plot your strategy for getting there. You, as the licensor (artist), need to make a decision as to where your art fits on products—what type of products, retail price points and retail channels are best for your style of art, and the brand you want to build. And when you make that decision, then you have to stick with it and be determined to make it happen.

There are a lot of manufacturers out there who will get you in department stores, but they also have distribution in drug stores, deep discounters and even ‘dollar’ stores. It’s up to you to ask about a manufacturers’ channel(s) of distribution and to come to an agreement as to where your product will be distributed.

No discussion of retail channels would be complete without the dual acknowledgement that retailers today are being held hostage by the economy, corporate mergers and price-driven consumers, while at the same time acting as the gatekeepers who hold the key to distribution (or not!) for manufacturers. This means retailers are both unusually stressed and powerful at the same time.

Regarding your art licensing business, keep in mind those retailers—whether brick and mortar, catalogs, or online e-tailers—allow or prevent the flow of products to consumers. So, they can help you reach consumers, or they can prevent your licensed products from reaching the consumers’ hands.

Today there are more and more online retailers who can take your art from production all the way to the consumer. But online sales of art licensing products are still miniscule compared to the level sold at brick and mortar retailers.

So, retailers still have the ultimate power. But years from now we may be stating something entirely different here. Understanding who the gatekeeper is—who has the power in an industry—will absolutely affect your marketing plan and how you create and manage your business.








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