To-The-Trade S2E20 The Business of Design: Beth Greene on Product Licensing

Beth Greene

Show Summary:

In this insightful discussion hosted by Laurie Laizure and Nile Johnson from Interior Design Community To the Trade, Laurie and Nile interview Beth Greene, a veteran in product licensing within the interior design industry. Beth shares her extensive experience, having spent over 30 years at Cravit, leading their marketing efforts and managing her consulting business. The conversation explores various aspects of product licensing, including the importance of a well-thought-out plan, understanding both the designer’s and company’s perspectives, and the effort required to succeed in licensing deals. Beth emphasizes the value of presenting unique ideas to companies and grasping the elements of a successful licensed collection. Additionally, the concept of collaborations versus entire collections and strategies for designers to market themselves effectively are examined. Laurie and Beth also discuss the evolving industry landscape and the need for designers to leverage their accomplishments to create further opportunities. The session highlights the critical role of expert guidance in navigating the complexities of licensing and marketing within the interior design sector.

Time Stamp-

00:00 Introduction and Guest Introduction
00:24 Beth Greene’s Background and Career Journey
02:42 Insights into Product Licensing
07:21 Challenges and Realities of Licensing
10:04 Marketing and Business Strategies
19:35 Designer Success Stories and Personal Goals
33:43 Licensing vs. Collaboration
36:28 Understanding Licensing Collections
40:09 The Importance of Thinking Big
41:58 Revolutionary Product Ideas and Designer Dilemmas
47:49 The Power of Designer Series and Licensing
01:03:46 Marketing and Promoting Designer Brands
01:06:37 Final Thoughts and Takeaways

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