156k views
2 votes
When we see Hello Kitty on children's clothing, Disney characters on lunchboxes, and Sponge Bob Squarepants on breakfast cereals, which form of brand sponsorship is being used?

1 Answer

5 votes

Answer:

This question is incomplete. Here are the missing options:

  • A. New brand
  • B. Multibranding
  • C. Line extension
  • D. Licensing
  • E. Brand extension

The answer is D. Licensing.

Step-by-step explanation:

Licensing occurs when a company is granted the permission to use another company's image or products. This is done in exchange for a small portion of the product revenue.

The greatest advantage of licensing, as a producer, is that using an already popular brand to advertise your own product may attract a larger public.

User KeeperOfKale
by
4.1k points