Whether a business is small or big, logo merchandise can translate into billions of dollars - whether it's a private corporation, sports or music ...
It's no secret that memorable brands influence customer choices when buying. According to a 2007 Interbrand survey, strong custom promotional products "capture customer attention, draw them in, orchestrate a favorable decision and secure lasting relationships." Whether a business is small or big, logo merchandise can translate into billions of dollars -- whether it's a private corporation, sports or music. The good news is that sales are often spontaneous and produce big spikes in a short period of time.
Logo products make the music world go round. Just ask Paul Stanley, singer for KISS. "We sell about 2,700 products around the world," says Stanley. "So we're the largest and biggest merchandising band of all times and have been for years." He said their logo merchandise encompasses everything from clothes and dolls, to condoms and funeral caskets. The imprinted merchandise certainly pays off too, earning the band something like $48 million last year. Any band, established or new, will tell you that it's not the ticket sales or the record sales where they make all their hard-earned cash: it's the merchandise.
If you think about it, even cities use logo merchandise to promote a certain idea, image or eye-catcher. If Berkeley California had a brand, it would probably be tie-dye. Chicago is "the Windy City." New York is "the Big Apple" (not to be confused with Apple Computers). The City of Colorado Springs, home to the U.S. Olympic Committee headquarters, has added the Olympic rings to the city's logo products, a deal which has undoubtedly secured their future partnership with the committee.
It can be daunting to develop a brand image when you think of logo merchandise like a walking billboard. So much depends upon this one design! A big part of logo products design is what items you choose for your imprinted merchandise. For instance, someone might have no need for a "Twinkie the Kid" mousepad (A mousepad? In the age of laptops?), but might go hog wild over a t-shirt. Or someone might not want to wear a FedEx shirt, but might appreciate a quality travel mug.
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Unfortunately, gender discrimination is still alive in the 21st century. Women still have to work harder to prove their worth in the primarily male-dominated world of finance. It is critical for female business owners to provide an excellent sales pitch, coupled with an impeccable business plan, in order to secure funding. Women must also be careful not to undersell themselves. Studies have shown that women tend to ask for less money than their male counterparts do.