Monday, January 20, 2014

Sponsorship Vs. Partnership


Every band needs some kind of help getting off the ground. Some get help from their parents that allows them to build a launching pad, some get help from their parents which completely goes to waste, some take out loans or use credit cards, but it seems that the ideal source of financial support is a Sponsorship. It is not new to see musicians “endorsing” a product, but we haven’t much of this happening the other way around (with the possible exceptions of The Monkees and The Vans Warped Tour). It would seem like a mutually beneficial; the product gets to be associated with youth and underground-ish music, bringing their product to many who would have turned up their nose at it before that cool anarchist bluegrass band who only play in train cars, told them it was okay. The band not only gets financial support (which would be more than enough to make most happy), but publicity and integrated marketing as well. But this is yet another situation when it’s good to think twice and get out the old hairsplitting kit because what you should really be looking for is a 'Partner'. Given the choice, you generally want to choose an equal-relationship over what is essentially, employment. Isn’t avoiding the workforce why you started the band in the first place? 


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