Mero
Norm Smith Medallist
Of relevance to us here is the minuscule amount Merchandise makes up in a club's revenues.
(of those that reported them at all)
And that doesn't include profit on merchandise, which I think would be somewhere near half of what the revenue is.
50% profit margin is actually not a bad little return.
Compare what Carlton makes from all merch, let alone White, Baby Blue or Wolf-Dog Blue jumpers, with what they make out of pokies.
Or Essendon, who traditionally not only have the largest range of jumpers each year, (Home, Away, Anzac, Cancer, Indig & Country) but also have the most supporters, and one of the better supporter to merch. sales ratios (based on older information)