I'm not sure how much information you received on the licensing issue,
but my husband and I have an item that we are seeking licensing for..
We have gone both through a previously approved licensee and on our
own. There is considerable expense for the upfront royalty, and
guaranteed yearly amounts. The researcher had it pegged.. it's much
easier to go through a current licensee, and perhaps "sell" your
design to them to put on a shirt. Our product, MugHolders Steering
wheel coasters are currently approved by Rusty Wallace, Joe Nemechek,
Boris Said and Scott Riggs.. and we are working on Nascar licensing
also. (www.polesitternoveltiesco.com)
The application process will involve, whether or not you currently
you hold licensing, your distribution ability, advertising, marketing,
years in business, references.. (kinda like applying for a loan!)
Good luck to you! |