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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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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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