Licensed products are items that are produced under the permission of a brand or trademark owner. This means that the company creating the product has obtained a license to use specific logos, characters, or designs associated with a particular brand, such as Disney or Nike. These products can range from clothing and toys to electronics and home goods. The licensing process ensures that the original brand maintains control over how its image is used, while also allowing other companies to create and sell products that appeal to fans. This collaboration can benefit both parties, as the brand gains exposure and the licensee can attract customers who are interested in the brand's identity.