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"Tracking" a licensed product?

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pikehunter

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This might be a silly question, but let's say that you're fortunate enough to strike a licensing deal with a company for an idea/product that is digitally delivered through the internet from the company's website. Let's say hypothetically it was a special or unique map that people paid a fee for and simply printed after purchasing.

Question: if the licensee was being paid a royalty % based on sales, how does the licensee realistically keep track of the actual sales made through the company to ensure they're being paid fairly?

There may be a simple answer. I was just curious.

Thanks for any input.

-Pike
 
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Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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