Chapter 7: Branding & Licensing Sports and Entertainment Marketing Branding – Section 7.1 Brand – Brand Name – Trademark – Brand Equity – Three Steps of Developing Brand Equity 1 2 3 Three Basic Types of Brands 1 Manufacturer Brands – - Co-branding - Name ____________________________________ 2 3 Intermediary Brands – Generic Brands – For a brand to be successful, it should: • • • • • Licensing – Section 7.2 Licensing – Licensor – Licensee – Benefits of Licensing Sports Organizations Companies What are two forms of licensing? What is the importance of Sponsorships? Types of Sponsorships: • • • • Endorsement considerations: • • • • How are branding and licensing related?