Booking fees and ticket sales only represent a portion of a performer's income for everyone from the independent artist to the big name band selling out huge venues. As a result, it is essential to take advantage of any opportunity to bring in extra cash via merchandise sales for CD's, T-shirts, and the like. But how can you create an inventory of merchandise without breaking the bank? Here are a few places you might be able to score some great deals...
**Guest post written by Phil Johnson, as featured in his blog, Big Whiz Bang!
So let me tell you my strategy for this. Just like on the internet, content is king. The more the better. Your goal should be to have a merch option for everybody that wants to take a souvenir home. And make no mistake, that’s what it is. A souvenir...
**Guest post written by Ari Herstand. It originally appeared on Ari's Take.
"It was a great show [Low Cut Connie at the Echo]. So naturally I stopped by the merch table afterwards to get their vinyl and a T...when she told me the price for the vinyl and T I thought there must be some kind of mistake. $27?! For both? No way. They were charging $13 for the vinyl and $14 for the T. Way too low!..."
**Guest post written by Carlos Castillo of Schwilly Family Musicians - music marketing strategist, web designer, live performance recordist, international road-tripper, lap steel player, and Captain of the Schwilly Family.
""Don't rely on the promoters. As long as you put on a killer show and have killer merch, you'll always have enough gas to make it to the next stop"...The bottom line is that if you want to be a professional musician, you should have a solid merch setup and promote it effectively at your gigs. Because it might be the only money you make that night..."
**Guest Post written by Jon Ostrow, Director of Sales at Bandsintown, Founder of MicControl, lover of all things music, a raging Phish head, and a coffee addict. Also featured on Bandzoogle.com.
"Bandzoogle members have now crossed $20 Million in direct-to-fan sales through their websites (commission-free!). This comprehensive guide will show you how to set up an online merch store for your own band, and give you some ideas for the different types of merch you can sell to your fans."
**Guest post written by Glen Perry of Audio Mastered. He's been a musician for over 15 years and has done everything the hard way so you don't have to. You can find more advice and buying guides, such as the best Bluetooth transmitters, over at AudioMastered.com.
"A common mistake bands and artists make is not paying attention to the economics of their merch table. Unfortunately, some bands shy away from a data-driven approach and only sell a few cliché merch items - think T-shirts. By taking a closer look at less expensive, but more profitable items, bands can add fresh additions to their revenue streams..."