October 29, 2024
You'll often hear the phrases "merch" or "swag items" casually thrown around to describe promotional items that companies give out at events or conferences. The cost of these swag items is typically very cheap and they are often poorly made. A customer might wear merch like this while mowing the lawn or use their tote bag when they have nothing else to carry their gym equipment, but it is quickly discarded.
On the other hand, building a custom merch program is all about producing retail-quality, well-designed, apparel and products that your customers wear for years and rave about.
Dive into this article to learn about the top five reasons your business should have a custom merch program.
Custom merch or corporate merch refers to any products that have the name or logo of your business included on them. This includes T-shirts, hoodies, hats, custom embroidered hats, and all other types of men’s and women’s clothing, and drink ware, coasters, magnets, stationary, custom bulk order stickers, etc. The sky is the limit, if you can dream it, you can brand it.
Until the last decade, custom merch was generally thought of as cheap swag items or promotional in nature, paid for by a business and given away for free. Promotional giveaways included swag items like calendars, matchbooks, pens, stationary, etc.
As entrepreneurial individuals began to focus more and more on the quality and functionality of the custom merch itself, custom merch morphed into a secondary revenue stream for many businesses. Now customers buy merchandise that has something attractive printed on it such as a logo, a brand message, a motivational slogan, or appealing artwork that they want to be associated with.
The growth of the industry has been nothing short of remarkable. In 2021, the annual sales revenue of the promotional products industry in the United States amounted to 21.1 billion U.S. dollars. Part of this share can be yours.
Here are the top 5 reasons why you need a custom merch program:
Quality merchandise can often bring in an additional $20,000 – $40,000 each year for small businesses. What could that mean for you? You can pay down debt, give everyone raises, have a big company bash at the end of the year, or go on that special vacation you have always wanted for yourself. There are numerous possibilities with additional revenue.
Depending on the specifics of your business, you can have a store that sells your custom merchandise with no risk to you. For example, for online stores there are providers who will print T-Shirts for you on-demand. You may be limited in what you can offer in both product variety and quality, but there is zero risk to you. Using a similar approach, there are organizations you can partner with that will design, produce, warehouse, and ship your custom merch all on your behalf. You simply receive a royalty whenever something is sold. In this latter situation, as your program proves its worth over time, you can take on more of the supply chain risk in exchange for higher and higher royalties.
Why do people purchase custom merch? There are two main reasons:
1. They are brand loyalists
Brand loyalists are just what the name implies. They wear and use your custom merch because they are loyal to the main thing your company does. If you own a restaurant, they love your merch because they love to eat at your establishment. If you are part of a band, they buy and use your merch because they are loyal to the music you produce and what your band represents. If you are an influencer, they buy and use your merch because they want people to know how much they appreciate what you publish. And so forth.
2. They simply like something about the custom merch itself, usually artwork or a slogan.
These are people who buy your merch simply because they think it is cool. They love the artwork you have on a hoodie, so they buy the hoodie and they wear it. They love the thick, soft T-Shirts you provide, so they buy them and wear them because they are so comfortable.
No matter why people wear or use your custom merch, others see them wearing your T-Shirt with custom embroidery or carrying your tumbler and they are reminded of your brand. When potential customers see your logo often enough, they decide to try whatever it is you do. In their minds, they reason, “All these people are repping this brand, so it must be pretty good. I need to find out what it’s all about.”
As people identify with the wearers of your custom merch or the corporate merch itself, and form a favorable association, you get a positive bump for your brand from that association.
For many small businesses, having a lot of your custom merch displayed publicly creates the perception that your business is a little larger and a little more significant than it might currently be.
So, if you like the idea of a few extra dollars of direct profit (from a custom merch store), and some extremely cost-effective advertising to drive more people to want to do business with your organization, custom merch should be for you. What are you waiting for?
If you are interested in chatting about custom merchandise solutions, we are a custom merchandise company that never stops considering how to leverage the power of custom merch. Give us a call at (801) 355-0331 or drop us a line at info@hugebrands.com. We would love to get to know you.
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