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- Tasks: Drive fan engagement and revenue growth through managing licensing partnerships in consumer products.
- Company: Join the iconic Formula 1 team, a leader in sports innovation and entertainment.
- Benefits: Exciting work environment, networking opportunities, and a chance to be part of a global brand.
- Why this job: Make an impact in the thrilling world of Formula 1 while developing your career.
- Qualifications: Strong communication skills and a passion for sports and consumer products.
- Other info: Dynamic role with opportunities for growth and collaboration across various departments.
The predicted salary is between 36000 - 60000 £ 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.
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, but not limited to, 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.
Licensing Executive, Consumer Products employer: Gateway Licensing
Contact Detail:
Gateway Licensing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Licensing Executive, Consumer Products
✨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 about reaching out to current employees at Formula 1. A friendly chat can open doors you didn’t even know existed!
✨Tip Number 2
Show your passion for Formula 1! When you get the chance to speak with someone from the team, let your enthusiasm shine through. Share your favourite moments from races or how you engage with the sport. It’s all about making that personal connection!
✨Tip Number 3
Prepare for interviews by diving deep into the licensing world. Understand the latest trends in consumer products and think about how they relate to F1. Bring fresh ideas to the table that could help drive fan engagement and revenue growth!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team. Keep an eye on our careers page for the latest opportunities and get your application in!
We think you need these skills to ace Licensing Executive, Consumer Products
Some tips for your application 🫡
Show Your Passion for Formula 1: When you're writing your application, let your love for Formula 1 shine through! We want to see how you connect with the sport and its values. Share any experiences or insights that highlight your enthusiasm for F1 and how it drives you.
Tailor Your Application: Make sure to customise your CV and cover letter for the Licensing Executive role. Highlight relevant experience in licensing, consumer products, or account management. We’re looking for specific examples that demonstrate your skills and how they align with our goals.
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon unless it's relevant to the role. We appreciate a well-structured application that makes it easy for us to see your qualifications and fit for the position.
Apply Through Our Website: Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Gateway Licensing
✨Know Your F1 Facts
Brush up on your Formula 1 knowledge! Familiarise yourself with the latest developments in the sport, key teams, and major licensing deals. This will show your passion for the brand and help you engage in meaningful conversations during the interview.
✨Showcase Your Relationship-Building Skills
As a Licensing Executive, building strong relationships is crucial. Prepare examples of how you've successfully managed partnerships or collaborated with stakeholders in previous roles. Highlight your communication skills and ability to work cross-functionally.
✨Demonstrate Your Analytical Side
Be ready to discuss how you approach data analysis and performance tracking. Bring examples of how you've used KPIs to drive growth or improve processes in past positions. This will demonstrate your strategic thinking and alignment with the role's objectives.
✨Prepare Questions That Matter
Think of insightful questions to ask your interviewers about the licensing programme and fan engagement strategies. This shows your genuine interest in the role and helps you understand how you can contribute to their goals.