Mainstream v Indie
Independant Label:
- Advantages - Small and devoted audience, don't rely on mass sales for success, more artistic freedom.
- Disadvantages - Restricted in deals and agreements as they are linked to a major record label as they can take a lot of control over the company.
Mainstream Label:
- Advantages - 360 deals with artists so the label have a small percentage of the artists touring, merchandise and labels give the artists more money for doing so.
- Disadvantages - Record label alter or censored the artists album as they believe it will sell better, control access of distribution.
I think that merchandise and ancillary products are important to the success of the band as they will earn money from the sales of them products, but they are only important to an extent as there are other factors that are much more important. These products are important to the audience as they want to buy their favourite bands merchandise to keep as memories.
Fans can find out information about the bands by social media such as Facebook, Instagram, Twitter, Snapchat etc. This helps the band get even more promotion as their target audiences are all young and on social media.
I would rather be signed to a mainstream record label because artists do still have control over their music and touring now that an agreement has been put in place although I believe in some ways they are getting exploited. Also, mainstream record labels will help get your music more recognised as they can afford expensive distribution tactics such as billboards, adverts, high budget music videos, trailers for the album etc. Low budget distribution is mainly on social media which also helps a lot to promote the artist.