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Promotional merchandise for a band, record label, or other entity [in the music] business, usually distributed at concerts. May include t-shirts, stickers, promo CDs, posters, etc. Often free, but not [necessarily]; a t-shirt or record purchased at a concert might still be considered swag, especially if it is a design or release that is not readily available in the mass market. Many [independent] record labels throw in a handful of free swag when they ship out mail-order packages (stickers, sampler CDs, etc). The chief difference between swag and regular merchandise is that its purpose is not to make a profit, but to promote the band/label, and reward its supporters by giving them something cool and unique.
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