Music Trade Review

Issue: 1905 Vol. 41 N. 24

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
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6
MUSIC TRADE
REVIEW
EDWARD LYMAN BILL, - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorial Staff:
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SAN FRANCISCO OFFICE:
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CINCINNATI, O.:
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Published Every Saturday at 1 Madison Avenue, New York
Entered at the New York Post Office as SeccnJ Class Matter.
SUBSCRIPTION, (Including postage), United States, Mexico, and Canada, .fii.OO per
year: all other countries. $4.on.
ADVERTISEMENTS, •Sli.nii per inch, single column, per insertion. On quarterly or
yearly contracts a special discount is allowed. Advertising rages. $.~iiUKi ; opposite
reading matter, :<7.">. REMITTANCES, in other than currencv form, should he made payahlc to Kdward
I.vmaii Hill.
Directory of Piano
The directory of piano manufacturing linns and corporation.^
found on another page will he of great, value, as a referetici
Manufacturers l o | . ,i,.nlers and others.
LONG DISTANCE TELEPHONE NUMCCR 1745 GRAMERCY
NEW
Y ORK,
DECEMBER 1 6 ,
1905
EDITORIAL
S Christmas approaches the retail trade becomes accentuated
and manufacturers everywhere are doing their; utmost to
supply the needs of their representatives. A good many orders
will be carried over to the new year, for it will be impossible for
the piano men to supply the demands which are being made upon
them.
1905, counting from the early fall, has been a period of unpre-
cedented activity, and the holiday season so near at hand will find
business men everywhere in a mood to take off their hats and echo
the sentiment that Christmas brings abundant blessings of all kinds.
One need not telegraph near or far to hear good tidings of business
joy humming over the wires. T h e message is charged into the
atmosphere about us, as electricity sparkles and tingles in the rare
frost bitten airs of winter. The faces of business men are bright,
the greetings that they give each other are optimistic. There may
have been years for mourning", but 1905 will not be numbered among
them. Good crops, splendid sales, debts paid off, and work for all
who are willing to work and good pay! for those that earn it are the
tokens by 1 which we measure the performance of 1905, and the
promises offered \\% by the year that is to come.
Of course there will be a slowing down after the holidays; we
expect that, but there is every indication of the year opening in bril-
liant form, for there is no cloud discernible on the horizon.
A
S
OME have estimated, the output for the year to approximate
two hundred thousand pianos,' stating, in this connection, that
it will be the largest yearly output in the history/ of the trade.
This is wholly incorrect and misleading, as it gives a false im-
pression of the magnitude of this industry. We have produced in
a single year considerably more than two hundred thousand pianos.
and the output for 1905 will approximate 230,000 instruments.
This may seem to some an extravagant statement, but we are
inclined to believe that before the closing of the year it will prove
a conservative estimate. 1905 will rank from every standpoint as
the banner year in piano trade history.
P
ROFITS, that is, manufacturers' profits, will be materially les-
sened on account of the increased cost, varying from twelve
to twenty per cent, advance in the cost of manufacturing. There is
no possible hope that there will be an immediate decrease in any
particular. We must therefore face the present situation regarding
prices as one which will be liable to endure for some time, conse-
REVIEW
quently all business enterprises must be adjusted to conditions which
confront them. Manufacturers will receive more for their instru-
ments in 1905 than they did during the past year. Some of them
did not hesitate to advance prices and dealers recognizing the cor-
rectness of their position did not demur at a reasonable marking up
and it was easy, too, for the dealers to get more.
T
H E R E will be a joint meeting of the executive committees rep-
resenting the manufacturers' and dealers' associations, which
will meet in New York some time in January. Important matters
will be brought up for consideration, and it is presumed that some
action will be taken regarding the proposed piano exhibit in Wash-
ington. Some of the dealers feel that a trade exhibition there will
be an incentive for members to attend. I>ut there are others who
feel that an exposition where a number of pianos are to to be exhib-
ited on the same floor in close proximity would prove unprofitable
from a business standpoint.
It will also be settled at the joint meeting whether the manu-
facturers will hold their convention in Washington during the same
week when the dealers will meet, or whether they will go to West
l'aden, Indiana.
There has strong opposition developed which will probably
result in cutting out the Indiana town, and holding the two meet-
ings in Washington upon dates which will make it possible for mem-
bers of the trade to attend both conventions without inconvenience.
O
NE piano man who controls a number of large retail estab-
lishments remarked to The Review that he had trouble in
securing good salesmen. ()thers have remarked along similar lines
and it is a generally admitted fact that efficient salesmen are diffi-
cult to find.
( )ne reason for this may be due to the fact that the good man
is never looking for a position, a position is seeking him. This holds
good in both the retail and wholesale departments.
There are some well-known establishments that are endeavor-
ing to make this salesman famine an impossibility by inaugurating
a custom of holding conference meetings in which the conditions
prevailing in these particular stores are discussed. The managers
make suggestions, methods are taken up and analyzed, the salesmen
are invited to take an active part and tell frankly their own ideas
of weakness that exist in the stock management or service.
T
J1IS plan is a splendid one, and it has always been a feature of
some of the successful mercantile establishments in America.
]t forms a basis of helpfulness that enthuses the salesmen and spurs
them to extra effort until it is time for another meeting. In short,
a good manager can increase the productive capacity of his staff by
this line of work, for many salesmen would gladly do better work
if they knew how to accomplish it. A system that gives knowledge
to an employe is a good system.
Jos. T. Leimert, the retail manager of the Cable Company of
Chicago, in a recent article in Salesmanship, a well-known magazine,
said :
To keep a sales organization on a hundred per cent, basis of ex-
cellence and efficiency requires : first, perfect harmony ; second, fre-
quent meetings on a perfect social level between the members of the
organization; third, a thorough knowledge, on the part of all the
men, of the. wares which their house sells, as well as the wares sold
by its competitors.
To accomplish the latter aim the writer's plan is to have a bi-
monthly meeting of all members of the sales department and all can-
didates.
At each meeting a different make of piano or organ or piano-
player is to be sold, in theory, to a salesman in the role of a pur-
chaser, by a salesman who has made a study of the selling points
of the instrument in question. A stenographer takes a verbatim
report of the evening, and all the other salesmen and candidates
present report their impression, privately. These reports are turned
over to the salesmanager, who selects from them all the material
that is good, and arranges it in correct form to be printed, as a
regular lesson on the article sold.
There should be such a les$on in regard to every different in-
strument which the house has for sale, and, as far as possible, every
instrument sold by competitors. The candidate is required to know
these lessons thoroughly, and to have studied the wares of his house,
in the course of their construction, before passing the examination
which will admit him to the sales department.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE! REVIEW
R. LEIMERT is a capable and efficient piano man and he says
that the successful piano salesman should be a man of pro-
nounced mental force. That the salesman who presents his canvass
precisely as memorized, and. uses no originality to assist his argu-
ment is merely a talking machine. A good appearance, a clear eye
and a forceful, yet respectful, presentation, are necessary to the suc-
cessful completion of a deal.
A young man who feels the necessity of working, and is am-
bitious to succeed, should be chosen in preference to one who,
through force of circumstances has no need to work, or one who has
not the ambition to excel. Training men who are too independent,
or who lack ambition, is a poor investment for any firm, since much
better results are obtained from the opposite types at no greater cost.
Manager Leimert's views are those of a practical, clear-visioned
piano man who knows the problems that confront salesmen.
M
T
HERE are those who believe that there will be some lively ad-
vertising battles between some of the leading music trade
houses.
One thing is certain, there is a kind of spiciness in the advertis-
ing matter which has been put forth in this city which causes it to
be read and commented upon, and presumably the interest will not
languish in this kind of work when the new year opens.
A
LREADY some of the enterprising manufacturers are sending
out calendars for the new year. It is a question nowadays
whether the vast sums which are sunk in the production of calendars
bring about as good returns, as if the same amount of money were
invested in other channels.
There are so many beautiful calendars which reach business
houses that it is impossible to find room for all of them on the walls,
and usually a selection is made from the entire number which rele-
gates all but one or two to oblivion. And so the manufacturer who
has issued a beautiful lithograph work which costs him with postage
a considerable sum, has received no advertising benefit at all in
accord with the money which he has expended.
Of course calendars will be issued as long as trade exists, and
there will be many concerns who will always consider that advertis-
ing a profitable kind, but is it not getting to be a trifle overdone,
and would not some form of novelty advertising be more effective
and be somewhat of a permanent reminder of the wares exhibited ?
Certainly if an expensively gotten up calendar finds its way into the
wastepaper basket, it is simply throwing away money to continue
the plan of exploiting products of any kind through the calendar
medium.
In our opinion there are other ways in which money could be
expended which would bring about better returns. Modesty alone
prevents us from naming The Review at this juncture. There are
specialty companies who produce most charming" souvenirs which
are kept by the recipients for a long time, thus forming a permanent
advertising value.
T would seem that the catalogue houses whom it is stated have
been arguing to secure the passage of the parcels post bill are
disappointed in the position taken by the postmaster general, who
states that he believes it unwise at the present time to establish a
domestic parcel post, but he earnestly recommends that the third and
fourth class mail-matter be merged at the rate of one per cent, per two
ounces, fn this way all merchandise parcels not exceeding four
pounds in weight will be carried at one-half the rate now charged,
and afford a great opportunity of distributing light packages to a
multitude of places not reached by the express companies.
The musical merchandise people are naturally interested in
matters of this kind, because anything which tends to bring about
cheapening in the cost of distribution assists business.
I
H
AS one advertiser the right to quote the name of an opponent
in his advertisement, and has he a right to caricature any
member of a competing firm and to expect that a publisher will be a
party to the promotion of such prejudicial literature?
We have held the view that an editor and publisher should con-
trol the advertising columns of his paper to the extent of not per-
mitting the advertising department to be used in any other than in
a legitimate business way.
A short time ago special advertising was placed with us which
we deemed unfair and prejudicial to the interests of one of our
clients, and we rejected the business on the ground that it was a
fixed principle of this paper never to permit one advertiser to tra-
duce another. To this policy we have adhered undeviatingly for
years, and while we may have lost business patronage through the
exercising of this censorship, yet we have built the standing and
reputation of The Review so that to-day men rely more than ever
upon its advertising columns as truthfully representing the condi-
tions of the business world. And they know, too, that the news
columns of the paper are used only for legitimate trade information.
WELL-KNOWN manufacturer recently expressed his views
A
upon the subject of advertising, some of which are well
worthy of reproduction. He said, "There is no doubt about the
worth of the right kind of advertising, for any concern in business
to-day, but the question is what is the right kind, and what money
shall we spend?
"I am convinced that it pays any concern who can afford to do
business to advertise that business as liberally as their means will
permit. I believe that a small manufacturing house may materially
increase its business by placing fair contracts with representative
trade journals, and I believe that a large concern should always
emphasize its position. We followed that plan years ago, when our
concern was much smaller than to-day, and we have demonstritecl
the value of good trade paper advertising. We have secured results
and I believe that the younger concerns starting to-day will find
that it will pay them to advertise as liberally as their condition will
allow."
X these days of keen competition, every little counts in winning
trade, and there is a great advantage to be scored by piano mer-
chants who insist upon immediate attention being given to every-
one who enters their warerooms. The wise man thoroughly tests
every link in his business chain at frequent intervals to insure that
all are strong, and his salesmen must be courteous to everyone who
enters, and their integrity must be above suspicion. If salesmen
acquire the habit of attempting to misrepresent competitors' wares,
they are apt to go from bad' to worse and success is not won in
these days of telegraph, telephone and rapid transit system by abuse
of competitors, and then there is no such thing as luck recognized
in business affairs to-day. The lucky man is usually the attentive
one, the man who thoroughly appreciates what hard work is, and
is not afraid of it. The winner wins out by hard work, seldom by
dumb luck, and yet there are some who go on in such a haphazard
way that it would seem as if they were particular proteges of a
special providence. But no man can do a successful business by
guess. He may go on for a time, but he must go down in the end,
if there is such a thing as competition in his locality, and our own
observation teaches us that there are mighty few piano men in this
country to-day who hold the local field exclusively.
I
I
T was stated in the local papers this week that a piano firm had
leased property opposite the Waldorf-Astoria, where an eleven-
story building would immediately be erected, and considerable spec-
ulation was rife in trade circles as to just who the piano men were.
The appearance of several prominent Western piano men in town
caused many comments as to probable moves. One thing is certain
the trade trend is steadily up-town in all lines. The Aeolian Com-
pany officers saw this when they secured their present site and
erected the magnificent twelve-story structure which is entirely
devoted to the exhibition and sale of musical instruments. With
Tiffany's magnificent new building in that locality and other palatial
"stores going up, it will be the future retail business district of New
York.
^
OME of the piano manufacturing establishments have trans-
acted a surprising business for the year now rapidly closing.
It has taken good hustle and close attention to business to produce
results, but it cannot be denied that the men who have fully
grasped the requirements of this age are doing the business. Some
of them have made advances which are quite remarkable, and if in
their dreams of business conquest years ago they had permitted
their imagination to take flight it would not have allowed them to
soar to such heights as they have actually reached to-day. They
did not actually know that it was in them, and they never would
have known had it not been for other business pacemakers. It is a
queer old world, and it needs a hot fire to develop some men, and
other men immediately throw up their hands when they face it. Rut
carelessness, indifference, and simply being a good fellow will not
succeed to-day; it requires something more. And, by the way, what
is the matter with the one-price system ? It is all right, surely.
S

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