Why is branded merchandise important
Branded merchandise has become an increasingly important component of the music industry over the past few decades. From t-shirts and posters to phone cases and water bottles, musicians and their labels have found creative ways to promote their brand through merchandise sales. In fact, branded merchandise has become so ubiquitous in the music industry that it’s hard to imagine a world without it. But why is it so important to brands in the music industry?
The effectiveness of “Word Of Mouth”
First and foremost, branded merchandise is a powerful marketing tool. Every time a fan wears a band t-shirt or carries a band water bottle, they’re essentially promoting the brand to everyone they encounter. This kind of word-of-mouth advertising is incredibly effective, as it comes from a trusted source (a friend or acquaintance) and is often more persuasive than traditional advertising. In addition, branded merchandise can be a valuable source of revenue for musicians and their labels, especially in an era where record sales are on the decline.
But branded merchandise is more than just a marketing tool and a revenue stream. It’s also a way for fans to express their loyalty and passion for their favourite artists. For many music fans, owning a piece of merchandise is a way of showing the world that they belong to a community of like-minded individuals who share their love of a particular band or artist. In this sense, branded merchandise serves as a form of identity and belonging.
Support beyond the confines of music
Moreover, branded merchandise allows musicians to extend their brand beyond the confines of the music itself. Fans can wear a band t-shirt or carry a band water bottle even when they’re not listening to the music, which helps to keep the brand top-of-mind and reinforces the connection between the fan and the artist.
Finally, branded merchandise can help musicians to build deeper connections with their fans. By offering unique and personalized merchandise items (such as limited edition vinyl records or hand-written lyric sheets), musicians can make their fans feel like they’re part of an exclusive club. This kind of intimacy and personal connection is invaluable in an era where so much music consumption is mediated by streaming services and social media.