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For Companies At a Glance
- Tasks: Drive fan engagement and revenue growth through managing licensing partnerships in consumer products.
- Company: Join the dynamic team at Formula 1, where innovation meets passion.
- Benefits: Enjoy private healthcare, dental care, generous leave, and exclusive F1 perks.
- Other info: Access training opportunities and enjoy a vibrant work culture.
- Why this job: Be part of a thrilling industry, making a real impact on fan experiences.
- Qualifications: Experience in brand licensing and strong relationship management skills are key.
The predicted salary is between 30000 - 40000 £ per year.
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.
Responsibilities
- 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
Prior to the role it would be essential that you have experience in the brand licensing industry, ideally working on consumer products.
Qualifications
Not essential to be successful in the role but you may also have a Bachelor’s degree or equivalent.
Knowledge & Skills
Prior to the role it is essential that you demonstrate:
- 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
Licensing Executive, Consumer Products in London employer: Formula One
Contact Detail:
Formula One 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 licensing and consumer products space. Attend industry events, join relevant online groups, and don’t be shy about reaching out to potential contacts on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your passion for F1! When you get the chance to chat with hiring managers or during interviews, make sure to express your enthusiasm for the sport and how it drives your interest in the licensing role. It’s all about making that personal connection!
✨Tip Number 3
Prepare for those interviews by doing your homework! Research the latest trends in the licensing industry, especially within sports and entertainment. Being able to discuss current developments will show you’re not just a fan, but also knowledgeable and ready to contribute.
✨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 genuinely interested in being part of the F1 team. So, get your application in and let’s make some magic happen!
We think you need these skills to ace Licensing Executive, Consumer Products in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Licensing Executive role. Highlight your experience in brand licensing and consumer products, and show us how your skills align with our objectives at Formula 1.
Show Off Your People Skills: We love candidates who can build strong relationships! In your application, share examples of how you've successfully managed partnerships or engaged with stakeholders in previous roles. This will help us see your natural people skills in action.
Be Detail-Oriented: Attention to detail is key in this role. When you submit your application, double-check for any typos or errors. A polished application shows us that you care about quality and professionalism.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Formula One
✨Know Your Licensing Stuff
Make sure you brush up on the licensing ecosystem, especially in sports and entertainment. Understand how commercial partnerships work and be ready to discuss specific examples of successful collaborations you've been involved in.
✨Show Off Your Relationship Skills
This role is all about managing relationships, so come prepared with examples of how you've built and maintained strong partnerships in the past. Highlight your natural people skills and empathy, as these will be key in engaging with both internal teams and external stakeholders.
✨Be Detail-Oriented
Attention to detail is crucial in this role. Bring along any relevant reports or presentations you've created that showcase your ability to manage product approvals and track performance metrics. This will demonstrate your capability to handle the administrative side of things effectively.
✨Stay Current with Industry Trends
Familiarise yourself with the latest trends in consumer products and licensing. Be ready to discuss recent developments in the industry and how they could impact the role. Showing that you're proactive about staying informed will impress your interviewers.