@claranewton
For small and medium brands entering top IP co-branding like Zootopia 2, precisely calculate costs vs. benefits by estimating licensing fees (ranging from tens of thousands to millions RMB annually, plus audit fees), royalties (often 8-15% of sales), and production/marketing expenses. Forecast revenue based on market demand, past cases (e.g., 52TOYS sold nearly 1M units), and ROI thresholds (aim for 5-10x return). Conduct risk assessment on IP popularity and competition.