Friday, July 21, 2006

Hallelullejah

Finally, after at least 3 years of continual patience and persistence it looks like one of our products has achieved nirvana and will make its debut on the shelves of the blue and white retailer!!.

Yes, Tesco here we come. Not sure how it happened, a route of astonishingly gradual increments in competency....maybe the cadillac is back in the drive

Thursday, July 13, 2006

useful pithy phrases

Phrases to remember:

- better a short pencil than a long memory
- don't eat a burger in a bait shop
- trust, but verify
- budget for failure, legistlate for success

Saturday, June 24, 2006

New York New York

Just back from New York licensing show. A great time was had by all. My 4th time of going and it gets better each year. As a way of assessing progress there's not much that can beat an annual immersion in the world of licensing. Couldn't help feeling more confident than previous years, what with actual clients and all. Great interest in Blue Note with much learning to be done by visiting stands of agencies representing Hendrix, Concorde, and other Retro images.

What impressed me more than anything was the friendliness of New York. A city where everyone is a New Yorker first. If the 9/11 bombers thought they were attacking everything that was wrong with capitalism they couldn't have been more mistaken. New York is everything that's right, the harmonious blending of cultures into a common bond. Perhaps it took 9/11 to realise this blend but hopefully the same thing will emerge in London (but I doubt it given the deeply engrained class system).

Tuesday, May 30, 2006

thoughts after PLMA

In the beginning the world was divided into people who made things and people who bought them, and the people who made the things that other people bought put their names on them so that the people who bought the things that the other people made could see who made them. In this new era of brand stretch, the people who buy things get the people who make things to put the names of the people who buy things on the things that get made so that the people who buy things can benefit from any loyalty from customers and any profit from intellectual property that might accrue if the things that are made are any good.

At the Private Label Manufacturing Associations shingdig, called horrifically 'the world of private label' manufacturers sit on pale anonymous booths surrounded by products with a display stand announcing 'your brand here', like some fairground attraction. In this dystopian view of the future, all products are the same - only the labels change....

Thursday, May 11, 2006

jazzzzzzzzzzz ....... nice!

Have now developed a serious jazz addiction fuelled by my friends at Blue Note. An honour and a privilege to working on this iconic jazz brand. Launched in 1939 by two german immigrees in New York it was one of the few labels that recognised Jazz's label as America's classical music. As a brand there was a clear ethos of delivering quality regardless of commercialism, and the investment was always in the product. As with so many success stories luck played a part, but destiny works for those who have passion and so it was with Alfred Lion and Francis Wolf, who's collaboration with designer Reid Miles is remarkable for its vivid visual style.

Think of another jazz label that is also a brand? Universal? HMV? Columbia. What have any of these labels ever done to endear themselves to the artist? Blue Note, or in France, la note bleu - cherished drug-addled geniuses long before they were treated as anything other than the dregs of society and, as long as it is cared for, will always be "the musician's label"

Wednesday, May 03, 2006

May update

Sorry I haven't updated in a while .... I guess it's a good sign - things have been slightly busy. The business is now getting off the ground and, if you've been paying close attention, we're recruiting. So far the candidates have been excellent and the competition is going to be fierce!

Friday, March 17, 2006

when in doubt, sue!

P&G steps up copycats fight
By Jeremy Grant in Washington
Published: March 15 2006 02:00 | Last updated: March 15 2006 02:00

Procter & Gamble yesterday stepped up its fight against private label copycats, issuing its third lawsuit in as many months. The US consumer products group said it had filed a trademark infringement suit against First Quality Hygienic, alleging the private label manufacturer infringed on the registered trademarks and packaging "trade dress" of P&G's Tampax Pearl tampons.

Lynn Dornblaser, director of the custom solutions group at Mintel International, said: "We're seeing more private label options being offered to consumers and more products that seem to be - on the face of it - exactly the same as the major manufacturers'."

P&G last month sued Vi-Jon Industries, alleging that the group's mouthwash packaging and advertising claims infringed on P&G's Crest Pro-Health oral rinse. P&G also settled a suit filed in December against McLane, owned by Berkshire Hathaway. The suit related to P&G's Charmin and NyQuil paper products.

P&G claimed First Quality, whose tampons are sold in Canada under the name Life Brand, was manufacturing products that copied Tampax Pearl packaging, "including the distinctive string of pearls design".


At least someone is brave enought to have a go. Why isn't weightwatcher suing Tesco for running their points on all products without authorisation - distributor power is out of control, somebody has to fight for the cause!

Tuesday, March 14, 2006

and away we go...

Head spinningly fast, the company takes off like a portuguese stallion leaving me in mid-air and holding on to the reins for dear life.

Suddenly, the last three year's work actually looks set to become a reality and I'm faced with actually having to DO some of the things that i've been pontificating about for so long.....

Thursday, March 09, 2006

A mushy morning

Spent this morning tasting mushy peas and now feel slightly pea-ky! However, will definitely celebrate signing of new brand who Golden Goose now proudly represent globally.

'Traction' is the term i use to describe successful business relationships and you can only have traction when people keep their word and trust each other. It's hard to find partners in business who recognise these qualities and stick by them but once you do, there's no limit to what can be achieved.

Wednesday, March 01, 2006

Museum of Brand Licensing

Visited the Museum of Brands last weekend. A delightful little museum tucked away in a mews off Notting Hill. The wonder of seeing ex-brands that have faded away as market forces apply is a branding ecologists nightmare. All those once loved names etched into the collective consciousness now just a fragment of packaging. Extinction is the only result for company's ignoring change. Brands that once owned massive shares of the ink or boot-blacking market are now just part of the fabric of history.


http://www.museumofbrands.com

Tuesday, February 21, 2006

here we go ahead

Here we are again. Playing the waiting game. Licensing is to speed what treacle is to pouring. In the time it takes for a contract to be prepared and signed one could easily learn to be a concert pianist, or build a small outhouse. Typically for a relatively small business, we risk being stuck somewhere between fast and famine.

Wednesday, February 08, 2006

Spring Fair

I don't recommend going to Spring Fair with a bad cold because it's not exactly the best place to recuperate. Spent the next day in bed processing the highs and lows of the day.

High was seeing some of the products on display that were previously only a fantasy in my little head.

Low was the 5.5 journey back. Not to mention the 1.5 hours doing 7 miles in the car park.

What I learnt: some licensors are working overtime to deliver value for royalty. One I spoke to conducts direct meetings with retailers designing products to their specification and then passing these approved designs to their licensees. These then appear as new product.

The same licensor also prepares a range pack incorporating all the licensees in small quantities, and manages the sell-in rather than counting on licensees with 50 brands who are desperate to sell in bulk.

I also learnt never to drive back from Birmingham but that's another story.

Thursday, December 22, 2005

At Tesco's

Just got back from shopping at Tesco's for the first time in ages. Can't believe the power of private label. It's almost 10 minutes before you can see any other brand apart from the retail superpower. In fact, tesco's home produce sections are almost the only unbranded sections left on the planet. Amazing how things change. No wonder retailers are so keen to start with fresh produce!

How did we let ourselves be sucked into this vortex of reduced choice? Instead of more brands on the shelves there are less and less. How can we have real choice if own brand is super-dominant? It seems to me as if brands stand for less and less in this day and age. Whereas there used to be things like a carefully managed brand vision, with some sort of raison d'etre, we're now in an age where a brand only exists to generate cash and fleece the public. if it does succeed in standing for something then someone (usually a fund) comes in and buys the owners out for £30M... I had a meeting today with one family run company who have resisted something like 161 takeover offers they don't sell because they're located in a remote corner of the UK and if they did sell, their 8,500 employees would be fired, destroying the local economy they sustain.

Branding used to have a noble purpose as well as generating income. Clearly, these days it's only a rare minority that can resist the temptation to stand for nothing beyond making a healthy profit or being bought out by a private equity firm.

Thursday, December 15, 2005

Exclusively brands, exclusively postponed

Can't believe that dark forces within the industry have forced Andrew Levy's Exclusively Brands to postpone. It's a shame when more established players conspire to keep innovation and energy from impinging on their market share with sheer muscle. This is exactly the sort of behaviour the supermarkets are criticised for.....

Tuesday, November 15, 2005

another idea

This business and this industry is about to break through to another level. Part of the reason, as we said at our talk in October, is the growth of private label which makes supermarkets into godzilla sized mega-licensors. As a supermarket you can 'license' out your brand onto anything. Tesco finest is on around 800 product all of which are guaranteed distribution and, with very little need for marketing, deliver quality that is comparable to the best branded competitor. Not only that but the market information Tesco gets from all its branded and unbranded suppliers is enough to tell it how and where to innovate. Talk about licensor heaven!

The only way for existing brands to compete is:
1) ask the customer where and how your brand should be extended
2) specify in as much detail the potential new product
3) seek out like minded licensees prepared to take on private label
4) develop and market the new product's point of difference
5) develop existing and create new licensed products that maintain the differentiator

in other words manage the licensing programme as if it was your NPD programme and market the brand in the same way.

what's your wait?

Not that I'm not busy but waiting for a response When you make someone wait for an answer, it is like leaving them in the dark on a suspension bridge, wearing wet sandals, blindfold.

Friday, November 11, 2005

quotes, quotes, nothing but quotes

It seems to be the time of year when every man and his dog is thinking about licensing. If it isn't one company it's another looking for a quote to develop a licensing strategy. The quote is urgently required and then, like a huge lead weight, seems to sit on the bottom of the pile while other things (brand related) take precedent. In the last 8 days we've quoted out the same amount in turnover that we did in the last 12 months! The silence between quote and order is the most pregnant of pauses.....

Tuesday, November 01, 2005

brand licensing show goss

brand licensing show was notable for 2 things. Beanstalk taken over by Omnicom and TLC picking up Reckitt Benckiser. Other than that the show held few attractions for anyone looking to work on the branded side of the business. Bring on Exclusively Brands at the Landmark.

Met some Danish Fund Managers looking to break into licensing (get your lycra on boys, the canon's ready)
Met my cleaning co, looking for cleaning brands and heard that the french sock team were in town.

Simone presented the results of our research into the growth of private label. You can see the summary of her talk here but basically:

81% of the UK accept private label instead of brands
UK is the biggest market for private label
If you're going to license your brand do it now. If you don't private label will invade your space
If your going into a new category, innovate or don't bother

Monday, October 10, 2005

some key concepts

Some of the most basic concepts to remember when doing a licensing deal:

1) FIT & LEVERAGE

Make sure that not only does the new product fit within the compass of the core brand but it also leverages the brand in the new category

2) LICENSEES DON'T OFTEN UNDERSTAND MARKETING

That's why they're licensees... duh!

3) YOU CAN'T WIN'EM ALL

Whilst it would be great if all of your fantastically developed concepts flew off the shelves. Everyone gets it wrong. Any licensing deal is a triumph of persistence and deserves credit for taking the brand into a new category

4) MARKET RESEARCH

Nobody I've come across seems to value the role market research in new product development. I'm not saying that it's a way of making decisions but it would be nice if someone acknowledged the role of the final consumer from time to time.

5) COLLECTING ROYALTY SHOULD BE EASY

The last thing you want to be doing is chasing royalty. Get it in advance and credit it back!

products in search of a brand....

There's nothing worse than finding a great potential product category with no brand to match it. It's like playing that card game pairs when you turn over a card and are supposed to remember where you put the matching one. There's nothing worse than finding one half of the partnership ready to go, only for the other side to wander off into the distance. Currently I have :

one half of a sock deal looking for a sports brand
one half of a child security deal looking for a lock brand
one half of a cleaning deal looking for a cleaning products brand
one half of a battery deal looking for a battery brand
one half of a sweet deal, looking for an entertainment property

If you know any brands looking for an extra £100,000 please get in touch...