Musings from Dennis #274. Back in my Disney licensing days, I made it a point - whenever possible - to visit a potential licensee’s premises by the first or second meeting. It was certainly easier to meet at our office or over coffee, but my POV was simple: I didn’t believe in agreeing to any deal or terms until I’d seen how they actually operated.
A site
visit tells you far more than a pitch deck ever can. It helps you gauge their
level of interest and operational proficiency - and after all, aren’t we always
looking for best‑in‑class licensees? Beyond that, it gives you important signals about their
financial health and where their real strengths lie. Often, companies are
excellent in one product category but eager to work on another where they have
little to no experience.
Two encounters
with Malaysian companies really cemented this perspective for me.
In the
first case, a company approached me wanting to become a licensee‑distributor for Elmer’s Glue
featuring Disney IP. On paper, it seemed straightforward and sensible. Still, I
insisted on visiting his office. When I arrived, it became very clear that his
core business was actually rubber stamp manufacturing and retail—and not just casually so. He was one of the key
players in that subcategory.
Instead of
pursuing the Elmer’s idea, I encouraged him to lean into his real strength. The
result? He signed on for a multi‑character
Disney deal focused on a single SKU: rubber stamps. It was a far better fit
commercially and operationally.
On another
occasion, when I was GM for Malaysia and happened to be in market, I visited a
bedlinen company’s factory on behalf of my teammate. They were keen to sign a
Disney bedlinen deal, but a walk through their premises told a different story.
The most prominent sight was a sky‑high pile of
baby mattresses, pillows, and bolsters. Clearly, their core strength was in
baby bedding wholesale manufacturing.
I suggested
that, financially and strategically, it made more sense for them to build on
what they already did best rather than branch into something entirely new. They
agreed, and we handed the opportunity over for the next level of discussions.
The
takeaway? Sometimes a simple site visit can uncover a high‑potential product subcategory that’s been sitting quietly on your white‑matrix list all along - just waiting
to be activated.
.png)

.png)



.png)
.jpg)