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So you expect free or £5 downloads for albums, but still want t-shirts to be silly-cheap? Y'know even a single colour t-shirt can cost up to £4 per unit once you factor in *all* production and printing costs, the t-shirt itself, and shipping. So if the t-shirt is very basic (thus not that appealing to buy) and you sell it for £8, you're still not really doing that well; certainly not enough to offset the cost of hundreds of lost sales of the music itself.
The risk rises exponentially the more colours you add.
Anyone moaning about expensive merch really has not been paying attention to the music industry for the last 10 years.
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein
Seriously: If you value it, take/fetch it yourself