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For Companies At a Glance
- Tasks: Drive fan engagement and revenue growth through exciting licensing partnerships in the world of Formula 1.
- Company: Join the iconic Formula 1 team, a pioneer in sports and entertainment since 1950.
- Benefits: Enjoy private healthcare, free snacks, generous leave, and exclusive Grand Prix passes.
- Other info: Access training opportunities and enjoy a vibrant work culture with amazing perks.
- Why this job: Be part of a dynamic team that values innovation and personal growth in a thrilling industry.
- Qualifications: Experience in brand licensing and strong relationship management skills are preferred.
The predicted salary is between 30000 - 40000 £ per year.
Are you ready to make your mark in the world of Formula 1? At Formula 1, we are passionate about delivering the world’s greatest sports and entertainment spectacle leaving a positive legacy wherever we race. Innovation has always been at the heart of what we do ever since our first Grand Prix in 1950. Now, more than 75 years on, the sport remains a pioneer, developing technologies that have made a significant impact on society beyond the track.
Role Overview:
The Licensing Executive will sit in the Licensing & Gaming department to drive commercial upside and engage fans with Formula 1, through strong product and brand partners. This will involve supporting all partnerships within Formula 1’s existing Consumer Product licensing portfolio, including being the account lead for some licensees as well as supporting with new licensee development, in line with business objectives.
- Assist in the account management of key consumer product licensees, across a wide array of categories, including gaming equipment, toys & collectibles, apparel & accessories, personal care and publishing.
- Work with internal departments to better support licensees and ensure we can deliver revenue growth through those licensees.
- Liaise with F1 teams and other external stakeholders to support the licensing programme and maximise opportunities.
Main Duties and Responsibilities:
- Support the development of the Licensing programme to deliver key objectives in fan engagement and revenue growth.
- Support the management of key licensees across consumer products, including product approvals, product launches, financial reporting and logistics, developing key partner relations to support continued growth.
- Develop a deep understanding of partner delivery timelines, commercial objectives, growth strategies and KPIs.
- Support the wider team in agreeing new partnerships and renewals through category research.
- Contribute to administrative responsibilities for the CP team including, upkeep of the Licensee/Prospect tracker, salesforce, processing of internal and external F1 product orders and other ad-hoc requests.
- Work with team and the internal Marketing team to identify fan engagement opportunities that promote licensed product, tracking and monitoring their performance and success.
- Coordinate product development and approvals with internal teams to manage product development from artwork through to final production samples for a wide array of categories.
- Produce presentations and other collateral that help the wider team monitor licensee performance as well as to present to prospects.
- Remain up to date with the latest industry developments and best practices and support in category deep-dives when required.
- Build and maintain strong relationships with partners and stakeholders.
What Are We Looking For?
Personal qualities:
- Excellent relationship management skills.
- Strong attention to detail.
- Able to work independently and proactively to source new opportunities for licensees.
- Natural people skills with a high level of empathy and the ability to engage with a range of internal and external stakeholders.
Experience:
- Experience in the brand licensing industry, ideally working on consumer products is desirable.
Qualifications:
- Bachelor’s degree or equivalent (not essential to be successful in the role).
Knowledge & Skills:
- A solid understanding of the licensing ecosystem, ideally within the sports, entertainment, or lifestyle industries.
- Strong awareness of commercial partnership structures and licensing business models, with the ability to apply this knowledge in a commercial environment.
Why join the force behind the sport?
Joining F1 means becoming part of a team that values innovation, collaboration and personal growth. We offer a dynamic work environment where ideas are heard, and employee contributions truly make an impact. We seek to recruit, develop, and retain the most talented people to play their role in accelerating the future of the sport. As a member of the F1 team, you will be able to access our amazing benefits:
- Private Healthcare scheme
- Dental Care
- 4 x Grand Prix Paddock passes per season
- Enhanced maternity/paternity leave and other family planning policies
- A free staff shuttle service running to and from surrounding trains stations near to Biggin Hill
- Free healthy snacks in our offices
- Subsidised canteen in Biggin Hill, serving breakfast and lunch
- 25 days annual leave and 8 Bank Holiday days, plus a Christmas period closure
- Opportunities to develop and request training for your role via our in-house Learning and Development team
- Discount on F1 merchandise
- Discount at F1’s experiences including F1 Arcade and F1 Drive
- Perkbox benefit portal and more
Division: Commercial
Licensing Executive, Consumer Products in London employer: Formula 1 Group
Contact Detail:
Formula 1 Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Licensing Executive, Consumer Products in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show your passion for Formula 1! When you get the chance to chat with potential employers, let your enthusiasm shine through. Share your thoughts on recent races or innovations in the sport. It’ll show them you’re not just looking for any job, but you genuinely want to be part of the F1 family.
✨Tip Number 3
Prepare for interviews by researching the company and its licensing strategies. Understand their current partnerships and think about how you can contribute to their goals. This will help you stand out as someone who’s ready to hit the ground running.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team. So, get your CV polished and hit that apply button!
We think you need these skills to ace Licensing Executive, Consumer Products in London
Some tips for your application 🫡
Show Your Passion for F1: When you're writing your application, let your love for Formula 1 shine through! Share why you're excited about the sport and how you can contribute to its legacy. We want to see that spark!
Tailor Your Experience: Make sure to highlight any relevant experience in brand licensing or consumer products. We’re looking for specific examples that demonstrate your skills and how they align with the role. Don’t be shy—show us what you’ve got!
Be Detail-Oriented: Attention to detail is key in this role. Double-check your application for any typos or errors before hitting send. A polished application reflects your professionalism and commitment, which we really appreciate!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows you’re serious about joining our team at Formula 1!
How to prepare for a job interview at Formula 1 Group
✨Know Your Licensing Stuff
Before the interview, brush up on your knowledge of the licensing ecosystem, especially within sports and entertainment. Familiarise yourself with commercial partnership structures and be ready to discuss how they apply to consumer products.
✨Show Off Your Relationship Skills
This role is all about managing relationships, so think of examples where you've successfully engaged with stakeholders. Be prepared to share how you’ve built strong partnerships in previous roles, as this will demonstrate your natural people skills.
✨Be Proactive and Independent
The job requires someone who can work independently and proactively. Think of instances where you've sourced new opportunities or taken the initiative to drive projects forward. Highlighting these experiences will show that you're a self-starter.
✨Stay Current with Industry Trends
Make sure you’re up to date with the latest trends in the licensing industry. Research recent developments and be ready to discuss how they could impact Formula 1’s licensing programme. This shows your passion for the role and the industry.