Definitely one of the most succesful licensing programmes around is Product of the Year. This global organisation is instantly recognisable for its ability to generate cash out of brandowners' desires to win awards. At a ceremony that resembles the Oscars (think Air Freshener instead of Brad Pitt), P&G, Unilever, SC Johnson, Nestle and L'Oreal divide up the rights to use the red quadrangle on their products for another 12 months - paying a hefty £75k for the privilege.
This is textbook marketing judo as these branding collosi are thrown by a flyweight with leverage.
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