There are businesses that highly benefit from the profits that corporate products bring. The money that comes in from these items propels the business to expand while waiting for the turnout for their primary commodities. Two industries that get huge earnings from merchandise are sports and music as a result of the interest of fans and more people jumping into the bandwagon.
Though ticket sales is the main source of profits for sports teams, the business will not outlast on that alone. Thus, they sell merchandise which carry the team's name, logo and color. Jerseys sell at a fast rate that the profit that comes from it can sustain the operational costs that the team incurs. Aside from sports jerseys, the team also sells autographed items, casual shirts, caps, bags and other objects that fans can't wait to possess.
To make the money flow all year round, sports teams sell items that are appropriate for various seasons like coats for winter and swimwear for summer. To cater to their young consumers, sports teams also sell stuffed toys that carry the team's logo and cards that they can swap with their friends. The stronger and larger the fan base of a team, the
Though ticket sales is the main source of profits for sports teams, the business will not outlast on that alone. Thus, they sell merchandise which carry the team's name, logo and color. Jerseys sell at a fast rate that the profit that comes from it can sustain the operational costs that the team incurs. Aside from sports jerseys, the team also sells autographed items, casual shirts, caps, bags and other objects that fans can't wait to possess.
To make the money flow all year round, sports teams sell items that are appropriate for various seasons like coats for winter and swimwear for summer. To cater to their young consumers, sports teams also sell stuffed toys that carry the team's logo and cards that they can swap with their friends. The stronger and larger the fan base of a team, the
higher the income from corporate products.
Meanwhile, music companies do not depend on just the album sales of their artists. Rather, they increase their cash flow by releasing magazines or videos that renders the ultimate fan experience. The video collections may include official music videos, interviews or all-access footages that a die-hard fanatic would do anything to watch.
Aside from these items, music companies also sell trademark paraphernalia of their artists and even dolls. When these are offered for sale, whether on storeroom shelves or online, the loyal fans will not think twice to buy. Indeed, the corporate products that sports franchises and music companies sell drive their operations to greater heights. However, the revenue from these items is endangered when the team performs poorly or when the artist gets implicated in a scandal.
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Meanwhile, music companies do not depend on just the album sales of their artists. Rather, they increase their cash flow by releasing magazines or videos that renders the ultimate fan experience. The video collections may include official music videos, interviews or all-access footages that a die-hard fanatic would do anything to watch.
Aside from these items, music companies also sell trademark paraphernalia of their artists and even dolls. When these are offered for sale, whether on storeroom shelves or online, the loyal fans will not think twice to buy. Indeed, the corporate products that sports franchises and music companies sell drive their operations to greater heights. However, the revenue from these items is endangered when the team performs poorly or when the artist gets implicated in a scandal.
About the Author:
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