Choosing the right licensing model for your products and services is an important decision that can impact the success of your business. Here are four steps you can follow to choose an effective licensing model.

1. Steps for Effective
License Management
W H A T T O D O T O I M P R O V E Y O U R
L I C E N S E M A N A G E M E N T
Learn more at: N E T L I C E N S I N G . I O
Define your goals
Understand your
options
Evaluate your
target market
Review and test your
strategy
Consider what you want to
achieve with your licensing
strategy, such as generating
revenue, protecting your
intellectual property, or
promoting widespread
adoption of your product or
service.
Research and understand the
pros and cons of each
licensing model's to determine
which one is the best fit for
your business.
Consider the needs and
preferences of your target
market when choosing a
licensing model.
Review and test the chosen
licensing model to ensure, that
it meets your business needs
and goals.
STEP 01
STEP 02
STEP 03
STEP 04