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4 min read
•November 19, 2024
Welcome to the second chapter of our Bundle series! Throughout this article, we’ll explore the main benefits of selling bundles.
When creating offers for your event, bundles are a game-changer. Whether you’re an artist on tour, a festival, e-sport event or sports game producer, bundles not only enhance the fan experience, it also boost your brand and drive unexploited revenues. From exclusive items to personalized experiences, they create excitement and forge deeper connections with your audience.
Now, let’s dive into the “bundle world” and see how it’s a perfect strategy for your next event!
More and more, fans are willing to enter their favorite artist’s universe and crave to collect exclusive items or live unique experiences. Creating merchandising and selling records are great ways to be creative and craft amazing products your community will love.
Bundles serve as a great marketing tool. By allowing fans to receive merchandise before the event, you create a buzz and build anticipation. For instance, festival’s attendees could proudly wear shirts with event’s line up, becoming walking advertisements that spread the word, your event awareness and excitement.
Bundles can feature limited-edition or exclusive items, creating a sense of urgency among fans to purchase before supplies run out. Fans love owning something unique that connects them to their favorite artist or past event.
Fans appreciate the personal touch of bundles, especially when they include signed memorabilia or special experiences like meet-and-greets. This strengthens their emotional connection to the artist and create a sense of nostalgia for your event.
Consider partnering with local artists, labels, festivals, designers, or brands to develop co-branded merchandise. Also join forces with one of your event’s sponsor, an artist label or management to create co-marketing strategies about a collection to increase your event’s visibility.
Instead of selling through multiple websites (e.g one website for your e-commerce, another for your tickets), offering everything in a single checkout flow reduces friction in the buying process, making it easier for fans to get all they want in one go. This drastically increases the purchase conversion rate of additional products. Also, this is way easier for marketing teams to sell from a single website. By joining forces, they redirect traffic to a single website, cutting marketing budgets by half and get qualitative data…
Selling bundles also gives you valuable insights into your audience. By tracking what fans buy, you can understand their preferences—what merch they love, which items sell out fastest, and how they engage with your event. This data helps you tailor future offers, create targeted campaigns, and personalize the fan experience.
Your core fans are the one coming to your events, buying your merchandising, records or experiences. Remember, a 1000 True Fans support is all what you need. Knowing who your top supporters are allows you to strengthen those relationships and keep them coming back. You could incentivize them with exclusive future offers, early access to tickets, or special event content that strengthens their connection with your brand.
Bundling tickets with merchandise, exclusive content or records encourages fans to purchase more at once. This upsells your offering, increasing the average purchase value per fan and driving more revenue than selling individual items alone.
Instead of guessing quantities randomly for products and size, you can use “pre-order” or “print on demand” tactics to avoid keeping stocks once your event is over. Also, by sending product directly to their home address, you can avoid people queuing in front of the event location. Dope!
In today’s experience generation, selling bundles is more than just a smart sales strategy—it’s a way to connect with your audience on a deeper level, elevate your brand, and differentiate your event from others. It’s also key to create synergies between brands, artists and event producers and understand who are your superfans. Whether you’re aiming to sell exclusive merch, offer unique experiences, or simply increase your event’s visibility, bundles are the key to unlocking it all.
Now is the time to start incorporating bundles into your event strategy!
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