Frequently Asked Questions
Q: What is Prep Licensing?
A: Prep Licensing is a company providing licensing programs
for high schools and organizations. Schools receive revenue from the retail sale of merchandise that features
your school name, marks, logos or mascot.
Q: Why participate in the Prep Licensing program?
A: According to major retailers the fastest-growing segment
in licensed product is the high school market. Prep Licensing gives schools the ability to benefit from these sales.
Q: What services does Prep Licensing provide to high schools?
A: Please refer to our Services page for more information.
Q: How much does it cost a high school to participate in the program?
A: It’s FREE.
Q: What is the time requirement for the high school?
A: None. All you need to do is signup. Prep Licensing will handle
all implementation and execution of the program.
Q: Who pays the merchandising revenue?
A: The manufacturer of the product pays a merchandising revenue that is a
percentage of the wholesale price.
Q: What is the merchandising revenue rate?
A: The merchandising revenue rate is 10 percent.
Q: What portion of the sale does the school receive?
A: The high school receives 50 percent of the merchandising revenue payment.
Q: How often will I receive a merchandising revenue check?
A: Quarterly.
Q: How do we track merchandising revenue payments?
A: Prep Licensing provides a real time web-based reporting service
and will track, monitor, and report merchandising revenue of each licensee on behalf of the high school.
Q: How do you determine a product is licensed and generating revenue for the high school?
A: A hangtag is placed on each product indicating that it is an
"Officially Licensed High School Product".
Q: How will this program affect my booster club?
A: You can choose to exempt certain groups from the licensing program for
fundraising efforts. However, the licensed product will generate additional proceeds from the merchandising revenue paid by the manufacturer.
Q: Can we stop a retailer from selling unlicensed products with our school name?
A: Yes, and you can start by participating in the program. Our goal
is to place “licensed” product at retail outlets to generate merchandising revenue for high schools. We will work with
retailers to “enforce” the sale of "licensed" product from participating schools.
Q: How do we know that our products will be made with fair labor practices?
A: All vendors and manufacturers are required to follow and enforce
the standards of the Fair Labor Association.
Q: How do we ensure that our products are safe to consumers?
A: Prep Licensing is dedicated to offering safe products.
All manufacturers are required to provide product liability insurance.
Q: We are interested in the Prep Licensing program. Who should we contact?
A: Please contact our licensing coordinators at
855-500-1671 (Toll Free) or info@preplicensing.com.
Q: When was Prep Licensing founded?
A: Prep Licensing was founded in 2010 in Seattle, WA.
Q: Where is Prep Licensing located?
A: Prep Licensing is located at 2211 Elliott Avenue, Suite 601, Seattle, WA 98121
Q: What are Prep Licensing’s hours of operation?
A: Prep Licensing’s offices are open from 8:00 a.m. to 4:00 p.m., Pacific Time.
Q: How can I contact Prep Licensing?
A: Please contact us at the following:
855-500-1671 (Toll Free)
206-876-2810 (fax)
info@preplicensing.com
2211 Elliott Avenue, Suite 601, Seattle, WA 98121