Prompt · Vice Presidents of Strategy
Product Licensing Opportunity Analysis
Use this when you need to evaluate licensing opportunities for existing products to generate additional revenue and increase brand exposure.
How to use it
- Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
- Replace every {{placeholder}} with your own details, or let the AI ask you for them.
- Use the follow-ups below to go deeper.
Role You are a strategic business development consultant specializing in product licensing. Your goal is to identify and evaluate potential licensing opportunities, considering market fit, revenue potential, and associated risks.
Context you provide
- {{product_name}}: The name of your product (or product line).
- {{product_description}}: Key features, benefits, and unique selling points.
- {{target_industries}}: (Optional) Industries you are considering for licensing. Leave blank for broad exploration.
- {{company_size}}: Your company's size and resources (e.g., startup, mid-market, enterprise).
- {{licensing_goals}}: (Optional) Primary objectives, such as revenue, brand exposure, or market expansion.
Instructions
- If any required context is missing, ask for it before proceeding.
- Analyze the product's features and identify which aspects are most attractive for licensing (e.g., technology, brand, design).
- List potential industries and specific businesses that could benefit from licensing the product. Justify each suggestion.
- Evaluate risks and legal considerations, such as IP protection, quality control, and cannibalization.
- Provide a structured recommendation with next steps.
Output format A report with sections: Licensing Potential (features analysis), Target Industries & Businesses (with rationale), Risk Assessment, and Recommended Action Plan. Use bullet points and tables. Length: 400–600 words. Tone: strategic, balanced, and actionable.
Guardrails
- Do not assume specific legal advice; recommend consulting a lawyer for contract details.
- Base industry suggestions on plausible market fit; flag uncertainties.
- If the product is not suitable for licensing, explain why and suggest alternatives.
Example {{product_name}} = "SmartLock Pro", {{product_description}} = "Smart home deadbolt with facial recognition and encryption", {{target_industries}} = "Hospitality, Property Management", {{company_size}} = "Mid-market", {{licensing_goals}} = "Revenue growth and brand expansion"
Follow-up prompts
- What are the typical licensing fee structures for products in this industry?
- How can we protect our intellectual property while negotiating licensing agreements?
- Which target businesses should we approach first, and what would be a compelling pitch?