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An audience is demand that already exists, which is the hardest part of commerce solved before you start. What is usually missing is everything after the demand: making the thing, holding stock, getting into stores and being paid correctly when several parties share one sale.
A launch that sells out direct is real evidence and it does not answer a retail buyer's questions. Case pack, ship window, margin and reorder rate are what they ask, and an audience number is not an answer to any of them.
Licensing takes no inventory risk and the least margin. Private label takes both. Your own line takes all of it in exchange for all the control — and the right answer depends entirely on how much stock you can afford to be wrong about.
Creator, brand, manufacturer and agency sharing one order is normal, and an undocumented split is the most common cause of a payment dispute. Recorded on the order, a four-way split settles once instead of becoming four invoices and an argument.
Direct sales spike and decay with attention. Getting into stores converts a moment into distribution that keeps selling after the post is buried.