Baby Bearcats Are Out of the Bag As UC Merchandise Sets Another Record
Smiles are lighting up all over campus as Baby Bearcats bounce into bookstores and retail markets this fall. The bright-eyed, pudgy-cheeked binturongs are part of the new UC-branded merchandise line, which includes the new Baby Bearcat T-shirts, UC-themed childrens books and a new line of UC Under Armour apparel now hitting the shelves.
In addition, UCs Office of Trademarks & Licensing reports another season of record profits for the third straight year, generating
$905,499
in gross income for fiscal year 2014-15, representing a
5 percent increase
($41,638) over the last fiscal year royalties of $863,861.
In a licensing industry that has suffered an overall 2 percent decrease in income during fiscal year 2015, UC has outpaced the industry by 7 percent, says Marty Ludwig, director of trademarks and licensing for UC. Because of our continued success UC has finished the year ranked as No. 46 in Collegiate Licensing Companys (CLC) consortium of clients, which includes over 160 colleges, universities, conferences and bowls. UC is also well positioned when compared to other peer institutions like Central Florida (54), Connecticut (44), Georgia Tech (48), Texas Christian (45) and Vanderbilt (52).
KEY NUMBERS FOR FY 2015
Licensees that saw the most growth during the past year were VF Imagewear (+200 percent), Vesi (+169 percent), League Collegiate Wear (+104 percent), Gear For Sports (+72 percent), Colosseum Athletic (+35 percent) and Knights Apparel (+30 percent).
UCs top five product categories for apparel were Mens/Unisex Fleece, Mens/Unisex T-shirts, Mens/Unisex Performance Apparel, Mens Fashion Apparel and Womens T-shirts.
UCs top five categories for non-apparel items were Gifts and Novelties, Housewares, School Supplies, Office Products and Personal Accessories.
Ludwig attributes this growth to diligent management and strategic planning with key licensees and retailers to reach a broader constituency and increasing the visibility of the universitys brand through licensed merchandise.
We have been looking at all angles for the best ways to increase our visibility, says Ludwig. One example would be our new partnership with Under Armour, who will be outfitting all of our varsity teams, as well as producing a variety of other UC-branded apparel and merchandise. The new childrens book, Baby Bearcat T-shirts and even new furniture and accessories by Alma Mater Designs are examples of other new products using the universitys logos coming to market.
As UC reaches out to include a younger population to its group of Bearcat fans, it introduces its new UC-themed childrens book entitled,
Bearcats Journey Through UC,
written by UC alumni Joel Altman and Jerry Tsai, and includes a foreword by UC President Santa J. Ono.
BABY BEARCATS, BOOKS AND BBQ
The new inventory should be arriving the same week as UCs Welcome Back to School BBQ organized for parents, which includes a book signing on Friday, Aug. 21. Altman will be on hand to sign books that have also been pre-signed by President Ono starting at 10:30 a.m. directly after the New Student Convocation held on the lawns outside the Russell C. Myers Alumni Center.
Altman has written similar books for other schools, such as the well-known Cincinnati Reds Gappers Grand Tour: A Voyage Through Great American Ball Park, and Hoover the FBI Dog about an FBI dog detective to help get children familiar with the FBI and what they do in criminal investigations. And Ludwig adds that these hardbacks, as well as the new Bearcats Journey Through UC, and earlier Hello Bearcat childrens book authored by UC mens basketball coach Mick Cronin are all illustrated by Mascot Books in Columbus.
While digging deep to uncover some of the exciting mysteries about UC, both Altman and Tsai consulted with UCs foremost authorities on the universitys history former associate vice president of public relations Greg Hand and archivist Kevin Grace to get UCs most essential and appropriate history, from their perspective, for this book.
Were really excited about the book and the new Baby Bearcat T-shirts, says Ludwig. This book was President Onos initiative. He wanted to tell UCs story to a younger population, and working with Joel Altman and Jerry Tsai was a way to do that, as well as to work with some of UCs alums.
These are more than just products, these are part of the UC brand and part of engaging the wider constituency, which is wider and deeper than the number of fans who can attend a game. It is everybody affected by the university; our faculty, our staff, our students and all of our alumni, whether theyre here or all over the world and greater Cincinnati community.
While increasing the brand is not always about revenue, Ludwig points out that by increasing the visibility of the university, increased revenue is often a natural byproduct, and sticking with partnerships that work and dropping those that dont is key in moving the success of UCs brand forward.
Signing on with Under Armour and returning to campus for games in Nippert Stadium
should bring more attention and visibility for UC this year.
Ludwig says one of the keys to success during FY 2014-15 includes an enhanced market penetration, expanding the brand into retail chains such as Dick's Sporting Goods, RallyHouse, Meijer, as well as traditional campus retailers like the UC Bookstores and DuBois Bookstore.
With the fall semester fast approaching, Bearcats fans will be introduced to a newly launched campaign on social media urging all to share why
#WeWearUC
. A video will be published showcasing several examples of group accomplishments across the campus, and a link will allow students and fans to submit their own videos.
UC is also working with 50 other schools as part of a national College Colors Campaign sponsored by several retailers including Dicks and Lids. Using social media, the platform talks about wearing college colors and involves a contest where you can win prizes by posting photos and videos wearing your schools colors and attaching
#CollegeColors
and other activity-specific hashtags like
#SQUADPIC
,
#FAMPHOTO
and
#SELFIE
.
The more engaged our students, fans and constituencies are on social media, the more it helps connect UC as a community and makes it easier to get a wider variety of products placed in stores, says Ludwig. And helps us get into programs such as the PINK Program and other premium co-branded collegiate programs like Vera Bradley and Dooney and Bourke.
A Look at UCs Growth in Trademark Merchandise
2014-15 $905,400
2013-14 $863,861
2012-13 $859,458
2011-12 $768,839
2010-11 $749,000
RELATED NEWS:
Sales of UC-Branded Merchandise Continue to Break Records
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